Business

16 July 2024 - NAIROBI, Kenya, July 16 – The Motorists Association of Kenya (MAK) has opposed the government’s move to hike the road maintenance and fuel levy from Sh18 to Sh25 per litre terming it illegal. This follows a recent announcement made by the Energy and…

16 July 2024 - Liveblog: Tuesday shutdown protests

16 July 2024 - At least 4.2 million prepaid electricity customers have updated their token meters; Kenya Power GM Eng. Oduor says company targets 7.4m customers ahead of August 31 deadline.

16 July 2024 - According to the Nigeria Extractive Industries Transparency Initiative, Nigeria lost 619.7 million barrels of oil valued at $46.16 billion over a 12-year period. Additionally, the country lost $1.84 billion worth of petroleum products from its…

16 July 2024 - Choice Bank has undergone a remarkable transformation, evolving from a diaspora-focused entity to a local powerhouse.

16 July 2024 - JULY 16 – Shares in Donald Trump’s social media company have surged after he survived an assassination attempt on Saturday. Shares in Trump Media, which runs the Truth Social platform, closed up about 31%. The price had risen as much as 70% in pre-…

16 July 2024 - JULY 16 – Russian antivirus giant Kaspersky Labs has told BBC News that it is leaving the US after the Biden administration banned sales and distribution of the firm’s software. Kaspersky said it had made the “sad and difficult decision” to leave “as…

16 July 2024 - NAIROBI, Kenya, July 16 – The High Court is set to deliberate on an application seeking the appointment of an administrator over the property and affairs of Mediheal Group Limited. The application presented by Trimurti Health Care Limited seeks the…

16 July 2024 - The Federal Government of Nigeria has facilitated the return of 190 Nigerians from the United Arab Emirates (UAE). This current development comes at a time when Nigeria and the UAE resolved their visa ban dispute. So far, the returnees have been…

16 July 2024 - Rwanda’s president; Paul Kagame is set to continue his 2-decade-long tenure as he dominates the polls in Rwanda’s presidential elections.

16 July 2024 - TOPLINE Apple tallied yet another all-time high share price Monday after a pair of investment firms meaningfully hiked their price targets for the stock, the latest positive push for Apple stock ahead of the hotly anticipated release of generative…

16 July 2024 - Uncover, Africa’s emerging beauty brand, successfully closed a $1.4 million Seed II funding round led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital and Altree Capital.

16 July 2024 - Global Peace Foundation's (GPF) Kenya's Executive Director Daniel Juma has been awarded the prestigious Hive Africa Global Leaders Award.

16 July 2024 - JERUSALEM, July 15 (Xinhua) — Israeli researchers have created advanced sensors that imitate the complex abilities of natural nervous systems, Ben Gurion University (BGU) announced on Monday. These sensors have wide potential applications in fields…

16 July 2024 - NAIROBI, Kenya, July 16 – A total of 3.2 million customers are yet to update their prepaid meters, Kenya Power has announced. Already, 4.2 million users have updated their meters out of the targeted 7.4 million meters. The utility firm is calling on…

16 July 2024 - BRASILIA, July 15 (Xinhua) — Brazil’s financial market reduced its inflation forecast for 2024 from 4.02 to 4 percent and raised the forecast for 2025 from 3.88 to 3.90 percent, the central bank said Monday. The bank’s weekly “Focus” survey of the…

16 July 2024 - Some 30,155 workers were expected to leave work by end of June 2024

16 July 2024 - Some 30,155 workers were expected to leave work by end of June 2024

16 July 2024 - Either cut Kenya's B credit score by one notch to B-, or leave it where it is and keep it on downgrade warning...

16 July 2024 - More than half of Safaricom’s voice usage in Kenya is now powered by a mix of loaned airtime, freebies and donations.

16 July 2024 - Mr Patel’s stake in the cement firm rose to 30.52 million shares, equivalent to 8.41 percent of the company’s issued shares.

16 July 2024 - Farmers cited at least seven challenges that have blocked them from using the warehouses.

16 July 2024 - When Hillary Rugut cleared a maize crop in Nandi County to plant flowers and trees, many of his neighbours thought he was insane.

16 July 2024 - The latest purchases marked the third consecutive quarter of large purchases of the banking stock.

16 July 2024 - Capital Markets Tribunal dismissed an application by Wycliffe Lindong’a Kivunira who had sought to block the CMA from imposing a Sh1 million penalty on him for impropriety.

16 July 2024 - Troy White’s apartment feels warm and it is not just because our host is chatty, friendly and quick to laugh.

16 July 2024 - Deep-pocketed investors in firms from EAC countries like Uganda, Tanzania, Rwanda and Somalia have been expanding their footprints into Kenya.

16 July 2024 - Estimates by the Treasury show the borrowing will only be revised upward by 9.2 percent or Sh54.6 billion.

16 July 2024 - The Treasury has slashed teacher resource management, electricity distribution and road maintenance.

16 July 2024 - The latest data from KNBS reveals that imports of the devices more than doubled from the Sh2.4 billion recorded in March this year.

16 July 2024 - Tyler Perry, a filmmaker both celebrated and criticised, continues to deliver, as evident in his current relationship with streaming platforms.

16 July 2024 - Today, we're talking about a mobile game—specifically a Kenyan mobile game—that can help during these moments of silence.

16 July 2024 - KDC provides long-term financing to businesses, especially the micro, small, and medium enterprises.

16 July 2024 - Somalia’s largest bank, Salaam Somali Bank, has partnered with Visa, to introduce Visa Debit and Visa Prepaid cards to its branches across the country and online.

16 July 2024 - Zepz, the group powering leading global remittance brands such as WorldRemit and Sendwave, and leading provider of digital money transfer services, has renewed its long-standing partnership with Equity Bank.

16 July 2024 - Kenya's shilling was unchanged against the dollar on Monday, LSEG data showed.

16 July 2024 - For Africa to entrench itself as a center for global trade, a blend of trade technologies, innovation and ESG principles is key.

16 July 2024 - There is a feeling that Generation Z is "running" the country going by some of President William Ruto's decisions after their protests.

16 July 2024 - Kenyan creatives are rapidly adopting Artificial Intelligence (AI) and using it to catalyse their creative process.

16 July 2024 - Brussels Airlines, a member of the Lufthansa Group and Star Alliance, touched down at the JKIA at the beginning of June with 288 passengers onboard.

16 July 2024 - The local mining industry holds immense potential, but its performance has over the years been underwhelming.

16 July 2024 - School meal programmes act as an incentive for vulnerable families to enrol their children in school and keep them there.

16 July 2024 - An organisation charging school fees should grant full scholarships to 10 percent of its student population from poor and needy backgrounds.

16 July 2024 - The design of the amnesty was such that it was automatic for any taxpayer with penalties and interest but no principal taxes due for periods up to December 31, 2022.

16 July 2024 - US has raised concerns over loopholes in Kenya’s implementation of laws and policies to protect freedom of expression and human rights respect.

16 July 2024 - One of the advantages of having collaborations between industry players and training institutions is aligning educational content with the skills young people need.

16 July 2024 - If the implementation of the RML goes through, there could be some economic and social issues.

16 July 2024 - Three-judge bench ended a two-decade dispute over the two-acre property, terming a claim by a Moi-era bigshot “hot air”.

15 July 2024 - The property is set to be auctioned over a Sh5 billion debt in a long-running dispute with Synergy Limited which owns the building. The debt has been outstanding since 2010.

15 July 2024 - A second malaria vaccine has been introduced, this time in the West African nation of Côte d'Ivoire. According to a report, the nation started a routine vaccination campaign with vaccines created by the Serum Institute of India and the University of…