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business11h ago

Kenya enacts law imposing Sh20mn fine for cybercrimes

Kenya has enacted a new law, the Computer Misuse and Cybercrimes (Amendment) Act, 2024, significantly increasing penalties for cybercrimes, including fines of up to Sh20 million or 10 years imprisonment for offenses like cyber harassment.

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business11h ago

Amazon outage ‘resolved’ as Snapchat and banks among sites impacted

An Amazon Web Services (AWS) outage on Monday impacted thousands of websites and apps globally, including Snapchat, Lloyds Bank, and Fortnite, for much of the day. Amazon later announced the issues were resolved.

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business1d ago

Global funding crisis threatens women and children’s health programs, PMNCH

A new global survey by the Partnership for Maternal, Newborn & Child Health (PMNCH) reveals that a funding crisis is severely threatening vital health programs for women, children, and adolescents worldwide. This crisis, described as "not just financial but human" by PMNCH Executive Director Rajat Khosla, is forcing organizations to scale back or cease essential services.

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business1d ago

IFAD unveils $358mn climate-resilient dairy programme in East Africa

The International Fund for Agricultural Development (IFAD) has launched a $358 million program in East Africa to create a climate-resilient, low-emission dairy sector, benefiting millions of smallholder farmers.

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business22h ago

Epson’s EcoTank L8100: Can sustainable printing deliver on performance and cost?

The Epson EcoTank L8100 printer is being highlighted in Kenya as a sustainable solution that claims to reduce both printing costs and environmental waste by replacing traditional cartridges with a refillable tank system.

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business1d ago

KQ, Qatar Airways expand partnership with 11 new global routes

Kenya Airways (KQ) and Qatar Airways have announced an expanded codeshare agreement, introducing 11 new global routes for passengers. This coincides with Qatar Airways launching a third daily flight between Doha and Nairobi.

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business1d ago

Airport inferno could cost Bangladesh $1bn in damages – experts

A devastating fire at Bangladesh's main airport's logistics section on Saturday could cost businesses over $1 billion in damages, threatening the country's vital garment export industry. The blaze destroyed clothes and raw materials, with several businesses potentially losing future opportunities due to the loss of critical samples.

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business1d ago

Kenyan firms rely on own funds as credit costs stay high

Kenyan companies are increasingly relying on internal funds for operations and expansion due to high borrowing costs and strict lending conditions, according to a recent Central Bank of Kenya (CBK) survey.

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business1d ago

China’s economic growth slows as trade tensions with US flare up

China's economic growth slowed to 4.8% in the third quarter of 2025, its weakest pace in a year, amid escalating trade tensions with the US. This slowdown follows China's imposition of controls on rare earth exports, prompting a swift response from US President Donald Trump.

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business2d ago

Advans eyes East Africa in new SME growth strategy

Global microfinance group Advans is expanding into East Africa, targeting Kenya, to support small and medium enterprises (SMEs) with data-driven and technology-enabled lending solutions. This move aims to bridge the significant financing gap faced by millions of small businesses across Africa.

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business2d ago

Raila’s final flight home: KQ crew’s emotional in-flight tribute

Kenya Airways paid an emotional tribute to the late Raila Odinga, whose body was flown from India to Nairobi. The national carrier changed the call sign of the flight carrying his body to RAO001 and later serenaded passengers with his favorite song on another flight.

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business2d ago

‘I miss the past, but we like the money’: The Bali-fication of a laidback surfers’ island

The Indonesian island of Lombok is undergoing rapid development aimed at transforming it into a new tourist hub, mirroring the success of neighboring Bali. This "Bali-fication" is bringing economic opportunities but also sparking controversy and concerns among locals.

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business2d ago

Safarilink denies claims of fare hikes on Nairobi–Kisumu route

Safarilink has denied social media claims of a sharp increase in airfares on the Nairobi–Kisumu route following allegations by Kileleshwa MCA Robert Alai.

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business2d ago

Safaricom CEO hails Raila as selfless leader, democracy icon

Safaricom CEO Peter Ndegwa recently paid tribute to Raila Odinga, praising him as a selfless leader and democracy icon during a graduation ceremony at Meru University of Science and Technology.

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business2d ago

Betfred says all its shops may close if UK hikes gambling tax

Betfred co-founder Fred Done has warned that all 1,287 Betfred shops in the UK, employing 7,500 people, could close if Chancellor Rachel Reeves increases taxes on gambling firms.

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business3d ago

IMF projects Kenya’s economy to grow 4.8pc in 2025

The International Monetary Fund (IMF) projects Kenya's economy to grow by 4.8 percent in 2025 and 4.9 percent in 2026, a slight increase from the 4.7 percent estimated for 2024. This growth is supported by key sectors, though the IMF warns of persistent debt burdens.

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business3d ago

Buying more, wearing less – why India’s Diwali gold rush is different

Despite soaring gold prices, India's Diwali festival is seeing a strong rush for gold, driven by auspicious traditions and investment rather than solely jewelry purchases.

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business2d ago

Mahindra, Embraer partner to pitch C-390 for IAF’s medium transport programme

The Mahindra Group has announced a strategic partnership with Embraer Defense & Security to introduce the C-390 Millennium military transport aircraft to India for the Indian Air Force’s (IAF) Medium Transport Aircraft (MTA) programme.

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business2d ago

India’s first commercially packaged multi-chip module sent to US firm AOS

India's first commercially packaged multi-chip module (MCM) has been dispatched from Kaynes Semicon's Sanand OSAT facility to California-based Alpha &Omega Semiconductor (AOS), marking a significant step for India's semiconductor industry.

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business3d ago

Superior Homes launches Sh1bn Sunset Creek Estate in Kilifi

Superior Homes Kenya PLC has launched Sunset Creek Kilifi, a Sh1 billion mixed-use gated estate offering serviced quarter-acre plots in Kilifi. This new development is strategically located to provide residents with easy access to major towns and coastal attractions while enjoying scenic views.

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business3d ago

Lamborghini swerves away from all-electric future

Lamborghini is pushing back against an all-electric future, with its CEO stating that customers still desire the "sound and emotion" of internal combustion engines. The Italian supercar maker plans to continue using these engines for at least another decade, shifting its focus towards hybrid technology over fully electric models.

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business4d ago

Kenya urged to deepen India partnerships in capacity building and university exchanges

Analysts urged Kenya to strengthen partnerships with India, particularly in capacity building and university exchanges, honoring the legacy of former Prime Minister Raila Odinga in shaping Indo-Kenya relations. They highlighted structured exchanges in health sciences, technology, and manufacturing as vital for Kenyan graduates.

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business4d ago

Analysts celebrate Indo-Kenya relations championed by Raila

Analysts at the first Mentoria Fireside Chat praised former Prime Minister Raila Odinga for significantly enhancing Indo-Kenya relations, highlighting India's historical and ongoing contributions to Kenya's prosperity.

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business4d ago

Experts call for increased investment in obesity prevention, treatment

Experts are calling for increased investment in obesity prevention and treatment, especially in Kenya and other developing nations, as the global health challenge continues to rise.

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business3d ago

Kenya’s New VASP Law: A No-BS Legal Guide for Bitcoin and Crypto Builders

Kenya has enacted a Virtual Asset Service Providers (VASP) law, redefining the regulatory landscape for digital assets. The law primarily targets commercial intermediaries handling customer crypto assets, such as exchanges and custodians, while leaving individual users and peer-to-peer transactions unregulated.

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business4d ago

KQ adds extra flights to Kisumu ahead of Raila Odinga’s burial

Kenya Airways (KQ) has increased and upgraded flights to Kisumu International Airport to meet high travel demand ahead of the late former Prime Minister Raila Odinga’s burial on Sunday.

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business4d ago

Cheap oil, high stakes: Can India do without Russia?

India faces mounting pressure from the United States regarding its continued purchase of discounted Russian oil, leading to a delicate balancing act in its energy policy. This comes after the US imposed 50% tariffs on Indian goods and President Donald Trump claimed Indian PM Narendra Modi privately agreed to end Russian oil purchases.

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business4d ago

Raila Odinga: The entrepreneur who built a vast business empire

While known for his political career, the late Raila Odinga was also a successful entrepreneur who built a diverse business empire in Kenya.

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business5d ago

S Korea tycoon escapes paying $1bn in ‘divorce of the century’

South Korea's Supreme Court has overturned a $1 billion divorce settlement awarded to Roh So-young, ex-wife of billionaire Chey Tae-won, in a case dubbed the “divorce of the century.” The court cited a miscalculation of asset values, ordering a review of the case.

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business5d ago

Farm credit uptake falls as more farmers opt for SACCOs

A recent survey by the Central Bank of Kenya (CBK) reveals a decline in farm credit uptake, with only 31 percent of farmers borrowing for operations in September 2025, down from 41 percent in July.

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