19 May 2024
- NAIROBI, Kenya, May 19 – Online retailer Copia Kenya has announced plans to lay off 1,060 employees due to financial constraints. The decision comes as the company battles ongoing financial challenges, despite efforts to secure additional funding and…
19 May 2024
- MAY 19 – The men of the Yumuri sugar co-operative in Cuba have worked the cane fields around the city of Cienfuegos since they were old enough to wield a machete. Cutting cane is all Miguel Guzmán has ever known. He comes from a family of farm hands and…
19 May 2024
- MAY 19 – Boeing shareholders have signed off on the plane-maker’s plan to grant outgoing boss Dave Calhoun a 2023 pay package worth nearly $33m (£25m). A majority voted in favour of the plan, which had drawn criticism as the company grapples with a…
19 May 2024
- NTSA said the buy-now-pay-later scheme in the motorcycle business is a new and foreign concept.
19 May 2024
- The proposed Bill targets a wide range of everyday items, raising concerns about affordability.
19 May 2024
- The fourth round of the 2024 Diamond League will be underway today on Sunday, May 19, and three Kenyan runners are among the athletes who will be lining up for the men’s 800m at Stade de Marrakech in Marrakesh, Morocco. The three, Emmanuel Kipkurui…
19 May 2024
- The Egyptian-based company has been making significant strides in Kenya's automotive industry since its inception in the country three years ago.
19 May 2024
- The leaders said the community will settle for a share more than the 15 percent offered.
19 May 2024
- CA seeks to spend Sh28 billion over the next five years towards expanding mobile phone usage and mobile broadband to 66 and 65 per cent, respectively.
19 May 2024
- Currently, farmers propose maintaining the rate at Sh5,900, while millers advocate for a reduction to Sh5,100.
18 May 2024
- Weeks ago, when it was still raining, an update was out that President William Ruto would be on a state visit to the United States of America (USA) on May 23, and his Kenya Kwanza side of politicians could not keep calm; As usual, they celebrated,…
18 May 2024
- Tanzania is making giant strides towards space exploration with plans to establish the country’s first-ever Space Agency in the 2024/2025 fiscal year.
18 May 2024
- As the Chief Executive Officer at Katiba Institute, she knows a few things about the law. How it courted her. How she fell in love with it. And now, what next?
18 May 2024
- Forex trading in Kenya is evolving from a part-time engagement into a full-fledged profession.
18 May 2024
- WASHINGTON, USA, May 18 – The Joe Biden administration’s doubling of the import tax on Chinese solar cells to 50 percent on Tuesday has been opposed by some US contractors. The White House said the increase “will protect against China’s policy-driven…
18 May 2024
- NAIROBI, Kenya, May 18 – National Assembly Speaker Moses Wetang’ula has asked MPs to allow Kenyans to read and understand the proposed Finance Bill, 2024, on their own. Wetang’ula said that the law allows ordinary people to read and understand the Bill…
18 May 2024
- President Ruto says current system unfair as it neglects developing countries' interests.
18 May 2024
- African cities are experiencing extraordinary population expansion, driven by rural-urban migration, natural population growth, and economic dynamism. However, the fast migration of people into cities has outpaced the development of suitable housing…
18 May 2024
- LSD, whose vaccines are readily available, is caused by a virus that is spread by mosquitoes and biting flies.
18 May 2024
- The Kenya Bankers Association is calling on the Government and the National Assembly to reconsider the proposed 16% Value Added Tax on financial transactions in the Finance Bill 2024.
18 May 2024
- Watu Credit has defended itself against allegations of exploitative lending practices to the bodaboda operators in the country.
18 May 2024
- Russia continues to deepen its ties in Africa as it finds another African country to partner with on an important issue. This time the volcanic archipelago, of Comoros, has disclosed its shared interest with the Kremlin. This was made known on May 16 in…
18 May 2024
- ROME, May 17 (Xinhua) — Prices in Italy rose last month less than any of the European Union’s (EU) large economies, data released Friday by Eurostat showed. Eurostat, the EU’s statistics agency, said prices rose in Italy by just 0.9 percent in April…
18 May 2024
- NAIROBI, Kenya, May 18 – M-KOPA has been named Africa’s fastest growing company in 2024 for the third time in a row in the Financial Times (FT). The company appeared on the FT list for providing affordable financing for smartphones, electric…
18 May 2024
- Aliko Dangote, Africa’s richest man and Chairman of the Dangote Group, has assured that with the implementation of the Dangote Refinery's plans, Nigeria will no longer need to import gasoline starting next month.
18 May 2024
- The sector, Kenya's economic backbone, will only get Sh69.64 billion if Bill is passed.
18 May 2024
- Agriculture CS Mithika Linturi says the partnership seeks to tap into the country's 70 million urbanised tea consumers market.
18 May 2024
- The Authority said that local internet traffic was using the East Africa Marine System cable that was not affected, but low speeds would continue.
18 May 2024
- Proposals in the Finance Bill will negatively impact eMobility adoption and call into question the govt's commitment to environmental protection.
18 May 2024
- Caren Atieno explained that she was among traders not conversant with the Finance Bill 2024 and called on stakeholders to hold sensitisation meetings.
18 May 2024
- Devki Group took over the Ngaaie piece of land that was initially owned by Athi River Mining Company (ARM) which it acquired in 2020 at Sh5 billion in 2020.
17 May 2024
- Kenya and Uganda will jointly "explore" extension of the oil pipeline from Eldoret to Kampala, President William Ruto has announced.
17 May 2024
- A buyer of an affordable housing unit who intends to sell it to any other person shall seek consent of the Board in a move to deter individuals from using proxies to buy several units.
17 May 2024
- The Court of Appeal has thrown out a Sh4 billion landmark case pitting mobile service provider Airtel against a distributor, Nyutu Agrovet.
17 May 2024
- Exchange-traded funds offer a budget-friendly option to access a diverse range of securities. Investors have the flexibility to construct a portfolio that includes a variety of ETFs or focuses solely on them.
17 May 2024
- Taxes will consume at least 55 per cent of the total value of the vehicle
17 May 2024
- Finch Hattons is a family-owned luxury tented safari camp, owned by Gehlot family.
17 May 2024
- Insurers in the country are urging legislators to discard the proposed motor circulation tax in the Finance Bill, 2024.
17 May 2024
- It has invested about Sh262 million that has helped nearly double the amount of plastic collected and recycled in Kenya over the past ten years
17 May 2024
- The collective investment scheme comprises 10 sub-funds
17 May 2024
- Khalif Kairo, a fast-rising Kenyan businessman still in the trenches of fame, has advised all men in relationships after his rumoured breakup with his now ex-girlfriend, Cera Imani. It is reported that the prominent car seller saw dust recently this…
17 May 2024
- Nigeria has refuted reports of human rights violations committed by its armed personnel. This denial is due to the United States' unwillingness to sell arms to the country. Subsequently, Nigeria's Minister of Foreign Affairs emphasized that the US needs…
17 May 2024
- I estimate that within 10 years, Kenya will be beyond halfway mark in conversion from petroleum to electric mobility.
17 May 2024
- The major challenges bogging down this critical sector include expensive electricity, unfriendly policies and lack of targeted incentives.
17 May 2024
- Reports indicate Banga has begun to positively transform the global development financing landscape.
17 May 2024
- Kenya and Germany conclude negotiations of the draft Comprehensive Migration and Mobility Partnership Agreement.
17 May 2024
- Experts says a domestic cover would have helped to recover from flood effects
17 May 2024
- NAIROBI, Kenya, May 17 – Experts have said that technology and technical skills are vital in combating the pressing issue of climate change by mitigating greenhouse gas emissions and building a more sustainable future. Head of UNESCO-UNEVOC’s…
17 May 2024
- MAY 17 – Chinese authorities have unveiled their most significant steps yet to address the crisis that has been dragging on the country’s property sector in recent years. The new measures include cutting the amount home buyers need for a deposit and…
17 May 2024
- NAIROBI, Kenya, May 17 – Tax advisory firm Ernst & Young (EY) has raised concerns about the potential negative impacts of the proposed amendments to the VAT Act, 2013, particularly regarding the insurance sector. The proposal aims to limit VAT…