01 November 2024
- NOV 1 – Striking Boeing workers are set to vote on a new offer from the aviation giant, which includes a 38% pay rise over the next four years. The International Association of Machinists and Aerospace Workers (IAM) union, which represents more…
01 November 2024
- NAIROBI, Kenya, Nov 1 – The High Court of Kenya has upheld the Salaries and Remuneration Commission(SRC) Directive to adjust the monthly stipend of medical interns. This comes after Healthcare interns and related professional bodies filed five…
01 November 2024
- NAIROBI, Kenya, Nov 1 – Xiaomi Kenya is gearing up for its Black Friday event, offering an array of discounts on its latest smartphones. The company promises exclusive offers, flash sales, and limited-time deals, in wat it say is anchored on making…
31 October 2024
- Justice Freda Mugambi said Kiran Harilal Rajput illegally declared herself a director of Capitol Laundry Limited following the deaths of her husband Harilal Durga Dass Rajput and his sibling...
31 October 2024
- 'Since joining Kenya Power in May 2023, I have never called any evaluation team (procurement) to have a process skewed in favor or against anyone.'
31 October 2024
- Kenya’ mounting debts has seen it commit more than half of tax revenue collected annually in repaying the public debt, leaving little cash for projects.
31 October 2024
- The falling inflation will strengthen the hand of the Central Bank of Kenya (CBK) in the push to further lower the benchmark lending rate, offering relief to households and firms plagued with...
31 October 2024
- Road quality can be an indicator of a country's economic development and quality of infrastructure. However, it's not a definitive measure of the overall economy.
31 October 2024
- Road quality can be an indicator of a country's economic development and quality of infrastructure. However, it's not a definitive measure of the overall economy.
31 October 2024
- Transparency and prevention of corruption and conflict of interest in public procurement must remain the overriding objective of our procurement law.
31 October 2024
- High Court Judge Olga Sewe ordered the taxman to table a report on the citizens' views on its proposed change in the valuation method.
31 October 2024
- Despite the current political situation in the US, the Kenya Private Sector Alliance (Kepsa) is optimistic that whichever the outcome of the US November polls, Agoa is likely to be renewed.
31 October 2024
- Targeted support for youth entrepreneurship and micro-enterprises can formalise and transform the informal economy, tapping into the creativity and resilience of Africa’s young people.
31 October 2024
- The IMF expected the government to raise at least Sh1.27 trillion in tax revenue by end-December 2023, and at least Sh2.4 trillion as of June 2024, both of which were not met.
31 October 2024
- The gazette notice announcing the swearing-in came just hours after the High Court lifted an order stopping Prof Kindiki's ascension to the DP post.
31 October 2024
- While some African countries have boosted defense spending in response to perceived threats, others have deprioritized security financing due to regional peace, revealing a stark contrast in security approaches across the continent.
31 October 2024
- Bonds trading data from the NSE shows the price for the 8.5-year infrastructure bond (IFB) sold in February has reached Sh112.96 per unit of Sh100 which signals the underlying high demand from...
31 October 2024
- The occasional Red Sea shipping attacks by anti-Israeli Houthis in Yemen have had little effects as most oil tankers sail round Cape of Good Hope.
31 October 2024
- Over the past year, there has been a noticeable shift in personal savings behaviours, according to data from the PiggyVest Savings report.
31 October 2024
- A low Consumer Price Index (CPI) provides several benefits to African countries, including economic stability and improved general quality of life. When the CPI is low, the purchasing power of money is largely stable, encouraging individuals to save…
31 October 2024
- OCT 31 – A Russian court has fined Google two undecillion roubles – a two followed by 36 zeroes – for restricting Russian state media channels on YouTube. In dollar terms that means the tech giant has been told to pay $20,000,000,000,000,000,000,000…
31 October 2024
- NAIROBI, Oct. 31 (Xinhua) — African ministers of agriculture began a two-day meeting Thursday in the Kenyan capital of Nairobi to discuss ways of controlling the locusts that threaten the region’s food security. The Governing Council of Ministers of…
31 October 2024
- NAIROBI, Kenya, Oct 31 – Murali Natarajan, a veteran banker from India, has been appointed as the new Managing Director and CEO of Diamond Trust Bank (DTB) Kenya. His appointment follows regulatory approvals and is part of DTB’s strategic…
31 October 2024
- October 31 is celebrated in many countries across the globe but how is it viewed on the African continent? As the sun dips below the horizon, a charged eeriness can be felt in the air. Gasps and squeals escape from children who spot masked figures…
31 October 2024
- Google has announced plans to support and accelerate AI talent development across Nigeria with over $1.5 million (N2.8billion) in funding, the American tech giant announced today.
31 October 2024
- NAIROBI, Kenya, Oct 31 – Safaricom has denied allegations of sharing customer data with state agencies, stating it only complies when ordered by the court. This comes amid concerns that Safaricom’s data sharing may be linked to rising abductions. In…
31 October 2024
- The United Arab Emirates has maintained its top form as a significant partner in Uganda’s export market. The Middle East nation has relegated East African countries as it becomes Uganda's main source of export earnings.
31 October 2024
- NAIROBI, Kenya, Oct 31 — KPMG East Africa’s 2024 CEO Outlook report reveals a decline in confidence among East African CEOs regarding economic growth. Only 60 percent of CEOs expressed optimism for their organizations’ growth in 2024, down from 80…
31 October 2024
- NAIROBI, Kenya, Oct 31 – Java is set to reach 100 regional branches by the first quarter of 2025 as part of its strategy to bring services closer to customers. Recently, three new outlets were opened, including one at Thika’s Vivo Energy, marking…
31 October 2024
- OCT 31 – The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla’s for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July and September. This is a 24% jump from the same…
31 October 2024
- Kiyosaki defines leveraging as investing funds from external sources to make money using other people’s money. While researching how wealthy people grow their wealth, I discovered borrowing against my Sacco deposit to invest in Treasury bonds, and…
31 October 2024
- NAIROBI, Kenya, Oct 31 – Pan-African venture capital firm Janngo Capital has announced the final closing of its second fund at $78 million, surpassing its initial target by 20 percent. Backed by the European Investment Bank (EIB) and the African…
31 October 2024
- Ethiopia has raised its revenue goals as part of its agreement with the International Monetary Fund, which includes specific conditions to reform the region's largest economy.
31 October 2024
- NAIROBI, Kenya, Oct 31 – EFT Corporation (EFTCorp) and Visa have launched a five-year partnership aimed at reshaping Africa’s digital payments landscape, with a focus on financial inclusion and advanced payment solutions across the continent. The…
31 October 2024
- NAIROBI, Kenya, Oct 31 – The European Union, in collaboration with NGOs including Friedrich-Ebert-Stiftung (FES-Kenya), Civil Society Urban Development Platform (CSUDP), and Pan African Climate Justice Alliance (PACJA), has launched the ‘…
31 October 2024
- Topline Microsoft’s third calendar quarter earnings were the most robust in the company’s five-decade history, though the Washington-based computing colossus indicated it may get less of a bump from the next generation of technological innovation in…