Business

13 November 2024 - NAIROBI, Kenya, Nov 13 – All Kenyan tenders less than Sh1 billion will be reserved for local companies if Parliamentarians give nod to the proposed Public Procurement and Asset Disposal (Amendment) Bill. According to the government, the move is…

13 November 2024 - The government of Uganda has disclosed it will be taking drastic measures to curb its rising debt. According to the country's finance ministry, external borrowing will be cut by 98% in the financial year to June 2026.

13 November 2024 - WASHINGTON, Nov. 12 (Xinhua) — U.S. President-elect Donald Trump announced Tuesday that he has chosen entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new “Department of Government Efficiency” in his second administration. “Together, these two…

13 November 2024 - Russia has deployed around 200 military instructors to Equatorial Guinea in recent weeks to protect the presidency.

13 November 2024 - NAIROBI, Kenya, Nov 13 – MultiChoice Group posted strong revenue growth across its new products for the six months ending 30 September 2024. DStv Stream saw a 71 percent increase, DStv Internet grew by 85 percent, and DStv Insurance rose by 31…

13 November 2024 - Philip Kiprono Rotich, who has been with NCBA for 10 years, is suspected of committing the crime when he was an assistant operations manager at the bank’s Kisii branch.

13 November 2024 - NAIROBI, Kenya, Nov 13 – Global cloud communications platform Infobip has been ranked number one among Established Leaders in Juniper Research’s RCS Business Messaging Competitor Leaderboard 2024. The ranking reflects Infobip’s strong presence in…

13 November 2024 - The demand for used Japanese cars in Africa has grown over the years as individuals opt for a cheaper and more affordable mode of transportation.

13 November 2024 - NAIROBI, Kenya, Nov 13 – Standard Chartered Bank has announced the launch of the 7th edition of its Standard Chartered Cup a 5-a-side futsal tournament that highlights the lender’s ongoing partnership with Liverpool FC. According to the lender,this…

13 November 2024 - With a change in the United States oval office comes changes in economic policies that have the potential to ripple across the globe, including in the East African nation of Kenya.

13 November 2024 - Automatic cars save you the effort of pressing the clutch and shifting gears, and make it easier to reverse.

13 November 2024 - NOV 13 – Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally. That’s despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the…

13 November 2024 - NOV 13 – Several airlines have cancelled flights to and from Bali due to dangerous ash clouds from a volcano near the Indonesian holiday island. Qantas, Jetstar and Virgin Australia advised passengers of the disruptions on Wednesday, saying the ash…

13 November 2024 - NAIROBI, Kenya, Nov 13 – TikTok has disclosed that over 360,000 videos were removed from its platform in Kenya during the second quarter of 2024 for violating its Community Guidelines. This accounts for approximately 0.3 percent of all videos…

13 November 2024 - Fuller tanks give you more security; if there is a national shortage, you have some margin to deal with the situation, not an immediate crisis.

13 November 2024 - Make Money — Episode 9 — Trading 101: Separating wheat from chaff

13 November 2024 - The oil's efficiency and longevity depend on the quality and condition of the oil filter and the cooling system, fuel injection and ignition timing.

13 November 2024 - Topline The moon will reach one of its closest points to Earth later this week, resulting in this year’s last supermoon, an unofficial astronomical event occurring up to four times annually, according to expert projections. Key Facts A supermoon…

13 November 2024 - The continued protests in Mozambique have left several businesses severely affected, with over 150 shops vandalized and about €354 million lost.

13 November 2024 - NOV 13 – Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge…

13 November 2024 - Nigeria has successfully recovered over $5 billion in assets over the past 25 years, according to a report from the Civil Society Legislative Advocacy Centre (CISLAC).

13 November 2024 - NAIROBI, Kenya, Nov 13 – President William Ruto has nominated Gerald Nyaoma Arita as the second Deputy Governor of the Central Bank of Kenya (CBK), succeeding Sheila M’mbijiwe, who retired in June. Arita, currently the Director of the Bank…

13 November 2024 - NAIROBI, Kenya, Nov 13 – Gitson Energy Limited has petitioned the Kenyan High Court to join the Law Society of Kenya’s case challenging the KETRACO-Adani contract as an Interested Party. The renewable energy developer filed its petition on November…

13 November 2024 - NAIROBI, Nov. 13 (Xinhua) — Kenya on Tuesday launched a new toolkit designed to offer a policy roadmap to boost its gig economy. Mary Kerema, secretary in the Ministry of Information, Communications, and Digital Economy, said the new toolkit,…

13 November 2024 - SAN FRANCISCO, Nov. 13 (Xinhua) — With a strong air cargo market exceeding pre-pandemic levels, Boeing on Tuesday forecast continued long-term growth, saying air cargo traffic will increase by an average of 4 percent per year through 2043. The…

13 November 2024 - BRUSSELS, Nov. 13 (Xinhua) — The European Commission said on Tuesday that member states’ national authorities may take action against Apple if the U.S. tech giant does not address its potentially prohibited geo-blocking practices on its media…

13 November 2024 - Following the recent agreement between the Dangote refinery and independent oil marketers in Nigeria, estimates for fuel prices in Nigeria have been touted.

13 November 2024 - Following the recent agreement between the Dangote refinery and independent oil marketers in Nigeria, estimates for fuel prices in Nigeria have been touted.

13 November 2024 - Central Bank of Kenya data shows the growth is the highest since June 2017.

13 November 2024 - Contract changes to deny consumers relief from falling petroleum prices globally.

13 November 2024 - The “Safaricom Sambaza Furaha” caravan, in partnership with royal media services, continued its nationwide tour celebrating 24 years of Safaricom service.

12 November 2024 - Kenya has published regulations that allow private firms to sell electricity directly to consumers, with the government targeting ending the monopoly next year.

12 November 2024 - Nyaoma won the race against five other shortlisted contenders, including outgoing Higher Education Loans Board chief executive Charles Ringera and CBK head of external sector and fiscal analysis...

12 November 2024 - The researchers point out that employees who feel involved in and enthusiastic about their work are more likely to contribute positively during times of uncertainty.

12 November 2024 - DUBAI, Nov. 12 (Xinhua) — Construction has begun on Dubai’s first “vertiport,” a dedicated facility for flying taxis near Dubai International Airport (DXB), the Dubai government announced Tuesday. Scheduled for completion by 2026, the port aims to…

12 November 2024 - Customer holdings on the platform fell to Sh262 billion in the six months to September as the economy continued to soften.

12 November 2024 - The MPs had a heated exchange with Mr Melly insisting that there was no need of proceeding with deliberations when the IPUCCF had not proved that it had money to pay the lecturers.

12 November 2024 - NAIROBI, Kenya, Nov 12 – The Kenya Revenue Authority (KRA) has issued a notice to all taxpayers to update their phone numbers on the iTax system as part of an ongoing effort to curb tax evasion and enhance service delivery. KRA has outlined a…

12 November 2024 - Kenya continues to grapple with widening inequality, low productivity and mounting youth unemployment and remains susceptible to economic shocks.

12 November 2024 - The data shows that the government's import bill had largely been rising since July 2019 before falling immediately after the 2022 General Election.

12 November 2024 - Employee investment can be measured through a host of tools. Cultural surveys can contribute very much to organisational performance.

12 November 2024 - Globally, authorities are moving fast to address the challenges and exploit opportunities presented by digital currencies.

12 November 2024 - Mr Noor had claimed that the construction of the booster had attracted birds and other animals whose refuse is contaminating the residential areas, thereby causing environmental pollution.

12 November 2024 - Data from Controller of Budget Margaret Nyakang’o shows that a measly Sh16.65 billion was spent on affordable housing in the review year.

12 November 2024 - T-bills subscriptions in October reached Sh293.7 billion against Sh96 billion on offer.

12 November 2024 - Topline The billionaire founder of Telegram is offering to pay for the in vitro fertilization process of medically eligible women who are interested in having a baby using his sperm at a fertility clinic in Moscow, the latest billionaire to speak…

12 November 2024 - Zimbabwe’s Minister of Youth, Sport, Arts and Recreation Kirsty Coventry is making an historic bid to lead the International Olympic Committee (IOC), hoping to become the first female president of the organization in its 130-year history. Coventry…

12 November 2024 - Government tenders are a big business in Kenya, with the World Bank estimates for 2020 indicating that the value of public procurement hit Sh3.146 trillion in that year.

12 November 2024 - CBK published the draft green finance taxonomy in March 2024 to provide a reference point in guiding the country’s transition into a green economy as well as catalyse the inflow of green finance...

12 November 2024 - Mental health issues among lawyers are widespread but rarely addressed openly.