Topic: East Africa
DTB reports Sh4.9 billion net profit with 12 per cent growth in half-year results
Aug 26, 2024 at 11:15 PM
Diamond Trust Bank (DTB) has posted strong financial metrics in its half-year results, underlining the success of its strategic initiatives....
Jubilee Insurance launches campaign to boost financial literacy in East Africa
Aug 16, 2024 at 04:36 PM
Jubilee Insurance has introduced a new campaign, "There’s Living, and There’s Living Free," aimed at improving financial literacy across East Africa....
Local edible oil manufacturers cry foul over Govt's new 10 per cent tax
Aug 01, 2024 at 01:53 PM
Edible oil manufacturers are up in arms over a newly imposed 10 percent import duty on crude palm oil, a key ingredient in the production of cooking oil and other household staples...
Kenya and Uganda begin talks on key pipeline extension project
Jul 30, 2024 at 12:34 PM
A new era of regional energy cooperation is dawning as Kenya and Uganda forge ahead with plans to extend the crucial petroleum products pipeline from Eldoret to Kampala....
Standard Chartered unveils strategic investment insights for H2 2024
Jul 29, 2024 at 11:05 PM
s the world teeters on the brink of significant economic shifts, Standard Chartered has unveiled its Global Market Outlook for the latter half of 2024....
Danger on wheels: COMESA raises alarm on faulty airbags in imported vehicles
Jul 23, 2024 at 11:55 PM
A looming crisis is unfolding in the East African region as a regional watchdog raises the alarm over potentially deadly airbags in millions of vehicles circulating within its bord...
Amsons Group faces Sh682m break-up fee should its Bamburi Cement bid flop
Jul 18, 2024 at 09:46 PM
Tanzanian conglomerate Amsons Group has outlined a Sh682.7 million ($5.31 million) break-up fee should its proposed acquisition of Nairobi Securities Exchange-listed cement manufac...
Ford Foundation responds to Ruto on alleged links to Gen Z tax demos
Jul 16, 2024 at 01:46 PM
In a detailed response to President William Ruto's claims that the Ford Foundation is financing chaos in Kenya, the foundation has firmly denied any involvement in the recent prote...
Business Networking International East Africa to host pivotal convention in Naivasha
Jul 11, 2024 at 01:29 PM
The scenic shores of Lake Naivasha in Kenya are set to become a hub of business collaboration and innovation as the Business Networking International (BNI) East African Convention ...
AirAsia X set to launch direct flights from Nairobi to Kuala Lumpur in November
Jul 02, 2024 at 11:28 AM
AirAsia X (AAX) has announced the launch of a direct flight service connecting Nairobi, Kenya, to Kuala Lumpur, Malaysia, starting on November 15, 2024....
Equity Group makes a bold move into Health Insurance market
Jun 28, 2024 at 03:27 PM
Equity Group Holdings Plc (EGH) shareholders overwhelmingly approved the establishment of a dedicated health insurance subsidiary at the company's 20th Annual General Meeting (AGM)...
Three tech titans come together to foster AI education for youths in East Africa
Jun 27, 2024 at 02:08 PM
In a landmark initiative, technology leaders Safaricom, Microsoft, and Lenovo have come together to promote the education of East African youths in the rapidly evolving field of ar...
Leah Kirumbi appointed as Chief Medical Advisor at Health-Tech Innovator iZola
Jun 11, 2024 at 10:51 AM
Dr. Leah Kirumbi, MBChB, M.MED OBGYN, has been appointed as the Chief Medical Advisor for iZola, a pioneering health-tech startup that provides solutions for parents of neurodiverg...
ANTHONY HUTIA: How Samsung is leading drive for environmental sustainability
Jun 06, 2024 at 05:32 PM
As the urgency to combat climate change escalates, technology companies are uniquely positioned to drive environmental sustainability....
Samsung Innovation Campus opens doors in Kenya, equipping youth for the tech frontier
May 31, 2024 at 07:24 PM
Samsung Electronics East Africa has partnered with Eastlands College of Technology to launch the Samsung Innovation Campus, a groundbreaking initiative designed to equip young Keny...
SBM, Mobikey partner to offer businesses comprehensive asset financing solutions
May 28, 2024 at 04:42 PM
SBM Bank Kenya and Mobikey, a leading East African asset financing company, have joined forces to provide Kenyan businesses with a powerful tool to fuel their growth....
PS Paul Rono calls for renewed focus on CAADP for Africa’s agricultural future
May 22, 2024 at 11:52 AM
Agriculture PS Paul Rono has underscored the urgent need for a renewed focus on the Comprehensive Africa Agriculture Development Programme (CAADP) to address the multifaceted chall...
Mercure Nairobi introduces innovative workspitality experience in Upperhill
May 15, 2024 at 12:25 PM
Mercure Nairobi has introduced the pioneering WOJO Workspitality concept to East and Central Africa, debuting in the vibrant Nairobi's Upperhill area....
UAE entity, B Commodities set for majority stake acquisition in Limuru Tea
May 08, 2024 at 03:53 PM
In a move that could reshape Kenya's tea industry landscape, B Commodities ME (FZE), a United Arab Emirates (UAE) based firm, is poised to acquire a controlling stake in Limuru Tea...
Pullman picks Nairobi for its first 'workspitality' hotel in East Africa
May 06, 2024 at 12:41 PM
Pullman Hotels & Resorts is scheduled to open the Pullman Hotel Nairobi Upper Hill in Nairobi, in June 2024....