Business

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…

06 July 2024 - The government only got Sh487.5millionout of Sh20 billion as the investors tread with caution.

06 July 2024 - The digitally-enabled service will be provided through an online app

06 July 2024 - BY BENTE KROGMANN JUKY 6 – Despite the stagnant penetration rate of below three percent, the insurance landscape in Africa holds promise, brimming with opportunities and potential. Given Africa’s high mobile penetration, especially with smartphones…

06 July 2024 - When the leaves of the tree are gently treated, they preserve all the nutrients in the easy-to-use powder.

06 July 2024 - Data shows eight million met the June 30 deadline being 1.7 million more from last year.

06 July 2024 - Boeing faces a fresh legal reckoning now that prosecutors have concluded the company flouted an earlier settlement addressing the disasters.

06 July 2024 - Though the brucella bacteria mainly infect through ingestion, they prefer to settle in the reproductive tissues in cows and bulls.

06 July 2024 - Short-term Treasury bills now favoured amid lack of clarity on borrowing target.

05 July 2024 - Despite being characterized by its operations outside of a legal framework be it a pro or con, informal businesses in Nigeria are being taxed similarly to registered organizations. A recent report revealed that a significant portion of the informal…

05 July 2024 - Africa’s richest man Aliko Dangote and other members of a new 31-member economic council will meet and report monthly to Nigeria’s President, who has presented an emergency plan for the next six months. Aliko Dangote, President of the Dangote Group,…

05 July 2024 - TOPLINE Khabane “Khaby” Lame, a TikTok user known for his videos silently mocking absurd “life hack” clips, is the most followed TikToker through the first half of this year with over 162 million followers—putting him about 7 million over second-place…

05 July 2024 - President William Ruto has made a bold move by eliminating the budget for the offices of Kenya's first and second ladies following nationwide protests.

05 July 2024 - The balance of Sh169 billion will be raised through additional borrowing.

05 July 2024 - The National Police Service(NPS) has refuted claims that Kenyan police have been killed.

05 July 2024 - NAIROBI, July 5 (Xinhua) — Kenyan President William Ruto on Friday appointed an independent taskforce to conduct a forensic audit of the country’s public debt, aiming to reduce government spending. Addressing a televised news conference in Nairobi, the…

05 July 2024 - ADDIS ABABA, July 5 (Xinhua) — The Ethiopian House of Peoples’ Representatives (HoPR), the lower house of parliament, approved a record budget of 971.2 billion Ethiopian birrs (about 16.83 billion U.S. dollars) for the 2024/2025 Ethiopian fiscal year,…

05 July 2024 - NAIROBI, Kenya, July 5 – The Health Ministry has pledged to ensure all outstanding remittances are settled before the end of the transition from the National Health Insurance Fund (NHIF) to the new Social Health Authority (SHA). Health Cabinet…

05 July 2024 - With support from parent company, Old Mutual, management affirms lender is stable.

05 July 2024 - Filing returns has emerged as one of the taxman’s preferred ways to net tax cheats.

05 July 2024 - foreign direct investment (FDI) inflows in East Africa decreased by 3 per cent

05 July 2024 - The country imported goods worth Sh126.1bn from the Far East country.

05 July 2024 - The Space Exploration & Research Agency (SERA) has partnered with Nigeria’s National Space Research and Development Agency (NASRDA) to send a Nigerian astronaut aboard Blue Origin’s New Shepard suborbital rocket. SERA’s initiative aims to enhance…

05 July 2024 - By Dr. Mercy Korir NAIROBI, Kenya, July 5 – Nicotine use can be traced back to 12,300 years ago. Global tobacco trends show a decline, with 1.25 billion people still smoking. According to the World Health Organisation (WHO), 19 million stopped smoking…

05 July 2024 - Drones play a crucial role in disaster management by providing real-time imagery for rapid response.

05 July 2024 - Muriuki is the second largest shareholder in the bank with 117.5 million shares after Co-op Holdings Cooperative Society Limited which has a 64.56 per cent stake in the lender.

05 July 2024 - Social media analysts emphasize that the future success of Threads in the country hinges on several factors, including the introduction of monetization options for influencers

05 July 2024 - KUALA LUMPUR, July 5 (Xinhua) — A gas leak at an aircraft engineering facility in Malaysia’s Kuala Lumpur International Airport affected 39 people, authorities said. The leak occurred at the aircraft engineering facility separate from the passenger…

05 July 2024 - NAIROBI, Kenya, July 5 – The government plans to borrow more to fill the budget hole left after the removal of the Finance Bill 2024 by President William Ruto, which was to raise Sh346 billion in additional taxes. In an address to the nation, the Head…

05 July 2024 - President William Ruto's address to the nation

05 July 2024 - Live: President William Ruto's address to the nation

05 July 2024 - NAIROBI, Kenya, July 5 – Meru Governor Kawira Mwangaza has urged Controller of Budget Margaret Nyakang’o to correct an error in her report indicating that Meru County spent close to Sh1 billion on foreign travels, while the actual spend was Sh42…

05 July 2024 - The latest move follows a directive from the Central Bank of Kenya

05 July 2024 - Data breaches are a global problem, but the consequences can be especially severe in African countries. As the continent quickly digitizes, the dangers of data breaches grow, posing serious concerns to economic stability, national security, and…

05 July 2024 - JULY 5 – Mortgage costs are still the biggest challenge facing homebuyers and those coming to the end of fixed-term deals, the UK’s biggest mortgage lender has said. However, the squeeze caused by higher interest rates is likely to ease gradually as…

05 July 2024 - NAIROBI, Kenya, July 5 – Revenue collected by Nairobi County hit a record high of Sh12.8 billion in the 2023–2024 financial year (FY) that ended July 31, buoyed by improved collection in various sectors. The administration had in the last fiscal year…

05 July 2024 - This tale starts with a friend telling me that she had the best brisket in town at this new joint called The Bull on Southern Bypass.

05 July 2024 - Samsung says they expect a 30 per cent increase in the sales of premium TVs

05 July 2024 - The agenda of the press conference has not been revealed.

05 July 2024 - JULY 5 – Sex toys and many other erotic items are to be banned from online marketplace Etsy – sparking a backlash from sellers. Also prohibited from 29 July will be items which – when modelled – expose body parts such as female nipples or the cleft…

05 July 2024 - NAIROBI, Kenya, July 5 – A total of 24 lecturers drawn from different universities have completed the Microsoft Africa Development Centre’s (ADC) intensive upskilling programme, which was launched in partnership with Microsoft Leap. The 2nd cohort…

05 July 2024 - NAIROBI, Kenya, July 5 – More multinational companies will stop buying tea from Toror Factory after the appointment of John Chebochok as a new director. Lipton Tea and Infusions Company has announced that it will no longer purchase tea from the Tegat/…

05 July 2024 - Nigeria has successfully won the bid to host the headquarters of the newly established $5 billion African Energy Bank (AEB) in Abuja.

05 July 2024 - By Ken Omami JULY 5 – About 7.4 million Small and medium-sized enterprises (SMEs) form the backbone of Kenya’s economy, contributing 40% of its GDP and employing nearly 78% of its working population. Yet, amidst this socio-economic vitality lies a…

05 July 2024 - According to a half dozen sources, oil suppliers are pulling away from doing business with the Nigerian government. These marketers have decided to suspend dealings with the country due to the debt the government continues to incur. Debts owed by the…

05 July 2024 - TOPLINE Netflix and the streaming services of NBC, Paramount Global and Warner Bros. Discovery have all increased paid U.S. subscribers to their services so far this year, a feat four other major streamers failed to achieve amid a contentious war for…