Business

NCBA Shareholders Pocket Ksh.2.25 in Dividends After Ksh.9 Billion Profit Surge

NCBA Shareholders Pocket Ksh.2.25 in Dividends After Ksh.9 Billion Profit Surge

NCBA Group has reported a five-percent increase in profit after tax for the first half of 2024, reaching Ksh.9.8 billion…
Why Starlink Has Cut Off South Africans From Internet Access

Why Starlink Has Cut Off South Africans From Internet Access

Starlink has cut off users in South Africa who were accessing the service via regional roaming, as the company enforces…
Lobito Atlantic Railway Exports First Copper to US From DRC

Lobito Atlantic Railway Exports First Copper to US From DRC

The first US shipment of copper from mines in the Democratic Republic in Congo to be transported by the Lobito…
AfDB Sets Aside $2 Billion for Clean Cooking in Africa

AfDB Sets Aside $2 Billion for Clean Cooking in Africa

The African Development Bank (AfDBA) pledged $2 billion over 10 years ($200 million annually) towards clean cooking solutions in Africa.…
Kenyan MPs Push for More Funding on Climate Change Efforts

Kenyan MPs Push for More Funding on Climate Change Efforts

MPs from the National Government Constituencies Development Fund (NG-CDF) Committee of the National Assembly have challenged Environment Cabinet Secretary Aden…
How Finance Bill 2024 Cost Kenya Ksh.131 Billion Funding from IMF

How Finance Bill 2024 Cost Kenya Ksh.131 Billion Funding from IMF

The decision to do away with the Finance Bill 2024 cost Kenya Ksh.131 billion – according to US Ambassador to…
Meg Whitman Responds to Ruto Claiming Ford Foundation Funded Kenyan Protests

Meg Whitman Responds to Ruto Claiming Ford Foundation Funded Kenyan Protests

U.S Ambassador to Kenya Meg Whitman has rubbished claims by President William Ruto that American-based Ford Foundation funded the June-July…
Kenya Bans Export of $3.87 Million Raw Veneer Materials

Kenya Bans Export of $3.87 Million Raw Veneer Materials

Environment Cabinet Secretary Aden Duale has ordered an immediate ban on the export of raw veneer materials. This, Duale said,…
Kenya Pensions Industry Plans SPAC to Tackle State Pending Bills

Kenya Pensions Industry Plans SPAC to Tackle State Pending Bills

Kenyan pension funds are in talks to acquire a portion of the government’s overdue payments to some contractors and service…
Liberia to Receive $209 Million Facility After Date with IMF

Liberia to Receive $209 Million Facility After Date with IMF

The International Monetary Fund (IMF) reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for…
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