Business

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.

08 July 2024 - Obesity has long been associated with adults but children also suffer from obesity.

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 - Their hiring will be financed through budget cuts from other government agencies’ vote heads in the first supplementary budget for the current financial year.

08 July 2024 - EAC gazetted taxes under the common external tariff (CET) came into force, reversing the gains made by the shelving.

08 July 2024 - The withdrawal of the Finance Bill 2024 is set to force the review of targets for future disbursements by the IMF, including the primary budget balance of the national government and tax revenue.

08 July 2024 - The national carrier and Air France in 2019 agreed to share the route but the deal had not been implemented.

08 July 2024 - Having been in the country for decades, Bata shoes are ingrained in the larger Kenyan heritage.

08 July 2024 - The country’s largest public hospital owed suppliers Sh2.9 billion as of June 30, 2023, an increase of 83 percent from the Sh1.6 billion it owed at the end of the 2022 financial year, the latest...

08 July 2024 - Mr Ndegwa, who was appointed as Safaricom CEO in April 2020, had seen his stake in the company remain unchanged at 895,000 shares since 2021.

07 July 2024 - The leaders of Burkina Faso, Mali, and Niger chose to keep going with their plan to leave the West African bloc and form their confederation. To this effect they recently signed a treaty, resolving to leave a bloc that continues to advocate for the…

07 July 2024 - LSK said an order to establish a taskforce to audit the country's public is debt unconstitutional. It resolved that neither the LSK president or members will participate in the taskforce.

07 July 2024 - Although AI is going to make the biggest impact in businesses and individual lives, sustainability and power-hungry issues among other bumps on the road toward full realization.

07 July 2024 - In a move to offset stagnating revenues from traditional voice and SMS services, Safaricom is seeking to expand its enterprise software offerings through strategic partnerships.

07 July 2024 - It enjoys a 32%  market share.

07 July 2024 - JUKY 7 – Helen Young still has nightmares about the fortnight that she was made to believe she was on China’s most wanted list. Scammers posing as Chinese police manipulated the London-based accountant into believing she was under investigation for a…

07 July 2024 - NAIROBI, July 7 (Xinhua) — A lone post at the edge of a road in Kenya’s northwestern county of Samburu announces a partnership to provide water to the area. Both the words on the signboard and the stone water tank next to it go unnoticed by residents…

07 July 2024 - Resign! Tegat/Toror tea factory board asks John Chebochok

07 July 2024 - NEW DELHI, July 7 (Xinhua) — India’s federal minister of parliamentary affairs Kiren Rijiju Saturday said the newly elected government will present its first federal budget in the lower house of parliament on July 23. According to Rijiju, the budget…

07 July 2024 - NAIROBI, Kenya, July 7 – Women’s World Banking has continued its efforts to advance women’s financial inclusion.  The organization hosted industry leaders, policymakers, and advocates from across Africa in an event aimed at spotlighting the urgent need…

07 July 2024 - In Africa, several economic challenges almost make good quality of life seem like a mirage in the desert. Despite this, some African countries still rank better than others in terms of quality of life.

07 July 2024 - By the time he left, the revenue had soared from Sh180bn in 2002 to Sh635bn in 2011.

07 July 2024 - By the time he left, the revenue had soared from Sh180bn in 2002 to Sh635bn in 2011.

07 July 2024 - Many fitness enthusiasts are now opting for personal trainers to help them stay consistent.

07 July 2024 - The Kenya Literature Bureau is among the 11 parastatals earmarked for privatisation.

07 July 2024 - The type and diversity of seeds available will also determine the diversity of food available on our plates and ultimately our diets and health status. "We are what we eat".

07 July 2024 - Cottage industries hold the key to inspiring a flourishing manufacturing culture in spite of the rudimentary domiciles they operate in.

06 July 2024 - Kenya's cement consumption declined sharply in the first quarter of 2024, stoking concerns about the health of the country's construction sector and broader economy.

06 July 2024 - COLOMBO, July 6 (Xinhua) — Sri Lanka’s earnings from tourism rose to over 1.5 billion U.S. dollars in the first six months of 2024, a 77.9-percent increase year on year, the Central Bank of Sri Lanka (CBSL) said in its latest weekly report. Tourist…

06 July 2024 - NAIROBI, Kenya, July 6 – The Chairman of East African Cables, M.G. Waweru, has passed on, the Board of TransCentury has announced. Waweru, who died yesterday, has been serving as the EA Cables Board Chairman since 2017. “He was not only a visionary…

06 July 2024 - With its huge market, Nigeria plays a significant role in the continent's economic landscape. African economic integration and development benefit from intra-continental trade. Nigeria's strong engagement in intra-African trade adds to the growth of a…

06 July 2024 - Senegal has hinted at plans to withdraw from a 700 million-euro contract with a firm from the Middle Eastern giants; Saudi Arabia. This is part of the new administration’s plan to pull out of deals they deem unfavorable signed under the former…

06 July 2024 - This pioneering initiative brings together top communications and marketing experts and leaders from across the world to arm tourism and destination management organizations.

06 July 2024 - The government seeks to plug in the hole left by Sh344.3 billion after President Ruto declined to assent to the Finance Bill, 2024.

06 July 2024 - The livestock sub-sector contributes over 90 per cent of agricultural gas emissions into the atmosphere which if addressed will help mitigate the global temperature increase.

06 July 2024 - Eskom Holdings SOC Ltd. announced on Friday that the country has reached 100 days without any so-called load-shedding.

06 July 2024 - JAKARTA, July 6 (Xinhua) — Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan clarified the nation’s proposed 200 percent import tariff amid rising speculations on Friday, noting that the tariff is not aimed…

06 July 2024 - NAIROBI, Kenya, July 6 – Faulu Microfinance Bank has received a Sh900 million investment from its parent company, Old Mutual, to boost operations. The lender also announced plans to grow its digital banking offering as well as enhance support for micro…

06 July 2024 - The International Organization for Migration Kenya (IOM), has partnered with Kenya Airways (KQ) to enhance efforts against human trafficking.

06 July 2024 - Zimbabwean President Emmerson Mnangagwa suggested that ZIG - the nation’s new gold-backed currency will become the sole legal tender before the 2030 deadline, phasing out the current multicurrency system.

06 July 2024 - LSK says auditing is the job of the Auditor-General and that the taskforce is unconstitutional.

06 July 2024 - KISUMU, Kenya,  July 6 – Smart Applications International Ltd (Smart), a leading ICT solutions provider in Africa, has commissioned a state-of-the-art Biometric Time Attendance and Access Control System in partnership with the Kisumu County Government…

06 July 2024 - Investors in Kenya’s tourism sector have been encouraged to seize the opportunities presented by the Magical Kenya Travel Expo (MKTE) to network and explore partnerships with global buyers, in a quest to improve tourism business in the country.

06 July 2024 - Marius loves big tables. To laugh, bond, eat. I had been briefed that he is a man of few words, slicing the fat off his sentences for lean, quick, ripostes.

06 July 2024 - The ECOWAS currency is aspired to become a cornerstone of economic integration, streamlining trade and bolstering monetary stability across the region.

06 July 2024 - NAIROBI, Kenya, July 6 – Did you know that Kenya is among the leading African nations to embrace drone technologies in various sectors? This fact was recently revealed by Unmanned Aircraft Systems (UAS) enthusiasts in the continent during the Elevate…

06 July 2024 - ANKARA, July 6 (Xinhua) — A combination of a new visa program and lower overall expenses is driving a surge of Turkish tourists to the Greek Islands, industry officials and travelers report. Engin Celik, a university teacher from Ankara, recently…

06 July 2024 - NAIROBI, July 6 (Xinhua) — Revenue generated from Kenya’s Standard Gauge Railway (SGR) freight services rose 3 percent in the first quarter of 2024 compared to the same period in 2023, according to data released by the Kenya National Bureau of…

06 July 2024 - BY VICTORIA GORO JULY 6 – The film and television industry is an exciting one, full of opportunities, rapid innovation and constantly shifting collaboration networks. However, the same factors that make the sector so attractive, also make it hard for…