- 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…
- MADRID, April 10 (Xinhua) — The Governor of the Bank of Spain, Jose Luis Escriva, announced on Wednesday that the central bank will revise its forecast for Spain’s economic growth downward, citing the impact of new U.S. tariffs on European goods. In March, the Bank of Spain projected that the…
- NAIROBI, Kenya, Apr 9, 2025 – Ride-hailing platform Bolt Kenya has reported a 46 percent decrease in offline (off-app) trips over the past six months, following the rollout of enhanced safety measures targeting non-compliant ride practices. The company attributes the sharp decline to a stricter…
- APRIL 9 – The government is considering nationalising British Steel as fears grow among ministers that only days remain to secure raw materials for the company’s blast furnaces in Scunthorpe. Chancellor Rachel Reeves has sought to reassure workers at the Lincolnshire plant that the government would…
- NAIROBI, Kenya, Apr 7 — Prudential Assurance has unveiled plans to recruit and train more than 5,000 sales agents in Kenya over the next five years, expanding its agent network fivefold from the current 1,000. The move aims to deepen market reach and tackle youth unemployment by creating structured…
- APRIL 9 – US President Donald Trump is ripping up the rulebook on trade that has been in place for more than 50 years. His latest round of sweeping tariffs, which came into force shortly after midnight on Wednesday, hits goods from some of America’s biggest trading partners including China and the…
- NAIROBI, Kenya, Apr 9 — Central Bank of Kenya (CBK) Governor Kamau Thugge has downplayed the potential impact of the proposed 10 percent tariff hike on Kenyan exports to the United States, saying it is unlikely to significantly affect the economy. Thugge said Kenya exports goods worth approximately…
- NAIROBI, Kenya, Apr 9 – The Employment and Labour Relations Court has issued conservatory orders suspending the ongoing recruitment of a new Managing Director for the Kenya Airports Authority (KAA), citing concerns over transparency and potential constitutional violations. Justice Hellen Wasilwa…
- APRIL 9 – India’s central bank has cut interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump’s tariff announcements. The Reserve Bank of India (RBI) reduced repo rates from 6.25% to 6%, a second cut since February when rates were brought down after nearly five years.…
- APRIL 9 – It’s just gone past midnight in Washington DC. This means US President Donald Trump’s higher tariffs for goods imported from about 60 countries – which he has called the “worst offenders” – have kicked in. These include a 104% tariff on China, following tit-for-tat levies imposed by the…
- NAIROBI, Kenya, April 9 – On a hot Wednesday morning, Chris Ochieng’, a civil and structural engineer, supervises work on a Sh20 billion housing project in Nairobi. The project, comprising mid- and low-cost units dubbed InCity Suites and Starehe Point, is one of four projects that real estate…
- NAIROBI, Kenya, Apr 9 – The Human Resource Management Professionals Examinations Board (HRMPEB) has launched its first-ever April sitting of the Certified Human Resource Professional (CHRP) exams, with over 1,800 candidates participating across the country. Running from April 9 to 16, the exams…
- NAIROBI, Kenya, Apr 8 – The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 75 basis points to 10.00 percent, citing easing inflation, a stable exchange rate, and the need to stimulate private sector lending amid subdued credit growth. The decision was reached during the…
- April 8 – India’s steel industry continues to show impressive growth, with production capacity reaching 205 million tons per year in fiscal year 2025 — a 10% increase from 186 million tons in 2024. Over the past decade, the country’s steel capacity has nearly doubled from 109 million tons in 2015,…
- NAIROBI, Kenya, Apr 8 – Kenya’s State Department for Technical and Vocational Education and Training (SDTVET) has entered into a three-year partnership with global technology giant Huawei to boost digital skills across the country. The collaboration, formalized through a Memorandum of Understanding…
- NAIROBI, Kenya, April 8 – A total of 150,000 homes in Kenya, except in Nairobi and Mombasa counties, are set to be connected to the national grid under phase six of the Last Mile Connectivity Project (LMCP), which is funded by the African Development Bank (AfDB). Applicable in 43 counties, the…
- BRUSSELS, April 8 (Xinhua) — The European Union (EU) on Monday proposed a 25 percent tariff on select U.S. products in response to President Donald Trump’s recent decision to impose duties on European steel and aluminum, reported Reuters and Bloomberg, citing an internal document shared with EU…
- NAIROBI, Kenya – April 1, 2025 – HACO Industries has introduced a new era in skincare with Amara, its iconic brand now enhanced with Vitamin N, a powerful blend of natural oils designed to deeply nourish, hydrate, and restore the skin’s natural glow. The refreshed product range includes lotions,…
- NAIROBI, Kenya, April 8 – A man in Western Kenya has been sentenced to nearly seven years in prison after being found guilty of multiple vandalism and theft of Kenya Power electricity infrastructure. George Odiyo, who was arraigned before Kitale Law Courts on April 1, 2025, was charged with four…
- LIVINGSTONE, Zambia, April 8 – Tourism Cabinet Secretary Rebecca Miano is in Livingstone, Zambia, to advocate for Kenya’s membership in the United Nations (UN) Tourism Executive Council for the 2025-2029 term. This follows the submission of Kenya’s proposal to all UN Tourism Member States on March…
- HOUSTON, April 8 (Xinhua) — The White House said on Monday it will direct U.S. federal agencies to appoint chief AI officers, expand AI use and reduce related regulations. Under the revised policies, federal agencies will appoint Chief AI Officers and develop an AI strategy within six months. “…
- BAMAKO, April 8 (Xinhua) — Mali on Monday announced the decision to close its airspace to all civilian and military aircraft traveling to and from Algeria, effective immediately and until further notice, as tension escalates between the two countries after Algeria shot down a Malian drone. The…
- NAIROBI, Kenya, April 8 – The Court of Appeal (CoA) has issued a temporary order halting the construction of a high-rise apartment complex in Nairobi’s affluent Lavington suburb, citing the need to preserve the status quo pending the hearing and determination of an appeal challenging the…
- NAIROBI, Kenya, April 7 – Coca-Cola has relaunched its global “Share a Coke” campaign in Kenya, bringing back personalized Coke bottles and cans featuring individual names. The campaign, first introduced in 2011, replaces the brand’s logo with popular first names and encourages consumers to…
- APRIL 8 – Donald Trump has threatened China with an extra 50% tariff on goods imported into the US if it does not withdraw its 34% counter-tariff, as global markets continue to fall. Beijing retaliated on Sunday, following last week’s decision by Trump to slap a 34% tax on Chinese imports as part…
- NAIROBI, Kenya, April 8 – A majority of Kenyans are open to an increase in taxes to enable adequate healthcare access for all. A new report by AfroBarometer, a Pan-African survey firm, shows that nearly six in ten locals (57 percent) are in support of high taxes to fund medical programs. Kenya is…
- APRIL 7 – The government has announced a relaxation of electric vehicle (EV) sales targets to help the car industry in the face of trade tariffs from the US. A ban selling new petrol and diesel cars will still come into effect in 2030, but manufacturers will now have more flexibility on annual…
- NAIROBI, Kenya, Apr 7 – South Africa is seeking Kenya’s support for its candidate, Ms. Bajabulile Swazi Tshabalala, in the upcoming African Development Bank (AfDB) presidential elections set for May. Ms. Tshabalala, the former Senior Vice President of the AfDB, is the only female candidate in the…
- APRIL 7 – Asian stocks from Shanghai to Tokyo and Sydney to Hong Kong plunged on Monday to levels not seen in decades, as global markets continue to reel from US President Donald Trump’s tariffs. The Shanghai Composite was down more than 8% at one point, Hong Kong’s Hang Seng dropped more than 13%…
- NAIROBI, Kenya Apr 7 – ICT Cabinet Secretary William Kabogo on Monday called on African countries to unite behind an ambitious and coordinated digital development agenda as he opened the International Telecommunication Union (ITU) Regional Development Forum (RDF) for Africa in Nairobi. Kabogo…
- NAIROBI, Kenya, April 7 – Bayer East Africa’s Consumer Health Division has launched its Supradyn brand in Kenya, introducing two multivitamin products—Supradyn Immuno Triple Action and Supradyn Boost—designed to supplement daily vitamin and mineral intake. Targeting upwardly mobile urban…
- NAIROBI, Kenya, April 7 – Stanbic Bank Kenya has introduced a new platform in partnership with the Industrial and Commercial Bank of China (ICBC) to boost Sino-Kenya trade. The Africa-China Trade platform offers businesses direct access to Chinese markets, trade financing, and tailored advisory…
- SYDNEY, April 7 (Xinhua) — A study published on Monday warned that rising sea levels could devastate Australia’s coastal aquaculture, with Queensland, the country’s largest aquaculture-producing state, facing the brunt of the impact. More than 43 percent of Queensland’s productive aquaculture sites…
- NAIROBI, Kenya, April 7, 2025 – Global fintech firm Tala has been named Best Digital Credit Provider in Risk Management at the inaugural Think Business Digital Lenders Awards 2025, in recognition of its commitment to responsible lending, robust risk management, and customer-centric financial…
- LONDON, April 7 (Xinhua) — Countries may feel compelled to impose reciprocal tariffs of 19 percent on U.S. services to rectify persistent bilateral trade imbalances, The Economist magazine has said. In an article published on Saturday, the magazine applied the same methodology for services used by…
- NAIROBI, Kenya, April 7 – The Kenya Medical Association Regulated Non WDT Sacco Limited (KMA) plans to write off Sh525 million in shares held at the Kenya Union of Savings and Credit Cooperatives (Kuscco), which is currently facing financial challenges after billions of shillings were lost under…
- NEW YORK, April 7 (Xinhua) — U.S. stock futures continued to plummet on Sunday night, as wary investors fear the repeat of “Black Monday” in the stock market. The E-Mini Dow Continuous Contract, E-Mini S&P 500 Future Continuous Contract and E-Mini Nasdaq 100 Index Continuous Contract sank as…
- APRIL 7 – Zimbabwe’s President Emmerson Mnangagwa has announced he will suspend tariffs on goods imported from the US in an attempt to build a “positive relationship” with President Donald Trump’s administration. The move comes days after Trump imposed 18% tariffs on Zimbabwean exports to the US. “…
- NAIROBI, Kenya, Apr 7 – Metropolitan National Sacco Ltd has announced plans to rebrand, including a name change, as part of a broader recovery strategy following prolonged financial struggles and insolvency. The move follows revelations of widespread misappropriation of funds by individuals within…
- NAIROBI, Kenya, April 6 – Garnier, Kenya’s leading face care brand, has unveiled Garnier Super UV SPF 50, a sunscreen specifically formulated for melanin-rich and African skin, addressing the rising demand for effective, affordable sun protection. With growing awareness around the importance of…
- NAIROBI, Kenya, April 6 – Listed non-banking financial services company Sanlam Kenya Plc has announced that its Rights Issue, aiming to raise up to Sh2.5 billion, will open in two weeks following regulatory approvals. The company has secured all necessary regulatory approvals from the Capital…
- By Samuel Gitau, APRIL 6 – The eight-country regional trading bloc, the Intergovernmental Authority on Development (IGAD), faces enduring governance issues. Since independence, numerous leadership changes throughout member states have failed to resolve persistent governance deficits that combine…
- WASHINGTON, April 6 (Xinhua) — U.S. Secretary of State Marco Rubio said Saturday that the United States is canceling all visas held by South Sudanese passport holders and suspending the issuance of new ones. The action comes after South Sudan’s transitional government failed to accept the return of…
- NAIROBI, Kenya, Apr 6 – Young African entrepreneurs are set to explore new business opportunities as the Elite’s Jamboree event opens in Dubai, coinciding with Kenya’s move to formalize a trade agreement with the United Arab Emirates. The event comes as Kenya’s Cabinet Secretary for Investments,…
- APRIL 5 – Thursday was a “terrible” and “devastating” day for people involved in Lesotho’s textile sector as they digested the news that the country’s exports to the US would be hit by a 50% import tax, or tariff. Teboho Kobeli, who founded Afri-Expo Textiles and employs 2,000 people in the country…
- NAIROBI, Kenya, Apr 5 – The government has launched a comprehensive industry mapping and geo-location exercise in Nairobi in a bid to accelerate the country’s manufacturing growth and economic development. Presiding over the launch, Industrialization Secretary Erastus Gatebe said the initiative is…
- NAIROBI, Kenya, Apr 5 – More than 1,000 dormant administrative units in Kenya that exist in law but have never been operational are set to be revived under new reforms unveiled by Cabinet Secretary for Interior and National Administration Kipchumba Murkomen. The reforms seek to activate 24 sub-…
- LOS ANGELES, April 5 (Xinhua) — Tariffs could lead to a 10 percent drop in cargo volume moving through the Port of Los Angeles later this year, the U.S. largest port’s Executive Director Gene Seroka warned Friday. “We need lumber from Canada; appliances from Mexico; aluminum, steel, copper and…
- NAIROBI, Kenya, Apr 5 – The Central Bank of Kenya (CBK) has unveiled the Kenya Green Finance Taxonomy (KGFT) and Climate Risk Disclosure Framework, key tools aimed at fostering a sustainable and climate-resilient banking sector. The new measures build on CBK’s 2021 guidance on climate-related risk…
