17 April 2024
- In recent years, Africa has seen a rise in its number of billionaires, but at the same time, many millionaires have left the continent. Over the past decade, almost 20,000 ultra-rich individuals have moved away or seen dramatic currency depreciations…
17 April 2024
- MOGADISHU, April 17 (Xinhua) — The European Union (EU) said it has approved 116.9 million U.S. dollars for stabilization efforts in Somalia. The funds, approved by the Political and Security Committee of the Council of the EU on Tuesday, will support…
17 April 2024
- WhatsApp remains the primary channel brands use for conversational support, where businesses send 90% of support messages over the chat app. New research from global cloud communications platform Infobip shows that whether a person is dealing with a…
17 April 2024
- Kosala Hewamaddumathe, Upfield’s Chief Marketing Officer for Africa, the Middle East and Asia, has challenged businesses to seek to create sustainable value in their activities.
17 April 2024
- NAIROBI, Kenya, April 17 – The government is at risk of missing its 2024 growth targets due to gaps in the Sh4.1 trillion budget for the financial year starting in July. According to the Institute of Public Finance (IPF), a lack of allocation for…
17 April 2024
- NAIROBI, Kenya, April 17 – Huawei has partnered with the Kenya Editors Guild to offer training to journalists on the use of various digital platforms. The Chinese-based technology firm highlighted the need for journalists to be well trained on ways to…
17 April 2024
- WASHINGTON, April 16 (Xinhua) — The International Monetary Fund (IMF) on Tuesday said there are likely to be “bumps” as the fight against inflation is entering its “last mile,” calling for a multi-pronged approach to preserve financial stability.…
17 April 2024
- NAIROBI, Kenya, April 17 – Civil society organizations (CSOs) working in Kisumu County are developing tools to track the implementation of the Financing Locally Led Climate Action Program (FLLOCA). Mike Joseph, coordinator of Sustainable Environmental…
17 April 2024
- NAIROBI, April 16 (Xinhua) — Chinese technology firm Huawei launched a program on Tuesday aimed at teaching digital skills to Kenyan students. Khadija Mohammed Ahmed, the media director at Huawei Kenya’s Public Affairs and Communication Department,…
17 April 2024
- Russia is in the process of strengthening its relationship with Africa by actively investing in the continent’s healthcare sector. This intention was made known by the president of Russia, Vladimir Putin on Wednesday. He noted that for its part,…
17 April 2024
- NAIROBI, Kenya, April 17 – Jubilee Health Insurance net profit grew by 29 percent to Sh438 million in the full year ending December last year. It links strong returns from investments with a 15 percent increase in insurance service revenue. All…
17 April 2024
- NAIROBI, Kenya, April 17 – NAIROBI, Kenya, April 17 – The Communication Authority of Kenya (CA) has announced an expanded KUZA Awards, including additional ICT sector categories. The 2024 Award, themed ‘Innovation for a Sustainable Digital Future’,…
17 April 2024
- NAIROBI, Kenya, April 17 – The number of super-rich in Nairobi grew by 25 percent to 4,400 last year compared to more than 10 years ago, indicating a growing preference for high-net-worth individuals (HNWIs) to set their bases in the capital city.…
17 April 2024
- VILNIUS, April 17 (Xinhua) — The Lithuanian government and German arms manufacturer Rheinmetall signed a letter of intent on Tuesday to construct an ammunition factory in the Baltic country, according to Lithuania’s Ministry of National Defense. The…
17 April 2024
- DUBAI, April 17 (Xinhua) — The United Arab Emirates (UAE) observed unprecedented rainfall on Tuesday, marking the highest recorded rainfall in the last 75 years since climate records started in 1949. The country’s National Center of Meteorology…
17 April 2024
- Nigerian chess master, and founder of Chess in Slums Africa, Tunde Onakoya, will begin the journey to break the Guinness World Record for the longest chess marathon today.
17 April 2024
- CBK shift in strategy from era of padlocks to that of arranging marriages of convenience between struggling and strong banks is now bearing fruit.
17 April 2024
- NAIROBI, Kenya, April 17 – Smallholder tea farmers are set for enhanced medical coverage after Majani Insurance Brokers (MIB) expanded the cover to include outpatient services. It is an upgrade of the Kinga Ya Mkulima cover, which already has an…
17 April 2024
- A fight over a vital federal tax credit intended to kickstart a market for clean hydrogen and worries over high production costs are cooling near-term expectations for the climate-friendly fuel. Clean hydrogen has been heralded as a carbon-free fuel…
17 April 2024
- NAIROBI, Kenya, April 17 – Electric bus maker BasiGo yesterday opened an e-bus production line at the Kenya Vehicle Manufacturers (KVM) plant in Thika, making it the country’s first dedicated assembly line for electric mass transport systems. After…
17 April 2024
- OTTAWA, April 16 (Xinhua) — With a scheduled national election 18 months away, Canada’s Liberal government tabled its annual federal budget on Tuesday that features 348 billion U.S. dollars in spending this year with homebuilding incentives and higher…
17 April 2024
- Global headline inflation is expected to ease from 5.9 percent this year to 4.5 percent in 2025, supported by elevated interest rates in many countries around the world.
17 April 2024
- The internet and its accessibility are important in this present age. Whether it's for school, staying connected with friends, or watching movies, the internet has become something we can't do without around the world, including in Africa.
17 April 2024
- CANBERRA, April 17 (Xinhua) — Australia and Singapore have announced a new joint initiative to reduce maritime emissions. Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), on Wednesday…
17 April 2024
- NAIROBI, April 16 (Xinhua) — Kenya has registered about 20 million citizens as it seeks to improve promotive healthcare at the grassroots level through the use of digital technology. Mary Muriuki, principal secretary in the Ministry of Health, said on…
17 April 2024
- Inflationary pressures, particularly in Africa are frequently exacerbated by high consumer prices, which reduce the value of savings and fixed incomes. High consumer prices disproportionately affect low-income earners and retirees who rely on fixed…
17 April 2024
- Family Bank has been awarded for excellence in customer responsiveness at the Innovation and Excellence Awards East Africa during the 11th edition of the Connected Banking Summit.
17 April 2024
- KRA plans to install a new transfer pricing database that will enable its agents to gather and compare transactions made by multinational firms
17 April 2024
- Between July 2020 and June 2023 workers in national and county governments, earned an average of Sh416 billion in allowances every year.