BUSINESS NEWS

Kenyatta Family Makes Sh1.4 Billion Bid to Acquire Jamii Bora Bank
Kenyatta Family Makes Sh1.4 Billion Bid to Acquire Jamii Bora Bank
Commercial Bank of Africa (CBA) has tabled a bid to acquire Jamii Bora Bank in a move that could… read more...
Safaricom Launches Overdraft Facility for Mpesa Users
Safaricom Launches Overdraft Facility for Mpesa Users
Kenyan giant telecommunications firm, Safaricom has launched an overdraft service for its Mpesa… read more...
SportPesa to Expand Its Operations to Brazil
SportPesa to Expand Its Operations to Brazil
Kenyan giant betting company SportPesa has revealed plans to expand its operations to South America… read more...
Kenya Airways Submits Formal Bid to Take Over JKIA Operations
Kenya Airways Submits Formal Bid to Take Over JKIA Operations
Kenya Airways has submitted a formal bid to the Kenya Airports Authority (KAA) seeking approval to… read more...
Kenyans Transact a Record Sh2 Trillion Through Mobile Cash Platforms
Kenyans Transact a Record Sh2 Trillion Through Mobile Cash Platforms
Kenyans transacted a record Sh2 trillion through mobile money transfer platforms in a period of… read more...
Lab Tests Find Chinese Fish in Kenyan Market Contain Toxic Metals Including Mercury
Lab Tests Find Chinese Fish in Kenyan Market Contain Toxic Metals Incl…
Chinese fish being sold in the Kenyan market have been found to contain toxic compounds that are… read more...
Nakumatt Re-opens Mega Branch on Nairobi's Uhuru Highway
Nakumatt Re-opens Mega Branch on Nairobi's Uhuru Highway
Kenyan retail chain, Nakumatt has announced re-opening of Nakumatt Mega branch on Nairobi's Uhuru… read more...
Nema to Shutdown Nairobi's Famous Kiamaiko Slaughterhouse
Nema to Shutdown Nairobi's Famous Kiamaiko Slaughterhouse
The National Environmental Management Authority (Nema) has issued a notice for the closure of… read more...
Amazon Allows Online Shoppers to Use Kenyan Shillings to Pay for Items
Amazon Allows Online Shoppers to Use Kenyan Shillings to Pay for Items…
Kenyan online shoppers can now pay for products purchased from Amazon using the Kenyan shilling,… read more...
 President Kenyatta Launches Kenya's New-Look Currency Coins
President Kenyatta Launches Kenya's New-Look Currency Coins
The Central Bank of Kenya (CBK) on Friday unveiled Kenya's new-look coins that conform to 2010… read more...
Kenyatta Family to Co-Own Kenya's Third Largest Bank in Proposed CBA-NIC Bank Merger
Kenyatta Family to Co-Own Kenya's Third Largest Bank in Proposed…
Two rich Kenyan families, the Kenyattas and the Ndegwas are set to form Kenya's third largest bank… read more...
Gov't Announces Plans to Remove 14-Seater Matatus from Kenyan Roads
Gov't Announces Plans to Remove 14-Seater Matatus from Kenyan Roa…
Transport and Infrastructure Cabinet Secretary James Macharia has announced plans by the government… read more...
Kenya Airways to Allow Travellers Reserve their Preferred Seats in Economy Class
Kenya Airways to Allow Travellers Reserve their Preferred Seats in Eco…
Passengers flying Kenya Airways' flights are now allowed to choose their preferred seats in Economy… read more...
12 Kenyan Enterprises Get Sh200 Million Google Funding
12 Kenyan Enterprises Get Sh200 Million Google Funding
12 Kenyan non-profit enterprises are set to receive Sh200 million grant funding from Google. The 12… read more...
CBK Dismisses IMF’s Allegations of Overvaluing Kenya Shilling
CBK Dismisses IMF’s Allegations of Overvaluing Kenya Shilling
The Central Bank of Kenya (CBK) has refuted reports by the International Monetary Fund (IMF)… read more...
Deputy President William Ruto's Sh600 Million Beach Hotel in Mombasa Gets Clearance
Deputy President William Ruto's Sh600 Million Beach Hotel in Momb…
The National Environment Management Authority (Nema) has cleared Deputy President William Ruto's… read more...
Kenya at High Risk of Losing Key Assets to China over Debt, Global Ratings Firm Moody's Warns
Kenya at High Risk of Losing Key Assets to China over Debt, Global Rat…
Moody’s Investor Service has warned that Kenya could lose some of its key assets to China over… read more...
Kenya Purchased Military Weapons worth Sh14.6 Billion from the US in 2017
Kenya Purchased Military Weapons worth Sh14.6 Billion from the US in 2…
The United States sold military weapons worth Sh14.6 billion to Kenya in 2017. Latest data from the… read more...
Gov't Spends Sh1.5 Million Daily to Maintain Thika Superhighway
Gov't Spends Sh1.5 Million Daily to Maintain Thika Superhighway
The government spends more than Sh1.5 million daily to maintain Thika Superhighway, records from… read more...
Sh2.7 Billion Per Kilometer Mombasa Bypass Named Kenya's Most Expensive Road Ever
Sh2.7 Billion Per Kilometer Mombasa Bypass Named Kenya's Most Exp…
A new report compiled by the Kenya National Highways Authority (KeNHA) has named some of the most… read more...
Uber Launches Boda-Boda Service for Commuters in Nairobi
Uber Launches Boda-Boda Service for Commuters in Nairobi
Uber has launched a Boda-Boda service that will allow commuters in Nairobi to hail motorbikes using… read more...
Bishop Margret Wanjiru's Toyota Prado among 568 Vehicles Earmarked for Auction by KRA
Bishop Margret Wanjiru's Toyota Prado among 568 Vehicles Earmarke…
The Kenya Revenue Authority (KRA) says it will auction 568 cars that have overstayed at the port of… read more...
Construction of Sh59 Billion Overpass from JKIA Set to Begin
Construction of Sh59 Billion Overpass from JKIA Set to Begin
Transport and Infrastructure Cabinet Secretary James Macharia says the planned construction of an… read more...
Moi International Airport to Undergo Sh7 Billion Facelift
Moi International Airport to Undergo Sh7 Billion Facelift
Moi International Airport (MIA) in Mombasa is set to undergo a major upgrade at a cost of Sh7… read more...
KRA Misses Tax Collection Target by Sh60 Billion
KRA Misses Tax Collection Target by Sh60 Billion
The Kenya Revenue Authority (KRA) has once again failed to meet its tax collection target in the… read more...
Nairobi Ranked Africa's Most Expensive City to Live in
Nairobi Ranked Africa's Most Expensive City to Live in
A newly released survey report has ranked Nairobi as the most expensive city to live in the… read more...
Uber Mulls Launching Minibus Service in Nairobi
Uber Mulls Launching Minibus Service in Nairobi
Uber is planning to launch minibus service targeting congested estates in Nairobi. Uber’s East… read more...
Kenya Airways Reduces Number of Direct Flights on the Newly-Launched Nairobi-New York Route
Kenya Airways Reduces Number of Direct Flights on the Newly-Launched N…
Kenya Airways has reportedly reduced the number of flights flying directly on the newly launched… read more...
Printing of Kenya's New-Look Currency to Cost Taxpayers Sh15 Billion
Printing of Kenya's New-Look Currency to Cost Taxpayers Sh15 Bill…
The cost of printing new-look Kenya currency has gone up by 50 percent to Sh15 billion from the… read more...
Telkom Kenya Names Mugo Kibati as Its New CEO
Telkom Kenya Names Mugo Kibati as Its New CEO
Telkom Kenya has appointed Mugo Kibati as its new Chief Executive Officer (CEO). Kibati takes over… read more...
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