- NAIROBI, Kenya, Dec 4 – Kenya Sugar Board (KSB) Chairman Eng. Nicholas Gumbo has championed the introduction of annual bonus payments for sugarcane farmers, similar to those received by tea and coffee farmers. Gumbo emphasized that significant reforms are needed to ensure farmers benefit as much…
- ACCRA, Dec. 3 (Xinhua) — The executive board of the International Monetary Fund (IMF) has approved the third review of Ghana’s reforms, paving the way for immediate disbursement of 360 million U.S. dollars to support reform efforts, a release by the IMF said late Monday. The new approval brings…
- NAIROBI, Dec. 3 (Xinhua) — Kenya’s mobile phone service provider Airtel on Tuesday partnered with Moja Expressway Company, a Chinese firm that manages the 27.1 km Nairobi Expressway, to introduce toll fee payment options. The collaboration introduces Airtel Kenya’s mobile money service Airtel Money…
- ANKARA, Dec. 3 (Xinhua) — Türkiye’s annual inflation rate eased to 47.09 percent in November, marking its lowest point since June 2023, according to official data released Tuesday. The decline represents the sixth consecutive month of easing inflation, down from October’s 48.58 percent, the Turkish…
- NAIROBI, Kenya, Dec 3 – The National Treasury is exploring alternative public-private partnership (PPP) models to finance the country’s mega infrastructure projects following the cancellation of Adani Group-led initiatives for the Jomo Kenyatta International Airport (JKIA) and the Kenya Electricity…
- WASHINGTON, Dec 3 (Xinhua) — The U.S. Federal Reserve warned Monday that it may fail to bring inflation back to its 2 percent target, as recent data suggest that progress on lowering inflation “may be stalling.” The U.S. personal consumption expenditures (PCE) price index, the Fed’s preferred…
- NAIROBI, Kenya, Dec 3 — The Higher Education Loans Board (HELB) has advertised the Chief Executive Officer (CEO)/Board Secretary position, signaling the end of Charles Ringera’s leadership after serving since 2013. In a notice issued Monday, HELB announced that the new CEO will oversee…
- DEC 3 – Tesla chief executive Elon Musk’s record-breaking $56bn (£47bn) pay award will not be reinstated, a judge has ruled. The decision in the Delaware court comes after months of legal wrangling and despite it being approved by shareholders and directors in the summer. Judge Kathaleen McCormick…
- NAIROBI, Kenya, Dec 3 — Jambojet has reported an incident involving a parked aircraft that rolled off the ramp and collided with a pole during routine overnight maintenance at Jomo Kenyatta International Airport (JKIA). The impact damaged the aircraft’s nose, but no injuries were recorded. In a…
- NAIROBI, Kenya, Dec 3 — The National Treasury has begun searching for a new Director General (DG) for Public-Private Partnerships (PPP), following the ouster of former office holder Christopher Kirigwa in March. In an advertisement issued through the Public Service Commission (PSC), the Treasury…
- PHNOM PENH, Dec. 3 (Xinhua) — The U.S. decision to impose tariffs on solar panel imports from four Southeast Asian nations will hinder global efforts to combat climate change and negatively impact American consumers, Cambodian experts have said. Kin Phea, director general of the International…
- NAIROBI, Kenya, Nov 30 – Mini-grid company WeLight has connected 186 villages across Africa to electricity, including 172 in Madagascar and 14 in Mali, as part of its rural electrification initiative. Since January 2024, WeLight has connected 10,000 people monthly, directly electrifying 200,000…
- ANKARA, Dec. 2 (Xinhua) — Türkiye’s high cost of living is pushing an increasing number of seniors back into the workforce to make ends meet, according to a leading pensioners’ association. High inflation, a devalued Turkish lira, and stagnant pensions have left retirees struggling to cover basic…
- NAIROBI, Kenya Dec 3 – Organizations in both Public and Private sectors have been urged to ensure that governance frameworks put in place are fully implemented. Deputy Chief of Staff in the Executive Office of the President, Performance and Delivery Management Eliud Owalo who was speaking at the…
- YAOUNDE, Dec. 2 (Xinhua) — Cameroon’s economy is forecast to grow by 4.1 percent in 2025, up from 3.8 percent in 2024, according to the country’s Prime Minister Joseph Dion Ngute. Ngute made the announcement while delivering the 2025 state budget to the National Assembly Sunday night. Cameroon’s…
- NAIROBI, Kenya, Dec 2 – Equity Group CEO James Mwangi has been appointed to the World Bank Group’s High-Level Advisory Council on Jobs. The council, which was launched during the 2024 World Bank Group-IMF Annual Meeting in Washington, D.C., will provide critical guidance on creating job…
- NAIROBI, Kenya, Dec 2 – Tatu City has been appointed the Regional Office and National Contact Point for the World Free Zones Organization (WFZO). The formal announcement was made at the 9th African Economic Zones Organization Annual Meeting held at the Kenyatta International Convention Centre in…
- By Dr. Winnie Owila DEC 2 – Every November 18 to 24 is World AMR Awareness Week. The global community comes together to mark World Antimicrobial Resistance Awareness Week (WAAW), a looming global crisis that threatens the foundations of modern medicine. Directly responsible for approximately 1.27…
- NAIROBI, Kenya Dec 3 — Geminia Life Insurance has raised an alarm on the significant financial vulnerability of SACCOs in Kenya due to the lack of credit insurance to safeguard against loan defaults caused by unforeseen circumstances such as the death of borrowers. According to the SACCO Society…
- COLOMBO, Dec. 2 (Xinhua) — Sri Lanka’s Hambantota International Port will revitalize its container operations with a 41-million-U.S.-dollar crane upgrade, set to be fully operational by January 2025, the Hambantota International Port Group (HIPG) said in a press statement on Monday. The enhancement…
- DEC 2 – Top UN court to rule on The world’s top court has begun hearing evidence in a significant case that may clarify the legal responsibilities of governments in relation to climate change. The International Court of Justice (ICJ) in The Hague will hear testimony from nearly 100 countries…
- NAIROBI, Kenya, Dec 2 – Ride-hailing company YEGO Mobility has signed a partnership with SGA Security to enhance passenger safety through advanced security measures and rapid response services. Under the deal, YEGO will leverage SGA Security’s extensive infrastructure and fleet to provide real-time…
- NAIROBI, Kenya, Nov 2 – Schneider Electric has partnered with ImeXolutions to unveil the Altivar™ Process Modular Drives, an intelligent low-voltage process drive system designed for seamless integration into industrial settings. The partners say the drives, which boast capacities ranging from 110…
- NAIROBI, Kenya, Dec 2 – Nairobi has been ranked 6th among the top 30 most attractive cities in Africa by The Africa Report and its sister magazine, Jeune Afrique. The ranking assessed African cities based on quality of life, infrastructure and housing, employment and economic opportunities,…
- WELLINGTON, Dec. 2 (Xinhua) — New Zealand saw 2,850 new homes consented last month, down 6.9 percent compared with October 2023, according to the statistics department Stats NZ on Monday. A total of 1,487 multi-unit homes, including townhouses, apartments, retirement village units, and flats, were…
- Nairobi, Kenya Dec 2 – Efforts to bolster Kenya as the best tourist destination has been boosted despite the upheavals facing the tourism sector including global economic crises and heavy taxation. Twiga Tours, one of Kenya’s leading tour operators, has secured the prestigious World’s Leading Tour…
- DEC 2 – The boss of car making giant Stellantis – which owns brands including Chrysler, Vauxhall, Jeep, Fiat and Peugeot – has stepped down with immediate effect. Carlos Tavares’ abrupt exit comes two months after Stellantis issued a profit warning. Last week, the firm also announced plans to close…
- DEC 2 – US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote […]
- NAIROBI, Kenya, Dec 2 – The Central Bank of Kenya (CBK) Governor Kamau Thugge has blamed lack of infrastructure as a major stumbling block for Financial Technology (FinTech) growth in Africa. Thugge, who spoke during 61st Biannual plenary hosted by the African Economic Research Consortium (AERC) in…
- TOKYO, Dec. 2 (Xinhua) — Japan’s corporate profits saw the first year-on-year decrease in seven quarters for the July-September period as intensifying competition with overseas firms and a temporary yen appreciation dragged down manufacturing profits, government data showed Monday. Profits for all…
- NAIROBI, Kenya, Dec 2 – The National Biosafety Authority (NBA) now requires individuals rearing Genetically Modified Organisms (GMOs) to register and obtain approval, following the High Court’s November 7 ruling lifting the 2012 ban on GMO cultivation. NBA has emphasized strict adherence to…
- DEC 1 – Jubilee Health Insurance (JHI) has been named the Winner of the Brand Communication Campaign of the Year Award at the prestigious MSK Awards, recognizing the company’s innovative and impactful Always With You campaign. The Marketing Society of Kenya (MSK) Awards celebrate excellence in…
- ADDIS ABABA, Nov. 30 (Xinhua) — Ethiopia’s national flag carrier, Ethiopian Airlines, announced on Saturday the resumption of passenger flights to Monrovia, the capital of Liberia, effective Nov. 30. The inaugural flight was celebrated in the presence of several high-ranking officials from both…
- NAIROBI, Kenya, Nov 30 – Dealroom.co, GrowthAfrica, and Systemic Innovation have launched the Kenya Startup Ecosystem Platform, an open-access digital hub aimed at enhancing visibility and data-sharing within Kenya’s startup ecosystem. The platform offers real-time insights into startups, funding…
- NAIROBI, Kenya, Nov 29 – The uptake of microinsurance in Kenya has surged by 72% over recent years, driven by demand for affordable and accessible coverage, according to a new report by the Association of Kenya Insurers (AKI). Popular products include health, last expense, personal accident, and…
- DHAKA, Nov. 30 (Xinhua) — Internet services across Bangladesh will be disrupted temporarily for three hours on the night of Dec. 2 due to maintenance of the country’s first submarine cable. SEA-ME-WE 4, the country’s first submarine cable system, is located in Cox’s Bazar district, some 400 km…
- NAIROBI, Kenya, Nov 30 – Tech firm Zoho has entered into a strategic partnership with the Kenya Network Information Centre (KeNIC), the registry managing Kenya’s .ke domains, to offer enhanced value to local businesses. Under the agreement, Zoho will provide wallet credits worth KSh 50,000 to…
- NAIROBI, Kenya, Nov 30 – Safaricom has unveiled its enhanced 5G for Business service, targeting small and medium-sized enterprises (SMEs) with faster, more reliable connectivity at affordable rates. The upgraded service delivers speeds up to five times faster than before, enabling businesses to…
- NOV 30 – Schneider Electric has unveiled the Africa Explorer Programme, a cross-continent initiative aimed at developing early-career African professionals through international exposure, skills training, and leadership opportunities. The programme, part of Schneider Electric’s Africa Talent…
- SAN FRANCISCO, Nov. 29 (Xinhua) — The Thanksgiving Day on Thursday generated 33.6 billion U.S. dollars in sales online globally, an increase of 6 percent from a year ago, Salesforce said Friday, adding the U.S. market alone went up 8 percent to 8.1 billion dollars, and Europe was also a standout…
- KISUMU, Kenya, Nov 30 – Carrefour Supermarket will close its store at Mega Plaza along Oginga Odinga Street by November 30, 2024, rendering hundreds of employees jobless and impacting local suppliers. In a notice dated November 27, Majid Al Futtaim Retail, Carrefour’s operator, attributed the…
- NOV 29 – Forex trading offers the potential for significant profits, but in order to maximize those profits, traders need sound strategies. Here are some of the top forex trading strategies that can help traders make the most of their trading. Use Support and Resistance Levels When engaging in…
- BANDAR SERI BEGAWAN, Nov. 29 (Xinhua) — Thirty-eight families affected by recent fires, house collapses, and strong wind incidents have received financial assistance from the Sultan Haji Hassanal Bolkiah Foundation of Brunei, local media reported on Friday. According to the local daily Borneo…
- ELDORET, Kenya, Nov 29 – Eldohub is set to launch the first-ever Eldoret City Investors Forum, positioning Eldoret as a premier destination for investment and innovation. The event, organized in partnership with the UK Kenya Tech Hub and the British High Commission, will bring together investors,…
- NAIROBI, Kenya Nov 29- Kenya is set to host the inaugural Tech Run event that aims to unlock tech innovations across the country. The event organized by Eldohub, an education, innovation and tech organization in partnership with UK Kenya Tech Hub and the British High Commission, will be held on 1st…
- NAIROBI, Kenya, Nov 29 – The International Livestock Research Institute (ILRI) has marked five decades of research and collaborative partnerships with focus on bolstering its stance on sustainability. ILRI says its operations continues to have far reaching effects on transforming livestock systems…
- NOV 29 – SunCulture in partnership with Turaco Microinsurance Company has launched ‘SunCulture Protect’ to build smallholder farmers’ resilience against climate change with affordable insurance In a press statement dated November 29, 2024, SunCulture, a leader in solar-powered irrigation solutions…
- NAIROBI, Kenya, Nov 29 – The Nyeri Environment & Lands Court has issued conservatory orders regarding Petition E 001 of 2024 that aims to shield the Aberdare ecosystem from developments that could harm its environment and local communities. The orders, issued by a three-judge bench earlier this…
- TOKYO, Nov. 29 (Xinhua) — Unemployment rate in Japan ticked up 0.1 percentage point from the previous month to 2.5 percent in October, the first increase in three months, government data showed Friday. According to the Ministry of Internal Affairs and Communications, the total number of people with…
- NAIROBI,Kenya,Nov 28– Safaricom Sacco has rebranded to Qona Sacco in what it says marks a pivotal moment in its 23-year history. The sacco says the rebrand showcased a refreshed identity that reflects the Sacco’s growth, innovation, and continued commitment to its members. Founded in 2001 as a…
