- Fresh data from the Kenya National Bureau of Statistics (KNBS) has revealed a 3.3 percent increase in the cost of a 2-kilogram packet of wheat flour in November 2023 while the price of a similar amount of sifted maize flour fell by 6.5 percent during the same period.
- Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post.
- The dollar was rooted near a three-month low on Thursday and was set to post its steepest monthly decline in a year as investors ramped up bets that the Federal Reserve is done with rate hikes ahead of a crucial inflation report later in the day.
- Kenya Commercial Bank (KCB) customers will starting next year be able to get services at National Bank of Kenya (NBK) branches and vice versa, KCB Group CEO Paul Russo announced on Monday.
- The dairy industry is one of the key contributors to Kenya’s food security. More Kenyans are now embracing dairy farming, leveraging modern technology to maximise production and increase profits.
- Single-use plastic pollution is still rampant in the country, even as Kenya positions itself as one of the key players in the fight against climate change.
- Regional stakeholders in the freight logistics sector are pushing for the removal of transport and trade barriers that have limited the movement of goods and services within the countries.
- Kenya National Bureau of Standards (KNBS) has formed a committee to explore ways into which the government can harness data sourced directly from communities
- International oil prices fell Wednesday after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies was pushed back from Sunday to November 30.
- Kenya is one of the leading countries in Africa in innovation and adoption of technology, with more youth now showing interest in turning ideas into action.
- The Information and Communication Technology (ICT) Authority has signed a Memorandum of Understanding with Microsoft which will see the American tech company assist the government in adopting a cloud-first strategy in public service delivery.
- Kenya's real estate sector is characterised by rapid dynamism, with homeowners going the extra mile to give their homes an elegant look with well thought out interior decor.
- Amazon.com announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence.
- London Distillers Kenya Limited Chairman Mohan Galot has expressed full support for the concerns raised by Kenya Breweries over the latest tax policies which he said could lead to sector collapse.
- The Global Logistics Convention (GLC), the annual freight logistics event of the Federation of East African Freight Forwarders Associations (FEAFFA) is scheduled to take place in Nairobi from 22-24 November 2023.
- Kenya is among the leading countries in Africa in the adoption of emerging technologies, which have been key in promoting economic growth and social inclusion.
- Integrated Financial Services provider Old Mutual has admitted to experiencing success in the year 2023, saying this goes down to the strategies the group has laid in the said period.
- Index provider MSCI raised India's weightage in its Global Standard (Emerging Markets) index to 16.3% from 15.9% on Tuesday, a move likely to increase the flow of foreign funds after a two-year lull.
- General Motors' Cruise driverless car unit said on Tuesday it will pause all supervised and manual car trips in the U.S. and expand the scope of investigations at the robotaxi operator in the aftermath of an accident that initially led to the suspension of driverless vehicle operations.
- The price of Super Petrol in the country will remain the same at a high of Ksh217 for the next month, according to a review released by the Energy and Petroleum Regulatory Authority (EPRA).
- Stanbic Kenya Chief Executive Officer Dr. Joshua Oigara has attributed the bank's growth to working structures that have been in place, saying their business model is about empowering growth, transforming lives and changing the perspectives of their clients.
- Artisans play a key role in Kenya’s economic growth, by not only creating employment opportunities but also supplying uniquely hand-crafted products to meet market demand.
- Kenya has appointed Citi (C.N) and Standard Bank (SBKJ.J) as joint lead managers to assess the potential of borrowing in dollars in international markets, the finance ministry said.
- The East Africa region, which is known for its breathtaking landscapes, diverse cultures, and thriving economies, is rapidly becoming a hub for emerging real estate markets due to a rapid growth of population
- The government has been given the nod to appoint five directors to Kenya Power's Board following the company's Extraordinary General Meeting (EGM) on Friday in which shareholders voted to make the changes.
- Absa Bank, one of Kenya’s leading financial institutions, has launched the Buy Now, Pay Later (BNPL) card feature to help its customers manage their expenses better.
- Angola will push ahead with removing all fuel subsidies by the end of 2025, which should enable state oil company Sonangol to pay taxes and dividends again, the country's finance minister Vera Daves de Sousa said.
- Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday, a source from the organizers of the World Business Forum (WBF), an event he attended in the country’s capital, told CNN En Español.
- Integrated Financial Services provider Old Mutual has made steps aimed at addressing the ever-evolving customer needs, to serve its customers effectively and efficiently.
- Integrated Financial Services provider Old Mutual has made steps aimed at addressing the ever evolving customer needs, to be able to serve its customers effectively and efficiently.
- The Central Bank of Kenya (CBK) has cautioned Kenyans to be wary of entities and persons providing Money or Value Transfer Services (MVTS) without authorization from the monetary authority.
