Business

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.

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.

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…

26 February 2024 - NAIROBI, Kenya, Feb 26 – Nokia phone-maker Human Mobile Devices (HMD) said that it is committed to producing innovative gadgets that address global tech challenges such as e-waste and digital fatigue. The Finnish company plans to achieve this…

26 February 2024 - Kengen, independent power producers to start selling power directly to consumers, details of Ruto's Ksh4.2 Trillion Budget For 2024/25, banks start adjusting loan interest to new record highs of over 26%, Treasury proposes budget cuts including on…

26 February 2024 - We look forward to weekends because during the weekends we get time to hang out with our friends. We get to share ideas and take part in different activities together. For some people, these friends might also be friends from work. Other people…

26 February 2024 - When you hear someone quit their job, your first assumption might be, the pay must have been bad. However, there are more reasons why people quit their jobs even when they might be earning a comfortable amount of money.

26 February 2024 - Starting March 2024, Kenyan workers can anticipate notable changes in their payslip deductions, as the government has introduced revisions and additions to the payroll structure. 

26 February 2024 - Financial infidelity is the hiding of financial information or not disclosing your partner's financial activities. Making financial commitments without your partner's consent. This is not to be confused with financial irresponsibility.

26 February 2024 - NAIROBI, Kenya, Feb 26 – The International Budget Partnership (IBP) Kenya has urged the government to tame fiscal deficit as well as manage borrowing during the 2024–25 financial year (FY). IBP Kenya Country Manager Abraham Rugo noted that the big…

26 February 2024 - NAIROBI, Kenya, Feb 26 – The International Budget Partnership (IBP) Kenya has urged the government to tame its fiscal deficit as well as manage borrowing during the 2024–25 financial year (FY). IBP Kenya Country Manager Abraham Rugo noted that the…

26 February 2024 - NAIROBI, Kenya, Feb 26 – Kenya Breweries Limited (KBL), through Diageo Bar Academy, held a celebration for bartenders in Kenya in honor of the annual World Bartender Day on February 24th. The day celebrates bartending, which is among the oldest…

26 February 2024 - LONDON, United Kingdom, Feb 26 – A British government visa program allowing people from Ukraine to join family members who are already in the United Kingdom has been closed to new applications. More than 200,000 people have come to the UK since the…

26 February 2024 - NAIROBI, Kenya, Feb 26 – Tea delivered by smallholder farmers to the Kenya Tea Development Agency (KTDA)-managed factories increased by 15.2 percent in the seven months to last month, attributed to favorable weather conditions, among other factors…

26 February 2024 - The AI model, called TRAYS, is configured to forecast passenger numbers based on historical data.

26 February 2024 - The devolved units are pushing for Sh10.5bn from the Road Maintenance Levy Fund.

26 February 2024 - NAIROBI, Kenya, Feb 26 – KCB seeks to grow remittances within the East African region after signing a deal between KCB and Mastercard. The five-year agreement targets markets such as Kenya, Burundi, Rwanda, South Sudan, Tanzania, and Uganda. Users…

26 February 2024 - Employment opportunities are cropping up for agricultural workers in rural parts of Israel amid the ongoing war with Hamas, which has led to a shortage of agricultural workers within its borders. In response, many African countries, including Kenya…

26 February 2024 - This has been pegged on favourable weather conditions.

26 February 2024 - In the recent economic estimates highlighted by the African Development Bank, several African countries are poised to have low inflation rates. While inflation has long been viewed with apprehension in economic discourse, the current projections…

26 February 2024 - The participating pharmacies include Malibu Pharmacy, MY Dawa, Haltons Inkamed Pharmacy and One stop pharmacy.

26 February 2024 - NAIROBI, Kenya, Feb 26 – The industry-wide adoption of the revised accounting practices on bond valuations is expected to provide pension funds with a more accurate depiction of their financial health.  The regulations that came into effect on…

26 February 2024 - Target markets include Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda.

26 February 2024 - Televangelist David Kariuki Ngari alias Gakuyo has been charged with conspiring to defraud members of the public of over Sh1 billion on the pretext that he was able to invest in real estate and...

26 February 2024 - NAIROBI, Kenya, Feb 26 – Endeavor Kenya, a firm that helps entrepreneurs scale up their businesses, has unveiled the inaugural cohort of its Endeavor ScaleUp program, which aims to support high-growth startup ventures with the network and resources…

26 February 2024 - The recent report by the UK’s Department for Business and Trade factsheets shows that Nigeria’s imports from the United Kingdom (UK) declined. The report noted that the UK’s exports to Nigeria reduced by 21.2% or £357m at the end of the third…

26 February 2024 - CARACAS, Feb. 24 (Xinhua) — Venezuela and Türkiye are committed to advancing towards a trade exchange of 3 billion U.S. dollars, the two countries’ foreign ministers said here on Saturday. Venezuelan Foreign Affairs Minister Yvan Gil said that the…

26 February 2024 - Volkswagen is recalling more than 260,000 compact cars in the United States because a pump located inside the gas tank could leak fuel, possibly leading to a fire.

26 February 2024 - NAIROBI, Kenya, Feb 26 – More men borrow from digital lending platforms as compared to women, a study by the Competition Authority of Kenya (CAK) has shown. According to CAK, men are registered on multiple digital borrowing platforms as compared to…

26 February 2024 - Judges say findings of the High Court and that of the Court of Appeal on the matter represented two schools of thought.

26 February 2024 - On Sunday, President Bola Tinubu set up an economic advisory committee comprising the federal government, sub-nationals and the private sector to deliberate on the prevailing cost of living crisis in the country and strategies to tackle it.

26 February 2024 - Algeria just inaugurated the largest mosque in Africa. The president of the country, Abdelmadjid Tebboune oversaw the inauguration of the monument. The mosque known as the Grand Mosque of Algiers or the Great Mosque of Algiers or Djamaa el Djazaïr…

26 February 2024 - Ruto secured funding for various projects following bilateral talks with Japan Prime Minister Fumio Kishida.

26 February 2024 - NAIROBI, Kenya, Feb 26 – The government, in joint collaboration with the private sector, is set to distribute 4.4 million liquefied petroleum gas (LPG) cylinders across the country. According to Energy and Petroleum Cabinet Secretary David Chirchir…