Business

09 July 2024 - The last two decades have been littered with examples of challenged and even disgraced corporations.

09 July 2024 - The media and entertainment industry has undergone a significant transformation in recent years, driven by advanced technologies.

08 July 2024 - A court in Kenya decided today that the government should pay Ksh10 million to the family of slain Pakistani journalist Arshad Sharif, who was killed by police while in the country in 2022. The verdict by Lady Justice Stella Ngali Mutuku of the High…

08 July 2024 - Vice is a major barrier for American businesses looking to expand their footprint in the Kenyan market as firms say they find it difficult to compete with companies willing to ignore legal standards.

08 July 2024 - The Kenyan Revenue Authority (KRA) has fallen short of its ambitious tax collection targets for the 2023/2024 fiscal year.

08 July 2024 - In 2024, several African countries are still dealing with the continuous burden of excessive inflation. This economic state, characterized by a continuous increase in the general price level of goods and services, has various serious consequences for…

08 July 2024 - Africa is a large continent with a wide range of security needs and economic capabilities across its 54 countries. As a result, defence budgets vary significantly from one country to another.

08 July 2024 - A major drug trafficker has been taken down by police in Kisii. Multiple police agencies, including the Directorate of Criminal Investigations (DCI) and the Traffic Police Department, worked together to bust the 42-year-old man. Collins Otieno was…

08 July 2024 - TOPLINE Boeing has agreed to plead guilty to a fraud conspiracy charge in a deal with the Justice Department to avoid facing trial in a federal criminal case linked to deadly crashes involving two 737 Max planes that killed 346 people in 2018 and 2019…

08 July 2024 - NAIROBI, Kenya, July 8 – 25 Kenyan students under the Huawei Seeds for Future programme completed a one-week immersion into digital technology skills during an ICT study tour in Shanghai, China last week. The programme, which coincided with MWC…

08 July 2024 - The U.S. military withdrew its personnel from Niger's Air Base 101 near the airport in the capital, Niamey. This move precedes the planned exit from a major drone base near the desert city of Agadez in the coming weeks, according to Reuters.

08 July 2024 - An 87-year-old woman in Kwale County was cut to death by unknown assailants yesterday during a goat robbery, the police said. The victim, whom the police only identified as an elderly woman from Mwololo Village, was killed after robbers wielding a…

08 July 2024 - NAIROBI, Kenya, July 8 – Most Kenyan businesses expect their performances to be affected by limited financial resources, unfavorable regulations, and supply chain instability. The Kenya National Chamber of Commerce and Industry (KNCCI) quarter-three (…

08 July 2024 - NAIROBI, Kenya, July 8 – Nippon Paint, the world’s fourth-largest paint company, has expanded into Kenya as it targets to grow market share. Through its Kenyan subsidiary, NIPSEA Paint Kenya, the company will introduce products for automotive…

08 July 2024 - JULY 8 – Carlsberg has agreed a £3.3bn deal to buy Britvic, the company which makes drinks such as Robinsons squash and J20. The Danish brewer said it would create a single beverage company called Carlsberg Britvic to grow its business in the UK and…

08 July 2024 - NAIROBI, Kenya, July 8 – The Competition Authority of Kenya (CAK) has slapped SIKA International with Sh17.5 million after merging with LSF11 Skyscraper Holdco S.a.r.l without the Authority’s knowledge. According to CAK, the transaction, which was of a…

08 July 2024 - Madison Money Market Fund is one of the money market funds in Kenya. It is owned by Madison Group Limited, a locally owned financial services holding company specialising in wealth management services and insurance through its Madison General and…

08 July 2024 - JULY 8 – Santosh Sikdar, 52, who does welding jobs for a small construction company in Kolkata, eastern India, finds the scorching weather “simply unbearable”, but says he cannot afford to skip work, even for one day. “This is a killing summer … a…

08 July 2024 - NEW YORK, July 8 (Xinhua) — The sales of fragrance is the fastest-growing in the prestige beauty sector in the United States, climbing 13 percent in the first quarter this year, according to market research firm Circana recently. Over 100 million units…

08 July 2024 - NAIROBI, Kenya, July 8 – The Ministry of Roads and Transport is seeking public views before increasing the fuel levy by Sh7 to Sh25 per liter. The exercise, which started today, was being done simultaneously in Nairobi, Central, North Rift, South Rift…

08 July 2024 - While crime is a problem in many parts of Africa, it is particularly severe in certain cities.

08 July 2024 - The summit that brought together 159 organisations from the East African region

08 July 2024 - The new branch has a key focus in supporting the dynamic agricultural community.

08 July 2024 - JULY 8 – One of Hollywood’s oldest companies, Paramount Global, has agreed to merge with independent film studio Skydance Media. Under the deal, Paramount’s non-executive chair Shari Redstone will sell her family’s controlling stake in the company in a…

08 July 2024 - NAIROBI, Kenya, July 8 – Motor vehicle dealer CFAO Mobility Kenya plans to expand its business portfolio to include the sale of electric vehicles (EVs), whose adoption is growing. The firm’s managing director, Arvinder Reel, announced that the company…

08 July 2024 - “For the first and second legs I was the second engineer and on the third and last leg, I was chief engineer.” South African sailor Vuyisile Jaca recently completed the most extraordinary journey around the world and created history that was notable…

08 July 2024 - JULY 8 – Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal crashes by its 737 Max planes that killed 346 passengers and crew. The Department of…

08 July 2024 - by Xinhua Writers Zheng Bofei, Larry Neild LONDON, July 8 (Xinhua) — The ascension of the Labour government injected rare impetus into Britain’s capital market, accompanied by many positive economic signs. On Friday, the first day of the newly-elected…

08 July 2024 - NAIROBI, Kenya, July 8 – The Kenya Revenue Authority (KRA) has clarified that if an employer provides meals valued above Sh48,000 annually to an employee, the entire value of those meals no longer qualifies as a non-taxable benefit under Section 5(4)(f…

08 July 2024 - Even while African countries are becoming more and more prominent on the global stage, several of them still confronts obstacles that other developed regions do not. One of the problems the continent faces is poverty, as a result, commodities must be…

08 July 2024 - Only 19% of Kenya's population has health insurance.

08 July 2024 - Increased demand flies in the face of Kenya's renewed policy on buying local products.

08 July 2024 - The new Prime Minister of the United Kingdom has revealed that the Rwandan deportation scheme former prime minister; Rishi Sunak, advocated passionately for will be nullified. The program is "dead and buried," Sir Keir Starmer stated on his first full…

08 July 2024 - The 12-week programme, developed and delivered in partnership with Microsoft Leap trainers, benefited lecturers from various universities.

08 July 2024 - Questions about the work ethic and contributions of Gen Z in the workplace have sparked considerable debate.

08 July 2024 - The High Court decision followed a suit by Sharpcut Designers Limited, challenging a decision by the Public Procurement Administrative Review Board.

08 July 2024 - Major conferences have been rescheduled amid hotel booking cancellations.

08 July 2024 - The current account records Kenya’s transactions with the rest of the world and specifies net trade in goods and services, payments and cross-border investments.

08 July 2024 - Failure to solve the sustainability reporting data challenge could result in errors, misstatements and reputation risks arising from inaccurate disclosures.

08 July 2024 - President William Ruto appointed her to lead a team of nine to provide the first-ever forensic audit of public debt.

08 July 2024 - The import bill for mitumba grew by a third (33.32 per cent) in the 12-month review period to Sh27.82 billion, according to the latest trade data.

08 July 2024 - KenolKobil had argued that it had good grounds of appeal and that the court should grant the stay order sought.

08 July 2024 - Kenya will spend 26.1% of its domestic revenue to repay external loans.

08 July 2024 - Cold weather makes people less active. We know that during the hot months, people generally become far more active.

08 July 2024 - Analysts say brands will increasingly be caught in the struggle between the citizenry and their governance authorities and knowing how best to navigate the minefield is crucial to their survival.

08 July 2024 - The company’s CEO said the works on the project which will take two years to complete will start early next year once feasibility studies end in December 2024.

08 July 2024 - One transformative initiative is the African Continental Free Trade Area (AfCFTA), launched in 2021.

08 July 2024 - The AfDB Group rarely, if ever, finances a project whose sole aim is to address climate change.

08 July 2024 - According to recent data from KNBS, only 19 percent of Kenya's population has health insurance, leaving a vast majority vulnerable to the uncertainties of healthcare costs.

08 July 2024 - In the first half of last year, investors traded Sh309.9 billion worth of bonds, while the full-year total for 2023 stood at Sh643.9 billion.