- APRIL 15 – Meta boss Mark Zuckerberg has taken the witness stand in a landmark antitrust trial to defend his company against allegations that his company operates a social media monopoly. His testimony is part of a case first brought by the Federal Trade Commission (FTC) in 2020 during the final…
- NAIROBI, Kenya, April 15 – Kenya will participate in Expo 2025 Osaka, Kansai, Japan under the theme “Kenya Rising: From the Bottom Up”, aiming to showcase its progress in renewable energy, tourism, trade, technology, and cultural heritage. The Kenya Pavilion will highlight the country’s economic…
- By Antony Gicira, APRIL 15 – This year’s International Women’s Day served to highlight the fact that women in today’s hyper-connected world still face financial exclusion. Appallingly, estimates indicate that 2.3 billion working-age women do not have an account at a formal financial institution. It…
- APRIL 15 – The Trump administration has said it is freezing more than $2bn (£1.5bn) in federal funds for Harvard University, hours after the elite college rejected a list of demands from the White House. “Harvard’s statement today reinforces the troubling entitlement mindset that is endemic in our…
- NAIROBI, Kenya, April 15 – The Central Depository and Settlement Corporation (CDSC) has announced its decision to unsubscribe from the Rhino chatbot service, with the termination set to take effect on April 18, 2025. In a communication sent to users, Team Rhino confirmed that CDSC’s chatbot…
- VIENNA, April 14 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2025 to 1.3 million barrels per day (bpd), citing the expected impact of recently announced U.S. tariffs. The adjustment was outlined in OPEC’s…
- NAIROBI, Kenya, April 14 – Prices of super petrol, diesel, and kerosene have been reduced by about Sh2 per liter for the next month in the latest Energy & Petroleum Regulatory Authority (EPRA) review. According to the latest EPRA figures, a liter of petrol will, starting at midnight, fall by…
- APRIL 14 – Donald Trump says Chinese-made smartphones and other electronics will not be exempt from tariffs – adding they are simply moving into a different levy “bucket”. European stock markets bounced up on Monday morning after Friday’s official announcement that some of these products would…
- NAIROBI, Kenya – April 11, 2025 – The Court of Appeal has dismissed an application by the Speaker of the National Assembly and the National Assembly seeking to suspend the High Court’s decision that nullified the Privatisation Act, 2023. In a ruling delivered by Justices F.A. Ochieng, W. Korir,…
- NAIROBI, Kenya, Apr 14 – The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has confirmed that Heineken Holding engaged in anti-competitive practices across its distribution networks within member states. Following an investigation launched in 2021, the regional…
- APRIL 14 – A trial in the landmark antitrust case against social media giant Meta kicks off in Washington on Monday. The US competition and consumer watchdog alleges that Meta, which already owned Facebook, bought Instagram in 2012 and WhatsApp in 2014 to eliminate competition, effectively giving…
- NAIROBI, Kenya, April 14- The Central Bank of Kenya (CBK) has approved the acquisition of National Bank of Kenya Limited (NBK) by Access Bank PLC (Access) after the deal met regulatory requirements. The approval comes a few months after the National Treasury and Economic Planning Cabinet Secretary…
- APRIL 14 – The Caribbean nation of Guyana is breathing a sigh of relief after US President Donald Trump announced a 90-day pause on the introduction of higher tariffs on a number of countries. Guyana, which is nestled between Venezuela and Suriname on the South American mainland, had been singled…
- SINGAPORE, April 14 (Xinhua) — Singapore’s economy expanded by 3.8 percent year-on-year in the first quarter of 2025, according to advance estimates released by the Ministry of Trade and Industry on Monday. The pace of growth was slower than the 5.0 percent expansion recorded in the previous…
- NAIROBI, Kenya, April 12 — Kenya is in talks with the International Monetary Fund (IMF) for a new loan arrangement, with discussions expected to advance further during the upcoming IMF-World Bank Spring Meetings in Washington, D.C. National Treasury officials have confirmed the engagement,…
- APRIL 13 – More than three million children around the world are thought to have died in 2022 as a result of infections that are resistant to antibiotics, according to a study by two leading experts in child health. Children in Africa and South East Asia were found to be most at risk. Antimicrobial…
- NAIROBI, Kenya, Apr 13 – The government has welcomed Heifer International’s $95.7 million Practice for Change (P4C) Signature Program, a five-year initiative targeting 625,000 smallholder farmers across Kenya. Launched in Nairobi, the program seeks to transform rural livelihoods through climate-…
- NAIROBI, Kenya, April 13 – Del Monte Kenya Limited has planted over 8,200 trees in its latest environmental conservation effort, contributing to parent company Fresh Del Monte’s global target of planting 2.5 million trees by 2025. The tree-planting event, held on the company’s farms and in…
- APRIL 13 – US President Donald Trump’s administration has exempted smartphones, computers and some other electronic devices from “reciprocal” tariffs, including the 125% levies imposed on Chinese imports. In a notice, US Customs and Border Patrol said that the goods would be excluded from Trump’s…
- NAIROBI, Kenya, April 13 – Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has issued a stern warning to miraa traders and exporters who fail to adhere to the ministry’s minimum price directive. Speaking during a Farmers’ Day event in Meru, Kagwe said all non-compliant traders…
- NAIROBI, Kenya, April 12 – The newly formed Africa AI Council is positioning the continent to tap into the transformative potential of artificial intelligence (AI), with projections estimating a $2.9 trillion contribution to Africa’s economy by 2030. During the launch of the Africa AI Declaration,…
- DAR ES SALAAM, Tanzania, April 12 – Tanzania Commercial Bank (TCB) has joined Ramani’s Financial Marketplace, becoming the second banking partner on the platform after Stanbic Bank. The move is expected to boost access to credit for small and medium-sized businesses (SMBs), particularly in the fast…
- NAIROBI, April 12 (Xinhua) — Kenya is developing a master plan to climate-proof its livestock sector, aiming to tackle hunger and malnutrition while broadening revenue streams for pastoralists in semi-arid regions, a senior official said on Friday. Mutahi Kagwe, cabinet secretary in the Ministry of…
- By Stephen Mutoro APRIL 12 – The recent lead story in The Standard titled “Man of Steel: Devki Boss’ Iron Hold on Ruto’s Government” left readers with more questions than answers. Rather than scrutinizing government malfeasance, it instead appears to cast aspersions on investor Narendra Raval,…
- NAIROBI, Kenya, April 12 – Interior Cabinet Secretary Kipchumba Murkomen has expressed deep concern over the mental health crisis and welfare challenges facing police officers in Kenya, citing disturbing trends of suicide and violence within the National Police Service. Speaking during a town hall…
- MEXICO CITY, April 12 (Xinhua) — Mexico will “immediately deliver” millions of cubic meters of water to the U.S. state of Texas, Mexican President Claudia Sheinbaum announced on Friday in response to U.S. President Donald Trump’s complaint a day earlier. “A significant amount of water will be…
- NAIROBI, April 12 (Xinhua) — The Kenyan shilling declined 0.35 percent this week to close at 129.71, as uncertainty is growing over the impact of U.S. tariff hikes, the Central Bank of Kenya reported on Friday. The currency started the week at 129.26 and declined gradually during the five days,…
- NAIROBI, Kenya, April 11 – The Capital Markets Tribunal has directed Amana Capital Limited to pay a total of Sh21.4 million to Susan Mukuhi Kagiri, a disgruntled investor whose funds were frozen following the collapse of Nakumatt Holdings. In a unanimous judgment, the Tribunal dismissed Amana’s…
- APRIL 11 – The UK economy grew by more than expected in February, according to the latest official figures. The economy expanded by 0.5%, with the services sector having a strong month, the Office for National Statistics (ONS) said. Economists had predicted growth of just 0.1%, but the ONS said…
- By Njeri Jomo, There’s a conversation echoing quietly through the boardrooms, coffee lounges, and Zoom calls of Kenya’s corporate sector. It’s not about market share or quarterly results. It’s about exhaustion. Silent, creeping, and often dismissed as a personal weakness burnout has become Kenya’s…
- NAIROBI, Kenya, April 11 – Prestige Plaza has finalized a Ksh400 million facelift aimed at modernizing the iconic shopping complex and enhancing the retail and leisure experience for visitors. The revamp, led by retail trade real estate investments firm Primrose Management Limited, included…
- NAIROBI, Kenya, Apr 11 – Former Ministry of Health Chief Administrative Secretary (CAS) Dr. Mercy Mwangangi has been appointed Chief Executive Officer (CEO) of the Social Health Authority (SHA). Health Cabinet Secretary Aden Duale announced the appointment in a statement on Friday, saying Mwangangi…
- JERUSALEM, April 11 (Xinhua) — Direct flights between Beijing and Tel Aviv resumed on Thursday, as a Hainan Airlines aircraft successfully landed at Ben-Gurion International Airport near Tel Aviv early in the morning, marking the end of an 18-month hiatus. According to Yu Chaojie, president of…
- NAIROBI, Kenya, April 11 – Nipsea Paint Kenya Limited, a subsidiary of Japanese paint maker Nippon Paint, plans to expand local production with an extended facility in Mombasa County. The proposed project is contained in an Environmental and Social Impact Assessment Study Report submitted to the…
- NAIROBI, Kenya, April 11 – After giving birth about a decade ago, Adelaide Njeri, like many other women in maternity, thought of what she could do to keep her occupied without taking attention away from her baby. Coincidentally, at the time, her late mother-in-law was unwell and couldn’t consume…
- APRIL 11 – OpenAI is suing Elon Musk over claims he has tried “nonstop” to slow down its business for his own benefit. The company accuses the Tesla boss of using “bad-faith tactics” against OpenAI to help him control cutting-edge AI technology. Mr Musk sued OpenAI chief executive Sam Altman last…
- NAIROBI, Kenya, Apr 11 – Resolute Business Advisory Ltd has formally written to the Kenya Revenue Authority (KRA) seeking clarification on whether the annual laboratory license fees charged by the Kenya Medical Laboratory Technicians and Technologists Board (KMLTTB) should be subjected to Value…
- NAIROBI, Kenya, Apr 11 – The Metro Group Foundation (Tong Foundation) has petitioned the Kenya Medical Laboratory Technicians and Technologists Board (KMLTTB), requesting the removal of Value Added Tax (VAT) on services related to medical training, professional testing, and licensing. The…
- APRIL 11 – Zimbabwe’s government has announced an initial pay-out of US$3m (£2.3m) to white farmers whose farms were seized under a controversial government programme more than two decades ago. It is the first payment to be made under the 2020 compensation agreement signed between the state and the…
- TOKYO, April 10 (Xinhua) — Toyota Mobility Tokyo, a car sales subsidiary of Toyota Motor Corporation, was warned by Japan’s Fair Trade Commission (JFTC) on Thursday for suspected violations of the Antimonopoly Act through tied sales practices involving popular new car models. The company, which…
- NAIROBI, Kenya, April 10 – Jubilee Health Insurance Limited (JHIL), a subsidiary of Jubilee Holdings, saw its net profit double to Sh910 million for the year ended December 31, 2024, driven by innovation, operational efficiency, and a commitment to accessible, affordable healthcare. The insurer’s…
- NAIROBI, Kenya, April 10 – APA Life Assurance is calling for stronger alignment between insurers and banks to deliver customer-centric financial solutions, according to CEO Eric Wanting. Speaking at a recent industry event, Wanting emphasized the importance of synergy across the financial sector. “…
- APRIL 10 – A Russian-American citizen has been released in a prisoner swap between Moscow and Washington. Amateur ballerina Ksenia Karelina, a Los Angeles resident, had been in prison in Russia for over a year, after being arrested in the city of Yekaterinburg in early 2024. She was found guilty of…
- NAIROBI, Kenya, April 10 – The Kenya Revenue Authority (KRA) has introduced a new platform to improve tax compliance among landlords and property owners. Adoption of the Electronic Rental Income Tax System (eRITS) will, however, be voluntary. “eRITS is designed to enable seamless integration with…
- SYDNEY, April 10 (Xinhua) — Smoking rates are higher among disadvantaged households, placing added strain on their household finances, a new study by the University of Queensland (UQ) said on Thursday. The study, published in Tobacco Control journal, finds that disadvantaged households are…
- NAIROBI, Kenya, April 10 – Global power tools manufacturer DeWalt has officially launched operations in Kenya, targeting the country’s growing construction sector with a focus on safety and battery-powered solutions. The company, a subsidiary of Stanley Black & Decker, aims to tap into demand…
- Nairobi, Kenya, April 10 – Gardaworld Security has announced plans to scale up operations in Kenya following its acquisition of KK Security, a firm that has been struggling with financial and operational challenges. The deal, cleared by the Competition Authority of Kenya, strengthens Gardaworld’s…
- APRIL 10 – President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs but a trade war with China has escalated. In a dramatic change of policy, just hours after levies against roughly 60 of America’s trading partners kicked in, Trump said he was authorising a…
- NAIROBI, Kenya, April 10 – Kenya has been selected to host an Open Source Programme Office (OSPO) under a new pilot project launched by the International Telecommunication Union (ITU), the United Nations Development Programme (UNDP), and the European Union. The announcement was made during the…
- NAIROBI, April 10 (Xinhua) — Sweeping institutional reforms by the African Union are unlocking trade opportunities across the continent, signaling a new era of economic integration, Kenyan President William Ruto said on Wednesday. Ruto told a forum in Nairobi, the capital of Kenya, that the…
