Business

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.

29 May 2024 - World Bank statistics say youth in Kenya account for 35.4 per cent of the population. Of these, a million enter the labour market every year.

29 May 2024 - Icpak says only 6.3 million taxpayers filed their 2022 tax returns by June 30 last year. The accountants also say that the government needs to seal revenue leakages.

29 May 2024 - Kenya was represented by 16 teams which scooped the first prize, second, third and the women in Tech Awards at the global competition.

29 May 2024 - For centuries, innovation has been the driving force behind societal evolution in Africa and globally. We have seen it propel nations forward, providing solutions to problems, creating economic prosperity, and enhancing their people’s quality of life.

29 May 2024 - Family Bank Group has posted a Ksh1.3 billion profit before tax for the period ended 31st March 2024, representing a 24.3% growth from a similar period last year.

29 May 2024 - Botswana has granted a license to SpaceX's Starlink unit, becoming the latest African country to permit the internet services company to operate in it.

29 May 2024 - NAIROBI, Kenya, May 29 – African Banker Magazine has named Kamau Thugge the Central Bank Governor of the Year for spearheading reforms in the economy. The awards committee cited the role played by the CBK boss in addressing market failures as well as…

29 May 2024 - Parliament begins public hearings on Finance Bill proposals

29 May 2024 - MAY 29 – Nine startups are set to benefit from the Spark Accelerator Program, an initiative by Safaricom in partnership with M-PESA Africa and Sumitomo Corporation. The program, which was launched last year and is being implemented by the iHub, seeks to…

29 May 2024 - ROME, May 28 (Xinhua) — About 600 looted artefacts and antiquities worth an estimated 60 million euros (65 million U.S. dollars) were returned to Italy from the United States, Italian police said on Tuesday. All the artefacts had been stolen and brought…

29 May 2024 - The Council of Governors (CoG) has lauded the decision by the Parliamentary Mediation Committee to allocate counties Sh400.1 billion for the financial year 2024/2025.

29 May 2024 - TOPLINE Melinda French Gates will donate $1 billion to tackle women’s issues across the globe, including abortion rights in the U.S., the billionaire philanthropist announced in a New York Times op-ed on Tuesday, outlining her first undertaking once she…

29 May 2024 - Jubilee Health Insurance has launched “Always With You” program, a new value proposition that aims to make healthcare more accessible and convenient for its customers. The “Always With You” program, available to all Jubilee Health customers, will cover…

29 May 2024 - CANBERRA, May 29 (Xinhua) — Australia’s annual inflation rate rose to 3.6 percent in April. According to official figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) – the headline measure of…

29 May 2024 - NAIROBI, May 28 (Xinhua) — Kenya hosted an economic and trade conference on Monday in the capital of Nairobi with the participation of a high-level delegation from the Chinese coastal city of Shenzhen, as commercial ties between the two sides continue…

29 May 2024 - In several African countries, the cost of fuel has gone up in recent months. Fuel prices in Africa must be regulated since they have a significant economic impact on many African countries. Energy costs directly empower businesses and their customers,…

29 May 2024 - Ruto directed Linturi to form a team to address the raging debate on miraa and muguka. Some leaders accuse Deputy Senate Speaker of fueling the ban on muguka.

29 May 2024 - Funds to be re-allocated to coffee reforms, tree planting and state visits

29 May 2024 - EIU says the US dollar will remain bullish against the local currencies for much longer

29 May 2024 - Warn that they will hit the poor hard and potentially slide the country into even more difficult economic times.

29 May 2024 - KDC director-general Norah Ratemo said the company will receive the grant by the close of this financial year.

29 May 2024 - Over the years, men in a woman’s world have gradually become the norm, especially in midwifery.

29 May 2024 - Medical insurers said some doctors are asking patients to pay in cash and then seek reimbursements from their insurers.

29 May 2024 - The initiative includes virtual doctor consultations, pharmacy-based doctor consultations, teleconsultations, medicine delivery, ambulance services and customer evacuation services.

29 May 2024 - IFC’s certification has also been extended to the Sh6.7 billion financing deal for students’ affordable housing, one of the largest green projects financed by Absa. The

29 May 2024 - The Nairobi Securities Exchange-listed firm plans to construct the mall on four acres, with the construction slated to begin next year and be completed by 2026.

29 May 2024 - What sets us apart is our proprietary algorithm that intelligently switches between these sources based on real-time weather data, maximising efficiency and reducing waste.

29 May 2024 - Puppy leave, menstrual leave, mental health leave, and drink-all-you-can retreats are some of the perks that younger employees desire to stay with an employer.

29 May 2024 - A Kenyan woman is being locked up in a prison in Egypt and has spent close to three weeks now awaiting deportation proceedings. The woman, identified as Linet Makena, was arrested and detained by immigration officials in the northeast African country on…

29 May 2024 - •The conscious mind is the smallest part of your mind and it has a few special abilities •Your unconscious mind cannot distinguish between what is real and what is imagined but it makes associations and learns quickly

29 May 2024 - The tax exemption granted by law in 2019 on musical instruments imported or purchased locally for use by educational institutions, ensures the instruments are more accessible for learners to...

29 May 2024 - The 2024 UNIDO Industrial Development Report underscores the transformative power of the energy transition, the Fourth Industrial Revolution (4IR), global rebalancing, and demographic shifts.

29 May 2024 - The award was entered against Mr Mutinda and Syinix Electronics Ltd for copyright infringement on March 23 after they failed to appear in court to defend themselves.

29 May 2024 - Unaudited results released Tuesday showed net earnings for the group grew from Sh2.42 billion that had been posted in the same quarter a year earlier.

29 May 2024 - The KNBS data shows increased expenditure on imports was largely driven by orders of machinery, transport equipment, fuel and non-food industrial supplies.

29 May 2024 - The proposed amendments will be a departure from the current model where CAK only takes actions of traders upon receiving consumer complaints.