Business

11 June 2024 - A court has directed an investigator to obtain all documents from a bank that is being investigated over alleged banking fraud.

11 June 2024 - june 11 – With China accused of selling electric cars at artificially low prices, the European Union is widely expected to hit them with tariffs this week. The BYD Seagull is a tiny, cheap, neatly styled electric vehicle (EV). An urban runabout that…

11 June 2024 - Insurance Regulatory Authority(IRA) has termed as null and void communication made by Royal Credit Limited in regards to the operations of Directline Assurance Company.

11 June 2024 - Some African economies are projected to be among the world's largest economies in 2075. These countries can leverage their youthful populations and natural resources to drive economic growth.

11 June 2024 - President Lazarus Chakwera said the crash site was in a mountainous part of the Chikangawa Forest.

11 June 2024 - HANOI, June 11 (Xinhua) — Vietnam’s domestic motorbike market has reached a point of saturation, Vietnam News Agency reported Tuesday, citing the Vietnam Association of Motorcycle Manufacturers’ experts. Although Vietnam remains the world’s leading…

11 June 2024 - NAIROBI, Kenya, Jun 11 – Governors are calling on the Kenya Revenue Authority (KRA) to stop imposing Value Added Tax (VAT) on county governments’ revenue sources, along with the associated interest and penalties. The Council of Governors (CoG) has…

11 June 2024 - Stakeholders and diaspora organisations have rallied together and urged the government to reconsider the proposed amendments outlined in the Finance Bill 2024.

11 June 2024 - Safaricom overcharged Hustler Fund borrowers to the tune of Sh368 million in the seven months to June 2023.

11 June 2024 - TOPLINE Amazon founder Jeff Bezos overtook French luxury goods tycoon Bernard Arnault as the second-wealthiest person in the world Monday morning after LVMH’s shares fell and Amazon shares slightly increased—and the pair continued to flip-flop…

11 June 2024 - A collaborative effort between Schneider Electric Limited Kenya, the State Department for TVET, The French Ministry, and the National Education has seen the launch of a centre of excellence equipped with electrical and automation systems to provide…

11 June 2024 - The Insurance Regulatory Authority says it has the sole authority to “approve, suspend or cancel” the operations of any insurance company in Kenya.

11 June 2024 - High inflation typically has severe negative effects on any given economy, particularly in African countries. High inflation creates serious barriers to sustained growth, affecting everything from social stability and economic decision-making to…

11 June 2024 - Pwani Oil Products Limited (Pwani Oil), through its Beauty Soap, Afrisense Bathing Bar, has announced its sponsorship of the 2024 Miss Earth Kenya, which comes after a bootcamp starting 16th July to 19th July, 2024.

11 June 2024 - The BRICs group's latest member, Ethiopia, seems to have begun leveraging the group to bolster economic ties with fellow members of the bloc. Ethiopia and Russia reaffirmed their commitment to bolstering political dialogue and unifying strategies…

11 June 2024 - Access Bank Plc has announced the successful acquisition of African Banking Corporation (Tanzania) Limited, aligning with its strategic expansion plans.

11 June 2024 - NAIROBI, Kenya, Jun 10 – The Insurance Regulatory Authority (IRA) has revoked Promed Healthcare Administration Limited’s operating license. Through a notice, the Authority’s Chief Executive Officer, Godfrey Kiptum, noted that the facility’s license was…

11 June 2024 - SYDNEY, June 11 (Xinhua) — One of Australia’s four major banks has ruled out the possibility that the country’s Reserve Bank would cut its cash rate target this year. “Since November 2022, we have expected that the first cash rate cut in Australia this…

11 June 2024 - iZola, a leading health-tech startup specialising in solutions for parents of children with neuro-divergent conditions such as Autism Spectrum Disorder (ASD), has appointed Dr Leah Kirumbi as Chief Medical Advisor.

11 June 2024 - As a result of poor performance, Nation Media Group has announced massive layoff this year to stay afloat in the fledgling media industry.

11 June 2024 - South Africa's Safair and Kenya Airways secured positions among the most punctual airlines in the Middle East and Africa (MEA) region in 2023, as reported by Cirium in its annual assessment of the world's top global airlines for on-time performance.

11 June 2024 - SAN FRANCISCO, June 10 (Xinhua) — Apple on Monday introduced Apple Intelligence, the personal intelligence system for iPhone, iPad, and Mac that combines the power of generative models with personal context at the WWDC24 event. “Apple Intelligence is…

11 June 2024 - NAIROBI, June 10 (Xinhua) — Kenya on Monday launched a Pan-African accreditation scheme for locally trained professionals and domestic products to boost their global recognition. Walter Juma Ongeti, chief executive officer of the state-owned Kenya…

11 June 2024 - SINGAPORE, June 11 (Xinhua) — Singapore Airlines (SIA) has offered 10,000 U.S. dollars to passengers who suffered minor injuries on board of the turbulence-hit flight SQ321 in May, the company said Tuesday. SIA would invite passengers who sustained…

11 June 2024 - Prof Gitonga tells MPs Finance Bills having negative effects from an economic point of view.

11 June 2024 - Executives blame layoffs on poor business performance and cost-cutting measures.

11 June 2024 - There is a growing trend in the hospitality industry whereby cafes set up shop near clubs and nightlife venues.

11 June 2024 - The Co-operative Bank of Kenya (Co-op Bank) on Monday disbursed Sh8.8 billion as dividends to shareholders for the year ended 2023.

11 June 2024 - NTV last evening appeared to be raring to set the pace for the planned staff Nation Media Group layoff.

11 June 2024 - Treasury did not allocate funds for the payment of pending bills.

11 June 2024 - Agricultural Development Corporation (ADC) leased land to an unnamed investor at Sh500 an acre annually.

11 June 2024 - In the Philippines, where the work culture is a blend of tradition and modernity, choosing the right Office table requires careful consideration.

11 June 2024 - The National Assembly budget and appropriation committee has directed the National Treasury to cancel a Sh90.7 billion debt.

11 June 2024 - At Betty Kibaara's home in Nairobi's Karen, it feels like walking through a mini-Eden of colours.

11 June 2024 - An overwhelming 87% of Kenyans are opposed to the introduction of new taxes.

11 June 2024 - The Central Bank of Kenya (CBK) has taken measures to tighten the disparity between interbank rates and its benchmark lending rate in a bid to reduce credit costs.

11 June 2024 - Kenyans relying on Public Service Vehicles (PSVs) could soon be hit with a steep increase in price.

11 June 2024 - More CEOs plan to trim their workforce this year.

11 June 2024 - The Public Service Superannuation Fund (PSSF) realised Sh2.1 billion in paper losses.

11 June 2024 - CIC Insurance Group shareholders have approved the creation of three new subsidiaries.

11 June 2024 - Electricity prices have increased by an average 2.8 percent or 86 cents per unit this month.

11 June 2024 - Today I want to explore tensions between levels in organisations.

11 June 2024 - I have 6,000,000 in cash and I will receive 150,000 a month from a pension for the next 10 years. What are some medium risk/return investment options that I should explore?

11 June 2024 - Co-operative Bank on Monday paid out a total dividend of Sh8.8 billion to its investors.

11 June 2024 - Earnings from fresh fruits, vegetables, nuts, and cut flowers grew by 15.2 percent between January and April.

11 June 2024 - The government failed to remit Sh219.9 million in its share of contributions to the Public Service Superannuation Fund (PSSF).

11 June 2024 - A committee of the National Assembly has asked KRA to explain delays in issuing a permit to a Japanese investor.

11 June 2024 - Jean-Francois Baril has the infectious mirth of his favourite customer Generation Z.

11 June 2024 - Kenya's railway sector is on the cusp of significant development with the upcoming construction of the Riruta/Lenana to Ngong Metre Gauge Railway (MGR) line.

11 June 2024 - When it comes to the Crème de la crème in television entertainment, Game of Thrones sits up there as one of the greats.