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- DEC 1 – Jubilee Health Insurance (JHI) has been named the Winner of the Brand Communication Campaign of the Year Award at the prestigious MSK Awards, recognizing the company’s innovative and impactful Always With You campaign. The Marketing Society of Kenya (MSK) Awards celebrate excellence in…
- ADDIS ABABA, Nov. 30 (Xinhua) — Ethiopia’s national flag carrier, Ethiopian Airlines, announced on Saturday the resumption of passenger flights to Monrovia, the capital of Liberia, effective Nov. 30. The inaugural flight was celebrated in the presence of several high-ranking officials from both…
- NAIROBI, Kenya, Nov 30 – Dealroom.co, GrowthAfrica, and Systemic Innovation have launched the Kenya Startup Ecosystem Platform, an open-access digital hub aimed at enhancing visibility and data-sharing within Kenya’s startup ecosystem. The platform offers real-time insights into startups, funding…
- NAIROBI, Kenya, Nov 29 – The uptake of microinsurance in Kenya has surged by 72% over recent years, driven by demand for affordable and accessible coverage, according to a new report by the Association of Kenya Insurers (AKI). Popular products include health, last expense, personal accident, and…
- DHAKA, Nov. 30 (Xinhua) — Internet services across Bangladesh will be disrupted temporarily for three hours on the night of Dec. 2 due to maintenance of the country’s first submarine cable. SEA-ME-WE 4, the country’s first submarine cable system, is located in Cox’s Bazar district, some 400 km…
- NAIROBI, Kenya, Nov 30 – Tech firm Zoho has entered into a strategic partnership with the Kenya Network Information Centre (KeNIC), the registry managing Kenya’s .ke domains, to offer enhanced value to local businesses. Under the agreement, Zoho will provide wallet credits worth KSh 50,000 to…
- NAIROBI, Kenya, Nov 30 – Safaricom has unveiled its enhanced 5G for Business service, targeting small and medium-sized enterprises (SMEs) with faster, more reliable connectivity at affordable rates. The upgraded service delivers speeds up to five times faster than before, enabling businesses to…
- NOV 30 – Schneider Electric has unveiled the Africa Explorer Programme, a cross-continent initiative aimed at developing early-career African professionals through international exposure, skills training, and leadership opportunities. The programme, part of Schneider Electric’s Africa Talent…
- SAN FRANCISCO, Nov. 29 (Xinhua) — The Thanksgiving Day on Thursday generated 33.6 billion U.S. dollars in sales online globally, an increase of 6 percent from a year ago, Salesforce said Friday, adding the U.S. market alone went up 8 percent to 8.1 billion dollars, and Europe was also a standout…
- KISUMU, Kenya, Nov 30 – Carrefour Supermarket will close its store at Mega Plaza along Oginga Odinga Street by November 30, 2024, rendering hundreds of employees jobless and impacting local suppliers. In a notice dated November 27, Majid Al Futtaim Retail, Carrefour’s operator, attributed the…
- NOV 29 – Forex trading offers the potential for significant profits, but in order to maximize those profits, traders need sound strategies. Here are some of the top forex trading strategies that can help traders make the most of their trading. Use Support and Resistance Levels When engaging in…
- BANDAR SERI BEGAWAN, Nov. 29 (Xinhua) — Thirty-eight families affected by recent fires, house collapses, and strong wind incidents have received financial assistance from the Sultan Haji Hassanal Bolkiah Foundation of Brunei, local media reported on Friday. According to the local daily Borneo…
- ELDORET, Kenya, Nov 29 – Eldohub is set to launch the first-ever Eldoret City Investors Forum, positioning Eldoret as a premier destination for investment and innovation. The event, organized in partnership with the UK Kenya Tech Hub and the British High Commission, will bring together investors,…
- NAIROBI, Kenya Nov 29- Kenya is set to host the inaugural Tech Run event that aims to unlock tech innovations across the country. The event organized by Eldohub, an education, innovation and tech organization in partnership with UK Kenya Tech Hub and the British High Commission, will be held on 1st…
- NAIROBI, Kenya, Nov 29 – The International Livestock Research Institute (ILRI) has marked five decades of research and collaborative partnerships with focus on bolstering its stance on sustainability. ILRI says its operations continues to have far reaching effects on transforming livestock systems…
- NOV 29 – SunCulture in partnership with Turaco Microinsurance Company has launched ‘SunCulture Protect’ to build smallholder farmers’ resilience against climate change with affordable insurance In a press statement dated November 29, 2024, SunCulture, a leader in solar-powered irrigation solutions…
- NAIROBI, Kenya, Nov 29 – The Nyeri Environment & Lands Court has issued conservatory orders regarding Petition E 001 of 2024 that aims to shield the Aberdare ecosystem from developments that could harm its environment and local communities. The orders, issued by a three-judge bench earlier this…
- TOKYO, Nov. 29 (Xinhua) — Unemployment rate in Japan ticked up 0.1 percentage point from the previous month to 2.5 percent in October, the first increase in three months, government data showed Friday. According to the Ministry of Internal Affairs and Communications, the total number of people with…
- NAIROBI,Kenya,Nov 28– Safaricom Sacco has rebranded to Qona Sacco in what it says marks a pivotal moment in its 23-year history. The sacco says the rebrand showcased a refreshed identity that reflects the Sacco’s growth, innovation, and continued commitment to its members. Founded in 2001 as a…
- NAIROBI, Kenya, Nov 28 – Kenya Electricity Generating Company (KenGen) has reported significant progress on its Sh 250 million geothermal development contract with Eswatini Electricity Company (EEC). The project, which focuses on assessing the geothermal potential in three regions of Eswatini,…
- VIENNA, Nov. 28 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, has posted its ministerial meeting, originally scheduled for Sunday, to Dec. 5. The Vienna-based OPEC said in a statement on Thursday that the ministerial meeting has been…
- WINDHOEK, Nov. 28 (Xinhua) — The Communications Regulatory Authority of Namibia (CRAN) has issued a cease-and-desist order to SpaceX’s Starlink satellite internet service, directing the company to immediately halt its operations within Namibian borders. The decision stems from an investigation that…
- NAIROBI, Kenya, Nov 28 – The Competition Authority of Kenya (CAK) has unconditionally approved the acquisition of Trapin Holdings Limited by Botswana-based Pamstad Proprietary Limited. The merger, according to CAK, will not harm competition in Kenya’s trade marketing, branding, or fast-moving…
- NAIROBI, Kenya Nov 28 – Kenya Breweries Limited’s (KBL) Senator Keg brand has kicked off a nationwide celebration marking 20 years since its launch, under the theme “Tuzidi Kuinuana” (Let’s Keep Uplifting Each Other). The campaign highlights Senator Keg’s contributions to economic growth, community…
- OTTAWA, Nov. 28 (Xinhua) — A 25 percent tariff would be damaging to both Canadian and American workers alike and would lead to job losses on both sides of the border, Canadian Prime Minister Justin Trudeau warned on Wednesday, in response to U.S. President-elect Donald Trump’s tariff threat.…
- NAIROBI, Kenya, Nov 28 – I&M Bank has announced a reduction in its lending interest rates by a total of 0.75%, aimed at increasing access to credit for individuals and businesses across Kenya. The move comes in response to the Central Bank of Kenya’s (CBK) recent cut in the Central Bank Rate (…
- NAIROBI, Kenya, Nov 28 – Craft Silicon, a financial and technology solutions provider, has been featured in the Forbes India Select 200 – DGEMS 2024, an exclusive list that recognizes entrepreneurs and companies with high global growth potential. The selection highlights Craft Silicon’s commitment…
- NAIROBI, Kenya Nov 28 – The World Macadamia Organisation (WMO) has confirmed ongoing plans to support the macadamia industry through growing demand for the superfood in the global market. Speaking at the start of a weeklong source market familiarisation visit to Kenya, WMO Chief Executive Officer…
- NAIROBI, Kenya Nov 28 – Cabinet Secretary Aden Duale inaugurated the two-day African Development Bank (AfDB) Climate Action Window (CAW) Adaptation Workshop in Nairobi, reinforcing Kenya’s leadership in Africa’s climate action efforts. Kenya has committed to cutting greenhouse gas emissions by 32%…
- NAIROBI, Kenya, Nov 28 – Public health experts across Africa are urging the adoption of science-led approaches in tobacco regulation and policy development to better support harm reduction efforts and improve public health outcomes. The experts who met in Nairobi for the fourth edition of the Harm…
- NAIROBI, Kenya, Nov 28 – Special Economic Zones (SEZs) created over 7,000 direct jobs and contributed Sh91 billion to the country’s Gross Domestic Product (GDP), according to Principal Secretary for the State Department of Industry Juma Mukhwana. Mukhwana, who spoke during the opening of the 9th…
- NAIROBI, Kenya, Nov 28 – The Director of Resource Mobilization for the International Development Association (IDA), Dirk Reinermann, has urged donor countries to fulfill their financial pledges, stressing the importance of sustained contributions to ensure continued development across the world’s…
- HOUSTON, Nov. 27 (Xinhua) — U.S. crude oil refinery inputs averaged 16.3 million barrels per day (b/d) during the week ending Nov. 22, 67,000 b/d more than the previous week’s average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday. Refineries…
- TOKYO, Nov. 28 (Xinhua) — Toyota Motor Corp. said Thursday its global production for October fell 0.8 percent from a year earlier to 893,164 units, down for a ninth consecutive month after an 8-percent fall in September. Toyota’s overseas production tumbled 4.9 percent to 587,105 units, the…
- NAIROBI, Kenya, Nov 28- The Kenya Medical Research Institute (KEMRI) has signed a Sh15 billion MoU with Wellcome Trust, a UK charitable organization, and the University of Oxford, to support the country’s research capacity over the next 7 years. The signing, which was made on Wednesday, was led by…
- NAIROBI, Kenya, Nov 28- The Kenya Medical Research Institute (KEMRI) has signed a Sh15 billion MoU with Wellcome Trust, a UK charitable organization, and the University of Oxford, to support the country’s research capacity over the next 7 years. The signing, which was made on Wednesday, was led by…
- NAIROBI, Kenya, Nov 28 – The Ministry of Labour and Social Protection has announced a salary delay for all employees in ministries, departments, and agencies for November due to system upgrade. In a memo directed to all department heads, the director of HRM&D, P.M. Mukiri noted that the delay…
- NAIROBI, Kenya Nov 28 – Family Bank Group’s Profit Before Tax for the nine months of 2024 grew by 8 per cent to Sh3.26 billion, up from Sh3.02 billion in the same period last year. This growth was driven by a significant increase in income across various revenue streams. Total interest income…
- NOV 27 – Payless, the fintech disruptor revolutionizing Kenya’s financial services landscape, has unveiled its highly anticipated Bank-to-Payless feature. This innovative functionality allows customers to transfer up to Ksh. 250,000 per transaction and up to Ksh. 500,000 daily directly from their…
- NEW YORK, Nov. 27 (Xinhua) — Food Bank for New York City, the largest hunger relief organization in the megacity, on Monday urged Congress to significantly raise funding allocation as it saw a big increase in demand for its service in the last few years. The organization is now asking Congress to…
- NAIROBI, Kenya, Nov 27 — The Black Founders Fund (BFF) Alumni Summit unveiled the latest BFF Impact Report, highlighting the transformative role of Black-led startups in Africa’s digital economy. The report revealed that BFF-supported companies have collectively raised $379 million (Sh1.4 trillion…
- NAIROBI, Kenya, Nov 27 – The World Organisation for Animal Health (WOAH) has hosted its veterinary forum in Nairobi aimed at addressing the continent’s veterinary workforce challenges. The forum which brought together over 175 participants from 36 African countries in Nairobi focused on…
- NAIROBI, Kenya, Nov 27— Old Mutual General Insurance Kenya (OMGIK) has unveiled its new Monthly Premiums Plan, offering Kenyans a more flexible and affordable way to manage their insurance needs. The insurer says the product designed to ease the financial burden of large upfront payments enables…
- NAIROBI, Kenya Nov 27 – Airtel Money Kenya has signed a partnership with Naivas Supermarket that will allow Airtel Money customers to deposit and withdraw cash across Naivas branches countrywide. The deal is part of Airtel Money’s proactive strategy to expand its agent footprint and get closer to…
- NEW YORK, Nov. 26 (Xinhua) — The Joe Biden administration is proposing a rule that would require the U.S. government to cover weight-loss drugs, potentially expanding access for millions of Americans with obesity and creating a huge new medical bill for President-elect Donald Trump, reported…
- HARARE, Nov. 26 (Xinhua) — Zimbabwe’s monthly inflation rate dived to 11.7 percent in November from 37.2 percent in October, according to data released by the Zimbabwe National Statistics Agency (ZIMSTAT) on Tuesday. The month-on-month inflation rate was 11.7 percent in November 2024, a decline of…
- KISUMU, Kenya, Nov. 26 (Xinhua) — A two-day regional conference opened in Kenya’s lakeside city of Kisumu Tuesday amid calls for African institutions to deepen understanding of the continent’s economy and the unique challenges it faces. The Fourth Investment Conference of the African Sub-Sovereign…
- NAIROBI, Nov. 26 (Xinhua) — Kenya and the International Vaccine Institute (IVI) signed a memorandum of understanding (MoU) on Tuesday to strengthen vaccine research and production capabilities. Deborah Barasa, cabinet secretary in the Ministry of Health, said the signing marks a significant…
- NAIROBI, Kenya Nov 26–The Capital Markets Authority(CMA) has granted approval to several firms across various license categories in efforts to deepen and promote development of the capital markets. The Authority Chief Executive Officer (CEO), Wyckliffe Shamiah, noted that the licenses align with…
- JAKARTA, Nov. 26 (Xinhua) — The Indonesian government has officially rejected Apple’s 100 million U.S. dollars investment proposal for the 2024-2026 period. “The Ministry of Industry considers that the proposal submitted by Apple does not meet the aspects of fairness,” said Indonesian Industry…
