BUSINESS NEWS

Kenya Railways Embroiled in Battle for Control of SGR Billions with Chinese Operator
Kenya Railways Embroiled in Battle for Control of SGR Billions with Ch…
Kenya Railways Corporation (KRC) is embroiled in a battle for control of Standard Gauge Railway (… read more...
SportPesa Protests Government’s Gagging
SportPesa Protests Government’s Gagging
Giant Kenyan betting company SportPesa has protested the latest move by the government that has… read more...
Gov't Gives Kenyan Gamblers 48 Hours to Withdraw Funds from Betting Companies' Wallets
Gov't Gives Kenyan Gamblers 48 Hours to Withdraw Funds from Betti…
The government has given millions of sports’ gamblers in Kenya 48 hours to withdraw funds deposited… read more...
Late Kenyan Billionaire Njenga Karume’s Jacaranda Hotel Put on Auction over Sh257 Million Debt
Late Kenyan Billionaire Njenga Karume’s Jacaranda Hotel Put on Auction…
The late Kenyan billionaire Njenga Karume’s Jacaranda Hotel in Nairobi's Westlands area is set to… read more...
US Lender in Court Battle with Kenyan Sacco over Sh36 Million Loan
US Lender in Court Battle with Kenyan Sacco over Sh36 Million Loan
A US investment company filed a lawsuit against a Kenyan farmers' co-operative society over failure… read more...
US Coffeehouse Chain Starbucks Speaks Out on Opening Shop in Nairobi
US Coffeehouse Chain Starbucks Speaks Out on Opening Shop in Nairobi
US coffeehouse chain Starbucks has refuted reports appearing in a section of local media claiming… read more...
Michael Joseph Defends His Appointment as Safaricom Interim CEO
Michael Joseph Defends His Appointment as Safaricom Interim CEO
Safaricom interim CEO Michael Joseph has defended the decision by the company's board to appoint… read more...
Safaricom to Close All Shops Countrywide in Honor of Late CEO Bob Collymore
Safaricom to Close All Shops Countrywide in Honor of Late CEO Bob Coll…
Safaricom has announced that all shops across the country will close for four hours on Thursday in… read more...
Martha Karua Faults Appointment of Michael Joseph as Safaricom Interim CEO
Martha Karua Faults Appointment of Michael Joseph as Safaricom Interim…
Kenyan politician Martha Karua has criticized the appointment of Michael Joseph as Safaricom's… read more...
Safaricom Apologizes after Erroneously Sending ‘Threatening’ Message to Subscribers
Safaricom Apologizes after Erroneously Sending ‘Threatening’ Message t…
Safaricom has apologized to its subscribers after erroneously sending a threatening message on… read more...
1.3 Million Kenyans Risk Huge Fines for Failing to File Tax Returns before Sunday Deadline
1.3 Million Kenyans Risk Huge Fines for Failing to File Tax Returns be…
More than one million Kenyans are yet to file their tax returns with Kenya Revenue Authority (KRA)… read more...
Kenyan Businessman Files Sh115 Trillion Lawsuit against Safaricom
Kenyan Businessman Files Sh115 Trillion Lawsuit against Safaricom
Kenyan businessman Benedict Kabugi Ndung’u has filed a lawsuit against telecommunications company… read more...
 Username Investments CEO Receives the Prestigious 2019 African Business Personality Award
Username Investments CEO Receives the Prestigious 2019 African Busine…
Reuben Kimani, CEO, Username Investment Limited is the 2019 recipient of the African Business… read more...
We Are Only Accepting Old Kenyan Currency, US Embassy in Nairobi Tells Visa Applicants
We Are Only Accepting Old Kenyan Currency, US Embassy in Nairobi Tells…
The United States Embassy in Nairobi has told visa applicants that the Embassy is only accepting… read more...
Ethiopian Airlines Launches Three Weekly Flights to New York's JFK Airport
Ethiopian Airlines Launches Three Weekly Flights to New York's JF…
Ethiopian Airlines has launched three weekly flights to New York's John F Kennedy (JFK)… read more...
Billionaire Chris Kirubi to Pocket Sh230 Million in Dividends from Centum
Billionaire Chris Kirubi to Pocket Sh230 Million in Dividends from Cen…
Kenyan billionaire businessman Chris Kirubi is set to receive $2.3 million (about Sh230 million) in… read more...
Central Bank Defends Presence of Kenyatta's Image on New Banknotes
Central Bank Defends Presence of Kenyatta's Image on New Banknote…
The Central Bank of Kenya (CBK) has defended the presence of Jomo Kenyatta's image on the new… read more...
12 Luxury Vehicles Stolen from the UK Seized in Kenya by KRA Officers
12 Luxury Vehicles Stolen from the UK Seized in Kenya by KRA Officers
12 luxury vehicles smuggled into Kenya from the United Kingdom have been impounded at the Mombasa… read more...
Former Kiambu Governor Kabogo to Sue Safaricom, Telcos over Internet Data Expiry
Former Kiambu Governor Kabogo to Sue Safaricom, Telcos over Internet D…
Former Kiambu Governor William Kabogo is set to sue Safaricom and other Kenyan telecommunications… read more...
Burger King to Spend Sh270 Million to Open New Branches in Kenya
Burger King to Spend Sh270 Million to Open New Branches in Kenya
United States-based fast food chain Burger King has revealed plans to spend more than Sh270 million… read more...
Gov't to Acquire 32 Nairobi BRT Buses from Local Manufacturers
Gov't to Acquire 32 Nairobi BRT Buses from Local Manufacturers
Kenya's Ministry of Transport has reduced the number of high-capacity buses it was set to import… read more...
Nairobi Named Africa's Leading Business Travel Destination
Nairobi Named Africa's Leading Business Travel Destination
Nairobi has been named Africa’s leading business travel destination at this year’s 26th Annual… read more...
US Fast-Food Chain Burger King Opens New Outlet in Nairobi
US Fast-Food Chain Burger King Opens New Outlet in Nairobi
United States fast-food chain Burger King has launched its fifth outlet in the Kenyan capital,… read more...
KQ Sheds Light on Why Passengers are Prevented from Switching Seats on Half-Empty Flights
KQ Sheds Light on Why Passengers are Prevented from Switching Seats on…
Kenya Airways (KQ) has shed light on why passengers aboard a half-empty flight are not allowed to… read more...
Kenya Secures Sh75 Billion Loan from World Bank
Kenya Secures Sh75 Billion Loan from World Bank
The World Bank has approved Kenya's request for a loan of Sh75 billion to support the 2019/2020… read more...
Kenya Requests Sh75 Billion Loan from World Bank
Kenya Requests Sh75 Billion Loan from World Bank
The Kenyan government has written to the World Bank requesting for a new loan of Sh75 billion. The… read more...
Sebastian Mikosz to Resign as Kenya Airways CEO
Sebastian Mikosz to Resign as Kenya Airways CEO
Kenya Airways CEO Sebastian Mikosz is set to step down from his position at the end of this year.… read more...
Safaricom Tables Sh1.3 Billion Bid to Acquire Mpesa Rights from British Company Vodafone
Safaricom Tables Sh1.3 Billion Bid to Acquire Mpesa Rights from Britis…
Safaricom and its parent company, Vodacom have revealed plans to acquire the intellectual property… read more...
CEO Bob Collymore to Extend His Stay at Safaricom
CEO Bob Collymore to Extend His Stay at Safaricom
Safaricom CEO Bob Collymore has announced he will extend his stay at the giant telecommunications… read more...
Google Cuts Business Ties with Phone Maker Huawei as US-China Trade War Heightens
Google Cuts Business Ties with Phone Maker Huawei as US-China Trade Wa…
Alphabet Inc’s Google has cut business ties with Chinese phone manufacturer Huawei in what could be… read more...