- Nairobi, Kenya, Sept 12 – The Insurance Regulatory Authority (IRA) has refuted claims regarding the alleged closure of Directline Assurance Company Limited, following a news report aired by some media quotas. The regulator, in a statement, clarified that the issue surrounding Directline Assurance’s…
- NAIROBI, Kenya, Sept 12 – Kenya, with its burgeoning youthful population, is experiencing both the promise and challenges that come with this demographic shift. Among the most pressing issues is youth unemployment, a problem that has pushed many young Kenyans to seek alternative sources of income…
- NAIROBI, Kenya, Sep 12 – Wakulima market traders on Thursday clashed with the police as they resisted a move by the Nairobi County Government to relocate them to Kangundo Road. The traders had been served with an eviction notice on Tuesday and asked to relocate, a move that did not sit well with…
- SEP 12 – Chelsea have two owners wanting to buy each other out. Neither wants to sell, amid a rift at the heart of the club. In one corner is Todd Boehly, often mischaracterised as the main man and decision-maker of the ownership, mainly because he had a very public-facing role when Chelsea was…
- SEP 12 – Boeing’s new chief executive Kelly Ortberg has pleaded with workers to not go on strike as it would put the company’s “recovery in jeopardy”. It comes hours ahead of a crucial union vote that could trigger industrial action at the embattled company. The aviation giant’s executives and…
- NAIROBI, Kenya, Sept 12 – The Kenya Electricity Transmission Company (KETRACO) is facing scrutiny from a legal firm seeking transparency over its reported agreements with an Indian firm Adani Energy Solutions, whose sister company is also facing opposition on the Jomo Kenyatta International Airport…
- NAIROBI, Kenya Sep 11 – The Kenya Aviation Workers Union (KAWU) has called off its strike after a day of disruptions that crippled air transport services. Union Secretary General Moses Ndiema announced that operations at Jomo Kenyatta International Airport (JKIA), which was heavily impacted by the…
- SEP 11 – Inflation in the US continued to cool last month, official figures showed, raising confidence that the US central bank will cut interest rates next week. Consumer prices rose 2.5% over the 12 months to August, as prices for petrol, used cars and trucks, and some other items fell. That…
- NAIROBI, Kenya, Sep 11 – President William Ruto on Wednesday witnessed the handover of public assets worth Sh28 billion recovered by the Ethics and Anti-Corruption Commission over the past five years. The assets, including cash and immovable property, belong to various public institutions, both at…
- ADDIS ABABA, Sept. 11 (Xinhua) — The African Union (AU) has called on African startups and micro, small and medium-sized enterprises (MSMEs) to embrace innovation and exploit opportunities presented under the African Continental Free Trade Area (AfCFTA) Agreement. The call was made by Albert…
- NAIROBI, Kenya, Sep 11 – Kenya Revenue Authority (KRA) has cut good clearance by 61.17 hours to 51.43 hours (around two days) over the last three years. In the 2021/2022 fiscal year, good clearance at the Port of Mombasa, Inland Container Depots, and at Kenya Railways Corporation Sheds stood at 112…
- LONDON, Sept. 11 (Xinhua) — The monthly real gross domestic product (GDP) of the United Kingdom (UK) is estimated to have remained stagnant in July, according to official data on Wednesday. The UK economy has flatlined for the second consecutive month, according to the Office for National…
- Nairobi, Kenya, Sept 11 – Youth from across Africa have pledged to take a leading role in transforming the continent’s food systems in the lead-up to COP29, scheduled for November in Baku, Azerbaijan. The commitment was part of a declaration made in Kigali, Rwanda, where young Africans called on…
- NAIROBI, Kenya, Sept 11 – BookSmart, a free children’s reading app, has launched its nationwide Mashujaa Wa Kusoma campaign across Nairobi, Nakuru, Kisumu, and Mombasa, aiming to inspire a reading culture in children aged 3-12. The campaign, which runs from July 15 through to October 12,…
- MOSCOW, Sept. 11 (Xinhua) — A Russian freight train derailed late Tuesday in the border region of Belgorod after “interference by unauthorized people,” the local railway operator said Wednesday. The incident occurred at 11:17 p.m. local time (2017 GMT) on the Volokonovka-Novy Oskol section,…
- NAIROBI, Kenya Sept 11 – Bamburi Cement has confirmed receipt of a Sh25.4 billion counter offer from Savannah Clinker Limited (SCL), a local building and construction solutions provider, for the acquisition of up to 100 percent of the former issued shares, subject to regulatory approvals. The…
- NAIROBI, Kenya Sep 11 – Lawmakers are irked following disclosures that the Ministry of Mining, Blue Economy and Maritime affairs revealed that it had spent Sh1.6 billion for fish stock assessment in the Indian Ocean in the 2023/2024 financial year. Members of the National Assembly’s Departmental…
- NAIROBI, Kenya, Sept 11 – Kenya Airports Authority (KAA) now says it is engaging the Kenya Aviation Workers Union (KAWU) in a bid to ensure resumption of normalcy at the Jomo Kenyatta International Airport (JKIA) following a strike by the aviation workers over the controversial Adani deal. KAA, in…
- TOKYO, Sept. 11 (Xinhua) — Tokyo stocks closed lower on Wednesday as investors digested the Trump-Harris first presidential debate ahead of the U.S. election. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, declined for the seventh straight trading day by ending down 539.…
- SEP 11 – With business slumping, Apple has been under pressure to show what it will offer buyers to jumpstart a new wave of iPhone sales. On Monday, the technology giant revealed its hand – the iPhone 16 which has a camera button on the outside of the handset. The button is an external clue […]
- SEP 11 – Absa Bank Kenya has extended support to struggling businesses, renegotiating payment lines to help businesses manage rising finance costs. The lender’s Managing Director and CEO, Abdi Mohamed, said the bank restructured Ksh1.3 billion of loans in the first half of 2024 to help Kenyan…
- NAIROBI, Kenya, Sep 11 – The Retirement Benefits Authority (RBA) has directed pension funds to submit retirement levies for the financial year ended on June 30, 2024. This is contained in a notice shared with trustees, scheme administrators, and other service providers. RBA said that scheme…
- NAIROBI, Kenya, Sep 11 – The Retirement Benefits Authority (RBA) has urged service providers of retirement benefit schemes whose financial year ended on June 30, 2024, to submit their financial statements by the end of this month. In a public notice, the Authority urged trustees, scheme…
- NAIROBI, Kenya, Sep 11- The Kenya Airways has warned of delays and cancellations of flights to and out of Jomo Kenyatta International Airport due to Airport workers strike that has paralysed operations. The Kenya Airport Workers Union on Wednesday morning led demonstration at the Airport against…
- NAIROBI, Kenya, Sep 11- The Kenya Airways has warned of delays and cancellations of flights to and out of Jomo Kenyatta International Airport due to Airport workers strike that has paralysed operations. The Kenya Airport Workers Union on Wednesday morning led demonstration at the Airport against…
- NAIROBI, Kenya, Sept 11 – Jambojet has suspended all its flights landing or taking off from Jomo Kenyatta International Airport (JKIA) due to the ongoing strike by aviation workers against the deal signed by the government and Indian firm Adani. The airline, in a statement, directed its customers…
- NAIROBI, Sept. 11 (Xinhua) — Kenya’s flower exports reached 200,000 metric tons in the first eight months of 2024, a trade association said Tuesday. Clement Tulezi, chief executive officer of the Kenya Flower Council, said the country is on track to surpass last year’s export volumes and record…
- SEP 11 – After years of rumour, speculation and hype, Sony has confirmed it is launching a more powerful – and much more expensive – version of its hugely popular PlayStation 5 console. The PS5 Pro will be able to show more advanced graphics and display the most demanding games at higher, more…
- NAIROBI, Sept. 11 (Xinhua) — Kenya on Tuesday imposed a ban on sugar imports from outside the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC), two regional trade blocs, citing an increase in local production. Andrew Karanja, cabinet secretary for the…
- By Daniel Kiptoo Bargoria NAIROBI, Kenya, Sep 11 – Kenya’s pursuit of a bright and sustainable energy future is well underway, with ambitious infrastructure projects lighting the path forward. However, an often-overlooked component in this journey is licensing, which plays a vital role in ensuring…
- NAIROBI, Kenya, Sep 11 – Passengers have been left stranded at the Jomo Kenyatta International Airport (JKIA) after workers began their strike amid unmet demands over the Adani deal. The protest has impacted various flight routes. The Kenya Aviation Workers Union (KAWU) Assistant Treasurer Daniel…
- NAIROBI, Kenya Sep 10 – Members of Parliament have launched investigations into tax waivers amounting to Sh1.4 billion issued by the Kenya Ports Authority (KPA) in the last financial year, amid concerns that the waivers could be a conduit for corruption. The Senate Committee on Roads,…
- Nairobi, Kenya, Sep 10 – Kenya Power has ruled out an electrical fault as the cause of the fire that claimed the lives of 21 students at Hillside Endarasha Academy in Nyeri last week. Kenya Power in a statement asserted that it cut off power to the school immediately after learning of the fire…
- NAIROBI, Kenya, Sep 10 – Health insurance technology platform M-TIBA has reduced claim approval time for providers by 96 percent through automation. M-TIBA’s platform offers real-time insights that help insurers cut costs, detect unusual behaviors, and manage risks more effectively. This leads to…
- NAIROBI, Kenya, Sept 10- The High Court has issued a stay order prohibiting the government from implementing or acting on the privately initiated lease for the development of additional facilities at the country’s main international airport. Justice John Chigiti granted the stay on Monday following…
- SEP 10 – The new full state pension is expected to rise by £460 a year from April, latest wages data suggests. Under the arrangement called the “triple lock”, the state pension goes up each year by either 2.5%, inflation, or average earnings growth – whichever is the highest figure. Earnings…
- NAIROBI, Kenya, Sept 10 – The New Kenya Co-operative Creameries (New KCC) has re-advertised the position of its Managing Director (MD) as part of efforts to overhaul the dairy sector. This development follows the recent appointment of Wycliffe Oparanya as Cabinet Secretary for Cooperatives and…
- SEP 10 – Europe’s top court has ruled Google must pay a €2.4bn (£2bn) fine handed down for abusing the market dominance of its shopping comparison service. The tech giant had appealed against the fine, which was originally levied by the European Commission in 2017. It was at the time the largest…
- SEP 10 – Apple has been told to pay €13bn (£11bn; $14bn) in unpaid taxes to Ireland by the European Court of Justice (ECJ). The European Commission accused Ireland of giving Apple illegal tax advantages eight years ago but the Irish government has consistently argued against the need for the tax to…
- By Dr. Priscilla Njako SEP 10 – A discussion I was part of some weeks ago got me thinking. The conversation centered on the appropriateness, or otherwise, of legislation existing in the absence of a documented public policy. The debate closed with an explanation from an expert that, in fact, policy…
- NAIROBI, Kenya, September 10 – The Institution of Engineers of Kenya (IEK has called out for more transparency and inclusivity on the proposed lease of the Jomo Kenyatta International Airport (Jkia) to the Adani Airport Holdings Limited. In a statement, IEK President Shammah Kiteme stated that a…
- CANBERRA, Sept. 10 (Xinhua) — Australia’s Prime Minister Anthony Albanese has announced a plan to ban children from using social media. The prime minister stated on Tuesday that the government will introduce legislation in 2024 to enforce a minimum age for access to social media and other relevant…
- NAIROBI, Kenya, Sep 10 – The National Aids and STIs Control Programme (NASCOP) has revealed that at least 140 health facilities across the country have been selected to tend to the accelerating number of advanced HIV patients. Speaking in Machakos at a meeting organised by the National Empowerment…
- NAIROBI, Sept. 10 (Xinhua) – Kenya on Monday called on East African governments to ramp up investments in national cybersecurity strategies to safeguard savings and credit cooperatives (SACCOs) from escalating cyber threats. Cabinet Secretary for Cooperatives and Micro, Small, and Medium…
- SEP 10 – The EU faces an “existential challenge” unless it vastly increases investment and reforms its industrial policy, a report ordered by the European Commission has warned. The wide-ranging and long-awaited review, which was led by former European Central Bank chief Mario Draghi, said the bloc…
- NAIROBI, Kenya, Sep 9 – Getting to Eburru is a hustle. The small town, 34 km away from Naivasha town, is settled on a mountain, 2 856 m above sea level. Early on your ascend, dusty roads, bushes, rocks, and the harsh breath similar to that of a semi-arid environment greet you—a topography that…
- NAIROBI, Kenya, Sep 9 – The Kenya Pipeline Company (KPC) has onboarded Syokinet Solutions, an internet service provider (ISP), into its Mombasa-Nairobi fiber optic cable network. The 1.6 TeraBits Per Second (Tbps) data capacity offers reliable and fast gigabit internet speeds to homes, businesses,…
- SEP 9 – Leaders of two of the biggest unions have added further pressure on the government over its plan to cut winter fuel payments for millions of pensioners in England and Wales. Unite general secretary Sharon Graham told the BBC the government should “do a U-turn”, while head of the PCS union…
- NAIROBI, Kenya, Sep 9 – Ride-hailing platform drivers have striked, demanding better pay amid the rising cost of doing business, which has eaten into their pockets. The protest applies on both Uber and Bolt drivers, among others. A Bolt driver who spoke on condition of anonymity called on operators…
- NAIROBI, Kenya, Sep 9 – The Energy and Petroleum Regulatory Authority (EPRA) plans to introduce tracking devises on LPG cylinders to combat theft. EPRA says that the new solution is aimed at protecting consumers, investors, and other stakeholders in the LPG subsector. “The Authority is on course to…
