Nairobi, March 7 -- African economies risk being left behind in the artificial intelligence (AI) shift that is changing the way companies do business, with the continent's low capacity for virtual sto... Read More
Nairobi, March 7 -- Top Kenyan investors in MTN Uganda earned Sh44.7 million (Ush1.22 billion) in dividends in the financial year ended December 2023, when the telco reported a 21.4 percent profit jum... Read More
Nairobi, March 5 -- Kwale miner Base Titanium has set aside Sh1.1 billion ($7.7 million) to compensate hundreds of workers set to be laid off as it winds down its Kenyan operation by the end of this y... Read More
Nairobi, March 4 -- Nearly half of entrepreneurs and youth in Kenya who have received digital literacy training over the past four years have reported a rise in income after venturing into e-commerce,... Read More
Nairobi, Feb. 29 -- Technology firms are investing in enhanced virtual storage facilities to cater for an expected rise in artificial intelligence (AI) tools and products. Multiple global tech giants... Read More
Nairobi, Feb. 29 -- Nearly half of entrepreneurs and youth in Kenya who have received digital literacy training over the last four years have reported a rise in income after venturing into e-commerce,... Read More
Nairobi, Feb. 23 -- The Treasury is set for a Sh7.7 billion dividend windfall courtesy of Safaricom after the telco announced an interim payout of Sh0.55 per share. The government holds a 35 percent ... Read More
Nairobi, Feb. 22 -- The Treasury is foregoing at least Sh23.5 billion annually in tax incentives to entice buyers of infrastructure bonds (IFBs), which have emerged as the easiest path to the domestic... Read More
Nairobi, Feb. 21 -- The Central Bank of Kenya (CBK) has set specific fines for lenders and officials breaching rules, a shift from blanket fines for all violations. The published Draft Banking (Penal... Read More
Nairobi, Feb. 20 -- The cumulative amount of interest the government paid on its domestic debt rose by a fifth in the six months of the 2023/2024 fiscal year, compared to the corresponding period of t... Read More