DECEMBER 9, 2022
Business

NSSF Leverages Technology to Process Benefits Within 24 Hours

The National Social Security Fund (NSSF) in Kenya has implemented advanced digital solutions to process retirement benefits within 24 hours, as part of its 2023–2027 Corporate Strategic Plan. This transformation enhances efficie...

BusinessNews

State Issues Warning to Sugar ‘Cartels’ Hindering Sector Growth with Court Cases

Agriculture Principal Secretary Paul Rono has urged sugar cartels in Kenya to halt their legal battles, which are stalling sector reforms. The government has approved a Sh117 billion debt waiver for public sugar firms to improve c...

BusinessNews

Mobius Motors Ceases Operations in Kenya

Mobius Motors is set to cease its operations in Kenya after shareholders voted for liquidation. A creditors' meeting is scheduled for August 15, 2024, to approve the appointment of KVSK Sastry as the liquidator. Founded in 2011 by...

BusinessNews

Farmers Rejoice as Sony Sugar Settles Ksh306 Million Historic Debt

Sony Sugar clears Ksh306 million in historical debts to farmers, including a government contribution of Ksh181 million and additional payments for recent cane deliveries. The company is on a recovery path, improving daily producti...

BusinessNews

Tanzanian Company Set to Purchase Bamburi Cement for Sh23 Billion

Discover how Amsons Group plans to acquire Bamburi Cement, a major move in East African investment, signaling growth in the regional cement sector.

Business

Licensing Delays and Regulatory Gaps Impact Mining Sector

Discover the challenges facing Kenya's mining sector, including regulatory hurdles in permit issuance and concerns over discriminatory practices. The Kenya Chamber of Mines calls for intervention to address bureaucratic inefficien...

Business

Value of Imported Used Clothes Rises to Sh28 Billion

Kenyan traders spent nearly Sh28 billion on importing second-hand clothes, reflecting a growing preference for used attire despite efforts to boost the local textile industry. The surge in mitumba imports poses challenges amidst h...

NewsPolitics

New Bishop Prohibits Fundraisers in Nyahururu

Rt Rev Samson Gachathi, the new Bishop of the ACK Nyahururu Diocese, has suspended all personal harambees, including fundraisers for pastors and special church days. This decision, aimed at allowing the church to focus on its core...

NewsSports

2025 AFCON Qualifiers Draw Scheduled for South Africa, Kenya’s Harambee Stars in Pot 3

Discover the latest updates on the CAF Africa Cup of Nations Morocco 2025 qualifiers draw, where Harambee Stars await their opponents. Learn about the pot assignments, draw ceremony in Johannesburg with football legends Emerse FaÃ...

BusinessNews

Navigating Turbulence: C&G’s Tax Disputes and Strategic Moves

Explore C&G's journey through tax disputes with KRA, strategic acquisitions, and financial strain, offering insights into navigating challenges amidst shifting economic climates on the Nairobi Securities Exchange (NSE).

kenya airways
BusinessNews

Kenya Airways Records First Operating Profit in Seven Years

Kenya Airways celebrates a significant milestone as it reports its first operating profit in seven years, marking a turnaround in its financial performance. Despite challenges posed by the Covid-19 pandemic, the airline saw a surg...

wingustore
Business

Best online platforms for selling products in Africa Kenya. 

Discover the explosive growth of Kenya's e-commerce market, set to reach $6.8 billion by 2025. Driven by increased internet access, a growing middle class, and mobile tech advancements, Kenya's digital shopping landscape is evolvi...

BusinessNews

Airbnb prohibits the use of indoor surveillance cameras in short-term rentals

Airbnb announces a ban on indoor surveillance cameras in rental properties worldwide, prioritizing guest privacy. The policy change comes amid safety concerns, prompting regulatory reviews in Nairobi and urging property registrati...

Business

Universal Music Group Acquires Majority Stake in Mavin Global: Key Move in Afrobeats Scene

Learn about Universal Music Group's acquisition of a majority stake in Mavin Global, a leading Nigerian record label founded by Don Jazzy. Explore the strategic partnership, its implications for the Afrobeats scene, and the vision...

teenprenuar
Business

8 Entrepreneurship Lucrative Small Business Ideas for Ambitious Teens

Discover the top small business ideas tailored for ambitious teens! From tutoring services to pet care, lawn maintenance, handmade crafts, and more – explore creative ventures that not only generate income but also foster valuab...

Rethread Africa
Business

Kenyan-based Company, Rethread Africa, Wins KES 34M in prestigious Global Award.

Rethread Africa, a Kenyan-based company, triumphs at the 2023 Global Change Award, receiving €200,000 for pioneering sustainable fashion innovations. Their bio-based synthetics, derived from sugar and corn waste, contribute to t...



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