- TOKYO, Jan. 21 (Xinhua) — Japan’s Financial Services Agency plans to issue business improvement orders to Toyota Mobility Tokyo, a subsidiary of Toyota Motor Corporation, and leading used car dealer Goodspeed, local media reported Tuesday. The move follows findings that the companies allegedly…
- DOHA, Jan. 20 (Xinhua) — Qatar initiated a land bridge to supply the Gaza Strip with 12.5 million liters of fuel during the first 10 days of the ceasefire agreement, the Ministry of Foreign Affairs said in a statement Monday. A total of 25 trucks carrying Qatar-funded fuel, meant to provide…
- NAIROBI, Kenya,Jan 20 – The Retail Trade Association of Kenya (RETRAK) has condemned the unannounced removal of shop signage in Nairobi’s Central Business District (CBD), accusing the Nairobi County Government of disregarding the interests of businesses and the communities they serve. RETRAK in a…
- DAVOS, Switzerland, Jan. 20 (Xinhua) — The 2025 World Economic Forum (WEF) Annual Meeting commenced on Monday in Davos, Switzerland, calling for global cooperation amid global uncertainty. Themed “Collaboration for the Intelligent Age,” the five-day event will bring together nearly 3,000…
- NAIROBI, Kenya, Jan 20 – Kenya’s electricity generation saw a decline in November 2024, according to the latest data from the Kenya National Bureau of Statistics (KNBS). KNBS, in its latest report, revealed that local electricity generation dropped from 1,103.5 million kWh in October to 1,067.3…
- NAIROBI, Kenya, Jan 20 – Absa Bank Kenya and the International Trade Centre (ITC) have introduced the Access to Finance Accelerator programme, a six-week initiative aimed at enhancing financial access for women entrepreneurs in export businesses. Funded by the UK International Development program,…
- NAIROBI, Kenya, Jan 20 – The Kenya Tea Growers Association (KTGA) has sounded the alarm over a series of alarming land invasions and criminal activities targeting large-scale tea producer estates. KTGA Chairman Silas Njibwakale singled out the ongoing Zimbabwe-like illegal land invasion of Sitoi…
- NAIROBI, Kenya Jan 20 – The government lost Sh 144.2 million in revenue between August and September 2024 due to a decline in the number of passengers traveling by the Standard Gauge Railway (SGR). Latest data from the National Bureau of Statistics (KNBS) indicated that the number of passengers…
- JAN 20 – Working from home is creating a generation who are “not doing proper work”, the former boss of Marks and Spencer and Asda has warned. Lord Rose told BBC Panorama that home working was part of the UK economy’s “general decline” and employees’ productivity was suffering. His comments come as…
- NAIROBI, Kenya, Jan 20 – Chinese smartphone manufacturer Xiaomi has unveiled its highly anticipated Redmi Note 14 Series in the country. The new series features three new smartphones:Redmi Note 14 Pro+ 5G, Redmi Note 14 Pro and the Redmi Note 14. Xiaomi says the series promises to deliver flagship-…
- ADDIS ABABA, Jan. 20 (Xinhua) — The Executive Board of the International Monetary Fund (IMF) has approved an immediate disbursement of about 248 million U.S. dollars to Ethiopia to help the East African country meet its balance of payments needs. The decision came after the IMF held its second…
- NAIROBI, Kenya, Jan 20 – The value of building approvals in Nairobi fell to Sh9.8 billion in November 2024 from Sh14.4 billion a year earlier, according to data from the Kenya National Bureau of Statistics (KNBS). The KNBS Leading Economic Indicators report also revealed a drop in approved housing…
- JAN 20 – TikTok is resuming services to its 170 million users in US after President-elect Donald Trump said he would issue an executive order to give the app a reprieve when he takes office on Monday. On Saturday evening, the Chinese-owned app stopped working for American users, after a law banning…
- JAN 20 – Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband’s inauguration as US president. The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade. “The Official…
- NAIROBI, Kenya, Jan 20 – Kenyans abroad sent home Sh651.7 billion in 2024, marking an 18 percent increase of Sh98.4 billion compared to Sh543.3 billion received in 2023, according to the Central Bank of Kenya (CBK). The growth was fueled by a strong inflow in December, where remittances hit Sh57.8…
- LOS ANGELES, Jan. 19 (Xinhua) — The popular video-sharing app TikTok went dark late Saturday in the United States. TikTok users in the country were greeted with a message that read: “Sorry, TikTok isn’t available right now.” “A law banning TikTok has been enacted in the U.S. Unfortunately, that…
- NAIROBI, Jan. 19 (Xinhua) — KCB Bank Kenya, one of the top banks in Kenya, and UnionPay International (UPI), a subsidiary of China UnionPay, on Friday announced a partnership to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact on digital platforms. The…
- JAN 18 – Donald Trump has promised big changes for the world’s largest economy. An “end to the devastating inflation crisis”, tariffs and big cuts to taxes, regulation and the size of government are all on the agenda. This combination, he says, will ignite an economic boom and revive withering…
- NAIROBI, Kenya, Jan 18 – President William Ruto is now being called upon to mediate a tussle that has delayed road construction in counties for the last two pitting governors on one side and members of parliament on the other over the road maintenance levy fund. Governors lament the speed with…
- WASHINGTON, Jan. 18 (Xinhua) — The International Monetary Fund (IMF) on Friday slightly upgraded its global growth forecast in 2025 to 3.3 percent, 0.1 percentage point up from its projection in October 2024, according to an update to its World Economic Outlook (WEO). Economic policy uncertainty is…
- NAIROBI, Kenya, Jan 18 – The National Biosafety Authority (NBA) has warned institutions dealing with research on genetically modified organisms (GMOs) and their products that are yet to register, following the expiry of a three-month notice issued in October last year. The NBA had earlier directed…
- NAIROBI, Kenya, Jan 17 – Economist Ashish Chadda has faulted Treasury’s 2025 budget proposal, calling on the government to review the Draft 2025 Budget Policy Statement for the fiscal year 2025/26 to 2027/28. Chadda, in a letter addressed to Treasury Cabinet Secretary John Mbadi, lists five major…
- JAN 17 – A looming TikTok ban has connected Chinese and American citizens like never before, as they swap jokes and memes in what one user described as a “historic moment”. It’s all unfolding on a popular Chinese social media app called RedNote, or Xiaohongshu (literally translates as Little Red…
- NAIROBI, Kenya, Jan 17 – The Kenya National Chamber of Commerce and Industry (KNCCI) is set to host the World Chambers Federation (WCF) Summit in Nairobi, marking a first for Africa. The event, slated to run from April 9 to 11 and themed “Africa’s Global Future: Integrated, Innovative, and…
- NAIROBI, Kenya, Jan 17 – Leading health experts have condemned remarks by Public Health Principal Secretary Mary Muthoni, describing her statements about smoke-free alternatives as ‘unfounded and misleading.’ Michael Kariuki, Secretary General of the Harm Reduction Society of Kenya (HRS),…
- JAN 17 – Apple has suspended a new artificial intelligence (AI) feature that drew criticism and complaints for making repeated mistakes in its summaries of news headlines. The tech giant had been facing mounting pressure to withdraw the service, which sent notifications that appeared to come from…
- JAN 17 – Toyota subsidiary Hino Motors has agreed to pay $1.6bn (£1.3bn) and plead guilty to deceiving US regulators about the amount of emissions produced by its diesel engines. The truck company will also be banned from exporting its diesel engines to the country for five years. It comes after…
- NAIROBI, Kenya, Jan 17 – CMC Motors Group has announced its exit from Kenya, Uganda, and Tanzania, citing economic pressures, currency depreciation, and rising operational costs that have rendered operations unsustainable. The firm stated it will wind down operations in compliance with local…
- JAN 17 – China’s economy rebounded in the last three months of last year, allowing the government to meet its growth target of 5% in 2024, Beijing announced on Friday. But it is one of the slowest rates of growth in decades as the world’s second largest economy struggles to shake off a protracted…
- NAIROBI, Jan. 17 (Xinhua) — Kenya’s economy is projected to grow by 5.3 percent in 2025, according to the National Treasury. In its Budget Policy Statement for 2025, released Wednesday evening in the Kenyan capital of Nairobi, the Treasury said this growth would represent an increase from 4.6…
- NAIROBI, Kenya, Jan 16 – KCB Bank Kenya has unveiled the ‘Revvvisha na KCB’ campaign, aimed at promoting financial empowerment and instilling a savings culture among Kenyans. Running from December 27, 2024, to April 2025, the campaign aligns with the 2025 World Rally Championship (WRC) Safari…
- JAN 16 – Amazon founder Jeff Bezos’s space company has blasted its first rocket into orbit in a bid to challenge the dominance of Elon Musk’s SpaceX. The New Glenn rocket launched from Cape Canaveral Space Force Station in Florida at 02:02 local time (07:02 GMT). It firmly pits the world’s two…
- NAIROBI, Kenya, Jan 16 – The Kenya Revenue Authority (KRA) has reiterated the significance of customs bonds in securing customs duties and ensuring smooth cross-border trade. Bonds are essential in various scenarios, including goods transit and temporary imports, and involve importers, exporters,…
- JAN 16 – The US has banned the use of a synthetic dye typically added to foods and beverages to give them a bright, cherry-red hue. Manufacturers will no longer be allowed to use the dye, called red No 3 or red dye 3, after studies linked it to cancer in male laboratory rats, the […]
- NAIROBI, Kenya, Jan 16 – Telecommunications service provider Safaricom has been ranked the top employer in 2025. The ranking done by the Top Employer Institute (TEI) also placed the telco top in Africa for the fourth year running. According to TEI, the ranking is based on Safaricom’s human resource…
- OTTAWA, Jan. 16 (Xinhua) — Canadian Prime Minister Justin Trudeau Wednesday outlined retaliatory tariffs covering about 150 billion Canadian dollars (105 billion U.S. dollars) worth of U.S. goods, local media reported. Trudeau met with provincial and territorial premiers in Ottawa to discuss the…
- NAIROBI, Kenya Jan 16 – Biotech and pharmaceutical company Pfizer has announced plans to reorganise its activities in Kenya amid emerging market dynamics. A company spokesperson said the reorganisation will target certain aspects of its operations to maintain a multi-function commercial presence in…
- JAN 16 – A US-based short-seller which had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down. Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that he was disbanding the company almost eight years…
- CANBERRA, Jan. 16 (Xinhua) — Australia’s unemployment rate rose slightly in December to 4.0 percent from 3.9 percent in November, as participation in the workforce reached a record high. According to official labor force data released by the Australian Bureau of Statistics (ABS) on Thursday, the…
- NAIROBI, Kenya, Jan 16 – Agriculture Cabinet Secretary Aden Duale has announced the imposition of a new sugar development levy effective February 1. According to Duale, the move is aimed at boosting the local sugar industry through revenue generation that will be directed towards supporting the…
- By Dr Solomon Mutual JAN 15 – In 2020, the World Health Organization launched a global strategy to eliminate cervical cancer by 2030. It is the fourth-most common cancer among women, with an estimated 350,000 deaths worldwide in 2022. More than 80,000 of these deaths occurred in sub-Saharan Africa…
- JAN 15 – Timothy Munyao, an IT Solutions Architect Consultant at Kitsilano Technologies, recently made history by becoming the first Kenyan to earn the coveted Amazon Web Services (AWS Golden Jacket. This prestigious award recognizes individuals who achieve all 12 active AWS certifications,…
- JAN 15 – UK inflation unexpectedly dipped in December, raising expectations of an interest rate cut next month. Prices rose 2.5% in the year to December, down from 2.6% the month before, marking the first fall in inflation for three months. The drop was driven by hotel prices falling and smaller…
- NAIROBI, Kenya Jan 15 – Equity Bank Chief Executive Officer (CEO) James Mwangi has joined the Council on Foreign Relations (CFR) as a member. Mwangi’s appointment to the Global Board of Advisors is a big milestone for the African continent, which will greatly benefit from the Council, which…
- NAIROBI, Kenya, Jan 14 – A group of parents have moved to court seeking to block a controversial school fee hike at St. Philip Neri Primary School, arguing that the increase was implemented without proper consultation and violates their legal rights. In an urgent application filed at the Kangundo…
- NEW YORK, Jan. 15 (Xinhua) — The United States is facing high inflation and increasing debt, and the economy is in a fragile place, according to David Soloman, the chief executive officer (CEO) of Goldman Sachs. U.S. consumers were still powering the economy last year. But they have really felt…
- NAIROBI, Kenya, Jan 15 – Jubilee Health Insurance Limited (JHIL) has launched its inaugural Center of Excellence and Agency Office at the Jubilee Exchange building on Mama Ngina Street, Nairobi. This initiative seeks to address Kenya’s low insurance penetration rate, currently at 2.3 percent of…
- NAIROBI, Kenya, Jan 15 — The National Construction Authority (NCA) has rolled out Stakeholders’ Sensitization Programs for the National Building Code 2024, targeting engineers, architects, contractors, and policymakers. The initiative aims to streamline and transform Kenya’s construction industry…
- NAIROBI, Kenya, Jan 15 – Kenya Revenue Authority (KRA) has reminded commercial vehicle owners to pay their advance tax for the 2025 income year by January 20, 2025. Advance tax rates vary depending on the type of vehicle. Vans, pick-ups, trucks, prime movers, trailers, and lorries are taxed at Sh2…
- LOS ANGELES, Jan. 15 (Xinhua) — Disinformation and conspiracy theories abound during crises, often overshadowing the truth with a flood of politically charged falsehoods. These narratives, also emerging after the wildfires in Los Angeles, gain traction due to their emotional appeal and the inherent…
