The New Cities Summit 2025 will showcase pioneering urban development projects and connect developers with top financiers, policymakers, and experts…
Browsing: Business
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…
PricewaterhouseCoopers (PwC) has announced the separation of its member firms in nine African countries, marking a significant shift in its…
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…
Summary dismissals rose sharply at the Kenya Revenue Authority (KRA) to 25 cases in Q1 of FY 2024/2025 from seven…
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…
Kenya is standing at a critical economic crossroads as the government unveils a fresh series of tax reforms and policy…
The number of Pochi la Biashara tills more than doubled in the 6 months to September, to 869,020 from 405,200…
Travellers entering Kenya will be required to declare details of their mobile phones and other devices at points of entry,…
The Ethiopian Shipping and Logistics Services Enterprise (ESL), known commercially as Ethiopian Shipping Lines, is mulling a rapid expansion of…
Ruling party Frelimo’s candidate Daniel Chapo will be Mozambique’s next president after winning 71% of the recently concluded elections. Chapo,…
After a seven-month legal clash with Binance executive Tigran Gambaryan, Nigerian Federal prosecutors have withdrawn fraud and money laundering charges…
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…
AJet, the low cost subsidiary of Turkish Airlines, has announced the launch of new routes to Egypt and Saudi Arabia,…
The Central Bank of Kenya (CBK) has cut the benchmark lending rate by 0.75% to 12.00%, as expected, to support…
Sure, exuberant VCs have written cheques to people who should not have been allowed to hold their neighbour’s wallet for…
The controversial universal health care plan, the Social Health Insurance Fund (SHIF), officially begun at midnight tonight, but there are…
The US Dollar, as measured by the DXY Index, extended losses on Thursday to trade below the 101 mark, amid…
The growing e-mobility sector in the region may gain a new entrant early next year after Zeno, a startup created…
The Capital Markets Tribunal has rejected a bid by Kakuzi PLC (Ticker: KUKZ) and its directors to bar the Capital…
Farmers in various tea zones have accused several factories of unfairly dropping per kilogram prices of the green leaf, prompting…
JP Morgan Chase CEO Jamie Dimon is set to visit Kenya next month, as part of a broader African tour…
China’s Securities Regulatory Commission and the Ministry of Finance have suspended accounting giant PricewaterhouseCoopers International (PwC) for six months and…
Kopo Kopo, a fintech that provides short-term loans, has appointed Dennis Ondeng as its new CEO, and made three other…
In a startling turn of events, KnowBe4, a leading cybersecurity awareness training company, recently uncovered an elaborate scam when it…
Chpter, an AI-powered conversational commerce platform, has raised US$1.2 million in their pre-seed round to expand product visibility and enhance…
An American couple – Mathew Shaw and Brooke Shaw – are accusing US-based Kenyan businessman Julius Mwale and his wife…
Crown Paints Kenya Plc, a listed paints and coats manufacturer (Ticker: CRWN), posted a KSh 75 million profit for the…
Majority of small holder farmers are missing out on credit to expand their farms as many are stuck in the…
Kakuzi Plc, a listed agricultural firm, has posted KSh347.5 million net profit for the 6 months to June 2024 –…
The cost of fertiliser is still beyond the reach of many farmers across the country posing the risk of low-quality…
The competition regulator in Kenya has permitted UAE’s B Commodities’s acquisition of 98.56% in Lipton Teas and Infusion, setting the…
The government has withdrawn the controversial Livestock Bill 2024 which sought to create a new authority to register farmers and…
The Bank of Uganda (BOU) has cut the key lending rate to 10.0 percent from 10.25 percent, the first time…
A healthcare consulting firm, Salient Advisory, has released its semi-annual report highlighting the top 20 innovators in Africa enhancing access…
Last week, President William Ruto nominated opposition MP John Mbadi to replace Prof. Njuguna Ndungu as the Cabinet Secretary of National Treasury,…
The proposed Livestock Bill 2024 introduced by Kikuyu legislator, Kimani Ichung’wa, will constitute a new Authority mandated to regulate inputs…
Effective 22nd August this year, American digital bank, Mercury Bank will close all business accounts in 37 countries around the…
The Kenya Association of Manufacturers (KAM) has appointed EABL CEO and Group Managing Director, Jane Karuku, as its chairperson for…
In a country where agriculture accounts for 20% of the GDP, the role of processing industries in socio-economic development remains…
Ride-hailing app, Uber, has told The Kenyan Wall Street that the onboarding process of new drivers in the platform is…
The Competition Authority of Kenya (CAK) has gazetted a settlement it made with KCB last year following a complaint that…
As Kenya reels from protests and uncertainty, even after President Ruto’s announced his administration would be withdrawing the Finance Bill…
Early-stage startups in Africa are set to benefit from investments worth US$ 75 million from Paris-based VC Breega, which aims…
The Finance Bill 2024 has sailed through to the second reading after Members of Parliament voted 204 yes against 115…
The government will have to slash budgets for crucial departments if MPs do not endorse the revenue-raising measures contained in…
Barely two weeks after going under administration, e-commerce platform, Copia has reportedly stopped its delivery service in six towns as…
The upcoming week promises a whirlwind of activity for oil and gold traders, with crucial US job reports that include…
The Bank of Uganda’s Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) at 10.25% at its June meeting.…
The United States’ (US) Department of State has sanctioned five Ugandan officials including Speaker of Parliament Anita Among and Minister…
When working with international investors you’ll have to do some cross-cultural translations which go beyond language. It took me 5…
The Capital Markets Authority (CMA) has approved the registration of Arvocap Unit Trust Scheme pursuant to the capital markets act…