30 May 2022
- Starting to save as soon as now is one of the best things you can do for yourself. You have to start saving money for yourself. "Why?" you may ask. Well, saving helps you prepare for both the unexpected and the expected. Talk about emergencies,…
30 May 2022
- The cost of wheat and wheat products, which account for almost one-third of the average national cereal consumption in the African region, has drastically shot up by about 25 percent from 2021 hitting the 200 shillings mark for the first time since 2018…
30 May 2022
- Did you know that six out of ten bank customers prefer Mobile Banking? This is according to a survey by the Kenya Bankers Association released in February 2022. The survey also indicated that another two out of 10 prefer Internet/ Online Banking. …
30 May 2022
- NAIROBI, Kenya, May 30-The Council of Governors says the National Treasury is yet to disburse 23 percent of revenue to counties for the financial year 2021/ 2022, with total arrears owed to counties standing at Sh83.4 billion. The Council’s Health…
30 May 2022
- Now in its fourth year, the “Africa’s Business Heroes” (ABH) grant spotlights the most talented entrepreneurs and small businesses from across the continent. We look at some of the recent successes of the ABH heroes and how they are reshaping…
30 May 2022
- NAIROBI, Kenya May 30-Innovative technology solutions have the potential to address the financial needs of people living with disabilities(PWDs) across the Middle East and Africa, according to the latest white paper from Mastercard. The study, Bridging…
30 May 2022
- It will be a big boost for avocado farmers in Kenya as the country plans to start exporting to India and China as it seeks to expand its reach beyond the traditional market. Avocado Society of Kenya (ASK) CEO Muthomi Ernest revealed that the government…
30 May 2022
- Paris, France, May 27, 2022 – The 2022 edition of the AFRICA CEO FORUM, the largest annual event dedicated to private sector development in Africa, will be held on June 13-14, 2022, in Abidjan, Côte d’Ivoire. At a time when the world is recovering and…
30 May 2022
- NAIROBI, Kenya May 30-The East African Breweries Plc (EABL) has commissioned the construction of a Sh1billion microbrewery that will serve as an innovation center for alcoholic and non-alcoholic beverages. The facility next to the Tusker brewery in…
30 May 2022
- QA Venue Solutions Rwanda has signed the biggest arena naming rights deal on the African continent with BK Group, a holding company with four subsidiaries: Bank of Kigali Plc, BK General Insurance, BK TecHouse, and BK Capital Ltd. The agreement, worth…
30 May 2022
- Last week, the Finance and National Planning Committee in the National Assembly rejected the punitive proposed taxes on maize flour, wheat flour, cooking gas, beer, wines, and spirits. For once, the MPs stood with the people. With the common man. If the…
30 May 2022
- East African Breweries Plc (EABL) has today commissioned the construction of a microbrewery at Ruaraka, Nairobi, that will serve as an innovation center for alcoholic and non-alcoholic beverages. The facility next to the Tusker brewery is projected to…
30 May 2022
- Asante Financial Services Group has been named the “Neobank Rising Star – East Africa” by the recently concluded Africa Bank 4.0 Awards. The Group received recognition under the category of Banking and Leadership Awards in a ceremony on Thursday, 26 May…
30 May 2022
- Shnaghai, China May 30-With the COVID situation easing in Shanghai, some shopping malls in the city center have re-opened. One of them is the Bund Finance Center in the city’s Huangpu District, right along the iconic Bund area. The shopping mall re-…
30 May 2022
- Moscow, Russia May 30-Russian subscribers have lost access to streaming giant Netflix in the latest pullout of a Western company over the conflict in Ukraine. The Netflix site and apps were no longer available from Friday and a Netflix spokesperson…
30 May 2022
- The US government is looking beyond a delayed trade deal with Kenya to expand commercial ties between the two countries amid Nairobi’s mounting frustration
30 May 2022
- Some people often decide to venture into entrepreneurship with a clear vision of what they want to achieve and the right path to use to make their dream come true. However, some new entrepreneurs find it challenging to figure out the most profitable…
30 May 2022
- Obinna Ukwuani is the chief digital officer at the Bank of Kigali (BoK). The man has all it takes to be called a tech wizard with the skills that make him to fit in any part of the world due to demand. As a graduate of the Massachusetts Institute of…
30 May 2022
- Ayoken has launched its own NFT Marketplace after raising $1.4 million in its pre-seed funding round. Ayoken is the first platform for buying exclusive
30 May 2022
- The Democratic Republic of Congo (DRC) has accused Rwanda of supporting the resurgence of M23 rebels, a development that has renewed long-standing tensions between the neighbouring countries.
30 May 2022
- Manufacturers and distributors can leverage Cloud ERP to revolutionize the way they do business and manage disruption as the impact of the global pandemic, regional instabilities, and natural disasters continues to cause supply chain volatility. Supply…
30 May 2022
- If you’re uncomfortable with the stock market volatility but still desire good returns in your investments, government bonds make an intelligent addition to your portfolio. The buzz around infrastructure bonds continues this month with the National…
30 May 2022
- On Multi Commodity Exchange Market, gold futures today rose 0.12 percent to 76,752.78 shillings per 10 grams. Spot gold was up 0.2 percent in global markets at 216,595.20 shillings, supported by a weakening US Dollar. A weaker dollar makes bullion more…
30 May 2022
- The Kenya National Education Council (KNEC) has introduced a system where parents, teachers, and students can conveniently verify registration details for 2022 Grade 6, Kenya Certificate of Primary Education (KCPE), and Kenya Certificate of Primary…
30 May 2022
- In the current restructuring, regional TV news programmes in Oxford and Cambridge are also among the services being scrapped merging with the BBC’s Southampton and Norwich operations.
30 May 2022
- “We are projecting the y/y inflation rate for May 2022 to fall within the range of 6.7 – 7.1 percent,” said Cytonn Investments in their latest weekly report. The inflation will be shaped by: Increasing fuel prices – Fuel prices for the period 15th May…
30 May 2022
- Traders at the Mombasa tea auction are side-lining expensive Kenyan tea because of the reserve price of $2.43 (Sh283) per kilogramme set by the government,
30 May 2022
- TOPLINE Outbreaks across Europe and North America of monkeypox—a rare virus not normally found outside parts of Africa— have governments spooked and scrambling to secure supplies of treatments and vaccines to contain the disease. KEY FACTS Bavarian…
30 May 2022
- 50 women living with fistula-related complications in Tharaka Nithi County will receive free surgeries and medical advice at a week-long free Fistula Camp at Chuka County Referral Hospital. This camp is in celebration of International Day to End…
30 May 2022
- The National Bank of Ethiopia has began tweaking the country's banking regulations in a move aimed at allowing foreign banks and Fintechs to start operations
30 May 2022
- The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 116.7 shillings from 116.4 shillings recorded the previous week, partly attributable to increased dollar demand from the oil and energy sectors. Key to note, this…
30 May 2022
- Oil prices climbed on Monday, hitting their highest in more than two months, as traders waited to see if the European Union would reach an agreement on
30 May 2022
- T-bills were undersubscribed, with the overall subscription rate coming in at 54.4 percent, down from 116.3 percent recorded the previous week. The dipping of the T-Bills was partly attributable to the tightened liquidity in the money market with the…
30 May 2022
- Purple Dot International Ltd at last week unveiled the new EDGE-certified Purple Tower to industry stakeholders, including investors and tenants, who are set to make material savings on utility costs in the Ksh2.5 billion mixed-use commercial project in…
30 May 2022
- Kenya’s private sector has contributed a total of Ksh 6.4 billion to the national tree growing campaign, in an effort to further demonstrate the sector’s
30 May 2022
- Fresh Produce Consortium Kenya, the leading organization committed to promoting the production and supply of high-quality fresh horticultural produce in Kenya, has created an avocado and banana digital communication and marketing strategy. The strategy…
30 May 2022
- Bank of Tanzania(BoT) is set to have Sauda Kassim Msemo as Deputy Governor after being appointed to that position by President Suluhu Samia. This appointment
30 May 2022
- Rivian Automotive, Inc- an American electric vehicle manufacturing startup, has seen the departure of Kenyan Charly Mwangi as one of its top executives.
30 May 2022
- Standard Group Plc reduced its loss before tax to KSh 22m for year ended 31st December 2021 compared to a loss before tax of KSh 434.4m over a similar period