Business

09 July 2024 - JULY 9 – Thousands have protested against over-tourism in Barcelona, Spain’s most visited city, with more than 150 organizations and social movements taking to the streets. Protests against tourist overcrowding have previously taken place in the Canary…

09 July 2024 - JULY 9 – The Joint Commission International (JCI) has once again accredited the Aga Khan University Hospital as a center of excellence for treating and managing acute primary stroke. The hospital initially accomplished this milestone in 2021, making…

09 July 2024 - NAIROBI, Kenya, July 9 – The Nairobi West Hospital (NWH) has successfully conducted the first renal artery denervation procedure for resistant hypertension in Kenya and East Africa. According to Patil VijaySinh, an interventional cardiologist at the…

09 July 2024 - JULY 9 – Global trade “is not having the best of times at the moment”. That is the admission of the director general of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala. “We are seeing increasing protectionism, some undermining of the WTO…

09 July 2024 - NAIROBI, Kenya, July 9 – The Kenya Youth Employment and Opportunities Project (KYEOP) has ended since it was started in 2016. KYEOP was a flagship initiative aimed at empowering young Kenyans with business development skills, business start-up grants…

09 July 2024 - A low cost of living in some African nations indicates that the costs needed to maintain a specific quality of life are lower than in other regions. In addition to being a financial benefit, the low cost of living in several African countries serves as…

09 July 2024 - Uganda Airlines is setting the stage for a significant expansion over the next five years, aiming to double its fleet and broaden its destination network. A part of this growth strategy is the airline's decision to launch new international flights to…

09 July 2024 - Moody's downgrade of Kenya's local currency ceiling highlights significant challenges facing the country’s economy.

09 July 2024 - Kenya’s credit rating was recently downgraded by the data intelligence firm: Moody. This slash is a result of the recent Kenyan protest that coerced its government into halting its plans to raise more than $2 billion in new taxes. The protest which…

09 July 2024 - African tech startups pulled in $780 million (excluding exits) in the first half of 2024 according to a recent report by Africa: The Big Deal.

09 July 2024 - Ireland has terminated visa-free travel from South Africa and Botswana, the country’s Justice Minister Helen McEntee announced yesterday. The application of the new requirements removes Ireland as one of the last visa-free travel destinations for South…

09 July 2024 - Moody's now expects the fiscal deficit to average 4.4 percent of GDP for fiscal years 2025 and 2026

09 July 2024 - JULY 9 – China’s biggest electric car maker BYD has agreed a $1bn (£780m) deal to set up a manufacturing plant in Turkey, as it continues to expand outside its home country. The new plant will be able to produce up to 150,000 vehicles a year, according…

09 July 2024 - NAIROBI, Kenya, July 9 – The Nairobi High Court is set to hear a petition for the liquidation of Nomad Energy Limited in October this year, following a three-year delay. The petition was presented before the High Court of Kenya, Milimani Law Courts…

09 July 2024 - Nairobi sinks further in the junk territory, from “B3” to “Caa1.”

09 July 2024 - Nairobi sinks further in the junk territory, from “B3” to “Caa1.”

09 July 2024 - Moody's cut Kenya's sovereign rating deeper into junk territory on Monday, citing diminished capacity to implement a fiscal consolidation strategy to contain its debt burden.

09 July 2024 - MADRID, July 9 (Xinhua) — A groundbreaking ceremony was held on Monday for a battery gigafactory of the Chinese group Envision AESC in the western Spanish town of Navalmoral de la Mata. Noting that the project is a “victory against relocation and…

09 July 2024 - SAN FRANCISCO, July 8 (Xinhua) — The U.S. Federal Aviation Administration (FAA) said Monday it has required inspections of 2,600 Boeing 737 airplanes because passenger oxygen masks could fail during an emergency. The FAA said it required the…

09 July 2024 - NAIROBI, Kenya, July 9 – The Kenya Institute of Supplies Management (KISM) has embarked on a vigorous campaign to eliminate bogus stakeholders who are practicing in the space. KISM Chief Executive Officer Kenneth Matiba says the process will ensure…

09 July 2024 - Through her art, Joy Richu has collaborated with notable brands such as Coca-Cola.

09 July 2024 - The lender is banking on the Meru branch to boost agriculture and Small and Medium Enterprises funding.

09 July 2024 - This is in the wake of recent protests, unemployment and tough economic times.

09 July 2024 - The Kalenjin and Kikuyu communities dominate jobs at Ketraco.

09 July 2024 - Expenditure on furniture ordered from foreign countries by Kenyan traders and households has continued to grow by double-digit rates.

09 July 2024 - The High Court has declined to issue conservatory orders suspending the implementation of a directive to charge $350 (Sh44,878.51 at current exchange rates) per container of all goods destined...

09 July 2024 - Vodafone Group Plc says it has recorded a loss of €37 million (Sh5.1 billion) from the sale of the company.

09 July 2024 - Kenya has thrown a fresh hurdle on Uganda’s direct fuel import scheme.

09 July 2024 - Dorine Bolo’s front yard in Nairobi’s Karen is the most striking.

09 July 2024 - The construction sector posted the slowest growth in 17 years.

09 July 2024 - The State has cited a significant increase in the road network, weakening of the shilling and high costs of construction inputs as key factors behind the proposal to increase the road maintenance...

09 July 2024 - The Kenya Revenue Authority (KRA) missed its target for the full year ended June by Sh267 billion.

09 July 2024 - Kenya’s external debt shrunk by Sh926.1million in the three months to March.

09 July 2024 - Sika Kenya Limited and Master Builders Solutions Kenya Limited have been fined Sh17.4 million by CAK.

09 July 2024 - Listed insurers have realised a one-off Sh1.2 billion gain from adopting a new global accounting standard.

09 July 2024 - Ten years ago, almost exactly to the day, I wrote a column here about the launch of Joe Wanjui’s book, The Native Son: Experiences of a Kenyan Entrepreneur.

09 July 2024 - Kenyan taxpayers could have lost Sh1.6 billion after a fuel-testing and monitoring tender to two qualified local firms was withdrawn.

09 July 2024 - Rivatex posted a Sh347.6 million loss in the financial year ended June 2023.

09 July 2024 - Nippon Paint has launched a subsidiary in Kenya, targeting to service the East Africa market from its hub in Nairobi.

09 July 2024 - The Kenya Deposit Insurance Corporation (KDIC) has escalated its battle with Absa Bank Kenya.

09 July 2024 - The Nairobi City County irregularly used KRA bank accounts for over 13 months without an existing agreement.

09 July 2024 - They Cloned Tyrone (2023) was my favourite movie of the year.

09 July 2024 - Honouring the late Maina Wanjigi for his good deeds is redemptive.

09 July 2024 - Police officers found a grisly scene in a carwash at Amazing Petrol Station in Masikhu Market in Bungoma County after the service guy discovered a dismembered human body in the trunk of a pastor’s car that he was washing. The unidentified body had been…

09 July 2024 - The Kenyan health system has been ranked second in Africa for quality services using top-notch equipment.

09 July 2024 - Tuesday, June 25, 2024, will be forever etched into my memory.

09 July 2024 - The Aga Khan University Hospital Nairobi has been accredited as a centre of excellence for the management of acute primary stroke.

09 July 2024 - The St Joseph’s Boys National School Kitale football team won the Trans Nzoia County soccer title yesterday after defeating the St Anthony’s High School side by a score of 2-0. The results led to delirious celebrations at Kipkeipkei Boys High School in…

09 July 2024 - Investing often seems complex, especially for those who aren't experts. Many believe only financially savvy individuals can navigate it successfully.

09 July 2024 - Coffee farmers pocketed Sh18.6 billion from selling 507,878 bags of coffee through the Nairobi Coffee Exchange online trading platform between October 1, 2023 and June 21, 2024.