06 February 2025
- NAIROBI, Feb. 6 (Xinhua) — Senior government and business leaders on Wednesday arrived at Nairobi, the capital of Kenya, in hopes of promoting commercial ties between Africa and the Middle East region. The two-day Future Growth Forum, with the…
06 February 2025
- Almost a dozen Ugandan government officials have been detained owing to their alleged affiliation with a major financial crime.
06 February 2025
- Booming infrastructure projects boost demand for ores.
05 February 2025
- Bankers face a fine of Sh20 million or three times the monetary gain, with the regulator leaning on the punitive penalty.
05 February 2025
- Throughout his life, Aga Khan IV championed the belief that Islam is a thinking, spiritual faith that teaches compassion, tolerance, and the dignity of humankind.
05 February 2025
- CAPE TOWN, Feb. 5 (Xinhua) — The national minimum wage in South Africa will increase by about 4.4 percent to 28.79 rand (about 1.55 U.S. dollars) per hour, effective March 1, the Department of Employment and Labor announced Wednesday. Minister of…
05 February 2025
- NAIROBI, Kenya, Feb 5 – The Central Bank of Kenya (CBK) has reduced its official lending rate by 50 basis points to 10.75 percent, aiming to stimulate economic growth. The Monetary Policy Committee (MPC) made the cut amid expectations that…
05 February 2025
- For those considering entering the craft beer industry, Mark Genders says the investment is significant - but not impossible.
05 February 2025
- Mr Mawji says all projects by the Aga Khan Development Network in Kenya, Uganda and Tanzania “were designed for their time and space.”
05 February 2025
- The entrepreneur who buys overripe bananas that previously would find their way into garbage sites turns them into baked goods.
05 February 2025
- As trade barriers diminish and infrastructure improves, the efficiency of intra-African trade will undoubtedly rise, creating a robust economic landscape.
05 February 2025
- The Dangote Refinery, has strengthened its position in the petroleum industry with the export of two cargoes of aviation fuel to Saudi Arabia.
05 February 2025
- Most firms expect their costs to rise by less than 20 percent, and the 37 percent that anticipate a drop in their primary expenses also see a drop of between zero and 20 percent.
05 February 2025
- How the Aga Khan came to establish East Africa’s largest media house is also the story of a man who saw an opportunity to give a newly independent nation its voice.
05 February 2025
- Firms in January raised output levels at the weakest pace since the growth momentum started last October, while growth in new orders was the weakest in three months, according to the PMI.
05 February 2025
- Easier access for African travellers will likely lead to an influx of tourists, particularly from neighbouring countries and the broader continent.
05 February 2025
- It has reduced the cash holdings requirement for banks to 3.25 percent.
05 February 2025
- It has reduced the cash holdings requirement for banks to 3.25 percent.
05 February 2025
- According to the Ministry of Health, those who fail the means test will be automatically excluded from comprehensive health services.
05 February 2025
- Over the three years to June 2024, the number of beneficiaries of the cash transfer for elderly persons grew by 65 percent to 1,251,720.
05 February 2025
- Innovation isn't just a destination; it's a journey. It's about challenging conventions, pushing boundaries, and refusing to accept the status quo.
05 February 2025
- The 2025 Mining Indaba has reached its midway point in Cape Town, South Africa, with the conference taking the theme of Future-Proofing African Mining, Today! However, future-proofing is not proving simple, with the conference abuzz given the…
05 February 2025
- The overpriced input costs and market dominance by a handful of players has resulted in steeper prices for animal feed dairy and poultry feeds.
05 February 2025
- With traditional donor flows slowing down, this just might be the catalyst needed to explore other financial instruments and strategies like impact investing.
05 February 2025
- Topline Shares of Google parent Alphabet sank in after hours trading Tuesday after the search engine giant’s fourth-quarter earnings report revealed slightly weaker quarterly revenues than Wall Street anticipated and predicted much higher spending…
05 February 2025
- The directive, which comes into force this month, will increase uptake and generate money for insurers, but it also presents challenges.
05 February 2025
- Delays on the proposed five-year deal between cash-strapped National Oil Corporation (Noc) and Rubis could extend to August, amid government red tape in approving the agreement. Energy and...
05 February 2025
- More details have emerged following Elon Musk’s discussions with South African President Cyril Ramaphosa amid rising tensions over the country’s land reform policies.
05 February 2025
- JERUSALEM, Feb. 5 (Xinhua) — United Airlines will be the first U.S. carrier to resume flights to Israel, the Israel Airports Authority confirmed on Wednesday in a statement. The carrier announced Tuesday that it will resume service from Newark’s…
05 February 2025
- NAIROBI, Kenya Feb 5 – Kenyan business conditions improved last month with expansions in output and new orders, according to Stanbic Bank Kenya’s Purchasing Managers’ Index (PMI). The private sector recorded a PMI of 50.5 in January 2025, an…
05 February 2025
- With a growing population in numerous African countries and rising life expectancy, having a strong pension system in place is critical not just for retiree well-being, but also for governments' long-term economic stability.
05 February 2025
- IBM, the American technology giant, has restructured its operations in 36 African countries, including Nigeria and Ghana, by transferring management to MIBB.
05 February 2025
- Calls made from Kenya to Kenyan lines in Burundi rose to 1.2 million minutes, from just 849 minutes the previous quarter.
05 February 2025
- FEB 5 – The UK government has denied claims made by the prime minister of Mauritius that it faces paying billions more under a renegotiated deal over the future of the Chagos Islands. Last October, the UK announced it would hand over sovereignty of…
05 February 2025
- NAIROBI, Kenya, Feb 5 – Pan-African insurer African Trade Insurance Agency (ATIDI) has called for greater investment in African development institutions as a means of reducing the continent’s reliance on unpredictable donor funding. The call comes…
05 February 2025
- The Environment Ministry targets to ink a $ 3.5 million (Sh452.06million) deal with Suni Smart Energy which would run over 10 years.
05 February 2025
- Crude oil consumption in Africa is mainly focused on a few big economies, with Egypt, South Africa, and Nigeria leading the pack.
05 February 2025
- Visa-free travel offers Nigerians significant advantages, providing access to a wide range of opportunities globally.
05 February 2025
- In a continually unbalanced world, billionaire philanthropy has emerged as a vital tool for tackling social, economic, and environmental issues.
05 February 2025
- The taxman is in the process of appealing this ruling at the High Court.
05 February 2025
- South Africa's largest airline, FlySafair, has been given a year to reduce its foreign shareholding, or it risks having its license suspended.
05 February 2025
- NAIROBI, Kenya Feb 5 – East Africa’s travel solutions platform BuuPass, has partnered with Stanbic Bank Kenya to offer exclusive cashback rewards for Stanbic Bank cardholders. This limited-time offer allows travelers to enjoy significant savings on…
05 February 2025
- NAIROBI, Kenya, Feb 5 – Absa Bank Kenya has been recognized as Africa’s top employer for the fourth consecutive year by the Top Employer Institute. The institute commended Absa for its excellence in Leadership, Sustainability, Diversity and…
05 February 2025
- NAIROBI, Kenya, Feb 5 – Huawei Kenya has selected 18 top-performing university students for intensive training ahead of the Sub-Saharan Africa Regional Finals of the Huawei ICT Competition 2024-2025. The global finals, set for May 2025, will bring…
05 February 2025
- RABAT, Morocco, Feb 5 – Smart Africa, an alliance of 40 African countries representing over 1 billion people, has launched the Africa AI Council to position the continent as a key player in the global artificial intelligence (AI) economy. The…
05 February 2025
- Absa Bank Kenya has been certified as Africa’s top employer by the prestigious Top Employer Institute for the fourth consecutive year, cementing its position as a home of talent in the financial services sector.
05 February 2025
- NAIROBI, Kenya, Feb 4 – Flexible workspace provider Spacia has opened a new outlet at Baraza Labs in Nairobi. Spacia says the new facility will provide integrated spaces on three dimensions, including work, stay, and play spaces for short-term…
05 February 2025
- FEB 5 – Alphabet, the parent company of technology giant Google, is no longer promising that it will never use artificial intelligence (AI) for purposes such as developing weapons and surveillance tools. The firm has rewritten the principles…
05 February 2025
- Rwanda may be facing a significant economic setback as the European Union (E.U) has received a request to nullify its mineral partnership deal with the East African country.
05 February 2025
- Kenyans have stumbled upon an intriguing way of making money through proficiency in diverse languages.
