BUSINESS NEWS

Uber Drivers in Kenya Decry Huge Taxes
Uber Drivers in Kenya Decry Huge Taxes
Uber drivers in Kenya are up in arms over what they termed as harsh working environment and huge… read more...
Kenya Airways Misses Out on UN COVID-19 Vaccines Distribution Deal as Ethiopian is Picked
Kenya Airways Misses Out on UN COVID-19 Vaccines Distribution Deal as…
16 airlines have signed agreements with the United Nations (UN) for the distribution of COVID-19… read more...
Kenya to Receive Sh262 Billion Loan from IMF
Kenya to Receive Sh262 Billion Loan from IMF
Kenya is set to receive a loan of $2.4 billion (Sh262.68 billion) from the International Monetary… read more...
Kenya Airways Cuts US Direct Flights Due to Low Demand
Kenya Airways Cuts US Direct Flights Due to Low Demand
Kenya Airways (KQ) has reduced the number of direct flights to the US to once a week, citing low… read more...
Biden Ally Throws Support Behind Proposed US-Kenya Trade Pact
Biden Ally Throws Support Behind Proposed US-Kenya Trade Pact
A close ally of US President Joe Biden has expressed support for the proposed free trade agreement… read more...
US Lobby Roots for Sealing of US-Kenya Trade Pact
US Lobby Roots for Sealing of US-Kenya Trade Pact
The US Chamber of Commerce has urged President Joe Biden’s administration to fast-track the ongoing… read more...
Kenya’s KCB Group Seeks Approval to Acquire 2 Banks in Rwanda and Tanzania for Sh4.4 Billion
Kenya’s KCB Group Seeks Approval to Acquire 2 Banks in Rwanda and Tanz…
Kenya’s KCB Group has filed a formal application seeking to acquire two banks in Tanzania and… read more...
Kenya Airways Suspends Flights to France, and the Netherlands
Kenya Airways Suspends Flights to France, and the Netherlands
Kenya Airways (KQ) has temporarily suspended flights to some of its European routes, citing new… read more...
Kenya Airways Employees Face Fresh Pay Cuts of Up to 30 Percent
Kenya Airways Employees Face Fresh Pay Cuts of Up to 30 Percent
Kenya Airways (KQ) has announced a fresh round of pay cuts affecting employees earning Sh45,000 and… read more...
Ray of Hope as Chartered Plane Carrying 175 Foreign Tourists Lands in Kenya
Ray of Hope as Chartered Plane Carrying 175 Foreign Tourists Lands in…
The Kenyan tourism sector, which is reeling from the effects of the COVID-19 pandemic, over the… read more...
Equity Bank Makes History After Crossing Sh1 Trillion Mark in Value
Equity Bank Makes History After Crossing Sh1 Trillion Mark in Value
Kenya’s Equity Group has made history by becoming the first bank in Eastern and Central Africa to… read more...
Safaricom Reduces MPesa Transaction Charges By As Much As 45 Percent
Safaricom Reduces MPesa Transaction Charges By As Much As 45 Percent
Safaricom has announced the reduction of MPesa transaction charges by as much as 45 percent.  The… read more...
Kenya Airways, Air France KLM Agree to Terminate Africa-Europe Partnership
Kenya Airways, Air France KLM Agree to Terminate Africa-Europe Partner…
Kenya Airways (KQ) and Air France KLM Group have agreed to mutually terminate their Africa-Europe… read more...
Fare for New Nairobi CBD-JKIA Express Train Service Slashed by Half to Sh250
Fare for New Nairobi CBD-JKIA Express Train Service Slashed by Half to…
Kenya Railways has slashed by half the fare of the new express rail service to Jomo Kenyatta… read more...
Kenyan Car Importers Given Until December 31st to Clear Vehicles Registered in 2013
Kenyan Car Importers Given Until December 31st to Clear Vehicles Regis…
The government has given car dealers until December 31st, 2020, to import vehicles registered in… read more...
Kenya Inks Post-Brexit Trade Pact with the UK
Kenya Inks Post-Brexit Trade Pact with the UK
Kenya and the United Kingdom on Tuesday finalized the signing of a strategic Economic Partnership… read more...
Kenya Airways Customers to Enjoy Discounted Prices as Airlines Resumes US Direct Flights
Kenya Airways Customers to Enjoy Discounted Prices as Airlines Resumes…
Kenya Airways (KQ) has announced it will offer discounts on ticket prices as it resumes directs… read more...
Kenya Airways to Resume Direct Flights to the US After 8-Month Break
Kenya Airways to Resume Direct Flights to the US After 8-Month Break
Kenya Airways (KQ) is this weekend scheduled to resume direct flights to the US after an eight-… read more...
Court Orders Closure of DP Ruto-Linked Insurance Company over Sh10 Million Debt
Court Orders Closure of DP Ruto-Linked Insurance Company over Sh10 Mil…
The High Court has ordered the dissolution of Africa Merchant Assurance Company (Amaco), an… read more...
Kenya Power Laments as Costumers Switch to Solar Energy
Kenya Power Laments as Costumers Switch to Solar Energy
Kenya Power has raised alarm over the growing number of customers shifting to solar energy. The… read more...
Gov't Clears SportPesa to Resume Operations in Kenya Under New Company
Gov't Clears SportPesa to Resume Operations in Kenya Under New Co…
The Betting Control and Licensing Board (BCLB) has cleared SportPesa to resume operations in Kenya… read more...
Kenya's Equity Group to Build Skyscraper in Kigali, Rwanda
Kenya's Equity Group to Build Skyscraper in Kigali, Rwanda
Equity Bank CEO James Mwangi is set to build a skyscraper in Kigali, Rwanda’s capital city. The… read more...
Gov’t Approves Mass Production of Sh450,000 Kenyan-Made "BJ50" Car
Gov’t Approves Mass Production of Sh450,000 Kenyan-Made "BJ50…
The Kenya Bureau of Standards (KEBS) has approved the mass production of a Kenyan-made car dubbed… read more...
Moi Family Sells Majority Stake in Siginon Aviation to a Turkish Company
Moi Family Sells Majority Stake in Siginon Aviation to a Turkish Compa…
The family of the late former president Daniel Arap Moi has sold majority shares in Siginon… read more...
Kenya Named Africa's Leading Tourist Destination by World Travel Awards
Kenya Named Africa's Leading Tourist Destination by World Travel…
The World Travel Awards (WTA) has named Kenya as 2020 Africa’s leading tourist destination. The… read more...
Uhuru Orders Increase of Tax Whistleblower Reward to Sh5 Million
Uhuru Orders Increase of Tax Whistleblower Reward to Sh5 Million
The Kenya Revenue Authority (KRA) has moved to curb cases of tax evasion by rolling out a web-based… read more...
SportPesa Resumes Operations in Kenya 15 Months After License was Revoked
SportPesa Resumes Operations in Kenya 15 Months After License was Revo…
Giant gaming company, SportPesa has resumed operations in Kenya more than a year after its license… read more...
Kenya Airways to Pay Pilots Per Flight as Financial Woes Deepen
Kenya Airways to Pay Pilots Per Flight as Financial Woes Deepen
Kenya Airways (KQ) is seeking to introduce a new pay structure for its pilots in a move aimed at… read more...
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...