BUSINESS NEWS

Kenya Airways Signs Interline Pact with South Africa's Airlink
Kenya Airways Signs Interline Pact with South Africa's Airlink
Kenya Airways (KQ) has signed an interline agreement with South Africa’s regional airline Airlink.… read more...
Nairobi Hospital Fires over 200 Workers After Graft Audit
Nairobi Hospital Fires over 200 Workers After Graft Audit
The Nairobi Hospital has laid off over 200 workers as the facility moved to cut expenditure and… read more...
Former Nakumatt CEO Atul Shah Loses Another Prime Property to Auctioneers
Former Nakumatt CEO Atul Shah Loses Another Prime Property to Auctione…
The court of appeal has declined to reverse the auction of a property belonging to Atul Shah, the… read more...
Kenya Airways Partners with UK Company to Launch Drone Operations in Kenya
Kenya Airways Partners with UK Company to Launch Drone Operations in K…
Kenya Airways (KQ) is set to launch drone operations in the country as part of its plan to… read more...
Kenya's Population of Billionaires Drops to 330, 4th Highest in Africa
Kenya's Population of Billionaires Drops to 330, 4th Highest in A…
Kenya has a total of 330 individuals with a net worth of at least $10 million (Sh1.08 billion),… read more...
Muguku Family Denies Reports of Planned Sale of Waterfront Karen Shopping Mall for Sh20 Billion
Muguku Family Denies Reports of Planned Sale of Waterfront Karen Shopp…
David Muguku, the managing director of The Waterfront Mall in Karen area has refuted reports that… read more...
Safaricom Submits Bid for Ethiopia Telecom License
Safaricom Submits Bid for Ethiopia Telecom License
Safaricom has formally submitted a bid for a telecommunication license to operate in Ethiopia. The… read more...
Bobi Wine Ordered to Pay $93,000 Tax for Bulletproof Car Acquired from Kenyan Businessman
Bobi Wine Ordered to Pay $93,000 Tax for Bulletproof Car Acquired from…
Former Ugandan presidential aspirant Bobi Wine has been ordered to pay USh337 million ($93,000) tax… read more...
Kenya Airways Signs Partnership Deal with Congo Airways
Kenya Airways Signs Partnership Deal with Congo Airways
Kenya Airways (KQ) and Congo Airways have signed a two-year partnership agreement in areas of… read more...
US Decries Locking Out of American Companies from Government Tenders in Kenya
US Decries Locking Out of American Companies from Government Tenders i…
The US has accused corrupt Kenyan public officials of locking out American companies from… read more...
Boost for Kenya’s Tourism as Plane Carrying 189 Foreign Tourists Lands in Mombasa
Boost for Kenya’s Tourism as Plane Carrying 189 Foreign Tourists Lands…
Kenya’s tourism sector received a boost after a plane carrying nearly 200 foreign tourists landed… read more...
Kenya Set to Auction Lamu Oil Blocks within One Year
Kenya Set to Auction Lamu Oil Blocks within One Year
Kenya has revealed plans to auction new oil and gas exploration blocks in its Indian Ocean… read more...
Kenya Airways Suspends Flights to the UK Until Further Notice
Kenya Airways Suspends Flights to the UK Until Further Notice
Kenya Airways (KQ) will suspend passenger flights to the United Kingdom effective April 9th until… read more...
KRA Surpasses Revenue Collection Target for Fourth Consecutive Month
KRA Surpasses Revenue Collection Target for Fourth Consecutive Month
The Kenya Revenue Authority (KRA) has exceeded its monthly collection target for the fourth… read more...
Cash-Strapped Kenya Airways Seeks 54.87 Billion Shillings Bailout from Gov’t
Cash-Strapped Kenya Airways Seeks 54.87 Billion Shillings Bailout from…
Kenya Airways (KQ) is seeking a $500 million (Sh54.87 billion) bailout from the government to stay… read more...
Canadian Company Suspended from US Stock Trading over Sh139 Billion 'Secret' Loan Deal with Kenya
Canadian Company Suspended from US Stock Trading over Sh139 Billion…
A Canadian company that allegedly signed a Sh139.5 billion 'secret' loan deal with Kenya has been… read more...
UN Adds Kenya Airways to List of COVID-19 Vaccine Distributors
UN Adds Kenya Airways to List of COVID-19 Vaccine Distributors
The United Nations (UN) has added Kenya Airways (KQ) to the list of airlines that will ferry COVID-… read more...
Pastor Paul Kuria On How He Makes Millions from Dog Breeding Business
Pastor Paul Kuria On How He Makes Millions from Dog Breeding Business
Kenyan preacher Pastor Paul Kuria of the Home of Glory Joy Ministry says he runs a dog breeding… read more...
Kenyan Startup Kidato Bags $125,000 Seed Funding After Being Accepted into US-Based Accelerator Y Combinator
Kenyan Startup Kidato Bags $125,000 Seed Funding After Being Accepted…
Kidato, a Kenyan ed-tech startup, has been accepted into Silicon Valley-based accelerator, Y… read more...
Kenya Railways Begins Takeover of SGR Operations from Chinese Company
Kenya Railways Begins Takeover of SGR Operations from Chinese Company
The Kenya Railways Corporation (KRC) has taken over some Standard Gauge Railways (SGR) operations… read more...
Wealth Report: 475,000 Kenyans Are Worth $20,000 and Above
Wealth Report: 475,000 Kenyans Are Worth $20,000 and Above
A recent wealth report by Knight Frank indicates that only 475,000 Kenyans are worth $20,000 (Sh2.2… read more...
Biden Team to Resume Kenya-US Trade Negotiations After Four-Month Hiatus
Biden Team to Resume Kenya-US Trade Negotiations After Four-Month Hiat…
Kenya and the US are expected to resume negotiations for a free trade agreement (FTA) after a four-… read more...
Kenyans Express Their Frustration with PayPal
Kenyans Express Their Frustration with PayPal
Many Kenyans who work online are expressing their frustration with popular US online payments… read more...
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...