Daily Vision News

23/01/2024

"Apple Shifts Gears: Electric Car Launch Delayed to 2028 - Daily Vision News

Apple Inc. has announced a significant pivot in its ambitious decade-long endeavor to develop a self-driving electric vehicle. Originally slated for a 2026 launch with fully autonomous capabilities, the tech giant has opted for a more pragmatic approach, downgrading the vehicle's autonomy to Level 2...

16/01/2024

Kenya, Tanzania To Resolve Air Travel Restrictions

Tanzania and Kenya have swiftly moved to resolve the recent tensions arising from imposed restrictions on air travel between the two countries. The agreement was reached through diplomatic channels, with Tanzania's Minister of Foreign Affairs and East African Cooperation, January Makamba, and his Ke...

16/01/2024

Kenyan Musicians Anticipate Ksh20Mn Payout in Landmark Govt Royalty Disbursement

The Music Copyright Society of Kenya (MCSK) has declared that the Kenyan government is set to disburse a substantial Ksh20 million payout to 16,000 Kenyan musicians on January 25, 2024, marking a historic development in the long-standing royalties battle. The eagerly awaited payout follows decades o...

14/01/2024

Kenya’s Opposition leader Raila Odinga Criticizes Church's Silence on Govt Threats Against Judges

Kenya's Opposition leader Raila Odinga has Sunday expressed disappointment with the church's perceived silence on what he considers the government's erosion of constitutional gains. Odinga, along with other leaders, attended a prayer service at the Kisumu Anglican Church of Kenya, where he criticize...

14/01/2024

Kenya’s DP Gachagua to Petition Removal of Justice Esther Maina in a continuous attacks by the state against the Judiciary

Deputy President Rigathi Gachagua announced his intention to file a petition seeking the removal of Justice Esther Maina from the Judiciary. Gachagua plans to submit the petition before Chief Justice Martha Koome on Thursday, alleging misconduct and corruption on the part of Justice Maina. The move....

14/01/2024

Relief for Kenyan Motorists: Fuel Prices Record a Significant Drop by Ksh 5 in latest pump prices review by EPRA

The Energy and Petroleum Regulatory Authority (EPRA) has announced a further reduction in the prices of Super Petrol and Diesel in its latest pump price review. This comes even as President William Ruto and the Director General of EPRA Daniel Kiptoo have both affirmed that the downward trend in fuel...

13/01/2024

$20Mn investment to improve energy and infrastructure in Africa https://dailyvision.co.ke/ifc-injects-20mn-equity-investment-in-africa/

13/01/2024

Uganda Seeks $658 for Security of East African Crude Oil Pipeline
https://dailyvision.co.ke/uganda-seeks-658-for-security-of-east-african-crude-oil-pipeline/

13/01/2024

Rand Merchant Bank (RMB) invests in leading climate tech company KOKO as part of carbon business growth

KOKO Networks, an international climate technology leader mainstreaming clean bio-ethanol cooking fuel in Kenya has joined forces with South Africa’s Rand Merchant Bank (RMB) in a strategic partnership to advance climate objectives. Serving as the lead mandated arranger and financier, RMB is facil...

13/01/2024

Rwanda Mines Board to Invest $2.37Bn to Boost Mining Sector

The Rwanda Mines, Petroleum and Gas Board (RMB) has embarked on a three-year research initiative to assess the estimated mineral deposits across the country, including gold. With a budget of $2.37 billion allocated for this project, RMB aims to generate valuable data that can serve as a resource for...

13/01/2024

Afreximbank Facilitates Record-Breaking $3.3Bn Crude Oil Prepayment Facility for Nigeria

The African Export-Import Bank (Afreximbank) has successfully orchestrated a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). This monumental financing, the largest of its kind in Nigeria and one of Africa's biggest syndica...

13/01/2024

Why Bottled Water is 100 Times Worse for Plastic Than Thought

Some may find comfort and good-looking when drinking one sip at a time of these bottled water, but fewer may know it could be at the expense of their own health in our modern, hydration-obsessed world. In a groundbreaking revelation, new research underscores the pervasive presence of nanoplastics in...

29/11/2023

ILAM Fahari Real Estate Investment Trust (REIT) unit holders have sanctioned the proposed operational restructuring and delisting of the REIT from the primary investment market segment of the NSE. https://dailyvision.co.ke/ilam-fahari-i-reit/

29/11/2023

Former KeRRA Official Faces Seizure of Ksh 256Mn Luxe Homes in High-Stakes Graft Showdown!

In a landmark ruling, Justice Esther Maina has ordered Margaret Wanja Muthui, a former employee of the Kenya Rural Roads Authority (KeRRA), to surrender properties worth over Ksh 265 million acquired allegedly through corrupt means. Muthui, who purchased 11 houses in Kileleshwa in 2019, has been dir...

28/11/2023

European Union's investment in Tanzania's sustainable ventures, such as green infrastructure and hydropower projects, aims to foster sustainable growth.

In a concerted effort to bolster sustainable development initiatives, the European Union (EU) Ambassador to Tanzania and the East Africa Community, Christine Grau, has highlighted their dedication to investing in diverse sustainable businesses. Grau emphasized that these investments are geared towar...

28/11/2023

Controversy Surrounds 2023 KCPE Exam Results in Kenya, Sparks Disputes and Legal Action as opposition links KCPE irregularities to government leadership

Opposition leader Raila Odinga has strongly criticized the government following irregularities reported in the recently released 2023 Kenya Certificate of Primary Education (KCPE) examination results. Odinga's remarks come in the wake of widespread claims of irregularities in the KCPE results, trigg...

20/11/2023

World Bank Commits $12 Billion Financial Support for Kenya’s Economic Growth

19/11/2023

Discovering the Unconventional: Urban Cable Cars' Role in City Transit

When thinking of cable cars, images of picturesque mountain landscapes or holiday retreats often come to mind. However, the concept of cable cars is now steering its way into urban transit systems, reshaping how cities address their transportation challenges. While most cities rely on buses, subways...