- Kosala Hewamaddumathe, Upfield’s Chief Marketing Officer for Africa, the Middle East and Asia, has challenged businesses to seek to create sustainable value in their activities.
- Sugarcane farmers in Kisumu are now seeking intervention from the courts to revoke the new prices announced by the Agriculture and Food Authority last week on Monday.
- American video streaming company Netflix, technology giant Apple and British oil multinational Shell are among the top global companies capitalising on Kenya’s voluntary carbon market (VCM), a new report by the World Bank shows.
- The Central Bank of Kenya (CBK) has released its latest Agriculture Sector Survey, highlighting a general decline in prices of key food items in March compared to February 2024.
- Boeing defended its safety practices Monday, touting aircraft testing protocols as it girds for a tough congressional hearing featuring critics of the embattled aviation giant.
- Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.
- Oil prices fell during trade on Monday, as market participants dialled back risk premiums following Iran's attack on Israel late on Saturday which the Israeli government said caused limited damage.
- Republican U.S. lawmakers on Friday criticized the Biden administration after sanctioned Chinese telecoms equipment giant Huawei unveiled a laptop this week powered by an Intel AI chip.
- Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries.
- The 2023 pay package of Boeing's , opens new tab CEO, who recently announced his departure in the midst of a safety crisis, rose about 45% to nearly $33 million (Ksh.3.4 billion), the U.S. plane maker said on Friday.
- Kenya Power has recorded a 150% growth in the value of tenders awarded to youth, women and persons with disabilities during the 8 months from July 2023 compared to a similar period last year.
- At the launch of their dynamic 5-year strategic plan, association leaders unveiled plans for a harmonized regulatory framework, set to revolutionize the industry by enabling seamless access to cross-border insurance products.
- In her new role, Noor will spearhead Google's efforts to expand its security offerings in the Middle East, Turkey, and Africa. In a statement Google says Noor will be responsible for strategic alliances with the public sector to harness Google Cloud's cutting-edge cybersecurity solutions, including…
- The Nairobi Securities Exchange Plc (NSE) equity market has been upgraded from restricted to pass status by the FTSE Russell Index Governance Board in March 2024.
- Revenue from tourism in Kenya jumped nearly a third in 2023 over the previous year beating the pre-pandemic numbers, according to the tourism ministry.
- Kenya's inflation (KECPI=ECI), fell in March compared with a month earlier, driven by falling prices of some food items and transport costs, the statistics office said on Friday.
- Stima Sacco has recorded 21% growth in revenue to Sh8.96 billion for the financial ending December 31, 2023, compared to Sh7.5 billion the previous year.
- The Medium Liquor Traders Association (MELTA) of Kenya has criticised the six-hour opening time imposed on bars nationwide, labelling it extremely unfair.
- Japanese carmaker Nissan Motor plans to introduce its e-power hybrid technology car in Tunisia, its Africa head said on Tuesday, as part of plans to test demand in the African market for electric vehicles.
- The name BlackRock has been tossed around in Kenyan business circles in the last few days after the Central Bank of Kenya (CBK) governor was quoted saying the American multinational investment firm BlackRock has invested in the Nairobi Securities Exchange (NSE).
- The Kenya Electricity Transmission Company (KETRACO) has announced the successful energization of the 220/66kV Kimuka Substation transmission line, marking a milestone in the region's power supply.
- Equity Bank has posted a 5 percent drop in profits for the year ending December 2023, recording a net income of Ksh.43.7 billion compared to Ksh.6.1 billion profit posted in the year ending December 2022.
- Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi on Wednesday opened a two-day conference bringing together agricultural sector stakeholders to discuss financing the sector and appropriate models for funding agricultural activities in Kenya.
- Agriculture Cabinet Secretary Mithika Linturi on Wednesday opened a two-day conference bringing together agricultural sector stakeholders to discuss financing the sector and appropriate models for funding agricultural activities in Kenya.
- A proposal by France, Denmark and Sweden to restrict used clothing (commonly known as Mitumba) exports from the European Union could hurt the clothing resale industry in Kenya, which employs 2 million Kenyans, a representative of second-hand clothes sellers said.
- Boeing's board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives and analysts predicting it will seek an outside remedy.
- From his experience working in the internet service market, Adunga says that by understanding customer needs and delivering a satisfactory and distinctive experience, companies can achieve a competitive advantage and increase the percentage of repeat and sustainable customers.
- The government has recorded an increase in repayment of the Hustler Fund, noting that out of a disbursement of Ksh.49 billion, Kenyans have repaid more than Ksh.37 billion.
- The Competition Authority of Kenya (CAK) has issued a stern warning regarding the rise of impersonators defrauding businesses across the country under false pretences.
- Turkey's central bank unexpectedly hiked interest rates by 500 basis points to 50% on Thursday, citing a deteriorating inflation outlook and pledging to tighten even further if it expects the price situation to worsen significantly.
- The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday, accusing the giant company of illegally monopolizing the smartphone market.
- June Chepkemei, the former Acting Managing Director at the Kenya Investment Authority (KenInvest) has been named Chief Executive Officer of the Kenya Tourism Board (KTB).
- Kenyan agricultural startups now stand a chance to access capital under the Regenerative Agricultural Practices for Improved Livelihoods and Markets project.
- As President Ruto spoke, KRA had the eTIMS ready for roll-out and in a short while it had deployed “an army” of paramilitary trained tax assistants to ensure compliance to the new way of paying tax especially among the small traders, “mama mboga”, “fundi wa mtaa,” kinyozi, boda-boda riders among…
