- NAIROBI, Kenya Aug 26 – Digital insurance platform mTek has inked a new deal with UzaPoint to enable Small and Medium Enterprises (SMEs) access fully digital insurance products. The partnership will empower UzaPoint, a resource planning tool for small, medium, and large enterprises, to offer…
- NAIROBI, Kenya, Aug 26 – Absa Bank has reported a 29 percent increase in profit after tax, reaching Sh10.7 billion in the first half of 2024, compared to the same period last year. The lender attributes the growth to revenue generation across all its business segments and a growing demand for soft…
- AUG 26 – In a move that could further strain China-US relations and potentially hamper technological advancement, the United States government is expected to impose new restrictions on the use of Chinese-made software in autonomous vehicles. The latest development is part of a broader trend of…
- NAIROBI, Kenya, Aug 26 – Treasury Cabinet Secretary John Mbadi now says there is money available to employ Junior Secondary School (JSS) teachers on permanent and pensionable terms. In what appeared to be a U-turn from his previous statement where he stated that the exchequer has no money to employ…
- AUG 26 – Fish and chips is a British family favourite equally enjoyed around the table on a Friday night or out of the paper on an often overcast beach. But the deep fried delicacy has seen the biggest price increase of some of the UK’s most popular takeaways, according to new figures. The average…
- PARIS, Aug. 26 (Xinhua) — After the arrest of the Telegram chief executive officer (CEO), the owner of the U.S. social media platform X Elon Musk, and former U.S. National Security Agency contractor Edward Snowden both condemned this arrest and stressed the freedom of speech on Sunday. The founder…
- NAIROBI, Kenya, Aug 26 – Ride-hailing platform Bolt has increased earnings for drivers by 10 percent to cushion them from rising operational costs. The Estonian-based firm said that the hike will apply across all its ride categories. For example, with the extra 10 percent, a trip that would…
- AUG 26 – A “right to disconnect” rule has come into effect in Australia, offering relief to people who feel forced to take calls or read messages from employers after they finish their day’s work. The new law allows employees to ignore communications after hours if they choose to, without fear of…
- AUG 26 – Messaging app Telegram has said its CEO Pavel Durov, who was detained in France on Saturday, has “nothing to hide”. Mr Durov was arrested at an airport north of Paris under a warrant for offences related to the app, according to officials. The investigation is reportedly about insufficient…
- NAIROBI, Kenya, Aug 26 – COMESA Competition Commission has announced that it will launch an investigation on Yamaha Motor following an alleged anti-competitive conduct. In a notice by the CCC director Willard Mwemba, the motor company is believed to have concluded exclusive distributor agreements…
- AUG 26 – Two Nasa astronauts who have been stuck in space for over two months will return to Earth in February 2025 with SpaceX. Nasa said the Boeing Starliner spacecraft the astronauts Sunita Williams and Barry Wilmore had travelled to International Space Station (ISS) on would return to Earth “un…
- MOSCOW, Aug. 26 (Xinhua) — Telegram founder Pavel Durov was arrested by French police at an airport outside Paris on Saturday night, Russian Foreign Ministry Spokesperson Maria Zakharova said on Telegram Sunday. Durov, holding French citizenship, was arrested on charges allegedly related to…
- NAIROBI, Kenya – August 26 – In a country where informal cooperative societies, popularly known as chamas, have long been the bedrock of financial stability and progress, new challenges are emerging as these groups expand and diversify. Traditionally, chamas have been instrumental in helping Kenyan…
- AUG 24 – Icelandic supermarkets have been left in a pickle, after a viral TikTok trend saw an unprecedented surge in demand for cucumbers – leaving suppliers racing to keep up. It comes after social media influencers in the small Nordic country began sharing a salad recipe of grated cucumbers,…
- AUG 24 – A US campaign group has accused Boeing of concealing information about electrical problems on a plane that later crashed. The Foundation for Aviation Safety claimed the aircraft, which went down in Ethiopia in 2019, had suffered a number of issues, including an “uncommanded roll” at low…
- NAIROBI, Kenya, August 23 – The property developer Mi Vida has announced the launch of the new KEZA project in Ruaka Town as demand for housing grows. In a statement, the real estate developer stated that the project, which will now be the second, will be offering 1, 2, and 3-bedroom apartments.…
- NEW YORK, Aug. 23 (Xinhua) — The U.S. Justice Department and eight states on Friday sued real-estate software company RealPage, accusing the company of deploying a rent-setting algorithm that allows landlords to illegally coordinate price increases. The civil suit, filed in the Middle District of…
- LOS ANGELES, Aug. 23 (Xinhua) — Elon Musk’s brain-machine interface company Neuralink has implanted its brain device in a second patient and the surgery “went well,” according to the company. The patient, first-named Alex, received his Neuralink implant (Link) last month at the Barrow Neurological…
- NAIROBI, Kenya, Aug 24 – Former Public Service Cabinet Secretary (CS) Moses Kuria has been appointed by President William Ruto as a senior advisor in the Council of Economic Advisors (CEA). Head of Public Service Chief of Staff Felix Koskei said that Kuria will add expertise to the team, bolstering…
- SEOUL, Aug. 23 (Xinhua) — An arrest warrant was sought for those responsible for South Korea’s battery plant fire in June that claimed 23 lives, Yonhap news agency reported on Friday, citing the police and the labor ministry. The police and the labor ministry held a joint press conference after…
- NAIROBI, Kenya, August 23 – Kenya has recorded an upsurge in artificial intelligence (AI) searches, highlighting growing interest in the technology. According to Google, Kenya has the fourth highest search interest in AI in Africa and ranks 13th globally this year. In Kenya alone, searches for ‘…
- AUG 23 – A seaside hotel and former bank offices on the Isle of Man have been used by scammers conning victims in China out of millions of dollars, a BBC World Service investigation has found. The dining room and lounge at the Seaview Hotel in Douglas were packed with dozens of Chinese workers, we…
- By Phyllis Migwi and Dr Girmaw Abebe Tadesse AUG 23 – After years of drought, the sudden arrival of heavy rain that began in Kenya late last year seemed like a long-awaited turn in fortune. However, as the rain continued to fall, the celebrations quickly turned into a nightmare, with people swept…
- NAIROBI, Kenya, Aug 23 — The National Government Constituencies Development Fund (NG-CDF) Committee has launched a spirited campaign opposing a proposed consolidation of all public-funded bursary scheme into one to enhance education financing. Members of the committee launched a coordinated…
- NAIROBI, Kenya, Aug 22 – Technology firm Adbud Tech has rolled out an innovative artificial intelligence (AI) and computer vision-based tracking and measurement system designed to provide real-time data on pedestrian and vehicular transit and behavior. The company says the moves mark a critical…
- VIENNA, Aug. 23 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) Secretariat said Thursday that it received updated compensation plans from Iraq and Kazakhstan for their overproduced oil volumes in the first seven months of 2024. OPEC said in a statement that Iraq…
- NAIROBI, Kenya, Aug 23 — Lawmarkers are now pushing for the New Kenya Co-operative Creameries (KCC) to reconsider supplying milk to government agencies that have failed to settle their debts. This is after it emerged the milk processor is owed Sh184.3 million by various government ministries.…
- NAIROBI,Kenya Aug 23 – The Public Service Commission found itself in a tight spot following revelations that showed it defied its own directive by employing staff above the mandatory retirement age of 60. Revelations made before the National Assembly Public Accounts Committee (PAC) showed the…
- By Fridah Kisinga AUG 23 – Undernutrition is a severe public health concern, with consequences that extend far beyond the healthcare sector and into other economic realms. Globally, undernutrition accounts for 2.7 million child deaths. Getting nutrition correctly in the early years of a child’s…
- AUG 23 – Chinese fast fashion giant Shein says it found two cases of child labour in its supply chain last year as it tightens scrutiny of the companies that make the clothes it sells. The firm says it temporarily suspended orders from the suppliers involved and did not resume business with them…
- NAIROBI, Kenya, Aug 23 – Manufacturer and distributor of hygiene, tissue, and home care products, Kim-Fay has secured funding to open a new production line at Tatu City in Kiambu County. The boost comes from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank. In the…
- Nairobi, Kenya, Aug 23 – Over the past month, the ride-hailing industry in Kenya has been marked by unrest as drivers demand better rates to sustain their livelihoods amidst rising costs. With increased competition from both local and international players, the industry has faced disruptions. In…
- NAIROBI, Kenya, Aug 22 — The government has called on parents to register all school-going children as dependents on the Social Health Insurance Fund (SHIF) before the commencement of the third term on August 26. This directive follows the enactment of the Social Health Insurance Act 2023 which…
- NAIROBI, Aug. 22 (Xinhua) — Moja EV Kenya, a Chinese firm, has ramped up marketing of its flagship Neta electric cars, targeting taxi drivers in the country’s coastal region in a bid to enlarge its footprint in East Africa’s largest economy. Erick Lumallas, the personal assistant to the company’s…
- TOKYO, Aug. 23 (Xinhua) — Bank of Japan (BOJ) Governor Kazuo Ueda on Friday warned that markets at home and abroad remain unstable, adding the authorities will closely monitor the situation with extremely high vigilance after a market rout earlier this month following the central bank’s latest…
- NEW YORK, Aug. 22 (Xinhua) — Ford Motor’s decision this week to kill a highly touted future electric vehicle is a sign that the industry’s pullback on electric vehicles is deepening, reported The Wall Street Journal (WSJ) on Thursday. The Dearborn, Michigan, automaker said on Wednesday it is…
- KATHMANDU, Aug. 22 (Xinhua) — Nepal’s cabinet on Thursday lifted a months-long ban on the popular short-video app TikTok, a cabinet minister said. “The cabinet decided to lift the ban on TikTok under certain conditions,” said Prithvi Subba Gurung, minister for communication and information…
- NAIROBI, Kenya, Aug 22 – Real estate company AMG Realtors has announced that it will be venturing into the American market with the launch of a land investment offering in Dallas, Texas. The new investment, dubbed Kenya One, will cater to a diverse range of buyers, including first-time home buyers…
- NAIROBI, Aug. 22 (Xinhua) — The setting up of critical infrastructure in Kenya’s Konza Technopolis, a smart city, has gathered steam to facilitate a digital and green economic transition that promises jobs and renewal, officials said. The smart city, located about 70 km southeast of Nairobi, the…
- NAIROBI, Kenya, Aug 22 – NCBA Group net profit in the six months to June this year jumped by 5 percent to Sh9.8 billion, up from Sh9.4 billion recorded during the same period last year. Enhancement of customer experience and operational efficiency helped grow revenue. “We are pleased to announce…
- Nairobi, Kenya, Aug 22 – Chinese video sharing platform TikTok has unveiled its first-ever Sub-Saharan Africa Safety Advisory Council anchored on bolstering safety within the platform. This initiative is part of TikTok’s broader strategy to ensure that its policies, product features, and safety…
- AUG 22 – The second-largest diamond ever found – a rough 2,492-carat stone – has been unearthed in Botswana at a mine owned by Canadian firm Lucara Diamond. It is the biggest find since the 3,106-carat Cullinan diamond, found in South Africa in 1905 and cut into nine separate stones, many of which…
- NAIROBI, Kenya, Aug 22 – Smallholder tea farmers fertilisers are set to arrive in the country next month ahead of the short rains beginning in October. KTDA Management Services (KTDA MS) says that it ordered 97,000 metric tonnes (MT) of fertiliser for the 2024/2025 season, an increase from the 88,…
- NAIROBI, Kenya, Aug 22 – Tea farmers fertilisers are set to arrive in the country next month ahead of the short rains beginning in October. KTDA Management Services (KTDA MS) says that it ordered 97,000 metric tonnes (MT) of fertiliser for the 2024/2025 season, an increase from the 88,000 MT…
- NAIROBI, Kenya, Aug 22 – Mobility service provider AA Kenya has rolled out a USSD code to enable motorists to seamlessly sign up for membership with the company at a discounted rate. Motorists who sign up via the USSD code will be able to access benefits that include road rescue and towing services…
- AUG 22 – The newly announced boss of Starbucks, Brian Niccol, has come under fire after it was revealed he will commute almost 1,000 miles (1,600km) from his family home in Newport Beach, California, to the firm’s headquarters in Seattle on a corporate jet. Critics on social media have noted what…
- Nairobi, Kenya, Thursday, August 22, 2024 – Kenyans have been assured of affordable and reliable hydroelectric power (HEP) despite recent reductions in rainfall. The Kenya Electricity Generating Company (KenGen) attributes this to proactive water management at the Seven Forks dams in Embu and…
- NAIROBI, Kenya, Aug 22 – American satellite internet provider Starlink has launched a rental option, allowing Kenyans to acquire internet hardwares in installments. The company, owned by billionaire Elon Musk, said that customers can now access its internet service by paying a one-time activation…
- SACRAMENTO, United States, Aug. 22 (Xinhua) — A new study raised significant concerns about the nutritional quality of infant and toddler foods currently sold in the United States with misleading marketing claims. A staggering 60 percent of these products failed to meet international nutrition…
- NAIROBI, Kenya, Aug 22 – The National Bank of Kenya (NBK) has posted a net profit of Sh839 million in the half year ended June 30, 2024, an improvement from a pre-tax loss of Sh3.8 billion recorded during a similar period last year. NBK attributes the performance to a 20 percent increase in the…
