02 May 2024
- The Competition Authority of Kenya (CAK) has unconditionally approved the proposed acquisition of Shanta Gold Limited’s full shareholding by Saturn Resources Limited.
02 May 2024
- NAIROBI, Kenya, May 2 – Payless Africa, a fintech that focuses on digital payments, has launched its Kenyan operations. The firm says that it will leverage technology and target youth to drive its agenda. Its CEO, Kev Muley, said that the firm seeks to…
02 May 2024
- MOSCOW, May 2 (Xinhua) — Russia’s largest carmaker AvtoVAZ in April registered a 12-year high in record monthly sales of its Lada vehicles, the company said Thursday. According to a statement, sales of Lada commercial and passenger vehicles in Russia…
02 May 2024
- NAIROBI, Kenya, May 2 – The government has committed to supporting the growth of local industries in the manufacturing sector to increase its contribution to GDP to 20 percent by 2027. Speaking during the re-commissioning of the East African Portland…
02 May 2024
- NAIROBI, Kenya, May 2 – The Bank of South Sudan Governor, James Alic Garang, has urged Kenyans to invest in the country. Garang gave an example of the property market in cities like Juba, among others, which he added provided huge investment…
02 May 2024
- The rights of Kenyan workers in the energy sector must be taken into consideration due to the possible job misalignments that might arise.
02 May 2024
- Eric Ndegwa, a building material supplier, said the government should have involved key players in the mining sector before drafting the regulations.
02 May 2024
- The farmers cited a recent announcement by the interim Sugarcane Pricing Committee that reduced sugarcane buying prices to Sh5,100 from Sh6,050 per tonne.
02 May 2024
- NEW DELHI, May 2 (Xinhua) — Two workers were killed after a boiler exploded inside a rubber factory in the northern Indian state of Punjab, police said Thursday. The explosion took place Wednesday night inside the factory in an industrial area of Jaspal…
02 May 2024
- NAIROBI, Kenya, May 2 – The National Treasury (NA) has reduced the budget for the financial year 2024–2025 by Sh273 billion owing to a decline in revenue collection. This means that the Ministry will cut expenditure from Sh4.188 trillion to Sh3.92…
02 May 2024
- NAIROBI, Kenya, May 2 – 120 riders on Bolt, a ride-hailing platform, have been selected to undergo a one-month entrepreneurial training course. Under its Accelerator Program in Kenya, they will be trained on online business through the Bolt Academy in…
02 May 2024
- NTT DATA, formerly known as Dimension Data, has urged both private and public institutions across East Africa to reassess their cybersecurity strategies in response to the escalating influence of Generative Artificial Intelligence (Gen-AI) and its…
02 May 2024
- GoSolr, a company supported by South African mogul Patrice Motsepe and the largest bank on the continent, intends to invest 10 billion rand ($537 million) in implementing a program to lease solar panels and batteries to households in the country, which…
02 May 2024
- GoSolr, a company supported by South African mogul Patrice Motsepe and the largest bank on the continent, intends to invest 10 billion rand ($537 million) in implementing a program to lease solar panels and batteries to households in the country, which…
02 May 2024
- NAIROBI, Kenya, May 2 – Healthcare experts have discussed the importance of artificial intelligence (AI) in the sector, acknowledging its role in enhancing disease detection, optimizing processes, and improving patient care standards. This was…
02 May 2024
- SINGAPORE, May 2 (Xinhua) — Singapore’s major banking group DBS saw its net profit for the first quarter rise 15 percent year on year to a record 2.96 billion Singapore dollars (about 2.18 billion U.S. dollars), according to the bank’s quarterly…
02 May 2024
- NAIROBI, Kenya, May 2 – Legislators have rejected the Sh8 billion Social Health Insurance (SHA) ICT system set to replace the National Health Insurance Fund (NHIF). The lawmakers led by National Assembly Health Committee Chair Robert Pukose stated that…
02 May 2024
- Anchor Bay Productions has been nominated for the Annual Journalism Excellence Awards (AJEA), marking its debut in Kenya’s prestigious journalism awards. The Media Council of Kenya reported a record-breaking 1,081 entries for this year’s awards,…
02 May 2024
- The leaders of numerous African states convened in Nairobi, the capital city of Kenya, to talk about financing for the International Development Association of the World Bank. Discussions on key areas where wealthy nations and their development partners…
02 May 2024
- Dettol has announced celebrated actress and producer Sarah Hassan as the brand ambassador of Dettol Skincare. The actress, who last month scooped Best Lead Actress in a TV Drama for her during the Kalasha Awards, has risen to be one of the most revered…
02 May 2024
- According to reports on Tuesday, Uganda and the United States have collaborated on a pharmaceutical project. The report indicated that the US's Walter Reed Army Institute of Research (WRAIR) teamed up with Ugandan scientists to develop an HIV vaccine.…
02 May 2024
- WASHINGTON, May 1 (Xinhua) — The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up. The central bank’s latest decision…
02 May 2024
- NAIROBI, KENYA, MAY 5 – A large number of High net-worth Individuals in the country have embraced the use of renewable energy in their properties and investments, according to the latest surveys. Knight Frank’s 2024 survey spotlighted that 90 percent of…
02 May 2024
- Imperial Citizenship, a Dubai-based firm specialising in Citizenship and Residency by Investment (CRBI) solutions, has set its sights on Africa's burgeoning wealth with the launch of a new office in Lagos, Nigeria.
02 May 2024
- Mali experienced its hottest day on record last month, with temperatures soaring to 48.5°C. The intense heat has continued across large parts of the country, leading to an increase in demand for cooling essentials like ice.
02 May 2024
- Twiga Foods on 30th April 2024 announced the appointment of Charles Ballard as its new Chief Executive Officer following completion of a comprehensive global search process.
02 May 2024
- The exchequer has also revised down its revenue estimates to reflect the reality of below par mobilisation efforts in recent fiscal years.