BUSINESS NEWS

36 Kenyan Fruits and Vegetables Companies Bag Sh235 Million Orders in Virtual Italian Trade Fair
36 Kenyan Fruits and Vegetables Companies Bag Sh235 Million Orders in…
36 Kenyan fruits and vegetable companies are set to rake in $2.1 million (Sh235.22 million) from… read more...
Emirates Adds 10 Weekly Cargo Flights to Nairobi Amid Increased Demand for Kenya's Horticulture Produce
Emirates Adds 10 Weekly Cargo Flights to Nairobi Amid Increased Demand…
Emirates Skycargo has added 10 more weekly flights to and from Nairobi amid increased demand for… read more...
More UK, German Retailers Cut Avocado Supplies by Kenyan Producer Kakuzi
More UK, German Retailers Cut Avocado Supplies by Kenyan Producer Kaku…
Two more giant grocery retailers in Europe have suspended avocado supplies by Kenyan producer,… read more...
Kenya Airways Signs Expanded Codeshare Deal with Delta Airlines
Kenya Airways Signs Expanded Codeshare Deal with Delta Airlines
National carrier Kenya Airways (KQ) has expanded its current codeshare deal with US-based Delta… read more...
World Bank Imposes Sanctions on Kenyan IT Company Techno Brain
World Bank Imposes Sanctions on Kenyan IT Company Techno Brain
The World Bank Group has imposed sanctions on Kenyan IT company, Techno Brain over links to… read more...
UK Giant Supermarket Tesco Suspends Avocados from Kenyan Farm After Claims of Human Rights Abuses
UK Giant Supermarket Tesco Suspends Avocados from Kenyan Farm After Cl…
UK’s retail giant Tesco has suspended the supply of avocados from Kenyan producer Kakuzi over… read more...
 US-Kenya Trade Talks: Trump Administration Warns Kenya Against Manipulating the Shilling
US-Kenya Trade Talks: Trump Administration Warns Kenya Against Manipu…
Manipulation of the shilling against the dollar could threaten the ongoing trade talks between… read more...
Google Announces Sh325 Million Covid-19 Economic Recovery Grant for Kenya
Google Announces Sh325 Million Covid-19 Economic Recovery Grant for Ke…
Kenya is set to benefit from a Covid-19 recovery program by technology giant, Google. The… read more...
Cash-Strapped Kenya Airways Seeks to Return Leased Aircraft Lying Idle
Cash-Strapped Kenya Airways Seeks to Return Leased Aircraft Lying Idle
  Kenya Airways (KQ) has embarked on a plan to return leased aircraft in a move aimed at cutting… read more...
KRA Launches Mobile App to Boost Compliance for Taxpayers
KRA Launches Mobile App to Boost Compliance for Taxpayers
The Kenya Revenue Authority (KRA) has launched a mobile application to ease tax compliance for… read more...
Kenya Asks China for Warehouses in Bid to Boost Exports
Kenya Asks China for Warehouses in Bid to Boost Exports
The government has written to China seeking to be provided with warehouses for Kenyan goods as it… read more...
Kenya Airways Offers 50% Discount on Tickets for Kenyan Healthcare Workers
Kenya Airways Offers 50% Discount on Tickets for Kenyan Healthcare Wor…
Kenya Airways (KQ) has announced a 50 percent discount on flight tickets for frontline Kenyan… read more...
Kenya Airways Sinks into a Further Sh14.3 Billion Half-Year Loss
Kenya Airways Sinks into a Further Sh14.3 Billion Half-Year Loss
Kenya Airways (KQ) has posted a net loss of Sh14.3 billion for the six months ended June, 2020.… read more...
Kenya Airways to Send Home 207 Pilots in Downsizing Bid
Kenya Airways to Send Home 207 Pilots in Downsizing Bid
Kenya Airways (KQ) is set to lay off half of its pilots in the next three years in cost-cutting… read more...
Kenya Lifts Ban on Importation of Second-Hand Clothes and Shoes
Kenya Lifts Ban on Importation of Second-Hand Clothes and Shoes
The government has lifted a ban on importation of second-hand clothes and shoes, locally referred… read more...
Protest over Push to Give US Dairy Farmers Unfettered Access into the Kenyan Market
Protest over Push to Give US Dairy Farmers Unfettered Access into the…
The push to give US dairy farmers unrestricted access into the Kenyan market has attracted… read more...
Iconic 5-Star InterContinental Hotel in Nairobi to be Closed Permanently
Iconic 5-Star InterContinental Hotel in Nairobi to be Closed Permanent…
The iconic Intercontinental Hotel in Nairobi is set to be closed permanently over “operational… read more...
Michael Joseph Named Safaricom Board Chairman
Michael Joseph Named Safaricom Board Chairman
Michael Joseph has been appointed as the new Chairman of the Safaricom Board effective August 1st.… read more...
Trade Negotiations Between Kenya and US Suspended over Covid-19 Fears
Trade Negotiations Between Kenya and US Suspended over Covid-19 Fears
The recently launched trade negotiations between Kenya and the US have been put on hold over Covid-… read more...
No Direct Flights to the US as Kenya Airways Resumes International Operations
No Direct Flights to the US as Kenya Airways Resumes International Ope…
Kenya Airways (KQ) has said it will not operate nonstop flights to the US when it resumes… read more...
Rich Kenyans Deposit Sh45 Billion in Dollars Amid Covid-19 Lockdown
Rich Kenyans Deposit Sh45 Billion in Dollars Amid Covid-19 Lockdown
Wealthy Kenyans deposited a record Sh45.5 billion in dollars between March and May this year,… read more...
Lawyers Move to Court to Block the Proposed Trade Pact Between Kenya and US
Lawyers Move to Court to Block the Proposed Trade Pact Between Kenya a…
Two lawyers have moved to court to challenge the proposed free trade agreement (FTA) between Kenya… read more...
Nigerian Tycoon Acquires Transnational Bank from Moi Allies for Sh1.4 Billion
Nigerian Tycoon Acquires Transnational Bank from Moi Allies for Sh1.4…
Nigeria tycoon Herbert Wigwe has acquired majority shares in Kenyan lender, Transnational Bank.… read more...
Kenyan Airways to Send Home 182 Pilots, 400 Cabin Attendants
Kenyan Airways to Send Home 182 Pilots, 400 Cabin Attendants
Cash-strapped Kenya Airways (KQ) is set to axe 182 pilots and over 400 cabin crew members. The… read more...
UK Topples US, Netherlands to Become 3rd Largest Buyer of Kenyan Products
UK Topples US, Netherlands to Become 3rd Largest Buyer of Kenyan Produ…
The United Kingdom has elbowed the Netherlands and the US to become the third-largest buyer of… read more...
Uhuru Gives Kenya Airways Green Light to Resume Flights
Uhuru Gives Kenya Airways Green Light to Resume Flights
President Uhuru says Kenya Airways (KQ) will resume operations in a few days. Uhuru, who spoke on… read more...
Kenyan-Based US Companies Have Employed 6,000 Kenyans in 10 Years, Data Shows
Kenyan-Based US Companies Have Employed 6,000 Kenyans in 10 Years, Dat…
Kenyan-based American companies have created employment opportunities to 6,000 Kenyans in the last… read more...
Kenya Risks Trade War with the US over Plan to Tax Tech Companies
Kenya Risks Trade War with the US over Plan to Tax Tech Companies
The government’s plan to slap digital companies with taxes could spark a trade war between Kenya… read more...
Emirates to Lay Off Kenyan Workers in Restructuring Plan
Emirates to Lay Off Kenyan Workers in Restructuring Plan
An unknown number of Kenyans working for Dubai-based airline, Emirates are among hundreds of… read more...
Kenya Becomes Third-Largest Economy is Sub-Saharan Africa
Kenya Becomes Third-Largest Economy is Sub-Saharan Africa
Kenya is now the third-largest economy in sub-Saharan Africa behind Nigeria and South Africa in… read more...