- JUNE 18 – Amazon boss Andy Jassy has told staff to embrace artificial intelligence (AI) and warned the technology will lead to a smaller corporate workforce in the next few years. He shared the prediction in a memo to staff on Tuesday, which urged employees to “be curious about AI”. The tech giant…
- NAIROBI, Kenya, June 18 – The Central Bank of Kenya (CBK) has increased bulk payment settlement time to enable completion of large-value and time-sensitive transactions. Starting July 1, 2025, the Kenya Electronic Payment and Settlement System (KEPSS), the national Real Time Gross Settlement (RTGS…
- NAIROBI, Kenya, June 17 – Carbon markets could release 1.5 to 2.5 gigatonnes of new emissions annually, fueling more pollution in Africa, a recent report by Power Shift Africa has revealed. The report titled “Why Carbon Markets Are a Dangerous Distraction for Africa” shows that carbon markets lead…
- JUNE 18 – TikTok will live on for at least another three months in the United States, as President Donald Trump is poised to extend a sale or ban deadline for the third time since taking office this year. “President Trump will sign an additional Executive Order this week to keep TikTok up and…
- NAIVASHA, Kenya, June 17 – President William Ruto has defended the government’s Affordable Housing Programme, stating that no level of criticism will deter his administration from pushing forward with the initiative, which he says is central to uplifting low-income Kenyans and transforming urban…
- MOMBASA, Kenya, June 17, 2025 — Regional leaders, conservationists, and private sector players gathered at the Serena Beach Resort & Spa in Mombasa to mark World Oceans Day with a call for bold, collective action to secure the future of marine ecosystems and unlock the potential of the blue…
- JUNE 17 – Mali’s military junta has started building a gold refinery in partnership with a Russian conglomerate, the Yadran Group. The project would embody the West African nation’s assertion of its “economic sovereignty”, and ensure the nation benefited from its mineral wealth, military leader Gen…
- NAIROBI, Kenya, June 17 – The inaugural International Religious Freedom (IRF) Summit Africa kicked off Tuesday in Nairobi, positioning religious liberty as a foundational driver for peace, social cohesion, and economic development across the continent. Organized by Pepperdine University and the…
- By Prudence Khamati JUNE 17 – Insurance for most Kenyans, is a grudge purchase – something people reluctantly buy because it is mandated, not necessarily because they see its value. This has contributed to a low insurance penetration rate of under 3%, according to the Insurance Industry Annual…
- JUNE 17 – Social media and video networks have become the main source of news in the US, overtaking traditional TV channels and news websites, research suggests. More than half (54%) of people get news from networks like Facebook, X and YouTube – overtaking TV (50%) and news sites and apps (48%),…
- NAIROBI, Kenya, June 17 – Troubled property developer Banda Homes has been placed under official liquidation after months of financial distress and complaints from homebuyers. Mark Gakuru has been appointed as the official liquidator, according to a Gazette notice issued following a ruling by the…
- NAIROBI, Kenya, June 17 – Power Learn Project (PLP), in partnership with Safaricom Hook, has graduated 300 youth from its 16-week software development program, as the two organisations push for wider industry uptake of Kenya’s growing pool of digital talent. The training, launched in October 2024,…
- NAIOBI, Kenya, June 17 – Cross-border payments platform Verto has launched Verto Reserve, a new treasury feature that allows businesses to earn up to 10% interest on idle funds held in both G10 and African currencies—regardless of where they are incorporated. The offering is designed to help…
- NAIROBI, Kenya, June 17 – Afya Gemma, a clinical decision support platform developed by Aga Khan University’s Data Innovation Office, has been selected for the 2025 Google.org Accelerator. The recognition positions the platform to scale its AI-powered medical support tools across Kenya’s healthcare…
- NAIROBI, Kenya, June 17 – The Kenya Revenue Authority (KRA) is keen on leveraging technology as part of reforms to fully digitize value-added tax (VAT). KRA’s Commissioner for Micro and Small Taxpayers, George Obell, who spoke during the African Development Bank (AfDB) VAT Digitalization Seminar,…
- JUNE 17 – British Steel has secured a five-year contract worth £500m to supply train tracks for Network Rail, in a move which could help safeguard the short-term future of the Scunthorpe steelworks. The company will forge more than 337,000 tonnes of track, securing thousands of jobs, two months…
- JUNE 17 – The UK is expected to unveil new sanctions against Russia designed to “restrict Putin’s war machine” alongside other Ukraine allies on Tuesday. Prime Minister Sir Keir Starmer said the measures would increase economic pressure on the Kremlin to show Vladimir Putin “it is in his and Russia…
- NAIROBI, Kenya, June 17 – The National Assembly’s Finance and Planning Committee has declined a controversial proposal in the Finance Bill, 2025, that sought to grant the Kenya Revenue Authority (KRA) extensive powers to access personal data from third parties for tax compliance purposes. In its…
- JUNE 17 – A deal removing some trade barriers between the UK and US has been signed off by President Donald Trump. The move will bring into force parts of an agreement agreed between the two countries last month, and reduce tariffs on UK cars being shipped to the US. It comes after weeks of […]
- NAIROBI, Kenya, June 17 – President William Ruto assented to the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025 at State House Nairobi on Tuesday. He also signed into law the Insurance Professionals Bill (National Assembly Bills No. 13 of 2024). The Anti-…
- By Leonard Agufa, JUNE 17 – The creations of our minds—songs, scripts, films, brand names, and so on—hold immense economic and cultural value. To fully realize that value, protecting these creations is crucial. If a creator fails to secure their intellectual property, they risk losing the ability…
- JUNE 17 – A project to build the UK’s largest road tunnel has been granted £590m by the government. Constructing the Lower Thames Crossing, linking Tilbury in Essex and Gravesend in Kent, will cost an estimated £10bn. Plans for the 14.5-mile (23km) route were approved in March after a 16-year…
- NAIROBI, Kenya, June 17 – Zeno, a global electric mobility company founded by a former Tesla Executive, has entered the East African market with the launch of electric bikes in Kenya. The San Francisco, Nairobi, and Bangalore-based company is establishing two assembly hubs and nine showrooms across…
- JUNE 16 – WhatsApp is launching three new ad features in a global roll-out across the messaging app. The Meta-owned platform says the new ads will not be shown in the same place as people’s private chats, nor will the contents of their messages – which are encrypted – be used to decide which ads […]
- NAIROBI, Kenya, June 16 – Equity Bank has emerged as Kenya’s most valuable brand in 2025, according to the latest Brand Finance Kenya report. The lender leads the pack with a brand value of Sh71.3 billion, boosting its dominance in the country’s financial services sector. Following closely are…
- By Njeri Jomo JUNE 16 – We often think of healthcare as something we turn to when we are unwell. A service we access, a system we rely on. Yet for many Kenyan households, healthcare is something far more precarious: a financial cliff. A single illness, an unexpected accident, a hospital bill that…
- NAIROBI, Kenya, Jun 16 – Bybit, a global cryptocurrency exchange, has stepped up its platform security and user protection efforts to curb fraud. Wilson Ogheneovo, the Regional Manager for Bybit in Africa, revealed the company is rolling out enhanced safety features, including escrow services that…
- NAIROBI, Kenya, June 16 – Access Bank, Cambridge University Press, Kenyatta University Teaching and Referral Hospital, Serena Hotel, DHL, Bowmans, G4S, the Marketing Society of Kenya, Hair Manufacturing, Sai Office Supplies, and Orpower are among several companies and individuals whose imported…
- NAIROBI, Kenya, June 16 – Owners of luxury vehicles in Kenya are increasingly opting for aftersales services from Original Equipment Manufacturer (OEM)-approved dealerships to maintain vehicle performance, safety standards, and long-term value. Firms like Inchcape Kenya—official retailer and…
- NAIROBI, Kenya Jun 16 – Africa’s young agri-tech innovators are set to converge in Kampala, Uganda for the Agriculture, Youth, and Technology (AYuTe) NextGen 2025 Conference, scheduled to take place from June 17 to 19. The three-day summit, organized by Heifer International, is expected to draw…
- NAIROBI, Kenya, June 16 – Del Monte Kenya Limited has joined the United Nations Global Compact to champion corporate sustainability initiatives. The network comprises 23,000 companies and 4,000 non-business participants dedicated to building a more sustainable, inclusive, and responsible future. “…
- JUNE 16 – Israel’s strikes on Iran, and Iran’s response, initially caused an shudder on global financial markets. The price of oil in particular surged, but after a weekend of missile and drone strikes between the two countries the cost of crude has fallen back. Nevertheless, oil prices are $10…
- NAIROBI, Kenya, June 16 – Centum Re has received Sh2.6 billion from the International Finance Corporation (IFC) for the construction of nearly 2,000 affordable houses at the Two Rivers Development. The fund from the World Bank’s lending arm, which will be repaid in seven years, will be used to…
- JUNE 16 – In a corner of Kentucky just outside of Louisville, family-owned shoe company Keen is opening a new factory this month. The move fits neatly into the “America First” economic vision championed by the Trump administration – an emblem of hope for a manufacturing renaissance long promised…
- NAIROBI, Kenya, June 16 – Agribusiness firm Kakuzi plans to spend over Sh1.2 billion for commercial and social impact projects. The funds will be used to expand agricultural production and value-added ventures for macadamia, avocado, livestock, and commercial forestry revenue streams. Under the…
- CALGARY, Canada, June 16 (Xinhua) — Hundreds of protesters took to the streets in downtown Calgary on Sunday as the Group of Seven (G7) leaders arrived in the city on their way to the two-day summit in Kananaskis in the province of Alberta. The protesters hoped to draw attention from G7 leaders to…
- NAIROBI, Kenya, June 16 – Kenya’s mini-grid solar operators are beginning to earn new revenue from their clean energy production through the sale of Renewable Energy Certificates (RECs), thanks to a platform known as Africa Renewables Katalyst (ARK). The platform links mini-grid operators in off-…
- JUNE 16 – Leonard Lauder, the businessman who built Estee Lauder into one of the world’s biggest cosmetic makers, has died aged 92. Lauder joined his parents’ company in 1958 and served as chief executive for 17 years. He was an accomplished dealmaker and bought brands including Clinique, Bobbi…
- NAIROBI, Kenya, June 16 – More than 100,000 small businesses across the country will benefit from a Sh5 billion grant to boost the enterprises, President William Ruto has announced. The President said the government, in partnership with the World Bank, will provide Sh50,000 to 70 small business…
- JUNE 15 – Construction is booming in Somalia’s capital city and as Mogadishu literally rises from the ashes of its violent past it is also giving unexpected opportunities to women like Fathi Mohamed Abdi and Saadia Ahmed Omar. The two young female engineers have been overseeing the construction of…
- NAIROBI, June 15 (Xinhua) — Kenya’s foreign exchange reserves maintained upward momentum this week, rising by 357 million U.S. dollars to reach a record high of around 10.94 billion dollars, the Central Bank of Kenya (CBK) said in its weekly financial markets update released Friday evening.…
- NAIROBI, Kenya, June 15 – Shell Club, the loyalty program run by Vivo Energy Kenya, marked Father’s Day by offering direct assistance to select long-time customers who are single or widowed fathers. The initiative identified Shell Club members from various parts of the country and offered support…
- NEW DELHI, June 14 (Xinhua) — India’s federal civil aviation minister Ram Mohan Naidu Kinjarapu Saturday said keeping in view the utmost seriousness of the incident, another high-level committee has been formed to probe the deadly plane crash in the western state of Gujarat. The committee,…
- NAIROBI, Kenya, Jun 14 – Super Petrol price has increased by Sh2.69 per litre in the latest pump price review by the Energy and Petroluem Regulatory Authority (EPRA). The prices of Diesel and Kerosene have also decreased by Sh1.95, Sh2.06 per litre respectively. “The prices are inclusive of the 16…
- JUNE 14 – How would you feel if your internet search history was put online for others to see? That may be happening to some users of Meta AI without them realising, as people’s prompts to the artificial intelligence tool – and the results – are posted on a public feed. One internet safety expert…
- NAIROBI, Kenya, June 14 – The Communications Authority of Kenya (CA) and the Judiciary have launched a Sh250 million project aimed at digitizing 42 law courts across 28 counties through the deployment of Local Area Networks (LANs). The initiative, unveiled at the Msambweni Law Courts in Kwale…
- NAIROBI, June 14 (Xinhua) — Earnings from Kenya’s horticulture exports shrank by 11.2 percent in the first quarter of 2025, the Central Bank reported Friday, with the decline in revenue attributed to a strong shilling and insecurity in the Red Sea shipping route. The apex bank said in an economic…
- JUNE 14 – Global oil prices jumped after Israel said it had struck Iran in a dramatic escalation of tensions in the Middle East. The price of the benchmark Brent crude rose more than 10%, reaching its highest level since January, before losing some gains. Traders were concerned that a conflict…
- By Adam Lane JUNE 14 – As leaders from across Africa gathered at the Connected Africa Summit 2025 under the theme “The Digital Journey: Vision to Reality,” one message was unmistakable: while remarkable progress is underway, digital transformation remains far from universal. Over the past decade,…
- NAIROBI, Kenya, June 13 – Global tech platform Glovo has signed a Memorandum of Cooperation with Kenya’s Ministry of Labour and Social Protection in a strategic move aimed at expanding the country’s platform economy, creating jobs, and enhancing digital skills. The agreement was unveiled in Nairobi…
