Business

04 June 2024 - Credit Bank's anchor shareholder, the Sansora Group of companies, has backed the lender's plan to list shares on the Nairobi Securities Exchange (NSE) by way of introduction in a move to grant it...

04 June 2024 - When Alice Migwi and her husband bought their one-acre land in Isinya, Kajiado County it was all dry and sulky. It was hard to imagine that 12 years later, it would be this tranquil, with lots of...

04 June 2024 - The energy regulator has slashed the maximum prices per unit of power at which new power plants can sell electricity to Kenya Power, in the latest push to lower the cost of...

04 June 2024 - The Treasury has opened a six-month window for the importation of 500,000 tonnes of milled rice to cover a shortage of the commodity. Traders will be allowed to import Grade 1 milled rice...

04 June 2024 - Foreign investors at the Nairobi Securities Exchange (NSE) remained net buyers for the second consecutive month in May, a first in nearly three years. NSE data shows that foreign net portfolio...

04 June 2024 - The successful roll-out of digital financial services has led to an unprecedented increase in the number of people enjoying access to formal financial services.

04 June 2024 - The increasing use of artificial intelligence (AI) is generating mixed reactions worldwide because of its transformative powers.

04 June 2024 - More than ever, Kenyans are paying keen attention to the country's fiscal structure and key processes, a testament to improved civic participation.

03 June 2024 - JUNE 3 – Meme stock favourite GameStop is rising again, after a social media post seemingly from the investor known as “Roaring Kitty” claimed a sizeable stake in the video game retailer. Shares in the firm opened for trade on Monday priced above $40…

03 June 2024 - In 1880, Queen Victoria gifted the desk to US President Rutherford Hayes who turned it into the official workstation of US presidents.

03 June 2024 - Lender has raided PwC and Central Bank for talent to lead the crime-busting unit that has 11 other managers among them top former police investigators and bank employees.

03 June 2024 - The country’s National and Provincial Elections marked a significant shift in the political landscape, this as the African National Congress (ANC) lost its parliamentary majority for the first time, along with the rapid rise of the uMkhonto weSizwe (MK…

03 June 2024 - The U.S. Embassy in Congo has that Congolese authorities have not disclosed details or granted access to the Americans arrested after last month's coup attempt, despite pleas from a family seeking to confirm if their son is alive.

03 June 2024 - Last year, an interesting report disclosed Nigeria's near impossible economic projection in the coming decades. The report by the world renowned investment banking firm company; Goldman Sachs, revealed that Nigeria would become one of the top 5…

03 June 2024 - Mwaura said the ruling not only affirms the rightful owner of the land on which KICC stands but also resolves a protracted legal dispute between the state and KANU.

03 June 2024 - East Africa is set to tap into South Korean funds, as the Asian country looks to expand its access to natural wealth. A recent report revealed that South Korea has set its sights on the East African region, particularly Ethiopia and Tanzania for…

03 June 2024 - The recent strike action in Nigeria, initiated by the Nigeria Labour Congress (NLC) and other members of organised labour has sent ripple effects across various sectors, impacting critical areas of the nation's infrastructure and services. Businesses…

03 June 2024 - The Environment and Land Court judge revoked the title deed issued to the Independence party on May 25, 1989.

03 June 2024 - How the forgotten Afghans of Albania have made their way to a new home. For a group of Afghan evacuees forced to flee their home country in the fall of 2021, a tourist village on the Albanian coast became more than just a temporary stopover on their…

03 June 2024 - NAIROBI, Kenya, June 3 – Mombasa will host the sixth round of the Kenya-United States Strategic Trade and Investment Partnership (STIP) negotiations. The discussion will be centered on workers’ rights, customs procedures, good regulatory practices, and…

03 June 2024 - ANKARA, June 3 (Xinhua) — Türkiye’s annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. Consumer prices rose by…

03 June 2024 - NAIROBI, Kenya, June 3 – The Energy, Petroleum, and Regulatory Authority (EPRA) is urging Kenyans to embrace electric vehicles (EVs) to cut the country’s toxic emissions from combustion vehicles. Through this, the regulator has lined up a nationwide…

03 June 2024 - Murang’a County Government Governor Irungu Kang’ata has reiterated the need to pursue a manufacturing and industrialisation economic agenda at the national and county levels to foster accelerated development.

03 June 2024 - ICPAK says some of the proposals in the Finance Bill have significant impact to public.

03 June 2024 - NAIROBI, Kenya, June 3 – Burn, which is a maker and distributor of clean cookstoves, has been named on TIME’s list of the world’s 100 most influential companies in 2024. The company’s contribution to clean cooking was the reason for selection. To date…

03 June 2024 - The story of African billionaires not only emphasizes their enormous wealth, but also reveals just how relevant they are to the growth of the African economy. Through shrewd investments, generous giving, and inventiveness, African billionaires…

03 June 2024 - JUNE 3 – Several districts in the southern Germany region of Bavaria have declared emergencies because of high water levels, after downpours led to the death of a volunteer firefighter. The national weather forecasting service warning of more heavy…

03 June 2024 - NAIROBI, Kenya, June 3 – NCBA Bank has kicked off a one-month banking market activation across multiple states in the United States. The initiative, which includes a range of tailored financial solutions, aims to engage with the diaspora community by…

03 June 2024 - More than just a badge of honor, the global recognition of African companies signifies a dramatic change in the perception innovation on the continent. It also conveys Africa's capacity for global competition and impact. In recent years African…

03 June 2024 - More than just a badge of honor, the global recognition of African companies signifies a dramatic change in the perception innovation on the continent. It also conveys Africa's capacity for global competition and impact. In recent years African…

03 June 2024 - Infrastructure improvements as well as a review of trade agreements required.

03 June 2024 - Schneider Electric has announced a collaboration with NVIDIA to optimize data centre infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. Schneider Electric says it will…

03 June 2024 - It’s not enough for Boeing to fix the 737 Max program. To remain competitive against Airbus, the planemaker needs to make a big bet on a new jet. To Boeing’sBoeing 0.0% long list of urgent near-term problems, add one more. It needs a new airplane. With…

03 June 2024 - The region will see the fastest growth in with real GDP growth  from an 1.5% in 2023 to 5.7% in 2025.

03 June 2024 - The initiative will allow customers to visit their local pharmacy branch for a teleconsultation with a doctor

03 June 2024 - Russia and Senegal, a West African country, have announced plans for more profound collaboration. In April, Russian Foreign Ministry spokesperson Maria Zakharova voiced trust in Sebegal's newly elected president, Bassirou Diomaye Faye. She stated that…

03 June 2024 - Toyota said it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha.

03 June 2024 - Russia is reportedly seeking to acquire uranium assets in Niger currently held by a state-controlled French company, according to sources familiar with the situation.

03 June 2024 - NAIROBI, Kenya, June 3 – The Institute of Certified Investment and Financial Analysts (ICIFA) and Safaricom have signed a Memorandum of Understanding (MoU) aimed at promoting accessibility and inclusivity in financial education. Under the terms of the…

03 June 2024 - JUNE 3 – Online fast fashion firm Shein is planning to file paperwork for a potential London share listing as soon as this week, according to reports. An initial public offering (IPO) could value the company at around $66bn (£51.7bn). The firm, which…

03 June 2024 - NAIROBI, Kenya, June 3 – A new passenger terminal will be put up at the Kisumu Port to accommodate cruise ships. KPA said that its engineers have already finalized the design of the modern terminal. The Kisumu Port Resilient Infrastructure Project, a…

03 June 2024 - The event brings together leading scientists, policymakers, industry experts, and advocates from around the world to address climate-related challenges facing the food systems.

03 June 2024 - The Transmission Company of Nigeria (TCN) announced that the "labour union has shut down" the national grid, leading to a blackout experienced in the early hours of Monday.

03 June 2024 - While many African nations have embraced English as an official language, the journey towards achieving proficiency is far from uniform.

03 June 2024 - First gaining prominence in 2015, skit-makers in Nigeria have continued to boom, with unprecedented collaborations between comedic content creators, both local and international. It’s a funny but lucrative business. Nigeria, Africa’s powerhouse in the…

03 June 2024 - VIENNA, June 2 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, decided to extend its current output cuts at least into the third quarter of this year to shore up oil prices. Following a…

03 June 2024 - NAIROBI, Kenya, June 3 – Metropolitan National Sacco Society Limited has sought help from Silverline Auctioneers to recover unpaid loans totaling Sh88,211.8. In letters seen by Capital Business, Silverline Auctioneers has ordered Margaret Wanjiru…

03 June 2024 - Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business.

03 June 2024 - Apex reopens four issues as eyes fixed on driving interest rate on securities.

03 June 2024 - Treasury projects to save more than Sh2.3 billion from mergers.