The specter of a prolonged conflict in the Middle East has sent shockwaves through global energy markets, bolstering oil prices.

In 2020, Sama became the first AI data labeling company to receive B Corp Certification, formally committing to create a...

Safaricom Telecommunications Ethiopia added close to 3 million customers and built a distributor network of over 114 outlets

While oil prices softened slightly on Thursday, they remained within the trading band seen since the start of 2023.

The service will be utilized by customers shopping less than 15 items and is expected to be rolled out in...

The proceeds from Norfund’s investment will also be utilized to strengthen Hela's strategic supply chain partnerships in East Africa.

KCB Group Plc has also significantly cut its carbon footprint by 11.25% in its premises across the six countries it...

Joanne Mwangi-Yelbert has been appointed as the new  Chairperson of the Kenya Tourism Board (KTB) for a three-year term, replacing...

The study offers an opportunity for the tax contribution of the Kenya banking sector to be quantified and analyzed so...

Safaricom Plc on Monday unveiled a new brand campaign dubbed “Tuinuane” that is aimed at encouraging Kenyans to uplift one...

As a result of the VAT reduction, a 13kg cylinder was retailing at an average of Kes 3,100.67 in July...

Oil prices typically rise when the dollar falls as a weaker dollar makes crude cheaper for buyers holding other currencies.

CBK MPC committee expects domestic inflationary pressures in the near term to ease on account of cooling international commodity prices,...

Oil Prices also found support as the Group of Seven richest economies aims to have a price-capping mechanism on Russian...

Kodris Africa CEO Mugumo Munene said that the partnership with Safaricom would go a long way in initiating the subject...

Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.

Spot gold firmed 0.1% to $1,718.97 per ounce, by 0041 GMT, while U.S. gold futures dipped 0.1% to $1,716.70.

Brent crude futures for September settlement dropped 48 cents, or 0.5%, to $102.72 a barrel at 0205 GMT, down for...

The Ndoto Zetu Initiative by Safaricom Foundation has reached close to 3 million Kenyans since its inception in 2019.

NALA and Equity Bank are changing the paradigm of financial tools across the region by providing fair and transparent services...

Tesla’s second-quarter profit fell 32% from record levels in the first quarter, with the company reporting a $2.26bn net profit...

BAT Kenya’s gross revenue increased by 8 percent to Kes 21.9 billion serving as a buffer to the increased operational...

Kenya Airways, South African Airways’ valued clientele will gain new travel choices to markets across East Africa via Kenya’s extensive...

The IMF loan will be used for budget support, bringing Kenya’s total disbursements for budget support so far to about...

According to the AfDB, the loan will help Kenya significantly boost cereal and oil seeds production over the next two...

International organizations such as the International Finance Corporation (IFC) and the Global Climate Fund (GCF) have led in supporting climate...

The OPEC+ move to bring forward crude oil output hikes is widely seen as unlikely to meet demand as the...

Trading on the secondary bond market on the NSE posted a decline in activity as compared to Thursday's trading, with...

Brent crude oil futures were on track to fall for the week, and WTI was on course for a 1.6%...

The launch of Safaricom's M-Pesa Visa virtual card opens global shopping for Kenyan consumers, allowing secure cashless payments at merchant...

International crude oil benchmark Brent crude futures were last down 1.68% at $114.34 per barrel. U.S. crude futures dropped 1.87%...

Trading on the secondary bond market on the NSE posted a decline in activity as compared to Monday's trading, with...

Compared with the previous NSE trading day, today's data shows a 64% decline in volume, 62% decline in turnover, and...

Cryptocurrencies faced a major meltdown as the drop in TerraUSD, one of the world's largest stablecoins, sent shockwaves through markets...

Family Bank has acquired a KES 1.5 billion loan portfolio guarantee facility from the African Guarantee Fund.

Elon Musk has decided not to join the board of Twitter, the company’s chief executive Parag Agrawal says. Elon Musk’s...

Kenya has secured Kshs. 85.5 billion from the World Bank in what the lender says will help support the country’s...

Oil prices climbed on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels per day...

Catalyst Fund is supported by the UK Foreign, Commonwealth and Development Office (FCDO), JPMorgan Chase & Co., and PayPal, and fiscally...

Oil prices gained on reports of cyberattacks on several Ukrainian state websites added to fears about escalating tensions with Russia.

The CBK on Thursday published a Discussion Paper on Central Bank Digital Currency inviting public input on modalities of possible...

Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) posted gains, compared to Friday's trading, with bonds...

Google parent Alphabet Inc rose 1.7% on wall street ahead of quarterly results published after the bell. Amazon Inc and...

Kenya’s annual inflation rate has dropped to 5.39% in the month of January on account of lower prices of electricity,...

Data from the Central Bank of Kenya (CBK) shows top CEOs in Kenya are optimistic about business growth this year

Australia’s ASX 200 advanced 2.19% to end the session at 6,988.1. MSCI’s broadest index of Asia-Pacific shares outside Japan edged...

Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue...

Kenya will spend Kes. 1.36 trillion equivalent to 63% of projected revenue in the current fiscal year to service the...

Lower U.S. oil inventories are also providing support, with crude inventories around the NYMEX WTI delivery point at Cushing in...

Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already...

The naming of Ms Mavisi as an Independent Head of the Kakuzi OGM, will provide impetus to the firm’s ongoing...

Falling equity markets also impacted crude oil markets as investors have become increasingly worried about central banks raising interest rates...

The beta version of the Cashlet app is due to be released by mid-February 2022, but users can sign up...