•Tourism Sector Witnesses Unprecedented Growth Driven by Strategic Interventions and Market Diversification Kenya’s tourism industry has achieved a historic milestone, recording 2.4 million international tourist arrivals in 2024. This represents a remarkable 15% increase from 2023, highlighting the sector’s resilience and continued post-pandemic recovery. The United States remained Kenya’s largest source market, accounting for 12.8% […]
•Construction Industry Braces for Impact as NEMA Introduces Mandatory Sand Transport Permits The National Environment Management Authority (NEMA) has implemented new regulations requiring all sand transporters to obtain a mandatory transportation permit, a move aimed at enhancing sustainable sand harvesting and curbing illegal transportation activities. The directive, outlined in the 2024 Sand Harvesting Regulations, is […]
Nairobi, Kenya| Equity Group Foundation has announced the selection of 750 top-performing students from the 2024 Kenya Certificate of Secondary Education (KCSE) examination into its prestigious Equity Leadership Program (ELP). The selected scholars will participate in a six-month pre-university paid internship at Equity Bank branches across the country before joining university later this year. This […]
•Port of Mombasa Welcomes Two Luxury Liners, Signaling Growth in Kenya’s Cruise Tourism Sector Mombasa’s economy and tourism industry are set for a significant boost as the Port of Mombasa welcomes two renowned cruise ships, MV World Odyssey and MS Europa. The arrival of these luxury liners, carrying a combined total of 1,600 passengers, underscores […]
Eldoret, Kenya| The County Government of Uasin Gishu has taken a strategic step toward economic transformation by signing a Memorandum of Understanding (MOU) with the Kenyatta International Convention Centre (KICC). This landmark partnership aims to position the county as a key player in Kenya’s Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism sector. The agreement, signed […]
Addis Ababa, Ethiopia| Ethiopia and Mauritius have reaffirmed their commitment to deepening bilateral relations through enhanced collaboration in key sectors, including trade, tourism, and aviation. This was highlighted during a high-level meeting on the sidelines of the 38th African Union (AU) Summit, where Ethiopia’s State Minister of Foreign Affairs, Ambassador Mesganu Arga, and the CEO […]
Chinese researchers have made a groundbreaking advancement in supercomputing, achieving a nearly tenfold performance boost over Nvidia-powered U.S. supercomputers by utilizing domestically developed graphics processing units (GPUs). This achievement marks a significant milestone in China’s push for technological self-sufficiency and challenges America’s longstanding dominance in high-performance computing. Breakthrough in GPU Optimization and Data Processing The […]
Nairobi, Kenya| Equity Bank Kenya has announced a reduction in interest rates for all new and existing Kenya Shilling-denominated credit facilities. This follows the recent decision by the Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) to lower key benchmark rates. The rate adjustment will take effect immediately for new loans issued from February […]
Kapenguria, West Pokot| In a move aimed at boosting local trade and supporting small-scale entrepreneurs, West Pokot Governor Simon Kachapin has officially commissioned 80 newly constructed stalls at Bendera Market in Kapenguria Ward. The initiative, which seeks to provide modern and secure trading spaces for vendors, is expected to stimulate economic growth, enhance business opportunities, […]
Paris, France| A fresh and dramatic confrontation has unfolded between two of the biggest names in artificial intelligence, as OpenAI CEO Sam Altman firmly rejected a reported $97.4 billion takeover bid from tech magnate Elon Musk. The rejection, made clear at a tech business event on the sidelines of the Paris AI summit, underscores the […]
