- OCT 11 – A day after the death of India’s most globally-recognised tycoon Ratan Tata, his half-brother Noel Tata has been named as the new chairperson of Tata Trusts, media reports say. Tata Trusts is the company’s philanthropic arm which holds a majority stake of 66% in Tata Sons – one of India’s…
- NAIROBI, Kenya, Oct 11 – The Kenya Revenue Authority (KRA) has opened a border center at the Malaba One-Stop Border Post (OSBP) to enhance trade efficiency and expand revenue collection. The new one-stop-shop platform will integrate all partner government agencies (PGAs) operating at the Malaba…
- By Gerald Maithya OCT 11 – It’s exciting to see how AI is opening up new possibilities for African entrepreneurs. Over the past few years, we’ve witnessed a surge in innovation, with startups leveraging cutting-edge tools and resources to turn their ideas into reality. This truly is a new era of…
- NAIROBI, Kenya, Oct 11 – Health professionals and stakeholders across East Africa pledged to enhance gender equality in health leadership during the inaugural WomenLift Health East Africa Regional Dialogues. The event, hosted in Nairobi, convened 300 participants, including policymakers, civil…
- NAIROBI, Kenya, Oct 11 – The government will begin levying taxes on all paybill numbers starting December 2024 to enhance tax compliance. This initiative, aimed at converting these paybill numbers into virtual Electronic Tax Registers (ETRs), is part of President William Ruto’s broader strategy to…
- OCT 11 – Tesla boss Elon Musk has unveiled the firm’s long-awaited robotaxi, the Cybercab, at the Warner Bros Studios in Burbank, California. The futuristic-looking vehicle featuring two wing-like doors and no pedals or steering wheel deposited Mr Musk in front of an audience eager to hear details…
- OCT 11 – The UK returned to growth in August but the “broader picture” is one of a “slowing” economy in recent months, the official statistics body has said. A bounce back in construction and strong month for accountancy, manufacturers and retail businesses helped boost the economy by 0.2%, after…
- NAIROBI, Kenya, Oct 11 – Nearly 58 percent of healthcare facilities have not yet transitioned to the newly introduced Social Health Insurance (SHA), reflecting ongoing challenges in adopting the new system. A survey by the Rural Urban and Private Hospitals Association (Rupha) revealed that only 42…
- NAIROBI, Kenya, Oct 11 – Online shopping platform Jiji has been awarded the title of Best E-commerce Platform of the Year at the 2024 Digitally Fit Awards. Its Director of Operations Yuliy Shenfeld expressed gratitude for the accolade, highlighting the essential role of innovation in the e-…
- NAIROBI, Kenya, Oct 11 – Strathmore University is among fourteen companies across sub-Saharan Africa picked to benefit from the fourth round of the Powering Renewable Energy Opportunities (PREO) programme catalytic grant fund of £2 million (Sh336.8 million). Other companies that are set to benefit…
- OCT 11 – The Portuguese government is to slash taxes for people aged 35 and under, in an attempt to dissuade young people from emigrating and encourage foreigners to settle in Portugal. As part of the budget presented to parliament on Thursday, the centre-right government of prime minister Luís…
- OCT 11 – Chinese police have detained four workers of the Taiwanese iPhone maker, Foxconn, in circumstances Taipei has described as “strange”. The employees were arrested in Zhengzhou in Henan province on “breach of trust” charges, Taiwan’s Mainland Affairs Council said in a statement. The BBC has…
- NAIROBI, Kenya, Oct 11 – The XA Network has expanded its wings to Africa by launching Xa Africa, which aims to support promising startups. According to Nitin Gajria, Co-Founder of XA Africa, the move will enable African tech founders to get connected with seasoned investors and industry experts,…
- NAIROBI, Kenya Oct 11 – Standard Chartered Bank, in partnership with iBizAfrica, a business incubator at Strathmore University, has awarded Sh8.75 million to seven women-led startups in the sustainability sector. The award ceremony, themed ‘Empowering Women for a Sustainable Future,’ was presided…
- GENEVA, Oct. 10 (Xinhua) — The volume of global merchandise trade is expected to increase by 2.7 percent in 2024, the World Trade Organization (WTO) said in an update of the Global Trade Outlook and Statistics released on Thursday. This prediction is slightly higher than the WTO’s earlier forecast…
- OCT 10 – The funeral has taken place in Mumbai of Ratan Tata, the chairman of one of India’s biggest conglomerates, Tata Group, who died on Wednesday aged 86. Business leaders, politicians and celebrities were among thousands of people who paid their last respects at the centre where his body lay…
- OCT 10 – Cabinet Secretary for Public Service and Human Capital Development, Justin Muturi, highlighted the importance of environmental conservation and restoration in addressing climate change during a tree planting event at Maseno School in Kisumu West Constituency, commemorating Mazingira Day. …
- By Dr. Anita Musyoki OCT 10 – World Mental Health Day is observed annually on October 10 as part of an international effort to raise awareness about mental health and promote support for mental well-being. This year, under the auspices of the World Health Organization (WHO), the theme is “Mental…
- JOHANNESBURG, Oct. 10 (Xinhua) — The South African Revenue Service (SARS), the country’s tax authority, has issued a stern warning on Wednesday to taxpayers who hold digital currencies, urging them to declare crypto assets on tax returns. According to the SARS, more than 5.8 million South Africans…
- NAIROBI, Oct. 10 (Xinhua) — Kenya announced Wednesday it will allocate 100 million shillings (around 775,000 U.S. dollars) to support security and other agencies in evacuating its citizens trapped in the conflict between Israel and Lebanon due to the volatile situation in the region. Prime Cabinet…
- By Douglas Kutwa OCT 10 – As we mark Mazingira Day on October 10th in Kenya, it’s an opportunity to reflect on the relationship between technology and our planet. In today’s digital age, electronic devices are central to our routines, yet their production and disposal come at a significant…
- NAIROBI, Kenya, Oct 9 – Wales-based SureChill has launched a solar-powered refrigerator, minimizing reliance on costly batteries. The innovative Energy Harvesting Controller technology is particularly beneficial in Africa, where grid connectivity remains a challenge. The system utilizes surplus…
- NAIROBI, Kenya, Oct 9 – The Ghana Export Promotion Authority is hosting mall activations in Kenya to boost trade and showcase Ghanaian culture. This comes at a time when the Ghana Trade House, which connects Ghanaian firms with the East African market, is celebrating its one year anniversary in the…
- NEW DELHI, Oct. 9 (Xinhua) — The striking workers of Samsung Electronics in the southern Indian state of Tamil Nadu Wednesday rejected the settlement offered by the management of the company. The settlement was offered by the senior management of Samsung India to end the ongoing strike at the…
- NAIROBI, Kenya, Oct 9 – The Governor of the Central Bank of Kenya (CBK), Kamau Thugge, has said that there are no plans to impose term limits for Kenyan bank CEOs. Thugge said during the post-Monetary Policy Committee (MPC) meeting today that the issue is yet to be considered. Currently, there is…
- NAIROBI, Kenya, Oct 9 – The Central Bank of Kenya (CBK) is increasing its US dollar purchases from local banks to stabilize the currency amid rising volatility. Governor Kamau Thugge noted that this move responds to higher foreign exchange inflows, particularly from remittances. As of October 5,…
- By Elsa Lunani Oct 9 – The entertainment and media industry is currently experiencing transformations, resulting in turbulence and uncertainty about the future among its players. Social media, sluggish consumer spending, changing customer habits, expectations for comprehensive user experiences, and…
- CAIRO, Oct. 9 (Xinhua) — Egypt’s annual urban consumer price inflation rose slightly in September, reaching 26.4 percent from 26.2 percent in August, according to data released Wednesday by the country’s statistics agency, CAPMAS. Despite the uptick, the rate remains significantly lower than the 40…
- NAIROBI, Kenya, Oct 8 – Broadcasting and Telecommunications Principal Secretary Edward Kisiang’ani today announced the government’s commitment to settling Sh1.6 billion in pending bills owed to the Postal Corporation of Kenya (PCK). He highlighted that this debt arises from services provided to…
- NAIROBI, Kenya, Oct 9 – Homa Bay County has completed the construction of 163 modern classrooms, a key component of its strategy to modernize education and boost local employment opportunities. The project, completed in just 90 days, is designed to have a lasting impact on both schools and…
- NAIROBI, Kenya, Oct 9 – Kenya is readying to play host for the 9th Securexpo aimed at enhancing safety in an array of sectors. The event slotted for October 15 through to 17 will bring over 3000 experts drawn from the security, fire, and safety industries showcasing the latest innovations and…
- NAIROBI, Kenya, Oct 9 – A total of 1,027 tourism facilities have been accredited by the Tourism Regulatory Authority (TRA) ahead of the national classification exercise in January 2025. TRA, which is tasked with regulating the sector, announced that the approved players offer accommodation and…
- OCT 9 – The US government says it is considering whether to ask a judge to break up search engine giant Google, in a move that could reshape how technology giants do business. The Department of Justice (DoJ) says the measures may include “structural requirements” to prevent Google from maintaining…
- NAIROBI, Kenya, Oct 9 – VisionSpring has unveiled a new line of its affordable eyeglasses aimed at addressing the needs of nearly 4 million Kenyans suffering from uncorrected blurry vision. The company says the initiative is focused on low-income communities, where access to affordable vision care…
- NAIROBI, Kenya, Oct 9 – VisionSpring has unveiled a new line of its affordable eyeglasses aimed at addressing the needs of nearly 4 million Kenyans suffering from uncorrected blurry vision. The company says the initiative is focused on low-income communities, where access to affordable vision care…
- NAIROBI, Kenya, Oct 9 – United Bank for Africa (UBA) has been named the winner of the 2024 Financial Inclusion champion. The lender says the event which took place during the Africa Fintech Forum in Nairobi underscores its commitment to enhancing banking accessibility across the continent. Its CEO…
- RIO DE JANEIRO, Oct. 9 (Xinhua) — Brazil’s Supreme Court on Tuesday authorized the social media platform X to resume operations in the country after being banned for over a month due to non-compliance with court rulings. Judge Alexandre de Moraes lifted the ban after X paid approximately 28.6…
- NAIROBI, Oct. 9 (Xinhua) — Kenya has abolished the minimum price for its tea sold at the region’s main auction market in the port city of Mombasa in a bid to make the product globally competitive and boost exports, the East African Tea Trade Association (EATTA) said on Tuesday. George Omuga,…
- JAKARTA, Oct. 8 (Xinhua) — Indonesian Minister of Industry Agus Gumiwang Kartasasmita said Tuesday that the Southeast Asian country had yet to allow Apple’s newly-released mobile phone product, iPhone 16, to enter the market as the U.S.-based company had not met the import requirement. “The iPhone…
- NAIROBI, Kenya, Oct 8 – Public Service and Human Capital Development Cabinet Secretary, Justine Muturi, has disclosed that 180,000 National Identity Cards remain uncollected at various Huduma Centres across the country. Speaking during the launch of the 2024 Customer Service Week, which runs from…
- NAIROBI, Kenya, OCT 8 – The Central Bank of Kenya (CBK) has reduced its base lending rate by 75 basis points to 12%, down from 12.75%. The decision follows a decline in inflation, which fell to 3.6% in September from 4.4% in August. The Monetary Policy Committee (MPC) emphasized that it will…
- OCT 8 – People waiting for an Uber should be patient enough to wait a few minutes longer for an electric car, the boss of the ride-hailing firm has said. “A couple of minutes isn’t going to kill anyone,” Dara Khosrowshahi told the BBC in an interview. Uber is rolling out new options to encourage […]
- NAIROBI, Kenya, Oct 8 – Royal Swinkels, the Dutch beverage company, has opened a local production of its malt-based carbonated soft drink, Bavaria Smalt, in Kenya. The Nairobi-based plant has an operational capacity to produce approximately 1,500 cases, translating to 36,000 bottles daily. Royal…
- NAIROBI, Kenya, OCT 8 – Kenyans are set to enjoy cheaper screening of some types of cancers after AAR Hospital slashed costs. The level 5 private hospital has halved the cost of a mammogram to Sh2,500 from Sh5,000. Breast ultrasound has also been cut to Sh3,500, down from Sh6,000 in the month of…
- NAIROBI, Kenya, Oct 8 – Nairobi has been selected to host the Africa Youth in Tourism Innovation Summit and Challenge (AYTIS) for the 3 consecutive years starting 2025 to 2027. The summit will be hosted by Tourism Events Advisory and Management Services Africa (TEAMS Africa), a partnership of…
- NAIROBI, Kenya, Oct 8 – Nairobi has been selected to host the Africa Youth in Tourism Innovation Summit and Challenge (AYTIS) for the 3 consecutive years starting 2025 to 2027. The summit will be hosted by Tourism Events Advisory and Management Services Africa (TEAMS Africa), a partnership of…
- MEXICO CITY, Oct. 8 (Xinhua) — Mexico’s light vehicle sector is on track to see record-high production and export levels in 2024, Director General of the Mexican Automotive Industry Association (AMIA) Odracir Barquera said on Monday. If current trends continue, light vehicle production in Mexico is…
- OCT 7 – A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the country’s ailing economy disappointed investors. Shares had jumped by over 10% as trading restarted after the Golden Week holiday but fell back after a news conference by the country’s…
- NAIROBI, Kenya Oct 8 – The Prime Cabinet Secretary, Musalia Mudavadi, has emphasized the need for tax administrators in the country to leverage technology-driven solutions to elevate trade and domestic resource mobilization. Speaking during the launch of the KRA Summit 2024, Mudavadi stressed that…
- SYDNEY, Oct. 8 (Xinhua) — An Australian court on Tuesday approved a fine for Qantas, the national flag carrier, for selling thousands of tickets for canceled flights. The Federal Court of Australia approved a 120 million Australian dollar (80.7 million U.S. dollar) settlement between the national…
