27 March 2024
- NAIROBI, Kenya, Mar 27 – The government has signed a memorandum of understanding (MoU) with the Netherlands to develop a cool-logistics corridor that is set to boost Kenya’s horticultural exports. The MoU was signed by Transport Cabinet Secretary…
27 March 2024
- Mombasa is a major economic and cultural city in Kenya, the second biggest after the capital Nairobi. With a population shy of 1.5 million people, Mombasa has endless opportunities for an entrepreneur willing to exploit them.
27 March 2024
- I have always been fond of children. Primarily because they are a clean slate for this thing called life. In them, I see a sea of possibilities and dreams that can be forged—a future! More often than not, whenever I come across a kid, one of the…
27 March 2024
- “Civil servants living in government houses pay an average of Ksh2,200. This includes those who pay lows of Ksh1,000 in areas such as Mbotela and those who pay as high as Ksh30,000 for 3-bedroom units in the upmarket areas. There is a need to increase…
27 March 2024
- It is that time of the year when Saccos are announcing their dividends and their members reaping from their savings. Here are some of the Saccos with the highest dividends in Kenya so far.
27 March 2024
- NAIROBI, Kenya, Mar 27 – Equity Group Holdings has reported a decline in net profit despite proposing a record dividend of Sh15.1 billion for the second consecutive year. The decline in profit after tax is attributed to various factors, primarily an…
27 March 2024
- State corporations have been banned from purchase of promotional items such as calendars, diaries, umbrellas, power banks and keyholders.
27 March 2024
- Achieving an ethical culture, increasing the ability to detect and respond to cases of economic crime and by strengthening internal controls are key in fighting economic crime.
27 March 2024
- NAIROBI, Kenya, Mar 27 – Casual dining restaurant, Java House, and the United Nations World Food Programme (WFP) have signed an agreement to raise funds to support vulnerable children with daily school meals. Every day, children in Kenya go to school…
27 March 2024
- Bridges are ubiquitous vital structures we see around in Africa. Whether in bustling urban centers or remote rural areas, they play an important role in promoting connections, trade, and interaction within and outside the continent.
27 March 2024
- NAIROBI, Kenya, Mar 27 – Tatu City unveiled Tatu Woodworks, a joinery company specializing in European-standard services, aiming to provide turnkey solutions for homeowners, developers, architects, and interior designers. With modern machinery and…
27 March 2024
- Up to 150 Ugandan children are set to receive free medical surgeries in India in 2024. This was made known by the Secretary of the Indian Association of Uganda, Mr. Sasi Kumar, who noted that these children would receive free heart surgeries during…
27 March 2024
- NAIROBI, Kenya, Mar 27 – Old Mutual Holdings Plc has jumped back to profitability after recording a gross profit of Sh1.4 billion in the full year ending last year. During a similar period in 2022, the group posted a loss of Sh491 million.…
27 March 2024
- Story curated by Chanel Retief and Nicole Pillay Art Direction: Lucy Nkosi Photography: Katlego Mokubyane ; Assistant: Sbusiso Sigidi Styling: Deneal Van Wyk; Outfits supplied by Fashimo Styles Studio, Ukara, Suited For Her and Preview Accessories…
27 March 2024
- HARARE, March 26 (Xinhua) — Zimbabwe plans to grow 120,000 hectares of wheat during the 2024 winter crop production season, up from 90,912 hectares in 2023, a cabinet minister said on Tuesday. The government has also approved an incentive planning…
27 March 2024
- NAIROBI, Kenya, July 27 – Family Bank Group profit after tax in the full year ending December last year grew by 13.3 percent to Sh2.5 billion on the back of increased interest and non-interest incomes. Net profit improved by Sh300 million from Sh2.2…
27 March 2024
- Many local retailers have adopted pricing tactics such as rebates and other modes of discounts to remain competitive amidst market transformations.
27 March 2024
- According to the Commercial Bank of Ethiopia, the largest bank in the country, 80% of the money it lost to a system glitch has been recovered. Much of the recovery is a result of people voluntarily returning the money they had taken on that day. Given…
27 March 2024
- Togo has ratified a new constitution, extending presidential terms by one year but capping the number of terms to one. This move is expected to grant President Faure Gnassingbe an additional year in his 19-year tenure, prolonging his rule beyond…
27 March 2024
- NAIROBI, Kenya, Mr 27 – German-based cleaning technology manufacturer Karcher has announced an investment of about Sh427.05 million (€3 million) into the Kenyan market. The fund will be used to set up a full subsidiary in the country, including the…
27 March 2024
- NAIROBI, Kenya, Mar 27 – American data storage hardware and software products company Pure Storage has joined hands with Tech Fist Gulf (TFG) to roll out its services in Kenya. The firm says that its entry into the country aligns with its ambition to…
27 March 2024
- BALTIMORE, the United States, March 26 (Xinhua) — Maryland officials said on Tuesday that two people have been rescued while six others are still unaccounted for following the collapse of Francis Scott Key Bridge in Baltimore. Maryland Transportation…
27 March 2024
- NAIROBI, Kenya, Mar 27 – NCBA Group has recommended a final dividend payout of Sh4.75 per share in the full year ending December 2023, as profit after tax grows by 56 percent to Sh21.5 billion. In its latest financial statement, the bank’s profit…
27 March 2024
- NAIROBI, Kenya, Mar 27 – As the world marks International Whiskey Day, whiskey enthusiasts around the globe raise their glasses in celebration of the global fete. This occasion pays homage to the rich heritage, craftsmanship, and cultural significance…
27 March 2024
- The Moscow Kremlin revealed that the newly re-elected president of Russia, Vladimir Putin, and the chairman of Niger’s National Council, Abdourahmane Tiani, recently had an important phone call. Over the line, both men discussed security concerns in…
27 March 2024
- Nairobi, the capital of Kenya, shares some of these characteristics, albeit on a smaller scale due to varying economic strength and the number and quality of investors in each city.
27 March 2024
- TOPLINE A Binance executive detained in Nigeria last month escaped from custody over the weekend, as the West African country filed charges of tax evasion against the cryptocurrency exchange and some of its executives in the latest public scandal for…
27 March 2024
- The firm's Deputy Chief Executive Officer Christian May, said their goal is to transform the cleaning landscape in Kenya by bringing advanced products and services to customers.
27 March 2024
- ABUJA, March 26 (Xinhua) — Nigeria’s central bank on Tuesday further raised the monetary policy rate by 200 basis points to 24.75 percent amid rising inflation in the most populous African country. The move, made barely one month after it raised the…
27 March 2024
- ROME, March 26 (Xinhua) — U.S. electric vehicle maker Tesla is in talks with the Italian government to open a production facility in the country, Italian media reported Tuesday. Tesla has been engaged in talks with the Ministry of Enterprises and Made…
27 March 2024
- NAIROBI, March 26 (Xinhua) — Climate change experts began a two-day meeting in Nairobi, the capital of Kenya, Tuesday to promote carbon markets in Africa. The Carbon Markets Conference 2024 brought together more than 200 participants, including…
