Business

30 May 2024 - Currently, Kenya Power offers compensation for injuries or damaged assets but does not compensate for financial losses resulting from hiccups such as blackouts.

30 May 2024 - The completion of the project comes after a delay of nine years.

30 May 2024 - Riding motorbikes being his life-long passion, Mr Boru says he had little choice in the matter other than to get back on the saddle and continue with the ride of his life.

30 May 2024 - The taxman had demanded more than Sh40 million from the clubs for 2015 and 2016.

30 May 2024 - Absa Bank Kenya has joined the rest of the country’s biggest banks in reporting bumper first-quarter profits on the back of a rise in CBK lending rates that allowed them to charge more for loans and mortgages. For the three months to this March, Absa…

30 May 2024 - President William Ruto has committed Kenya to a USD 100 million investment over the next three years in the continent's multilateral financial institutions.

30 May 2024 - South Sudan boasts a wealth of natural resources beyond oil. With fertile plains and a long growing season, it has the potential to still become a breadbasket for the region and beyond.

30 May 2024 - The Finance Bill, 2024 appears to have placed a key focus on the automotive industry and, indirectly, the cost of owning a motor vehicle in the country.

30 May 2024 - In the current era of globalisation, there has been increased production of plastic-based commodities.

30 May 2024 - Let us not forget that the Film and Stage Plays Act, which is the topic of this entire discussion, was passed in 1988 and underwent its most recent amendment in 2012.

29 May 2024 - Top 10 most popular remote working destinations in Africa

29 May 2024 - The government faces an uphill task in convincing small businesses to invest in sectors critical to its economic recovery plan.

29 May 2024 - CAIRO, May 29 (Xinhua) — Egyptian Prime Minister Mostafa Madbouly announced Wednesday that the price of subsidized bread will increase up to 20 piasters. The new decision will be enforced as of June 1, the prime minister told a televised press…

29 May 2024 - NAIROBI, May 29 (Xinhua) — Some 74.9 million people in the Greater Horn of Africa region are highly food insecure and in urgent need of humanitarian assistance, according to a report released on Wednesday by the Food and Agriculture Organization of the…

29 May 2024 - NAIROBI, Kenya, May 29 – The Kenya Association of Manufacturers (KAM) has voiced concerns about the proposed Finance Bill 2024, warning that it may be detrimental to the country’s manufacturing sector.  The Chief Executive Officer (CEO) of KAM told…

29 May 2024 - Top 5 highest-rated books by African authors

29 May 2024 - The president of Kenya, William Ruto who is known for his bold reforms, fiery takes on the African economy, and chic Kaunda Suits was recently caught on camera having some harmless fun. The clip was captured during the 59th Annual Meeting of the African…

29 May 2024 - Officials from both Kenya and Saudi Arabia are currently negotiating the details of the deal with the project expected to be rolled out in July this year.

29 May 2024 - NAIROBI, Kenya, May 28 – Sidian Bank announced its recent accolades at the prestigious Think Business Bank Awards 2024, where it was recognized for its Best Bank in Trade Finance – 1st Runner Up and The Bank with Lowest Tariff – 1st Runner Up. The…

29 May 2024 - Top ten highest-ranking ports in Africa

29 May 2024 - Top 10 richest mineral-producing countries in Africa

29 May 2024 - Artificial intelligence (AI) has made significant strides in all areas of our lives. AI can now monitor patients, safeguard buildings, improve manufacturing processes and write poetry. These are good uses of AI. There are, however, bad uses and…

29 May 2024 - Now in its 18th year, the African Banker Awards celebrate institutions and individuals who do well in banking and financial sector.

29 May 2024 - March 10th (Sunday) recorded the highest burger consumption in Kenya

29 May 2024 - The bank recorded 33.5 percent profit growth largely on account of higher lending income in the first three months of the year.

29 May 2024 - Nyaribari Masaba MP Dr Daniel Manduku has launched a three-year programme to eradicate poverty and replace grass-thatched houses in the constituency.

29 May 2024 - NAIROBI, Kenya, May 29 – Fresh fruits and vegetables exporter AvoVeg plans to invest Sh2.63 billion ($20 million) in Kenya’s avocado industry through value addition. The fund, which will be invested in the in the 3rd quarter of 2024, will go into the…

29 May 2024 - NAIROBI, Kenya, May 29 – Kenya is losing annually between Sh100 billion and Sh1 trillion to illicit trade, according to intellectual property rights (IPR) stakeholders at the Enforcement for the African Regional Intellectual Property Organization (ARIPO…

29 May 2024 - Kenya will increase its shareholding in three key African financial institutions as a show of confidence in efforts to solve the continent’s problems, President Ruto says.

29 May 2024 - MAY 29 – Billionaire philanthropist Melinda French Gates announced Tuesday that she is committing $1 billion (£782.4m) over the next two years to women’s causes and gender equity around the world. About $200 million (£157m) will go to organisations…

29 May 2024 - Apex bank governors at the ongoing AfDB annual general meeting said the high cost of credit is taking a toll on the private sector

29 May 2024 - Customer deposits rose by 14 per cent to Sh355 billion

29 May 2024 - Tanzania's trade with India has grown at a very impressive pace, growing over 20% during the fiscal year. The East African country is inching closer to becoming India’s largest trading partner in Africa. Tanzania ousted the West African economic giant,…

29 May 2024 - One of the primary driving forces behind Nigeria's economic growth is its youthful population. With a median age of around 18 years, the country has a pool of talent and energy waiting to be tapped into.

29 May 2024 - Human life expectancy has doubled in the past century, but huge disparities exist. Unfortunately, some African countries find themselves on the lower end of the spectrum.

29 May 2024 - Nigeria has discovered an alarming amount of illegal oil refineries in the past week. These refineries were uncovered in the country's southern region where its oil reserves are concentrated. The issues surrounding the country’s oil sector, including…

29 May 2024 - BEIJING, May 29 (Xinhua) — The number of homeless people in the United States hit a 16-year high, according to the Report on Human Rights Violations in the United States in 2023, which was released on Wednesday. According to data published by the U.S.…

29 May 2024 - Greening Financial Systems provides technical assistance to financial institutions

29 May 2024 - NAIROBI, Kenya, May 29 -In a move signifying its commitment to environmental sustainability, ABC Bank has joined the Greening Financial Systems Technical Assistance Programme (GFS TAP) of the European Investment Bank (EIB). The partnership aims to help…

29 May 2024 - The recognition follows interventions overseen by the CBK Governor to end the sharp depreciation in the exchange rate.

29 May 2024 - Dr Kamau Thugge, the Governor of the Central Bank of Kenya, has been named the African Central Bank Governor of the Year by the African Banker Magazine.

29 May 2024 - MAY 29 – A union representing thousands of workers at Samsung Electronics has called the first strike at the South Korean technology giant since it was founded five and a half decades ago. The National Samsung Electronics Union says it will hold a one-…

29 May 2024 - NAIROBI, Kenya, May 29 – Absa Bank Kenya profit after tax grew 34 percent in the first quarter of this year to Sh5.9 billion compared to a similar period last year. The bank’s diversification strategy seems to be paying off after total revenue rose 19…

29 May 2024 - While Africa boasts a wealth of resources and potential, the persistent challenges it faces have led to a worsening hunger crisis.

29 May 2024 - MAU 29 – The globe is at risk of losing $110 trillion between this year and 2050 if no investments are allocated to the adolescent age group. According to the Adolescents in a changing world–The case for urgent investment report, individuals in the age…

29 May 2024 - MAY 29 – The Kenyan team participating in Huawei’s ICT Competition in Shenzhen, China, emerged at the top after scooping four of the award categories. The event, which took place from May 23–26, had the most Kenyan participants out of 16 teams from the…

29 May 2024 - Kenya Airways Group Managing Director & CEO, Mr Allan Kilavuka, has been honoured with the 2024 African Aviation Leadership Award.

29 May 2024 - Stakeholders, experts, development actors, and research institutes gathered in Nairobi on the margins of the 2024 African Development Bank Annual Meetings to discuss innovative credit rating solutions aimed at empowering governments to access critical…

29 May 2024 - Nigeria's Dangote refinery plans to pursue a dual listing on both the London and Lagos stock exchanges.

29 May 2024 - Dubbed 'Flash-to-flash-to-anything', the application seeks to revolutionise data protection by creating an end-to-end flash storage infrastructure.