Business

31 May 2024 - We were there for their gourmet burgers. It’s the only thing we eat at Sierra because it works each time.

31 May 2024 - From the prices on her works, it would seem that Anne values the burlap more than canvas and watercolour paper.

31 May 2024 - The Business Daily sat down with David Cowan, senior economist for Africa at Citi Bank, on the backdrop of major macroeconomic developments.

31 May 2024 - Safaricom in partnership with M-Pesa Africa and Sumitomo Corporation has announced a cohort of nine start-ups to benefit from the capital injection.

31 May 2024 - The windfall has been driven largely by Kenya’s top nine listed banks, which raised returns on the short-term accounts in a competitive market.

31 May 2024 - The CMA has so far approved 36 collective investment schemes made up of 150 funds.

31 May 2024 - “I'm a very responsible citizen,” said the President. “There is no way I can spend Sh200 million. In fact, let me disclose here that it cost the Republic of Kenya less than Sh10 million.”

31 May 2024 - Disclosures in CIC's latest annual report shows that Mr Muriuki raised his holdings to 158 million shares in the review period from 137.8 million the year before.

31 May 2024 - The Kenya Power and Lighting Company (KPLC) has announced a plan to boost the number of electric vehicle charging points in the country in an effort to stoke the already growing consumer demand for electric vehicles (EVs). KPLC said Thursday that it is…

31 May 2024 - The NCBA Money Market Fund is among the investment solutions of NCBA Bank, one of the biggest commercial banks in Kenya. In summary, a money market fund is a low-risk investment option that invests in high-quality securities of short maturities, and the…

31 May 2024 - In April this year, the firm launched EV power stations at its offices at Stima Plaza and the training school at Ruaraka for Sh6.5 million.

31 May 2024 - New survey shows more Kenyans become aware of how the government collects and uses revenue. The country's legal framework for public participation also remains solid

31 May 2024 - The ball is now in the court of Everstrong Capital LLC which signed a deal with the government during President Ruto’s recent visit to the US.

31 May 2024 - Kenya stands as a beacon of innovation and digital advancement within the African landscape, characterised by a rapidly evolving, youthful, and digitally savvy population.

31 May 2024 - Management are the most critical first line of defense and just like in the military they act to protect the organisation against potential ‘enemies’ as the first layer.

31 May 2024 - Windfall tax concept should be entrenched as a practice in instances where excessive profits are made from regulatory or administrative actions in response to national distress.

30 May 2024 - By BI Africa Contributor: Chinecherem Nduka

30 May 2024 - The aggregated amounts in disputes of the over 1,800 cases currently pending before the ICC Court is over Sh33.6 trillion, more than double the country's GDP

30 May 2024 - The East African region will have a single regional currency by 2031, Bank of South Sudan governor, James Alic Garang has asserted.

30 May 2024 - The introduction of export and investment promotion levy led to reduced imports of iron and steel, which leaves Kenyans with the possibility of increased cost of houses.

30 May 2024 - Dr. Gilda Odera has been elected as the new national President of the Federation of Kenya Employers (FKE).

30 May 2024 - Top 10 destinations for Sub-Saharan African students: Where to study abroad

30 May 2024 - JERUSALEM, May 30 (Xinhua) — The Israeli Energy Ministry announced on Thursday a reduction in fuel prices, marking the country’s first such decrease since last March. Unleaded 95-octane gasoline will now cost 7.52 shekels (equivalent to 2.03 U.S.…

30 May 2024 - Multiple-launch rocket systems (MLRS) or rocket launchers are crucial artillery assets for any military, including in African countries. These advanced and powerful weapon systems offer significant operational and strategic benefits, from countering…

30 May 2024 - The three-month campaign is set begin on May 30

30 May 2024 - The world's largest technology fair, GITEX, has announced the launch of GITEX Nigeria for the first time in 2025, following the signing of the Memorandum of Understanding (MOU) by Kashifu Inuwa Abdullahi, Director General and CEO of Nigeria's National…

30 May 2024 - The world's largest technology fair, GITEX, will be held in Nigeria for the first time in 2025, following the signing of the Memorandum of Understanding (MOU) by Kashifu Inuwa Abdullahi, Director General and CEO of Nigeria's National Information…

30 May 2024 - Top 10 African countries for future investment in sub-Saharan Africa

30 May 2024 - Nizar Juma has for the past 20 years not drawn any salary for his service at Jubilee, a stand he has held since 1992.

30 May 2024 - The government is developing a post-harvest management strategy targeting to reduce post-harvest losses by 50% by 2025

30 May 2024 - Africa's smartest cities: Top countries embracing urbanisation and technology

30 May 2024 - Following criticism that he was being extravagant, Kenya's President William Ruto stated that the private jet for his recent trip to the United States cost taxpayers less than Ksh10 million ($77,000).

30 May 2024 - The stockmarket has not been able to recover, resulting in low trading volumes while pushing stockbrokers and investment banks into losses.

30 May 2024 - Targeted markets for coffee exports include the USA, Germany, Belgium, the UK and Asian countries

30 May 2024 - French Minister said that innovative solutions from Africa are rapidly expanding to address widespread issues like mental health.

30 May 2024 - They have accused S&P, Moody’s and Fitch of being biased against Africa.

30 May 2024 - NAIROBI, Kenya, May 30 – The Council of the European Union has adopted a decision on the conclusion of the EU-Kenya Economic Partnership Agreement (EPA).  The EU Council said Thursday that the agreement will boost trade in goods and create new economic…

30 May 2024 - Niger has extended an olive branch to the Economic Community of West African States (ECOWAS). The Nigerien Prime Minister, Ali Mahaman Lamine Zeine, has invited all ECOWAS countries to join the seemingly budding Alliance of Sahel States (AES). This…

30 May 2024 - Africa is a continent of remarkable diversity, and its cities are a testament to it. Each city has its unique mix of culture, history, and opportunities. However, in certain pockets of this varied landscape, daily life is marred by challenges arising…

30 May 2024 - NAIROBI, Kenya, May 30 – Over a decade ago, a group of visionary farmers in Kenya found themselves confronted with a common set of challenges: depleted soil nutrients, water scarcity, and declining crop yields. Determined to overcome these obstacles and…

30 May 2024 - ANKARA, May 30 (Xinhua) — Türkiye’s trade deficit widened by 12.9 percent year-on-year in April to 9.9 billion U.S. dollars, the Turkish Statistical Institute (TUIK) said on Thursday. Exports edged up 0.1 percent to 19.25 billion dollars, while imports…

30 May 2024 - NAIROBI, Kenya, May 30 – The Institute of Certified Public Accountants of Kenya (ICPAK) has demanded a review of a few of the Finance Bill 2024’s proposals because, if approved, they will negatively impact Kenyans. In a statement presented before the…

30 May 2024 - Nairobi, Kenya, May 30 – Investment service provider Xeno today unveiled its investment platform in Kenya as it seeks to formally enter the Kenyan market. The Ugandan-founded trust scheme says that it will provide Kenyans with the necessary tools for…

30 May 2024 - May 29 was anything but smooth sailing for the southern African nation as citizens exercised their right to vote, late into the night. The ruling African National Congress (ANC) is expected to attain below 50% for the first time since coming to power 30…

30 May 2024 - May 30 – Kashmir has witnessed over a million tourist arrivals till mid-May, with the J&K administration gearing up for record-breaking tourist numbers this year. This year, Kashmir is experiencing a significant tourism boom, including a promising…

30 May 2024 - In February, the Central Bank of Kenya  raised borrowing costs to 13 percent

30 May 2024 - After investing $100 million in Nigeria over three years, Kimberly-Clark, the manufacturer of the popular diaper brand ‘Huggies’ and various sanitary pads, is planning to announce the closure of its production facility in Ikorodu.

30 May 2024 - Shipments from the UAE have fallen by double-digits on relatively stabilising prices of petroleum products.

30 May 2024 - The bank’s balance sheet size grew by 10 per cent to Sh42.1 billion.

30 May 2024 - Africa is standing on the cusp of a digital revolution with the adoption of 5G technology. In recent years, the continent has made remarkable progress in technology and connectivity, but the advent of 5G promises to propel the continent into a new era…