Digital credit provider MyCredit has secured KSh 1.4 billion in funding from global impact leaders Oikocredit and BlueOrchard to lend…
Browsing: Business
Employees of Hela Intimates EPZ Limited in Athi River, Machakos County. [File, Standard] Days after U.S. President Donald Trump imposed…
Wooden gavel. (Courtesy/iStock0 A firm linked to Kwale Sugar Company, Kotecha and Sons Ltd will pay a contractor Sh221 million, after the Court…
Meta boss Mark Zuckerberg has taken the witness stand in a landmark antitrust trial to defend his company against allegations…
National Bank of Kenya branch in Nairobi. [File, Standard] The Central Bank of Kenya (CBK) has approved the acquisition of…
Director of Public Policy and Government Relations at TikTok for Sub-Saharan Africa, Fortune Mgwili–Sibanda. [File, Standard] Across Africa, governments and…
Kenya Revenue Authority (KRA) has launched a patrol boat for their Marine Unit fleet to enhance the fight against illicit…
Businessman Bruno Oguda Obodha, before Mavoko Law Courts, Machakos county, on April 14, 2025. [Peterson Githaiga, Standard] Businessman Bruno Oguda…
Kenyans will get a slight reprieve following the reduction of fuel prices for the next one month. The Energy and…
Cooking gas cylinders at Heshima trading centre in Nakuru. [File, Standard The Ministry of Energy and Petroleum is pushing for…
Super Metro buses parked at the Kitengela Bus park in Kajiado County, on Friday, March 21, 2025. [Peterson Githaiga, Standard] Nairobi…
A pump attendant fueling a car at a petrol station along koinange street.[Wilberforce Okwiri,Standard] The Energy and Petroleum Regulatory Authority (Epra) has…
A pump attendant fueling a car at a petrol station along koinange street.[Wilberforce Okwiri,Standard] The Energy and Petroleum Regulatory Authority (Epra) has…
Nigeria’s Access Bank Plc has acquired 100pc stake in National Bank of Kenya from KCB Group with the two parties…
The Office of the Data Protection Commissioner (ODPC) has ordered NCBA Bank to pay KSh 250,000 in compensation to a…
Dr. Alex Kamau during an interview on Spice FM on April 14, 2025. [Spice FM] US President Donald Trump on…
On April 9, U.S. President Donald Trump announced a 90-day pause for countries hit by higher U.S. tariffs. In a…
US President Donald Trump during the National Prayer Breakfast at the US Capitol in Washington, DC, on February 6, 2025.…
Pension regulator, the Retirement Benefits Authority (RBA) has set its eyes on the informal sector as it seeks policy reforms…
Cabinet Secretary, Ministry of Co-operatives and Micro, Small, Medium Enterprises (MSMEs) Development Wycliffe Oparanya (R) and Absa Bank Kenya CEO…
Hand milking should be done by gentle but firm teat squeezing and not pulling. [Kipsang Joseph, Standard] Dear Daktari, Thank…
Auditor General Nancy Gathungu (centre) with Latin Poda, the First President of the Court of Accounts of Burkina Faso (left)…
Ireland’s data protection watchdog, acting on behalf of the European Union, launched an inquiry Friday into the use of personal…
The CGIAR inaugural Science Week came to a close after a week dedicated to advancing science, fostering innovation and and…
Newly-appointed Health Cabinet Secretary Aden Duale has appointed former Chief Administrative Officer (CAS) Dr. Mercy M. Mwangangi as the new…
The Nissan X-trail T30 marks it 25th anniversary this year. [Courtesy] The Nissan X-Trail T30, the inaugural model in the…
Jubilee Health Insurance (JHIL), a subsidiary of listed financial services company Jubilee Holdings, doubled its net profit to KSh 910…
African countries especially those highly dependent on fossil fuels could experience rise in inequality due to job losses resulting from…
A coffee farmer sorts out coffee berries at a coffee factory in Mathira, Nyeri County. [File, Standard] Coffee farmers are…
As inflation stabilizes across most major economies, China is taking a different path—into deflation. In March 2025, China’s Consumer Price…
Under water life with different species on display. [Robert Menza, Standard] Sylvan Mghanga holds the artifact of the oldest wooden…
The recovery of the stock market last year was a shot in the arm for the pension sector. [Courtesy] The…
Jubilee Health Insurance CEO Njeri Jomo during the launch of “Always With You” programme that seeks to make healthcare more…
Jubilee Health Insurance CEO Njeri Jomo during the launch of “Always With You” programme that seeks to make healthcare more…
ICT and Digital Economy CS William Kabogo and EU Ambassador to Kenya Henriette Geiger during a meeting in Nairobi, on…
Insurance is the least adjacent financial service offered by Mobile money Providers (MMPs) after credit and savings, even though it…
The Arab Bank for Economic Development in Africa President ,Abdullah Almusaibeeh.[File, Standard] Abdullah Almusaibeeh has been appointed the new president…
ICT Cabinet Secretary William Kabogo addresses participants during the International Telecommunication Union regional development forum for Africa (RDF- AFR) 2025,…
Central Bank of Kenya Governor Kamau Thugge says Trump’s tariff could reduce Kenya’s exports to the US by approximately Sh12.9…
Jubilee Health Insurance Limited (JHIL), a subsidiary of Jubilee Holdings, has announced stellar financial results for the year ended 31…
America-based construction equipment company DEWALT, a flagship brand of Stanley Black & Decker, has announced strategic expansion into the African…
President William Ruto (second right), World Chambers Federation Chairman Rifat Hisarcıklıoğlu (second left), Cooperatives CS Wycliffe Oparanya (right) and KNCCI…
President William Ruto during inspection of the 4,566-unit Shauri Moyo B Affordable Housing Project in Kamukunji constituency, Nairobi. [File, Standard]…
Containers at the Port of Mombasa. March 3,2025 [Omondi Onyango,Standard] Most containers used to import cargo through major Kenyan ports…
A past graduation ceremony at Bandari Maritime Academy in Mombasa. [File, Standard] It is now two weeks since students at…
Residents at the site where a two-storey building under construction collapsed in Itierio, Kisii County on April 6, 2025. [Sammy…
The New Cities Summit 2025 will showcase pioneering urban development projects and connect developers with top financiers, policymakers, and experts…
Only one in five tenants is willing to purchase the units they are currently living in, pointing to a possible…
Plastic bottles on the Lamu seafront. [File, Standard] The war on plastic pellets has received a major boost at the…
Customers of KCB Bank Kenya, the country’s largest lender by assets, are set to benefit from lower borrowing costs following…
CGIAR has launched its 2025–2030 Research Portfolio Tuesday unveiling a blueprint to reshape global food, water and land systems amid…
Kenya Power intends to ramp up its rural electrification drive, aiming to connect 150,000 additional customers to the grid under…
NCBA Group PLC has said that it will appeal a High Court ruling that nullified the KSh 384.5 million stamp…
President Donald Trump has threatened China with an extra 50% tariff on goods imported into the US if it does…
The global coffee industry is facing challenges with prices of the commodity soaring to levels not seen since 1970s, driven by…
Blockchain is reshaping the real estate market by opening up new ways to buy, sell, and trade property. For many…
Some foreign-owned flower firms are now shifting their operations from Ethiopia to Kenya and Uganda as conflict in the Amhara…
Kenyan social commerce startup ‘Chpter’ has spun off Pluto, its WhatsApp API suite, into a standalone subsidiary, marking a strategic…
The Committee Linking Entrepreneurship-Agriculture-Development (COLEAD) has held a stakeholder workshop to mark the successful conclusion of a five-year special programme…
The National Bank of Ethiopia will begin regular foreign exchange auctions, starting with a US$50 million auction on April 1st.…
The Kenya Bureau of Standards (KEBS) has reiterated its dedication to guaranteeing the quality and safety of goods sold in…
Lufthansa Airlines was the named overall winner of the 4th annual Aviation Business Excellence Awards (ABEA), which were held yesterday…
Chinese technology giant Tencent has made a €1.2bn ($1.25bn) investment in a spin-off from Ubisoft, the maker of the Assassin’s…
The National Bank of Ethiopia (NBE) has maintained the 15% benchmark rate to temper inflation and anchor exchange rate expectations…
Listed Agricultural company, Kakuzi PLC, has reported a pre-tax loss of KSh 167 million for 2024, driven by adverse weather…
An ex-employee of iProcure Limited has withdrawn a lawsuit against the Kenyan agricultural supply chain startup—currently under administration due to…
In the heart of Kwale County, a silent revolution is unfolding. Shimba Hills National Reserve, a once-thriving sanctuary for Kenya’s…
Eighteen people have been arrested in Nairobi in a crackdown on a ‘cargo dumping’ tax evasion scheme where goods destined…
Global food prices rose 1.6% in February driven by higher vegetable oil, sugar and dairy prices, the UN Food and…
Nairobi, March 10 2025: The globally recognized ‘Best Places to Work’ awards by the London-based WorkL is excited to launch…
London listed Marula Mining’s subsidiary Muchai Mining Kenya has signed a deal with Baosteel Resources South Africa, a subsidiary of…
Kenya’s risks losing much needed revenue and community development due to illegal mining with Taita Taveta County alone having 158…
Snorkeling at Kisite Mpunguti. {Jayne Rose Gacheri, The Standard} I am back in Kisite Mpunguti for an adventure that combines…
French prosecutors dropped a criminal complaint by the Democratic Republic of Congo (DRC) against Apple in mid-February saying the allegations…
Parliament is considering a bill that seeks to streamline gold business in Kenya, and includes a proposal to establish gold…
Kenya’s tea export earnings plunged 20% in December 2024 while coffee revenues soared, underscoring the divergent paths of two of…
The Kenya Railway Corporation will kick off a feasibility study for the rehabilitation and expansion of Nairobi Commuter Rail Network…
The government through the Central Bank of Kenya (CBK) has raised KSh 130.8 billion from two reopened infrastructure bonds in…
The Milimani anti-corruption court has found Former Kiambu Governor Ferdinand Waititu and his wife – Susan Wangari – guilty in…
At least six US Congressmen are lobbying against the November 2024 indictment of Gautam Adani and officials of his companies…
Kenya needs effective trade within the country and across borders for the growing demand for animal feed to be affordable at…
Ugandan investigators have arrested the country’s Accountant General and eight senior officials for a heist in which US$16mn was stolen…
South Africa is a land of contrasts. It’s an economic powerhouse in Africa which boasts of the highest Gross Domestic…
Mumias Sugar has issued Ksh150 million bonus to cane farmers as leaders from the region challenged the government to fast-tract…
The United States of America has sanctioned General Abdel Fattah Al-Burhan, the leader of Sudanese Armed Forces (SAF), for committing…
The area under cultivation of wheat in Kenya has been falling since 2019 as farmers shift to maize farming, according…
The Sugar Bill signed into law by President William Ruto in November last year was a Trojan horse for the…
Uganda’s legislature has forwarded the Auditor-General’s report on the UShs 60bn (US $ 16.23mn) Bank of Uganda heist to the…
Unlike informal agents and government or donor-funded extension workers, agent networks are clusters of third-party and often semi-independent micro-entrepreneurs that…
The Kenya Veterinary Association (KVA) doubts the government’s ability to conduct an effective nationwide livestock vaccination exercise in January next…
Partnerships with APIs such as the Daraja platform have enabled Safaricom’s M-Pesa to broaden its integration range with Point-of-Sale (POS)…
The Central Bank of Kenya (CBK) has lowered the benchmark interest rate by 75 basis points to 11.25% at its…
In the Kenya Association of Travel Agents‘ estimation, the imposition of VAT on air ticketing services will reduce flight bookings…
Makini School’s owner ADvTECH has concluded a $7.5 million agreement to acquire 100% interest in Ethiopia’s Flipper International School. Flipper…
86% of founders report that building their startups has taken a toll on their mental health, a survey by early-stage…
In a letter to the National Stock Exchange of India and the Bombay Stock Exchange (BSE), Adani Enterprises Limited stated…
Gautam Adani’s name is in the global newsreels for the wrong reasons again; this time, New York prosecutors are pursuing…
The Ethiopian Shipping and Logistics Services Enterprise (ESL), known commercially as Ethiopian Shipping Lines, is mulling a rapid expansion of…
A circular from listed cement maker, Bamburi Cement PLC, to its shareholders reveals that Savannah Clinker’s proposed price for takeover…
Satellite data subscription grew by 1,955.3% after the licensing and launch of Starlink Internet Services Kenya in July 2023, a…