Business

27 March 2025 - After more than two decades of dormancy, the Port Harcourt refinery has successfully completed 180 days of uninterrupted operation, marking a crucial milestone in Nigeria’s push to revive its domestic refining capacity.

27 March 2025 - While Russia remains a far smaller economic partner to Africa than Western countries or China, its interests with the continent, as is with other global superpowers are deeply rooted in vital areas such as weaponry, mining, and energy (including…

27 March 2025 - Kenya has officially recognized Kosovo as an independent state, marking the first such recognition in nearly five years amid stalled efforts for broader international acceptance.

27 March 2025 - The industry report shows that the three insurers accounted for nearly half of the 357 complaints made against more than 20 companies.

27 March 2025 - For the first time in over a year, Zambia records an inflation decline, presenting the Southern African country with some much-needed economic relief.

27 March 2025 - The United States has expressed concern over the escalating political crisis in South Sudan following the arrest of the nation’s First Vice President, Riek Machar.

27 March 2025 - Cape Holdings Limited filed an urgent application in the High Court to block the auction slated for April 11.

27 March 2025 - Equity Group’s regional expansion pays off.

27 March 2025 -  TOKYO, March 27 (Xinhua) — Japan’s automobile production will decrease by 4.3 percent annually over declining U.S. sales while overall industrial production could drop by 0.6 percent due to the U.S. expanded tariffs, the Japan Research Institute…

27 March 2025 - NAIROBI, Kenya, Mar 27 – Vivo Energy Kenya Limited and TotalEnergies are among the top Kenyan oil marketers who have lost their market shares in the latest Energy & Petroleum Regulatory Authority (EPRA) industry data. EPRA’s Energy & Petroleum…

27 March 2025 - NAIROBI, Kenya, Mar 27 – Smallholder farmers in Nyandarua, Meru, and Kisii have received a boost after the Micro Small Enterprise Authority (MSEA), the Kenya Development Corporation (KDC), and the House of Procurement entered into a deal to enhance…

27 March 2025 - In a recent turn of events, the World Bank has brought to notice, the alarming state of Nigeria’s poor statistical performance.

27 March 2025 - BY Fred Waswa MAR 27 – In Kenya, the retirement saving landscape presents some worrisome statistics: only 20% of the population is actively saving for retirement, with a staggering 80% having no form of safety net to tap into during retirement. That…

27 March 2025 - Nigeria is taking steps to become the third African nation to introduce a citizenship by investment (CBI) program.

27 March 2025 - South Africa, in partnership with the World Bank, has launched a $3 billion initiative to restore essential services and improve infrastructure in eight of its largest cities.

27 March 2025 - Vetting of IEBC commissioners ongoing

27 March 2025 - MAR 27 – US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner ByteDance. Trump also said he is willing to extend a 5 April deadline for a non-Chinese buyer of the platform to…

27 March 2025 - NAIROBI, Kenya, Mar 27 – Indian media conglomerate Zee Entertainment Africa has introduced Zee Dunia, the first Free-to-Air (FTA) television channel in Africa, uplifting the region’s entertainment industry. The move makes Zee Entertainment the first…

27 March 2025 - NAIROBI, Kenya, Mar 27 – The East African Development Bank (EADB) has refuted allegations regarding its lending operations, which were made by former Cabinet Secretary Raphael Tuju during a March 24 interview. In a statement issued on Thursday, EADB…

27 March 2025 - WASHINGTON, March 27 (Xinhua) — U.S. President Donald Trump on Wednesday announced plans to impose 25 percent auto tariffs — on top of previous duties — on April 2. “What we’re going to be doing is a 25 percent tariff for all cars that are not made in…

27 March 2025 - NAIROBI, March 27 (Xinhua) — Kenya plans to reduce its dependence on external creditors in a new debt strategy, a senior official said on Wednesday. John Mbadi, cabinet secretary for the national treasury and economic planning, told journalists in the…

27 March 2025 - NAIROBI, March 27 (Xinhua) — Revenue generated by Kenya’s Standard Gauge Railway (SGR) passenger train increased by 41 percent in 2024, the Kenya Railways Corporation (KRC) said in a report on Wednesday. The train generated 4.09 billion Kenyan…

27 March 2025 - NAIROBI, Kenya, Mar 27 – Digital lender, Jijenge Credit limited has backed calls for a common base lending rate being spearheaded by commercial banks, saying the move will offer predictability and flexibility to borrowers and lenders alike. “It is…

27 March 2025 - Industry watchdog acts to crack down on rogue companies that illegally fill competitors' cylinders.

27 March 2025 - Justice Helene Namisi says the exit of Ms Wanjama was an attempt to escape liability.

27 March 2025 - The company behind Uganda’s EACOP crude pipeline has secured its first tranche of external financing from a consortium of institutions, including commercial banks and Afreximbank, EACOP Ltd announced on Wednesday.

27 March 2025 - Niger’s junta leader, Abdourahamane Tiani, has been sworn in as president for a five-year transition period under a newly established charter, further cementing military rule in the country.

27 March 2025 - Sanctions-hit Belarusian flag carrier Belavia is close to acquiring three Airbus A330 aircraft, previously owned by Gambian airline Magic Air, to replenish its struggling fleet.

27 March 2025 - Amid ongoing diplomatic tensions between the United States and South Africa, President Donald Trump’s appointment of a new US ambassador has fueled further controversy.

26 March 2025 - National carrier Kenya Airways has posted a full-year profit of Ksh.5.4 billion for the year 2024.

26 March 2025 - According to a report, Kuramo Capital advanced $19.38 million (Sh2.5 billion) in principal amount to TransCentury in the period 2018 to 2023 payable by December 31, 2023.

26 March 2025 - Norway has joined Germany in temporarily shutting down its embassy in South Sudan due to escalating violence and concerns that the country is on the verge of civil war.

26 March 2025 - Government hospitals received Sh1.43 billion for 2,021 claims, while faith-based hospitals received the least with only Sh532.5 million for 405 claims.

26 March 2025 - The Mauritius Commercial Bank (MCB) has appointed seasoned banker Felix Gichaga as its new Chief Representative Officer for East Africa.

26 March 2025 - Kenya will host the Financing Agri-food Systems Sustainably (FINAS) Summit 2025 from May 20-22 in Nairobi bringing together global leaders, policymakers, financiers, and food system stakeholders to address the pressing issue of food systems financing…

26 March 2025 - From boosting immunity, libido to aiding digestion, herbs and spices have quickly captured the attention of a population eager to improve its well-being.

26 March 2025 - The government has abandoned the 9th review of the International Monetary Fund (IMF) program, which is set to lapse on April 1, 2025.

26 March 2025 - On Monday, Shola Akinlade, the CEO of one of Nigera’s largest tech firms; Paystack, launched his new product, Zap, a payment system that allows international visitors in Nigeria to make seamless payments with foreign cards. Unfortunately, since then…

26 March 2025 - Experts say while Covid-19 primarily targets the lungs, it can also lead to serious heart complications, including blood clots, inflammation, irregular heart rhythms, and heart failure.

26 March 2025 - Last week, the country made history by becoming the only African nation with a female President and Vice President. The government also had 14 ministers sworn in on Friday, eight of which are women. On Friday, Netumbo Nandi-Ndaitwah was sworn in as…

26 March 2025 - NAIROBI, Kenya, Mar 25 — The Mauritius Commercial Bank (MCB) has appointed seasoned banker Felix Gichaga as its new Chief Representative Officer in East Africa. Announcing the appointment, the lender noted that Felix brings extensive knowledge of the…

26 March 2025 - Significant debt loads to the International Monetary Fund (IMF) have characterized the financial reality of several African countries in recent decades. IMF debts continue to remain a subject of contention.

26 March 2025 - Nowadays we are able to easily identify the yellow-coloured school vehicles, and provide them necessary support, or hold management accountable.

26 March 2025 - According to recent reports, Prince Harry has decided to step down from ‘Sentebale’ the charity he founded in South Africa in honor of his mother, Diana, Princess of Wales.

26 March 2025 - Addressing trade facilitation issues, such as customs modernisation and digital trade platforms, could position Africa as a major player in global trade.

26 March 2025 - To avoid frustration and inefficiency, there is a need to systematically attack the root causes of costly complexity.

26 March 2025 - Transforming food systems for nutrition demands action on multiple fronts: cross-sector decision-making, coherent policies, targeted budgets, robust data, and vigilant monitoring.

26 March 2025 - DT has increased its dividend per share for the fourth straight year to to Sh7.

26 March 2025 - According to the 2025 Edelman Trust Barometer, media trust levels vary significantly across different regions. While some countries exhibit strong confidence in their media institutions, others remain highly sceptical.

26 March 2025 - NAIROBI, Kenya, Mar 26 – Liberty Kenya Holdings has announced a 108.5 percent rise in profit after tax, reaching Sh1.402 billion, up from Sh672 million in 2023 for the financial year ending December 31, 2024. The company attributes the growth to…