- NAIROBI, Kenya, Oct 3 – Carrefour Kenya has introduced its ‘Buy Kenya, Build Kenya’ campaign to boost local manufacturing. Running until October 17, the campaign aims to showcase a variety of locally made products available both in-store and online, encouraging customers to support Kenya’s…
- NAIROBI, Kenya, Oct 3 – Absa Bank has officially launched its Absa Kenya Foundation (AKF), which will serve to promote the bank’s social and environmental contributions in communities. AKF, sponsored by the bank alongside its strategic partners, will focus on an array of areas, including…
- NAIROBI, Kenya, Oct 3 — An impasse between the National Assembly and the Senate over the equitable revenue share to devolved units in will now head to mediation following conflicting decisions on the matter. MPs voted for the counties to receive an allocation of Sh380 billion as proposed National…
- NAIROBI, Kenya, Oct 3 – Researchers are now alarmed that more government funding is required in order to maintain and sustain plant gene banks in the country so as to preserve crop diversity. Plant genebanks are technical facilities that store plant genes. The most common type of material in this…
- By Dr. Solomon Mutua OCT 3 – October is Breast Cancer Awareness Month, a time to highlight the importance of early detection and screening. Breast cancer occurs when cells in the breast grow uncontrollably. The breast consists of three main parts: 1. Lobules – Glands that produce milk. 2. Ducts –…
- TEHRAN, Oct. 3 (Xinhua) — Iran has resumed flights to and from the country as of Thursday morning, following their suspension after Iranian missile attacks on Israel on Tuesday evening, according to a spokesman of Iran’s Civil Aviation Organization (CAO). CAO spokesman Jafar Yazarlou announced that…
- NAIROBI, Oct. 3 (Xinhua) — President William Ruto has reaffirmed his commitment to increasing tourist numbers in Kenya through diversification and targeted marketing in emerging source markets. Speaking at the 2024 Magical Kenya Travel Expo, Ruto highlighted the event’s role in showcasing the…
- NAIROBI, Kenya, Oct 3 – Persons sharing inflammatory comments on social media risk facing stringent penalties should parliament give nod to a new Misuse and Cybercrimes (Amendment) Bill. The Bill sponsored by Wajir East MP Aden Daudi aims to strengthen the existing legislation by introducing new…
- NAIROBI, Kenya, Oct 3, 2024 – SNDBX International, a SME solutions hub, has announced the 4th edition of The Big Baraza Annual Conference. This year’s theme, “Game Changers,” will spotlight how businesses can innovate and adapt to succeed by leveraging the right connections, opportunities, and…
- NAIROBI, Kenya, Oct 3 — Moi University has closed its Eldoret campus indefinitely over student unrest due to industrial action by the institution’s staff and lecturers. In a statement released on Thursday, the office of the Vice-Chancellor directed all students to leave the school premises with…
- TOKYO, Oct. 3 (Xinhua) — The amount of gold seized in smuggling in Japan in the first half of 2024 totaled 937 kg, up more than eightfold from the same period last year, local media reported Thursday. The Finance Ministry has announced that 228 cases of gold seizures were reported by customs…
- NAIROBI, Kenya, Oct 3 – Private sector activity in Kenya deteriorated slightly last month, weighed down by weak new orders and output linked to low consumer demand. Stanbic Bank Kenya’s Purchasing Manager’s Index (PMI) shows that last month PMI dropped to 49.7. A PMI reading below 50 indicates a…
- ADDIS ABABA, Oct. 3 (Xinhua) — The Ethiopian government has announced that the country’s economy grew over 8 percent in its fiscal year, which ended on July 7. Ethiopian Minister of Planning and Development Fitsum Assefa said that building on an 8.1 percent economic growth in the last fiscal year,…
- NAIROBI, Kenya Oct 3 – The Kenya National Chamber of Commerce and Industry (KNCCI) has partnered with the Boda Boda Association of Nairobi to enhance healthcare access and lower accident rates. The initiative, which includes first aid training and road safety programs, seeks to address challenges…
- NAIROBI, Kenya Oct 3 – Britam Asset Managers has introduced the USD Fixed Income Fund, which offers investors a secure and competitive investment option in a mix of local and offshore fixed income securities. The investment portfolio includes a variety of interest-bearing securities such as bank…
- CAIRO, Oct. 3 (Xinhua) — Egyptian Prime Minister Mostafa Madbouly said on Wednesday that Egypt’s external debt declined by more than 15 billion U.S. dollars in six months to go below 153 billion dollars, the Egyptian cabinet said in a statement. “The external debt recorded 168 billion dollars last…
- NAIROBI, Kenya, Oct 3 – Hotel, lodge, bar, and restaurant workers will be required to pay a fee to get a practicing license if a new bill passes through in Parliament. The Hospitality Professional Bill, 2023, which is currently before the Senate, will impose a hefty fine and jail terms on those who…
- NAIROBI, Kenya Oct 2 – Kenya’s monthly inflation rate eased to 3.6 percent in September 2024 amid an increase in food and non-food commodity prices. Latest data from the Kenya National Bureau of Statistics (KNBS) shows that the country’s inflation dropped from 4.4 percent in Augst to 3.6 percent…
- MANILA, Oct. 3 (Xinhua) — The International Finance Corporation (IFC), a member of the World Bank Group, said Thursday that it has invested 7 million U.S. dollars in First Circle, a technology company providing smart banking solutions to SMEs in the Philippines. The IFC said the move is intended to…
- NAIROBI, Oct. 3 (Xinhua) — Kenya Railways Corporation (KRC) on Wednesday upgraded the Chinese-built standard gauge railway (SGR) Madaraka Express passenger train with premium class coaches, marking a new milestone for the popular service. In a statement released in Kenya’s capital of Nairobi, the…
- NAIROBI, Kenya, Oct 2 – Thomas Njeru, CEO and co-founder of Pula Advisors, an insurtech company that provides insurance for smallholder farmers in Africa, Asia, and Latin America, has been included in the TIME100 Next Influential Leaders list. The list is an expansion of the TIME100, which…
- ACCRA, Oct. 2 (Xinhua) — Ghana’s annual inflation rate rose to 21.5 percent in September from 20.4 percent in August, Ghana Statistical Service (GSS) said Wednesday. “The rise in inflation in September reversed the consistent drop in inflation rate over the five-month period from April to August,”…
- NAIROBI, Oct. 2 (Xinhua) — Chinese telecom firm Huawei hosted a training workshop in Nairobi, the capital of Kenya, to boost information and communications technology (ICT) skills in the East African nation. The event, held on Tuesday, brought together key instructors and stakeholders across the…
- NAIROBI, Oct. 2 (Xinhua) — Kenya’s economy expanded 4.6 percent in the second quarter of 2024, a slowdown from the 5.6 percent growth recorded in a similar period the previous year, the country’s national statistics bureau said Wednesday. According to the Kenya National Bureau of Statistics (KNBS…
- By Mbugua Njihia OCT 2 – With the world’s youngest population, Africa holds immense potential to shape its future through innovation and technology. More than 60 percent of its people are under 25. Gaming is emerging as a powerful catalyst for digital inclusion, providing African youth with…
- By Pancras Mutuma OCT 2 – In the past two years, the world of artificial intelligence (AI) has seen an explosion of advancements, with ChatGpt emerging as the most recognised generative text tool since its release in November 2022. This ground-breaking technology empowers individuals to…
- By Kennedy Kachwanya OCT 2 – The global gaming industry is one of the fastest-growing sectors, projected to reach a staggering $300 billion by 2025. Africa, with its young and dynamic population, is poised to become a major player in this space. According to recent reports, the gaming industry in…
- NAIROBI, Kenya, Oct 2 — Adhesive manufacturer Henkel has unveiled its Nairobi plant as fully reliant on renewable energy in what it says is a milestone in its sustainability journey. This transition is part of the company’s broader sustainability agenda and positions it as a leader in environmental…
- NAIROBI, Kenya, Oct 2 – Tax policy experts PWC now say governments across the continent face the complex challenge of modernizing their taxation systems to keep pace with evolving trade patterns. According to PWC, taxation laws have lagged, especially with the rise of online platforms, mobile…
- NAIROBI, Kenya, Oct 2 – Back in 1997, when a group of ambitious entrepreneurs started a small hardware store in Kariobangi, Nairobi, they didn’t imagine that 27 years later that business would transition into a major producer of paint, supplying products countrywide. Then, the entrepreneurs would…
- NAIROBI, Kenya, Oct 2 – Former Pula Commercial Director Cedrick Todwell has been appointed as new Business Development Director for Turaco, effective October 1, 2024. Turaco is a Kenyan-based and Africa’s leading insurtech that provides affordable health and life micro-insurance across the African…
- NAIROBI, Kenya, Oct 1 – Kenya Airways (KQ) has opened a water bottling plant at the Jomo Kenyatta International Airport (Jkia) to cut costs, generate revenue, and reduce external supply shocks. The pyro-diesel and the water bottling plants, as well as the transformation of Msafiri House, were…
- NAIROBI, Kenya Oct 1- The Central Bank of Kenya (CBK) has announced the licensing of an additional 27 Digital Credit Providers (DCPs) in accordance with Section 59(2) of the CBK Act. According to CBK, This brings the number of licensed DCPs to 85 following the last licensing of 7 DCPs as announced…
- NAIROBI, Oct. 1 (Xinhua) — Kenya is reintroducing abandoned broad bean farming in a bid to boost food and nutritional security for communities and their livestock, senior officials said Thursday. Benson Muturi, a fodder crops researcher and livestock nutritionist at Kenya Agricultural and Livestock…
- HOUSTON, Oct. 1 (Xinhua) — About 45,000 port workers across the U.S. East and Gulf Coasts went on strike Tuesday as a midnight deadline for a new labor deal over wages and automation had passed. Labor negotiations stalled between the International Longshoremen’s Association (ILA) and the United…
- NAIROBI, Oct 1 (Xinhua) — Kenya unveiled a strategy plan on Monday that aims to lower the costs of remittances sent by its diaspora and increase the volume of money flowing back to the country. Prime Cabinet Secretary Musalia Mudavadi emphasized the crucial role that Kenyans abroad play in the…
- NAIROBI, Kenya, Oct 1 – Ndovu Wealth Limited has today officially launched its Money Market Fund (MMF) dubbed Ndovu Fund with the aim of providing investors with diversified and affordable investment options. The launch of this Fund further demonstrates Ndovu’s commitment to democratising…
- NAIROBI, Kenya, Oct 1 – Kenya has secured the rights to host the Africa Youth in Tourism Summit and Innovation Challenge for 2025, 2026, and 2027. This annual Pan-African event, previously held in Ghana and Namibia, is designed to empower African youth in tourism and entrepreneurship. The events…
- NAIROBI, Kenya, Oct 1 – Global technology company Epson has set up a new sales company to serve the Middle East, Turkey, Africa, and Central & West Asia (META-CWA) region. With its headquarters in Dubai, UAE, the new regional operations will be spearheaded by Epson, META-CWA, President Neil…
- NAIROBI, Kenya, Oct 1—Smartphone manufacturer Tecno Africa has launched its first-ever AI-powered ecosystem anchored on revolutionizing the continent’s tech landscape. According to Tecno, the move will have far-reaching effects on spurring creativity, connectivity, and personalization in the…
- NAIROBI, Kenya, Oct 1 -Absa Bank has bolstered its reach for its affluent segment through reorganized affluent banking division. The lender says the move is informed by addressing the evolving needs of modern consumers, especially within the affluent segment, through an expanded and tailored range…
- NAIROBI, Kenya, Oct 1 – Safaricom’s Mobile Money Platform, M-PESA has introduced M-PESA Ratiba, a first of its kind on mobile money feature that will allow users to set up standing orders directly from their M-PESA wallets, enabling seamless and automatic payments of recurring transactions and…
- WASHINGTON, Oct. 1 (Xinhua) — U.S. Federal Reserve (Fed) Chair Jerome Powell said Monday that if the economic data stays stable, future rate cuts are expected to be smaller than the half-percentage-point reduction in September. “Looking forward, if the economy evolves broadly as expected, policy…
- NAIROBI, Kenya, Oct 1 – The Kenya Electricity Transmission Company (KETRACO) has signed a contract with the Consortium of Grid Solution SAS to construct a new National System Control Centre (NSCC). In a statement, KETRACO said that the 81 million Euros (Sh11.6 billion) Centre, which will be…
- LONDON, Sept. 30 (Xinhua) — The gross domestic product (GDP) of the United Kingdom (UK) grew by 0.5 percent in the second quarter of 2024, revised down from an initial estimate increase of 0.6 percent, official data showed on Monday. Services output grew by 0.6 percent from April to June with…
- NAIROBI, Kenya, Sep 30 – The former National Assembly Speaker Francis Ole Kaparo has stressed the need for conservancies in the country to adopt mixed-use conservation approach. Mixed used conservation is an approach whereby a conservancy integrates wildlife conservation with other sustainable land…
- NAIROBI, Kenya, Sep 30 – The Safaricom Investment Co-operative has rebranded to SIC Investment Co-operative. The rebranding ceremony was graced by the Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya, alongside Principal…
- NAIROBI, Kenya, Sep 30 – Superior Homes Kenya has launched the first roadside truck complex ‘Supastop’ along the Nairobi- Mombasa road to provide a secure resting point for long-distance truck drivers. The launch was graced by Makueni County Deputy Governor Lucy Mulili, CECM Trade, Industry &…
- NAIROBI, Kenya, Sept 30 – Madison Life Assurance and HF Group have partnered to offer affordable financing opportunities for prospective homeowners. This collaboration which commences with their units in VillaKazi in Athi River provides financing options for individuals seeking to purchase plots…
- NAIROBI, Kenya, Sept 30 – Madison Life Assurance and HF Group have partnered to offer affordable financing opportunities for prospective homeowners. This collaboration which commences with their units in VillaKazi in Athi River provides financing options for individuals seeking to purchase plots…
