- NAIROBI, Kenya, Mar 26 – Liberty Kenya Holdings has announced a 108.5 percent rise in profit after tax, reaching Sh1.402 billion, up from Sh672 million in 2023 for the financial year ending December 31, 2024. The company attributes the growth to strong investment gains, increased insurance earnings…
- LONDON, March 26 (Xinhua) — Britain’s Consumer Prices Index (CPI) rose 2.8 percent year on year in February, down from 3 percent in January, data from the Office for National Statistics (ONS) showed on Wednesday. “Inflation eased in February. Clothing prices, particularly for women’s clothes, was…
- MAR 26 – India and the US have begun bilateral trade negotiations that will continue until Saturday in Delhi. A US delegation, led by Assistant Trade Representative for South and Central Asia Brendan Lynch, arrived in the city on Tuesday for the talks. “This visit reflects the United States’…
- NAIROBI, Kenya, Mar 26 – Public sector agencies have teamed up with leading private enterprises in the agribusiness space, including RooTooba, to drive preparations for the 2025 Financing Agri-Food System (FINAS) conference. Slated for May 20 to 22 at the Kenyatta International Convention Centre (…
- NAIROBI, Kenya, Mar 26 – Kenya’s digital landscape, once a thriving space for open discourse and economic innovation, is facing increased censorship that threatens both civil liberties and business interests. Human rights organizations have raised alarms over mounting threats to online freedoms,…
- KIEV, March 26 (Xinhua) — Washington has proposed a new version of the minerals deal to Kiev based on a previous framework agreement, Ukrainian President Volodymyr Zelensky told reporters on Tuesday. “After the framework deal, a full agreement is being developed. Now the United States has offered…
- NAIROBI, Kenya, Mar 26 – Joy Vipinchandra Bhatt of Moore JVB Consulting has been appointed as the administrator of Lipa Later Limited, a digital consumer credit provider. According to a notice by Moore JVB, Bhatt assumed control of the company’s business, assets, and management affairs on March 24…
- NAIROBI, Kenya, Mar 26 – Rhino Ark, in collaboration with Austrian tech firm IT-Revolutions, has introduced an AI-powered system to enhance the management of the upcoming Black Rhino sanctuary in the Aberdares. The AI-based hyena detection system will be deployed across six corridors linking the…
- NAIROBI, Kenya, Mar 26 – Rhino Ark, in collaboration with Australian tech firm IT-Revolutions, has introduced an AI-powered system to enhance the management of the upcoming Black Rhino sanctuary in the Aberdares. The AI-based hyena detection system will be deployed across six corridors linking the…
- MAR 26 – The free messaging app Signal has made headlines after the White House confirmed it was used for a secret group chat between senior US officials. The editor-in-chief of the Atlantic, Jeffrey Goldberg, was inadvertently added to the group where plans for a strike against the Houthi group in…
- NAIROBI, Kenya, Mar 26 – The National Assembly’s Finance and National Planning Committee has demanded scrutiny over the Sh2 billion loss incurred by the National Social Security Fund (NSSF), summoning the Capital Markets Authority (CMA) to explain its failure to act on irregular bond transactions…
- NAIROBI, Kenya, Mar 26– Despite geopolitical and trade tensions, Kenyan CEOs remain optimistic about economic growth, with 60 percent expecting global improvement and 48 percent expressing confidence in the local economy, according to PwC’s 2025 CEO Survey released today. While optimism prevails,…
- WASHINGTON, March 26 (Xinhua) — America’s “fiscal strength is on course for a continued multiyear decline,” the Financial Times reported, citing credit rating group Moody’s. U.S. President Donald Trump’s trade tariffs could hamper the country’s ability to cope with a growing debt pile and higher…
- By Nzola Miranda As artificial intelligence (AI) continues to advance and transform various industries, a prevailing concern has arisen: Will AI render human labour obsolete? Reports highlighting automation, robotic workers, and self-driving vehicles frequently provoke anxiety regarding a future in…
- NAIROBI, Kenya, Mar 25 – NCBA Group mobile loans grew by 23 percent to Sh1 trillion in the 2024 fiscal year compared to a similar period in 2023, boosted by a financial inclusion campaign that reached over 60 million users. An increase in digital loans contributed to the Group’s profit after tax…
- NAIROBI, Kenya Mar 25 – The Central Bank of Kenya (CBK) has warned commercial banks against failing to lower interest rates in line with monetary policy adjustments under the Risk-Based Credit Pricing Model (RBCPM). Appearing before the National Assembly Finance Committee, CBK Governor Kamau Thugge…
- NAIROBI, Kenya, Mar 25 – The cost of living in Kenya is escalating as maize prices surge by 45%, hitting Sh4,800 per bag since January, with projections reaching Sh5,500 by April. The spike threatens food security, with ugali, the nation’s staple, becoming increasingly unaffordable. The Poultry…
- ADDIS ABABA, March 25 (Xinhua) — The Ethiopian government is set to finalize its World Trade Organization (WTO) accession process in March 2026, the state-run Ethiopian News Agency reported Monday. Ethiopia plans to conclude its WTO accession process at the organization’s 14th Ministerial…
- NAIROBI, Kenya, Mar 25 – Kenya Airways (KQ) posted a Sh5.4 billion profit after tax for the full year ending December last year, an improvement from a loss of Sh22.6 billion reported during a similar period in 2023. The national carrier attributed improved profit to an increase in operating profit…
- NAIROBI, Kenya, Mar 25 – Kenyans are borrowing Sh500 million daily from digital lenders such as Tala and M-Kopa, among others, a new report shows, highlighting the crucial role online lenders play in the country. With over 8 million Kenyans, or about 16 percent of the population, actively borrowing…
- MAR 25 – China has released five staff members of US due diligence firm Mintz Group, two years after they were detained as part of a crackdown on consulting firms working with foreign businesses. Their detention in March 2023 came at a time of heightened suspicion of foreign espionage in China and…
- NAIROBI, Kenya, Mar 25 – The Ministry of Agriculture and Livestock Development has declared a zero-tolerance policy on False Codling Moth (FCM), vowing full compliance with stringent European Union (EU) regulations to protect Kenya’s multi-billion-shilling flower export industry. Agriculture…
- MOGADISHU, March 25 (Xinhua) — Somalia officially became the 53rd member of the African Export-Import Bank (Afreximbank) on Monday, as the East African country seeks to boost intra-African trade and economic growth. The African multilateral financial institution said Somalia formally acceded to its…
- NAIROBI, Kenya, Mar 25 – ICT Cabinet Secretary William Kabogo has raised alarm over the growing threat of electronic waste in East Africa, calling for urgent measures to tackle what he termed a ticking environmental time bomb. Speaking at the opening of the seventh EACO Regional E-Waste Awareness…
- MAR 25 – Chinese electric vehicle maker BYD has reported annual revenue for 2024 that has leapfrogged rival Tesla. The Shenzhen-based firm says revenue rose by 29% to come in at 777 billion yuan ($107bn; £83bn), boosted by sales of its hybrid vehicles. This topped the $97.7bn reported by Elon Musk’…
- NAIROBI, Kenya, Mar 25 – KCB Group has acquired a majority shareholding in Riverbank Solutions, a fintech firm associated with former Football Kenya Federation President Nick Mwendwa. The deal, which was signed yesterday, will see the Kenyan lender acquire 75 percent of the IT firm. Once the…
- MAR 25 – South Korean carmaking giant Hyundai has unveiled $21bn (£16.3bn) of investment in the US just days before President Donald Trump is set to impose new tariffs on trading partners. The plan includes a new $5.8bn steel plant in the southern state of Louisiana. Hyundai also said it will…
- BOAO, Hainan, March 25 (Xinhua) — The weighted real GDP growth rate of Asia is projected to reach 4.5 percent in 2025, an increase from 4.4 percent in 2024, according to a report released by the Boao Forum for Asia Tuesday. “Despite increasing global economic uncertainty, Asia has remained as a key…
- NAIROBI, Kenya, Mar 25 – Adverse weather, foreign currency fluctuations, and geopolitical tensions in the Middle East created a tough trading environment for listed superfoods producer Kakuzi Plc in 2024, leading to a pre-tax loss of Sh167 million, the company has announced. In its 2024 financial…
- NAIROBI, Kenya, Mar 24 – The High Court in Nairobi has upheld the governance of The Kenya Hospital Association (KHA), the entity that owns and operates The Nairobi Hospital, putting on hold a petition that sought to challenge the validity of its board elections held on December 4, 2024. Justice…
- HELSINKI, March 24 (Xinhua) — Tariff hikes proposed by the United States could significantly impact Finland’s economy, potentially reducing its gross domestic product (GDP) by as much as 1.6 percent, a Finnish research institute warned on Monday. In its latest report, the Research Institute of the…
- MAR 24 – UK taxes on big tech firms may be changed as part of a deal to avoid US President Donald Trump’s next raft of tariffs, Chancellor Rachel Reeves has suggested. She said talks are “ongoing” about tweaks to the Digital Services Tax (DST), which affects global tech giants like Amazon and Meta…
- NAIROBI, Kenya, Mar 24 – The Court of Appeal has dismissed Stanbic Bank’s request to suspend a High Court ruling, rejecting the bank’s attempt to have Judge Nixon Sifuna recused from the case over an alleged breach of banking regulations. In its ruling, the Appellate Court acknowledged that the…
- March 24 – India is poised to make significant strides in global trade, contributing 6% to the world’s trade growth over the next five years, according to a joint report by DHL and the New York University Stern School of Business. The report places India just behind China at 12% and the United…
- NAIROBI Kenya, Mar 24 – The High Court has extended interim orders suspending the Communications Authority of Kenya’s directive requiring travelers entering Kenya to declare their International Mobile Equipment Identity numbers when bringing phones into the country. Justice Chacha Mwita granted the…
- NAIROBI, Kenya Mar 24 – The Super Metro Sacco Matatu has been reinstated pending an inter-parties hearing by the Transport Licensing Appeals Board. An order issued by Chairman Dr. Adrian Kamotho indicated that the fleet is “at liberty to immediately resume operations in due compliance with the law…
- NAIROBI, Kenya, Mar 24 – Ecobank Kenya has grown its capital base to Sh8.5 billion with a Sh3.5 billion injection. Under the Business Laws (Amendment) Act, which was passed by the Kenyan Parliament, big financial institutions are required to increase their minimum core capital requirements to Sh10…
- MAR 24 – Government running costs will be cut by 15% by the end of the decade, the chancellor has promised. Rachel Reeves told the BBC savings would be made from back office and administrative roles rather than front-line services. But unions warned the impact of cuts would still be felt by the…
- MAR 22 – Popular DNA testing firm 23andMe has filed for bankruptcy protection, and announced that its co-founder and CEO, Anne Wojcicki, has resigned with immediate effect. The company will now attempt to sell itself under the supervision of a court. 23andMe said in a press release that it plans to…
- NAIROBI, Kenya, Mar 24 – The Court of Appeal of Nairobi has grounded a decision by the High Court involving an appeal by the West Kenya Sugar Company Ltd to quash the decision made by the Agriculture and Food Authority to register the Butali Sugar Mills Limited to operate a sugar mill. In a ruling…
- MAR 24 – Disney’s live-action version of the classic fairy-tale Snow White has topped the North American box office chart despite a slew of underwhelming reviews. The movie has taken an estimated $87.3m (£67.5m) globally during its opening weekend, according to Box Office Mojo. Almost half of that…
- NAIROBI, Kenya, Mar 24 – President William Ruto has welcomed the Cross-Car Project, an initiative aimed at developing young motorsport talent in Kenya through local car manufacturing. Supported by the FIA, WRC Promoter, and ASN, the project will collaborate with technical training colleges to…
- NAIROBI, Kenya, Mar 22 – Global Water Center (GWC) has rolled out a new project to improve access to safely managed water across East Africa, backed by $1.1 million (Sh142.5 million) in grants from the Grundfos Foundation and The Coca-Cola Foundation. The initiative, covering Kenya, Tanzania,…
- NAIROBI, Kenya, Mar 22 – As the 2025 WRC Safari Rally wraps up at Naivasha’s Hell’s Gate, local vendors are celebrating a business boom, thanks to the influx of motorsport fans. Thousands of rally enthusiasts have fueled demand for food, beverages, and accommodation, with vendors like Teresia…
- NAIROBI, Kenya, March 21, 2025 – Dementia is rapidly becoming one of Kenya’s most pressing health challenges, yet stigma, misinformation, and a lack of awareness continue to hinder early diagnosis and care. Thousands of families struggle in silence, often dismissing symptoms—such as memory loss,…
- NAIROBI, Kenya, Mar 22 – Energy Secretary Ed Miliband has ordered an urgent investigation into the power outage caused by a substation fire that shut Heathrow Airport on Friday. The investigation, led by the National Energy System Operator (NESO), would build a “clear picture” of the incident and…
- MAR 23 – A farmer works in a field benefited from the Lower Nzoia Irrigation project in Siaya County, western Kenya, on Feb. 20, 2025. Built by China’s Sino Hydro Company Limited, the Lower Nzoia Irrigation project is a national project domiciled in the Ministry of Water and Irrigation. Its…
- MAR 22 – Every Uber driver in the UK will be eligible for 20 hours of free childcare under a new scheme intended to get more women driving taxis. They will be able to use the allowance through a nannying and babysitting app for the rest of 2025. “We really, really would like to attract […]
- NAIROBI, Kenya, Mar 22 – African governments must establish robust mechanisms to measure the impact of agricultural policies on women to fully capitalize on the continent’s investment in agriculture, according to a coalition of civil society organizations advocating for resilient and sustainable…
- NAIROBI, Kenya, Mar 22 – Jumia Kenya is stepping up efforts to integrate small businesses into the digital economy, hosting a benchmarking tour that provided 30 entrepreneurs with hands-on training in e-commerce operations. The session, held at Jumia’s Nairobi facility, offered practical insights…
