Business Barometer

2 months ago

Absa, International Trade Centre to give women entrepreneurs access to financing

In the framework of the SheTrades Commonwealth+ Programme, which is funded by United Kingdom (UK) International Development, the International Trade Centre is collaborating with Absa Bank Kenya, the host institution of the SheTrades Kenya Hub, to launch the Access to…

BUSINESS

1 month ago

Italian wine’s event returns to Nairobi

The second edition of the Gambero Rosso Top Italian Wine Roadshow in Nairobi concluded on Thursday, January 30, at the Shamba Village in Loresho. Organized by International Wine Consultants, VinPodium, and local business partner, Victoria Mulu-Munywoki, Wine Consultant, Judge and…

NEWS

2 months ago

CMC Motors shuts down operations in Kenya, Tanzania and Uganda

CMC Motors Group is shutting down its operations in Kenya, Tanzania, and Uganda, ending its four decades of business in the region thanks to sharp economic pressures. The company, acquired by Dubai-based Al-Futtaim Group in 2014, attributes the decision to…

President Ruto nominates insider as new CBK deputy governor

President William Ruto has nominated Gerald Nyaoma Arita as the second Deputy Governor of the Central Bank of Kenya (CBK) to succeed Sheila M’mbijjewe, who retired in June. Mr Nyaoma is currently the Director of the Bank Supervision Department at…

4 months ago

NEWS

US Ambassador Meg Whitman resigns

United States (US) Ambassador to Kenya, Meg Whitman, resigned on Wednesday, November 13, just days after Donald Trump win. Ms Whitman, who was born in New York in 1956 and has served in the envoy role since 2022, has quit…

4 months ago

NEWS

Absa awards first millionaire in its ‘Change Your Story’ campaign

Absa Bank Kenya has awarded the first winner in the Change Your Story card campaign that kicked off in mid-September and is set to end on 31st December 2024. The campaign aims to inspire consumers to embrace digital channels and card…

4 months ago

BUSINESS

Absa empowers 200 business leaders in Western region

A total of 200 business leaders in Kisumu were hosted on Monday, November 11, by Absa Bank Kenya for a Business Club Forum as part of the lender’s Western Kenya Caravan that will significantly impact Small and Media Enterprises (SMEs)…

4 months ago

BUSINESS

Entrepreneurs must overcome challenges to create lasting legacies

Business executives and leaders have been challenged to keep improving themselves and their organizations if they have to build successful entrepreneurial legacies. Speaking during the stories of significance conference, SAV skills Director Mr. Vincent Otumbo said that there is need…

4 months ago

ENTERPRISE

We’ll begin nationwide livestock vaccination in 2025, says Ruto after allocating Sh1bn to support farmers

The government will embark on a nationwide livestock vaccination programme against diseases in January next year, a move that will see 22 million cattle and 50 million goats and sheep vaccinated. According to President William Ruto, the programme will help…

4 months ago

Politics

Family Bank picks Lazarus Muema as new chairman

Family Bank has named Lazarus Muema, a non-executive director for the last seven years, as the new chairman of the board of directors. Mr Muema, who holds a Bachelor of Commerce degree in accounting from the University of Nairobi and…

4 months ago

BUSINESS

Why Trump’s stock market victory rally might not last long

The Dow closed 1,500 points higher on Wednesday, boosted by Donald Trump’s presidential election win and a possible Republican-controlled Congress, signaling strong market optimism. Alongside the stock rally, U.S. Treasury yields also increased, raising concerns among some analysts about market stability…

4 months ago

BUSINESS

South Africa becomes key player in AstraZeneca’s clinical trial success

South Africa has emerged as a crucial country for clinical trials in AstraZeneca’s global operations, playing a pivotal role in advancing medical research and delivering innovative treatments. Through groundbreaking efforts in respiratory, cardiovascular, and oncology research, AstraZeneca’s clinical trials in…

4 months ago

Science

Importers, travelers to declare mobile device IMEI numbers starting next year

Passengers entering Kenya starting January 1, 2025, will be required to declare and register their mobile devices’ International Mobile Equipment Identity (IMEI) numbers at the port of entry as Kenya Revenue Authority (KRA) seeks to improve monitoring of imported devices…

4 months ago

TECH

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Business Barometer

Absa, International Trade Centre to give women entrepreneurs access to financing

Italian wine’s event returns to Nairobi

CMC Motors shuts down operations in Kenya, Tanzania and Uganda

President Ruto nominates insider as new CBK deputy governor

US Ambassador Meg Whitman resigns

Absa awards first millionaire in its ‘Change Your Story’ campaign

Absa empowers 200 business leaders in Western region

Entrepreneurs must overcome challenges to create lasting legacies

We’ll begin nationwide livestock vaccination in 2025, says Ruto after allocating Sh1bn to support farmers

Family Bank picks Lazarus Muema as new chairman

Why Trump’s stock market victory rally might not last long

South Africa becomes key player in AstraZeneca’s clinical trial success

Importers, travelers to declare mobile device IMEI numbers starting next year

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