Business

27 February 2024 - NAIROBI, Kenya, Feb 27 – Kenyans will start contributing 2.75 percent of their gross salary to the new Social Health Insurance Fund (SHIF) set to replace the National Health Insurance Fund (NHIF) in July. Health Cabinet Secretary (CS) Susan…

27 February 2024 - TOKYO, Feb. 27 (Xinhua) — Japan’s population shrank with a record loss of 831,872 in 2023, preliminary data released by the health ministry showed Tuesday. The number of newborns in Japan fell to a record low, down by 5.1 percent to 758,631 in the…

27 February 2024 - NAIROBI, Kenya, Feb 27 – M-Pesa overdraft facilities such as Fuliza, M-Shwari, and KCB M-Pesa remain the most popular digital lending platforms, a new survey has shown. Out of 54 percent of Kenyans who are using digital lending platforms, 91…

27 February 2024 - Kenya faces fresh round of global shocks that is risking more than $1.2 billion worth of exports.

27 February 2024 - The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Benedict Oramah says exchange rates don't hold much significance; what truly matters to the markets is stability.

27 February 2024 - The United States has kick-started the largest military exercise in East Africa. Dubbed "Justified Accord” as its exercise code-name, the operation began within the borders of the East African giant: Kenya. It is said to have participants from…

27 February 2024 - CAIRO, Feb. 26 (Xinhua) — Egypt and South Sudan signed a deal on Monday to build branches of Egypt’s Alexandria University in the South Sudanese capital Juba and the town of Tonj. The MoU was signed by Alexandria University President Abdelaziz…

27 February 2024 - ISLAMABAD, Feb. 27 (Xinhua) — A new study has shown that 51 percent of Pakistanis identified themselves as “food lovers” and 45 percent of Pakistanis shared that they “only eat to stay alive”. A Gallup and Gilani Pakistan’s report based on a…

27 February 2024 - NAIROBI, Feb. 26 (Xinhua) — Kenya’s exports to other African countries rose by 21.4 percent in 2023, reaching a new high amid sustained efforts to build ties with nations on the continent to benefit from the Continental Free Trade Area, the Central…

27 February 2024 - In December, over 1,500 trucks were stuck as drivers awaited roads to dry up.

27 February 2024 - It now costs an average of Sh1300 and Sh2700  to fill 6kg and 13kg cylinders respectively

27 February 2024 - Court of Appeal judges found that the High Court erred in stopping Kenya Ports Authority from awarding Portside Freight Terminals the deal for building a second facility at the port.

27 February 2024 - Media company, ABN Publishing announced that their co-founder and chairman of CNBC Africa, Zafar Siddiqi, passed away on Friday, February, 23. In a statement released on Saturday, founder and publisher at FORBES AFRICA, Dr Rakesh Wahi, said that…

27 February 2024 - Court of Appeal judges found that the High Court erred in stopping Kenya Ports Authority from awarding Portside Freight Terminals the deal for building a second facility at the port.

27 February 2024 - M-Pesa’s leading market share promises to make it the outright beneficiary of the government’s push for more services to be paid through paybill.

27 February 2024 - When you build a formidable startup and first clients demand portfolios of previous work.

27 February 2024 - Unexplained premium increase has saddled consumers with additional costs, a move that has seen Uganda protest the mark-up and take measures to purchase petroleum products through Tanzania.

27 February 2024 - Other lenders have been gradually exiting the microloan segment after Fuliza’s entry.

27 February 2024 - Unexplained premium increase has saddled consumers with additional costs, a move that has seen Uganda protest the mark-up and take measures to purchase petroleum products through Tanzania.

27 February 2024 - Don’t wait for crisis before you start watching your business expenses

27 February 2024 - As power availability is increased and technology evolves, only then will the region also be able to phase out fossil fuels completely.

27 February 2024 - African governments must do everything in their power to champion a treaty that prioritises cuts in plastic production for our health, the climate and the planet!

27 February 2024 - A notable shift seems to be taking place in Egypt’s economic strategy in a new era of collaboration with several regions in sub-Saharan Africa (SSA). And the country’s banks such as CIB (Commercial International Bank) are playing a part in this…

27 February 2024 - Kiraitu Murungi ignited the debate when he addressed participants at the Geo-East African Conference and Expo (GEOEACE 2024) that ended on Friday.

27 February 2024 - As the economic climate evolves, investors need to stay informed and work closely with their wealth advisor to tailor their bond and money market fund strategies to align with their financial...

27 February 2024 - The Court of Appeal directed Krystalline Salt Limited to pay the Water Resource Management Authority for pumping seawater from the creek in the Malindi area to dams and then to its private...

27 February 2024 - Power purchase deals between Kenya Power and private electricity producers have come under scrutiny in recent years given the high prices offered compared to those of KenGen.

27 February 2024 - During a recent forum in Nairobi, many small-scale farmers shared experiences on how the avocado industry is opening many doors for them and exposing them to new markets.

27 February 2024 - The two firms said the new payment solutions, which will also include e-commerce payment capabilities, cross-border remittances, QR and tap-on-phone proficiencies.

27 February 2024 - Dwek admitted he is neither an architect nor a contractor, but he was not going to let the lack the professional credentials impede his plan.

27 February 2024 - The airline remains in huge debt, with its total outstanding liabilities hitting Sh302 billion by June 2023, according to the International Monetary Fund.

27 February 2024 - The appellate court rejected the application by Vruti Shantilal Shah to continue managing the property, stating that it did not have jurisdiction to extend or re-appoint an administrator whose...

27 February 2024 - The Treasury admitted that the ‘Buy Kenya, Build Kenya’ initiative has failed to hit the targeted levels in public procurement.

27 February 2024 - Today's landscape of rising costs and economic strain demands urgent solutions to workplace productivity that bridge the gap between employee well-being and the bottom line.

27 February 2024 - Agriculture employs more than 60 percent of Africa’s population and about 70 percent of Kenya’s rural population.

27 February 2024 - The garden has expanded significantly, hosting varieties of crops and flowers including snake plants, lemon cyprus, oranges, bananas, and lemon.

27 February 2024 - Between January 2019 and March 2020, the entry of Fuliza shook up the digital credit market as the platform’s disbursements grew by 232 percent in the period while the value of total...

27 February 2024 - Featuring on the FATF grey list has several consequences, including the country’s reputation being tainted.

27 February 2024 - KMRC CEO said the scheme would provide a partial guarantee for any mortgage extended to persons deemed to be high-risk.

27 February 2024 - The deductions were initially scheduled to begin in the first week of March.

27 February 2024 - The revelation by Auditor-General Nancy Gathungu comes a year after her office revealed that cement firms had failed to remit more than Sh2 billion in levies by June 2021.

27 February 2024 - Netflix's live-action adaptation of Avatar: The Last Airbender succeeds in capturing the essence of the beloved animated series while carving out its own distinct identity.

26 February 2024 - KCB, MasterCard have signed a five-year strategic collaboration framework that will see cardholders across East Africa benefit from enhanced value propositions.

26 February 2024 - A British trader who was defrauded of Sh100 million in a gold scam has failed to convince the Court of Appeal to freeze the personal bank accounts of former Chief Registrar of the Judiciary.

26 February 2024 - Prof Ndung’u told MPs that the placement would not impact Kenya's credit ratings.

26 February 2024 - STOCKHOLM, Feb. 26 (Xinhua) — Denmark has closed its investigation into the 2022 explosions on the Nord Stream pipelines, police said on Monday. Although the investigation had found that the blasts were the result of sabotage, there were…

26 February 2024 - Schneider Electric™ Kenya has appointed Ifeanyi Odoh as its new Country President effective February 2024. Ifeanyi joins Schneider Electric Kenya from South East Asia where he served as the Strategy and Transformation Leader in charge of Vietnam…

26 February 2024 - Christo Wiese, South Africa's billionaire retail magnate, known for leading the growth of Africa's largest clothing retailer and the continent's biggest grocer, has now ventured into a realm reminiscent of the early days of his illustrious career…

26 February 2024 - Christo Wiese, South Africa's billionaire retail magnate, known for leading the growth of Africa's largest clothing retailer and the continent's biggest grocer, has now ventured into a realm reminiscent of the early days of his illustrious career…

26 February 2024 - Kenya Power now has the greenlight to charge some electricity consumers in US Dollars, Euros and Sterling Pounds after receiving regulatory approval from EPRA. To address concerns about the legality of billing in foreign currency, Kenya Power…