Business

29 October 2024 - Most leading AI companies are led by men and 70 percent of the sector’s workforce is male.

29 October 2024 - The houses comprise 17 blocks of flats with 57 1-bedroom houses, 132 two-bedroom houses and nine, three-bedroom unit and attract a monthly rent of about Sh6,000 for two-bedroom units.

29 October 2024 - Over the last decade, the overall governance in Africa has been a mix of encouraging improvements and troubling setbacks.

29 October 2024 - Latest data from Communications Authority of Kenya shows Kenyans ditched active use of 1.3 million feature phones in 12 months ending June this year.

29 October 2024 - The Treasury had pleaded with the apex court to reverse a decision by the Court of Appeal, arguing that the government would lose Sh214 billion if the judgment is upheld.

29 October 2024 - The push for regulatory frameworks reflects a broader societal issue: the belief that laws can solve moral or ethical problems.

29 October 2024 - Companies that do not comply with the new regulations will be deregistered, preventing them from legally doing business in the country.

29 October 2024 - Kenya’s mineral wealth has the potential to help the country diversify its economy, moving beyond traditional sectors such as agriculture and tourism to become a major player in the global tech...

29 October 2024 - A clash between a boss's personal ambition and a degree of selfishness can lead to unrealistic expectations for their team.

29 October 2024 - South Africa’s antitrust tribunal has blocked Vodacom Group Ltd.’s 13.2 billion-rand ($745 million) acquisition of a stake in Remgro Ltd.’s fiber businesses.

29 October 2024 - High Court Judge Alfred Mabeya said Mastermind failed to prove that the cargo reached Burundi hence was liable to pay taxes to the KRA.

29 October 2024 - Cardholders will gain complimentary access to over 1,300 airport lounges globally, including five at Jomo Kenyatta International Airport.

29 October 2024 - Obsessive cleaning of your car is not necessary, but regular and careful cleaning - of all parts - is a good idea.

29 October 2024 - African countries have seen a rise in coup plots and political instability, leading to unrest, human rights violations, and uncertain transitions. Motivations vary, including security concerns, counter-terrorism, and claims of protecting democracy.

29 October 2024 - The United Nations' 17 Sustainable Development Goals (SDGs) aim to address a wide range of environmental and socioeconomic problems by 2030. Developed in 2015, the Sustainable Development Goals (SDGs) are a framework for building a more sustainable…

29 October 2024 - In modern Kenya, road safety and other environmental and civic essentials must be included in the school curriculum.

29 October 2024 - OCT 29 – The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person. According to a rich list produced by the Hurun Research Institute, Zhang Yiming, is now worth $49.3bn (£38bn…

29 October 2024 - NAIROBI, Kenya, Oct 29 – The African Export-Import Bank (Afreximbank) aims to boost local trade through the upcoming African Sub-Sovereign Governments Network (AfSNET) Conference, set to take place in Kisumu from November 25-27. The event, organized…

29 October 2024 - NAIROBI, Kenya, Oct 29 – Stanbic Bank has launched two premium credit cards, the Stanbic World Elite Card and the Stanbic World Card, aimed at affluent clients through a partnership with Mastercard. The cards are designed to enhance the banking…

29 October 2024 - NAIROBI, Kenya, Oct 29 – National Assembly Majority Leader Kimani Ichungwah has called on the Kenya Private Sector Alliance (KEPSA) to restore public trust in economic policies, highlighting the private sector’s potential in driving job creation and…

29 October 2024 - Tanzania, according to Russia, seems to have a geographic advantage it can tap into. Russia mentioned Tanzania’s location on the East African coast, which is vital for accessing the neighboring land locked markets.

29 October 2024 - Kenya Power has recorded a Ksh.43.6 billion, Ksh.30.5 billion after tax, profit for the financial year 2023/24.

29 October 2024 - Kenya Power has recorded a Ksh.43.6 billion, Ksh.30.5 billion after tax, profit for the financial year 2023/24.

29 October 2024 - Urbanization in Africa has accelerated in recent years, resulting in considerable expansion in many African cities. As populations grows, there is a greater need for affordable housing. However, the affordability of housing loans could deter this…

29 October 2024 - World Bank’s private sector lending arm said the funding will form part of a Sh7.74 trillion project in which Abyssinia targets to cut emissions.

29 October 2024 - The United states has said it will be imposing visa restrictions on individuals that pose a threat to Ghana's democracy. The statement comes amid Ghana's preparations for the coming presidential elections in December 2024.

29 October 2024 - High Court puts on hold the sale of Mr Tuju’s Entim Sidai Wellness Sanctuary and Tamarind Karen and Dari Business Park.

29 October 2024 - NAIROBI, Kenya, Oct 29 – Kenya Power has returned to profitability, recording Sh30 billion in earnings for the full year ending June 2024, recovering from a net loss of Sh3.19 billion in the previous year. This was driven by increased electricity…

29 October 2024 - OCT 29 – After a long wait, Apple has finally released its artificial intelligence (AI) tools for iPhone – to a select few. Apple Intelligence, a suite of AI tools announced in June, became available to owners of some iPhones around the world on…

29 October 2024 - To ensure the continuous economic growth of African countries, there is a need to boost trade, finance, and positive migration within the continent. To achieve this, attracting investments by world powers such as China has been crucial to Africa's…

29 October 2024 - The Teachers Service Commission (TSC) has announced 20,000 teaching opportunities to Junior Secondary School (JSS) Teachers on internship basis. TSC made this announcement on Tuesday ,October 29 calling on qualified candidates to apply for the…

29 October 2024 - Despite the challenges posed by the ongoing funding winter, Kenya has maintained a strong position relative to its peers in the African startup ecosystem.

29 October 2024 - Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora.

29 October 2024 - OCT 29 – US banking giant JP Morgan Chase, is suing customers who allegedly took advantage of a glitch by illegally withdrawing thousands of dollars from its ATMs. The “infinite money glitch”, as it became known on TikTok, allowed the bank’s…

29 October 2024 - NAIROBI, Kenya, Oct 29 – KenGen net profit for the full year ending June 2024 expanded by 35 percent to Sh6.8 billion on improved geothermal and hydroelectric revenues. In 12 months to June last year, the power produced profit after tax stood at Sh5…

29 October 2024 - Ghana may begin sourcing petroleum products from Nigeria’s Dangote Oil Refinery once the facility reaches full capacity.

29 October 2024 - TOKYO, Oct. 29 (Xinhua) — Meta Platforms Inc., the parent company of Facebook and Instagram, is facing a fresh wave of lawsuits in Japan, with 30 plaintiffs seeking a total of 435 million yen (about 2.8 million U.S. dollars) in damages for losses…

29 October 2024 - Impeached DP Rigathi Gachagua fights on in court

29 October 2024 - KenGen made a profit after tax of Sh6.79 billion the year ended June 2024.

29 October 2024 - The push for a unified currency, known as Eco, in West Africa, is a project that ECOWAS has pursued for over two decades. In 2021, the bloc revised its roadmap, setting a goal to launch the currency by 2027. Ivory Coast President Alassane Ouattara…

29 October 2024 - NAIROBI, Kenya, Oct 29 – Google has committed Sh748.2 million ($5.8 million) this year to support foundational AI and cybersecurity training in Nigeria, Kenya, and South Africa. The funding will back organizations providing foundational AI skills…

29 October 2024 - NEW YORK, Oct. 28 (Xinhua) — U.S. stocks ended higher on Monday, as investors anticipate a busy week of key economic data releases and quarterly earnings, especially from major tech companies. The Dow Jones Industrial Average rose 273.17 points, or…

29 October 2024 - Kenya Power has returned to profitability, posting a net profit of Sh30.08 billion.

29 October 2024 - Kenya Power has returned to profitability, posting a net profit of Sh30.08 billion.

29 October 2024 - Nakuru has a vibrant food culture that reflects its diverse community and rich agricultural resources.

29 October 2024 - The Judiciary also affected as it had planned to spend Sh300 million on automation.

29 October 2024 - The Social Health Authority (SHA) has designated six prominent lenders financial institutions — Kenya Commercial Bank (KCB), Sidian Bank, Co-operative Bank, Equity Bank, Absa and Diamond Trust...

28 October 2024 - KPSEA marks the last examination at the end of the primary school cycle under the Competency-Based Curriculum.

28 October 2024 - The KRA is focused on payments being done by businesses for supply of goods and services, consultancy services, commissions and royalties amid concerns of under-declaration.

28 October 2024 - As the solar business booms, each entrant in the market is targeting its own niche, with some focusing on the importation of solar components from leading manufacturers and suppliers in the major...