Business

19 July 2024 - Spending cuts and allocations in first supplementary budget 2024/25

19 July 2024 - Jambojet CEO on new Mombasa-Zanzibar flights

19 July 2024 - New financial year 2024/25 without a Finance Act

19 July 2024 - Serena plans to develop a multi-purpose conference facility next to the hotel on its adjacent 1.12-acre--triangle, which is expected to include banqueting space, meeting rooms, office space, and...

19 July 2024 - Total gross nonperforming loans hit Sh652 billion from Sh503 billion in 2022

19 July 2024 - How to wear a bra correctly

19 July 2024 - Abuya calls his play “courageous’ because it tackles the complex and complicated topics of police brutality and the fight for justice in his original work.

19 July 2024 - A spot check shows that the app has registered over 100 million downloads on Google Play Store.

19 July 2024 - The MP claimed she had information on those illegally allocated land.

19 July 2024 - Lipton Teas has called for a virtual special general meeting (SGM) next week Tuesday July 21 for shareholders to vote on the proposal.

19 July 2024 - As a society we must agree that we are at a point where we must now take scrutiny of the public debt register to the next level- beyond both the routine and special audits which the OAG has been...

19 July 2024 - Ironically, one of the keys to Soi’s success is selling his art at affordable prices that everyday people can buy.

19 July 2024 - Sorensen has used the name Mzungu Kichaa throughout his career, even though it raises eyebrows whenever he introduces himself.

19 July 2024 - This has marked a 5.1 percent jump from the 36,107 jobs recorded in 2022, according to the new banking supervision report published by the Central Bank of Kenya (CBK).

19 July 2024 - GDC said that the independent power producer (IPP) will utilise the geothermal wellhead power plant for captive power generation with an option of the net electricity output sold to Kenya Power.

19 July 2024 - The tribunal added that the capital markets regulator ought to ensure that the administrative process is handled carefully since there are punitive consequences as a result of the quasi-judicial...

19 July 2024 - In the Mombasa auction market, millions of unsold teas are lying in the warehouses, raising concerns in the industry.

19 July 2024 - Tourism has demonstrated resilience and potential to attract more visitors.

19 July 2024 - The move is attributed to the expanded trading bloc and the opening up of Ethiopia.

19 July 2024 - Despite receiving over 500 applications, the CBK has issued only 58 licences to date, none within the 60-day period.

19 July 2024 - There’s plenty of research touting the benefits of market makers. Unfortunately, most of it is centred on developed markets and almost none on frontier regions such as Kenya.

19 July 2024 - Undoubtedly, the country’s population is dominated by young people. Persons below 15 years made up 39 percent of the population based on the 2019 census.

19 July 2024 - For Tullow Oil, the oil in Turkana is essentially a stranded asset awaiting either a strategic buyer or a “write-off”.

18 July 2024 - RIYADH, July 18 (Xinhua) — Saudi Arabian Oil Company, commonly known as Saudi Aramco, announced Thursday the completion of a bond issuance of 6 billion U.S. dollars. The company said in a statement that the issuance consists of three tranches of USD-…

18 July 2024 - NAIROBI, Kenya, July 18 – EABL CEO Jane Karuku has been picked as the new chairperson of the Kenya Association of Manufacturers (KAM). Karuku, who has been serving as vice chairperson of KAM since 2022, takes over from Rajan Shah, whose term has ended…

18 July 2024 - M/S AEE Power company seeks compensation for termination of Last Mile Connectivity contract

18 July 2024 - TOPLINE With companies like OpenAI, Google and Meta dropping increasingly sophisticated artificial intelligence products, crowdsourced rankings have emerged as a popular—and virtually only practical—way of determining which tool works best, and LMSYS’s…

18 July 2024 - On his last day as cabinet secretary for Transport, Murkomen handed Kenyans a source of pain at the pump - one that will see the cost of essential items remain high or even go up.

18 July 2024 - Tullow said that the sum remitted did not include compensation for compulsory land acquisition, but was meant for rates and taxes.

18 July 2024 - Kenyatta International Convention Centre (KICC) CEO James Mwaura has been elected Chairperson of the International Congress and Convention Association (ICCA) African Chapter, marking the first time Kenya has held this prestigious position.

18 July 2024 - National Housing Corporation (NHC) CEO David Mathu has won the Young African Business Leader of the Year Award in the 14th edition of the African Business Leadership Awards (ABLA).

18 July 2024 - Distances self from "rogue" agents.

18 July 2024 - President Bola Tinubu has approved a new minimum wage of N70,000 for workers in Nigeria.

18 July 2024 - James Mwaura will serve as the elected Chairperson for the International Congress and Convention Association (ICCA), African Chapter, for a two-year term.

18 July 2024 - The increase in tertiary student enrollment in African universities is a trend that will have a significant impact in Africa considering that the majority of the population is young. As more youth pursue higher education, there are greater potential…

18 July 2024 - Report shows nine banks breached the single obligor rule in the Banking Act while three were in breach of single insider borrower limit

18 July 2024 - The seat fell vacant after President William Ruto early in the month dissolved cabinet

18 July 2024 - Move informed by financial struggles facing Exchequer in light of growing debt repayment obligations and missed revenue collections.

18 July 2024 - Uganda Airlines has expanded its routes to Abuja, Lusaka, and Harare to strengthen its market position. They announced the decision on Wednesday, noting that it aims to boost income and improve fleet usage. Some have criticized the move citing the new…

18 July 2024 - On Wednesday, the foreign, defence, and energy ministers of Turkey travelled to Niger to secure access to the nation's abundant uranium deposits.

18 July 2024 - Ekaterra will get an additional stake if Lipton shareholders approve the conversion of its Sh18.59bn loan in the tea firm into equity.

18 July 2024 - The judge ruled although Epra has a mandate to regulate operators, it should do so within the ambit of the law.

18 July 2024 - Ex-workers are seeking an additional Sh103.8 million to the initial Sh154.8 million awarded to them by the High Court

18 July 2024 - Ekaterra will get an additional stake if Lipton shareholders approve the conversion of its Sh18.59bn loan in the tea firm into equity.

18 July 2024 - LONDON, July 18 (Xinhua) — The number of adults in England who report vaping for more than six months has “increased substantially” from 2013 to 2023, a new study led by researchers from University College London (UCL) showed. The recently published…

18 July 2024 - Report shows nine banks breached the single obligor rule in the Banking Act while three were in breach of single insider borrower limit.

18 July 2024 - KAMPALA, July 18 (Xinhua) — Uganda’s coffee exports have recorded the highest foreign exchange earnings in 30 years due to improved quantity and quality, a state regulator said Thursday. The country earned 1.14 billion U.S. dollars from coffee exports…

18 July 2024 - NAIROBI, Kenya, July 18 – The State Department of Medical Services has requested Parliament to allocate it Sh6 billion for low-income households’ health insurance. Appearing before the National Assembly Departmental Committee on Health, Medical…

18 July 2024 - She succeeds Rajan Shah, whose term has come to an end.

18 July 2024 - The use of payment cards is growing steadily in Kenya, supported by a rising banked population