Business

05 June 2024 - SEOUL, June 5 (Xinhua) — South Korea’s imported car sale rose for the third successive month due to solid demand for foreign luxury vehicles, industry data showed Wednesday. The number of imported vehicles sold here came in at 24,209 in May, up 13.4…

05 June 2024 - ADDIS ABABA, June 5 (Xinhua) — UN officials have called for breaking the excessive dependence of African countries on the export of their raw mineral resources. The call was made Tuesday in Addis Ababa, the capital of Ethiopia, at the United Nations…

05 June 2024 - NAIROBI, June 5 (Xinhua) — Kenya’s economic growth is projected to slow to 5 percent in 2024 from 5.6 percent in 2023, the World Bank said in a new report released Wednesday. According to the 29th edition of the Kenya Economic Update, ongoing fiscal…

05 June 2024 - By Elisha Kamau JUNE 5 – As the world marks the Word Environment Day today, it is important to note that in recent months, Kenya has faced two extreme climate events – devastating droughts and deadly floods – severely impacting its citizens. At the…

05 June 2024 - The bed of roses for Buy Now Pay Later products and the mildy boda boda sector has become too thorny to bear.

05 June 2024 - The Public Service Commission (PSC) has picked Paul Famba as its new chief executive, doubling up as the commission secretary.

05 June 2024 - President William Ruto has reaffirmed Kenya's commitment to a balanced foreign policy amid escalating geopolitical tensions between the United States and China. During an interview with Al Jazeera, Ruto emphasised Kenya's strategic approach, stating, "…

05 June 2024 - Fuel inflation declined to 7.8 percent in May from 8.3 percent in April

05 June 2024 - The program aims to upskill graduates in various retail business functions.

05 June 2024 - Bolt and Uber have warned they would be forced to close their operations in Kenya due to unsustainable operational costs.

05 June 2024 - In less than a month, another African has been acknowledged by Guinness World Records for yet another extraordinary achievement. Last month 31-year-old Helen Williams was listed as a Guinness World Record holder for crafting the world's widest wig.…

05 June 2024 - Event will showcase their expanded portfolio, including water and material handling solutions

05 June 2024 - CANBERRA, June 5 (Xinhua) — Australia’s economy grew by 0.1 percent in the first three months of 2024, official figures have revealed. According to national accounts data published by the Australian Bureau of Statistics (ABS) on Wednesday, Australia’s…

05 June 2024 - A circle of Christian evangelical pastors is the latest group President William Ruto has consulted regarding Kenya's deployment of police officers to Haiti.

05 June 2024 - NAIROBI, Kenya Jun 5 – Stakeholders in the energy sector have been urged to embrace research and innovation to develop energy solutions that are affordable, accessible and reliable for consumers. Speaking during the 2024 Research and Innovation…

05 June 2024 - NAIROBI, Kenya, June 5  –  In response to the recent floods in parts of the country, local and international organisations have launched a food bank initiative to provide relief to families affected by the disaster. The initiative by BrandActiv Kenya,…

05 June 2024 - The Abu Dhabi-based carrier told the Business Daily that the flights would resume at an unknown later date.

05 June 2024 - Don't miss out on exclusive deals at Xiaomi's Deals Carnival.

05 June 2024 - Displacement numbers are rising, and needs are spiralling out of control. Yet, funding, media attention, and political engagement remain inadequate, particularly in Africa.

05 June 2024 - JUNE 5 – The government has begun a rigorous process of seeking proposals from concerned parties to manage and run the ambitious county aggregation industrial parks (CAIPS). Speaking during a consultative forum that brought together top government…

05 June 2024 - NAIROBI, Kenya, June 5 – Outsourcing and technology services specialist VFS Global has bolstered its sustainability agenda to achieve its 35 percent increase in the number of visa applications processed globally. This is according to its Integrated…

05 June 2024 - NAIROBI, Kenya, June 5 – Outsourcing and technology services specialist VFS Global has bolstered its sustainability agenda to achieve its 35 percent increase in the number of visa applications processed globally. This is according to its Integrated…

05 June 2024 - Life insurance secures the financial security of your children in the event that you are not available to cater for the needs of your children.

05 June 2024 - NAIROBI, Kenya, Jun 5 – Maasai Mara National Reserve has banned the use of private vehicles for games drives inside the park. This follows a directive by the Narok county government in efforts to control the flow of tourists into the world-famous park…

05 June 2024 - How do I pick an MMF to invest in? The choice can be overwhelming, with many MMFs available from commercial banks, investment banks, investment management firms, and insurance companies. Like any financial product, selecting the right MMF requires…

05 June 2024 - Despite my reckless lifestyle, my mum who worked for a big bank, got me a job at one of their branches. But I couldn't keep it. Heavy drinking had become my routine. Most mornings, I showed up late, if at all. My mum's reputation was on the line and…

05 June 2024 - Joining the Vuka Investment Club has been a game-changer. They’ve helped me understand the importance of balancing physical and financial assets and guided me toward making better investment choices, something my father didn't have.While dad's "maguta…

05 June 2024 - In 2023, the economy saw significant job creation across various sectors, both modern and informal, according to the Economic Survey 2024 report published by The Kenya National Bureau of Statistics (KNBS). Wage employment experienced a robust growth of…

05 June 2024 - The Vuka Investment Club offers investors an opportunity to invest in real estate market with as little as Ksh5,000 per month. By buying units or shares in an I-REIT, ordinary investors can own real estate assets without the need to build, buy, manage…

05 June 2024 - Kenya Film Classification Board (KFCB) demands that YouTube content creators in Kenya obtain licenses and submit their content for review before broadcasting is causing uproar among creators who fear the move will stifle their creativity and growth.

05 June 2024 - Our plan is to continue saving and contributing to fasten the process of raising the Ksh1.5 million. Our math shows that after 2 years, we will have earned close to Ksh100,000 in interest - money that we would otherwise have lost if we were using the…

05 June 2024 - Diversification is a risk management strategy that helps prevent "putting all your eggs in one basket," which can cause significant losses when things go south. In real estate, diversification can be done in terms of asset type, location, or strategy.…

05 June 2024 - People always ask the question, should I go into business with my friend? While every situation is different, going into business with a friend can be a risk. You may overlook so many things for the sake of friendship. However, if you are able to…

05 June 2024 - For instance, if your car is valued at Ksh1 million, you will have to pay Ksh25,000 a year. These contributions are capped at Ksh5,000 on the minimum and Ksh100,000 on the maximum. This is to say, if your car is valued at Ksh100,000, you will still pay…

05 June 2024 - NAIROBI, Kenya, Jun 5 – Kuza Asset Management, an asset management firm based in Nairobi- has now hit Sh. 1 Billion in assets under management threshold. The firm’s assets under management grew by 70 percent hitting one Billion from Sh600 Million since…

05 June 2024 - NAIROBI, Kenya, Jun 5 – The milling industry in the county has unveiled its umbrella industry led coalition dubbed Millers for Nutrition. The body that brings on board an array of milling companies aims to enhance food safety of products rolled out…

05 June 2024 - The practice of inviting African leaders to summits outside of the continent has proven to be a double-edged sword. While it promotes cooperation with foreign investors, a recent episode on social media has exposed the potential harm it may be doing.…

05 June 2024 - Bravura Holdings Ltd., owned by Nigerian tycoon Benedict Peters, is set to begin production at a Zimbabwean lithium project next year, according to a company official.

05 June 2024 - Joseph Choge exits barely two and half years after joining Unga Group.

05 June 2024 - The South African rand fell on Tuesday as uncertainty around possible coalition partners persisted, a week after an election which saw the African National Congress lose its parliamentary majority for the first time in 30 years.

05 June 2024 - In an exclusive interview with Business Insider Africa, Kaushik Burman, CEO of SPIRO, shed light on the economic implication of electric bikes in Africa. SPIRO, Africa's largest electric vehicle (EV) player, is at the forefront of this revolution,…

05 June 2024 - Exness stands out as a trusted market leader in Kenya.

05 June 2024 - Africa, a continent boasting 54 countries, each with its distinctive allure and influence, encapsulates an array of realities. In an earlier article, we reported the 10 most stable African countries in 2023, representing countries that have excelled in…

05 June 2024 - Fortification has been identified as a silver bullet to address low micronutrient levels.

05 June 2024 - Raila, Mudavadi presser on status of Kenya's candidacy for AU Chairmanship

05 June 2024 - The Unity Homes phase one development is a Sh3.5 billion project in Tatu City.

05 June 2024 - Despite government support at that level, parents still must dig deep into their pockets.

05 June 2024 - Uganda National Oil Company (UNOC) has inked agreements with major oil marketers in response to an apparent threat to its fuel supply monopoly. The sales and purchase agreements (SPAs) between the parties involved were signed on Tuesday. These…

05 June 2024 - Jerry Jones paid $150 million for the Dallas Cowboys in 1989. Just the team’s brand is now worth $1.73 billion, the most in sports. The Dallas Cowboys were a dying brand when Jerry Jones paid $150 million for the NFL team and the operating rights to…

05 June 2024 - Our emphasis on Technical Vocational Education and Training is a step in the right direction. We need more makers. Shall we buy what they make?