Business

06 June 2024 - The Scrap Metal Council, under the Ministry of Industry, has expressed concern following the release of intercepted scrap metal at the Namanga border point.

06 June 2024 - Treasury Cabinet Secretary Njuguna Ndung'u has expressed concern over the country's burgeoning population, which he says poses a challenge in the face of a less vibrant economy.

06 June 2024 - Uganda's finance ministry has signed an agreement with South Korea for a $500 million loan to help finance infrastructure building in the East African country. The agreement, announced on Thursday, was signed by Uganda's finance minister, Matia Kasaija…

06 June 2024 - Digital taxi-hailing companies Uber and Bolt are warning that they could exit the Kenyan market over high operating costs due to a new tax proposal if the 2024 Finance Bill is passed.

06 June 2024 - The Kenyan Digital Ecosystem has benefited greatly from the Strengthening intermediaries of the Kenyan digital innovation ecosystem (SKIIVE) project through the fostering of business digital capacities, especially for SMEs and start-ups thus supporting…

06 June 2024 - Oil means different things to different African countries, but at the end of the day, it plays a big role in shaping the continent's economy. Some countries see it as a major economic driver, while others rely on it as their main energy source.

06 June 2024 - AGCM fined Meta 3.5 million euros ($3.8 million) for a lack of transparency in its use of data.

06 June 2024 - JUNE 6 – The urgency of the climate crisis and its effects on child health are undeniable. According to the latest annual report of the Lancet Countdown on health and climate change, 2023 saw the highest global temperatures in over 100 000 years.…

06 June 2024 - NAIROBI, Kenya, June 6 – Civil society organizations under the banner of Okoa Uchumi have expressed concerns over the recently released budget estimates for the financial year 2024-2025. The umbrella body bringing on board 18 civil groups led by…

06 June 2024 - TOPLINE Chip designer Nvidia surpassed Apple’s market capitalization Wednesday for the first time ever, becoming the 2nd most valuable company in the world after a year of white-hot stock gains charged by an artificial intelligence craze. KEY FACTS…

06 June 2024 - •Lasting change requires the establishment of new behaviours that make sense to employees and have a positive impact on customers •Transforming a culture depends on how long it took you to build the culture you have - the one that needs to change

06 June 2024 - The first episode of Nilichoma, now streaming on Showmax, follows Stephen Kevogo, a marketer who, while earning Ksh 800,000 a week, became addicted to drugs, women, and alcohol, losing his family and job as a result. Nilichoma, the first-ever Showmax…

06 June 2024 - A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models.

06 June 2024 - A consortium, including the African Development Bank, has signed an agreement to provide $94 million in senior debt funding to PMD Assetco Limited (PMD) for constructing and operating a floating dock ship repair facility in Ghana’s western Takoradi…

06 June 2024 - Africa, renowned as the world's second-largest and second-most-populous continent, boasts an expansive total land area exceeding 11,724,000 square miles (30,365,000 square km), encompassing about one-fifth of the Earth's total land surface.

06 June 2024 - A day of labor strike across Nigeria saw a substantial loss of revenue across sectors. However, the oil sector took a huge blow, losing billions of Naira in just one day. This is based on estimates of Nigeria’s daily oil production volume against the…

06 June 2024 - State begins refunds to policy holders of defunct Xplico insurance

06 June 2024 - Kenya's Purchasing Managers’ Index (PMI) rose to 51.8 in May.

06 June 2024 - Move aimed at curbing illicit trade in the country, estimated at about Sh820bn.

06 June 2024 - 85,400 public civil servants are expected to retire in the next 3 years.

06 June 2024 - Kansai Plascon EA chief says there is a major shift to water-based paints, use of recycled and eco-friendly raw materials

06 June 2024 - Ride hailing firms say proposed taxes will lead to collapse of the industry due to losses or low margins.

06 June 2024 - By Dan Muranga JUNE 6 – Poultry, particularly chicken, is a beloved source of protein worldwide, enjoyed in countless culinary preparations across the globe. However, maintaining its safety is crucial to prevent foodborne illnesses caused by bacteria…

06 June 2024 - Russia plans to expand its military influence in West Africa. Russia has long sought to strengthen its connections with Africa, with West Africa as a focal point. So far this year, the Kremlin has dispatched soldiers to Niger, replacing US forces…

06 June 2024 - The move raises accountability fears, deals blow to checking public money spending.

06 June 2024 - By Dr. Kibet Shikuku JUNE 6 – World Transplant Day is a time for us to come together and celebrate the incredible gift of life that organ transplants provide. It’s a day to reflect on the amazing medical advancements that have made these life-saving…

06 June 2024 - Segun Ogunsanya, outgoing CEO of Airtel Africa, has been named winner of the prestigious Lifetime Achievement Award at the 14th African Business Leadership Awards (ABLA) 2024.

06 June 2024 - PSC has termed the Guidelines for the Management of State Corporations as illegal and unconstitutional.

06 June 2024 - Land is not a bad investment but when it is dead capital then it is a bad investment.

06 June 2024 - How far can a founder's vision take a business?

06 June 2024 - Private sector activity in Kenya defied ravaging floods to grow at the fastest pace.

06 June 2024 - Counties opened 287 additional accounts at commercial banks between December and March.

06 June 2024 - Kenyans had defaulted on more than Sh630 billion loans in April 2024.

06 June 2024 - Kenyans living in rural areas are getting richer much faster than millions of their counterparts in the cities.

06 June 2024 - Controller of Budget has questioned the slow progress of the 300 megawatts (MW) Suswa geothermal project.

06 June 2024 - China Square has leased a branch owned by Uchumi Supermarkets on Nairobi’s Langata Road.

06 June 2024 - Twelve counties have emerged as the trendsetters in raising their own revenues.

06 June 2024 - The 2024 Economic Outlook reports reveal that Africa remains the second fastest-growing region after Asia in 2024 and 2025.

06 June 2024 - Kuza Asset Management has attained a milestone after assets managed by the unit trust hit the Sh1 billion mark.

06 June 2024 - The National Treasury's new excise tax plan for alcoholic products will make them unaffordable to many consumers.

06 June 2024 - Insurance firms have warned of compliance headaches on the Treasury's proposed annual tax on motor vehicles.

06 June 2024 - East African Cables is targeting to unlock Sh350 million from the sale of its non-operating assets.

06 June 2024 - The Postal Corporation of Kenya has sent home 29 staffers who were found to have forged academic documents.

06 June 2024 - Eveready East Africa Plc is seeking a Sh160 million loan from one of its existing shareholders.

06 June 2024 - Be willing to be a beginner every single morning

06 June 2024 - The European Union (EU) has just passed the world’s first Artificial Intelligence law.

06 June 2024 - Narok County has defended the controversial decision to ban private cars from Maasai Mara.

06 June 2024 - As part of this initiative, Radisson Blu Hotel, Nairobi Upper Hill, will integrate 12 electric vehicles into its existing fleet.

06 June 2024 - KBA Acting CEO Raimond Molenje has spoken on the negative impacts of increasing tax rates on financial transactions as proposed in Finance Bill, 2024.

06 June 2024 - Kuza Asset Management, a Nairobi-based asset management firm, has Ksh1 billion in assets under management, primarily driven by the strong growth from their private wealth offering and unit trusts.