BUSINESS NEWS

Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of County Cash
Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of C…
Nairobi County has for a fifth year in a row received the lion's share of the Sh314 billion… read more...
Nairobi Governor Mike Sonko to Fly Out 300 Hawkers, Boda-Boda Operators for a Bench-marking Tour Abroad
Nairobi Governor Mike Sonko to Fly Out 300 Hawkers, Boda-Boda Operator…
The Nairobi County Government has announced plans to fly out 300 hawkers, boda boda and matatu… read more...
We've Learnt Our Lessons: President Uhuru Endorses Plans to End Cheap Loans for Kenyans
We've Learnt Our Lessons: President Uhuru Endorses Plans to End C…
Plans to review the interest rates cap law has received a backing from President Kenyatta, who… read more...
President Uhuru Rings the Bell to Open Shares Trading at London Stock Exchange
President Uhuru Rings the Bell to Open Shares Trading at London Stock…
President Uhuru was on Tuesday privileged to open trading at the London Stock Exchange by ringing… read more...
Best Companies to Work for in Kenya
Best Companies to Work for in Kenya
Safaricom has been named as the best company to work for in Kenya in a new report compiled by… read more...
Safaricom CEO Bob Collymore Eyes Return after Improved Health Status
Safaricom CEO Bob Collymore Eyes Return after Improved Health Status
Safaricom Chief Executive Officer Bob Collymore has given an update about his health status. In a… read more...
Court Rules that Muratina Isn't an Illicit Liquor
Court Rules that Muratina Isn't an Illicit Liquor
The court has ruled that brewing and consuming muratina during traditional ceremonies is not… read more...
Kenya Edges Closer to Direct Flights to the US
Kenya Edges Closer to Direct Flights to the US
Kenya Airways (KQ) is edging closer to nonstop flights to the United States following recent… read more...
Outrage as Parking Fees at JKIA are Hiked
Outrage as Parking Fees at JKIA are Hiked
Parking fees for motorists dropping and picking up travellers at the Jomo Kenyatta International… read more...
Facebook Deepens User Data Mining in Kenya
Facebook Deepens User Data Mining in Kenya
It has now emerged that Facebook is collecting additional citizen data beyond its users using the… read more...
Safaricom Signs Deal Allowing Direct Mpesa-PayPal Cash Transactions
Safaricom Signs Deal Allowing Direct Mpesa-PayPal Cash Transactions
Safaricom has signed a deal with global online cash transfer platform PayPal. The partnership paves… read more...
Gov't Puts Ekeza Sacco Under Liquidation
Gov't Puts Ekeza Sacco Under Liquidation
In a bid to save thousands of Kenyans from losing billions of money invested in Ekeza Sacco, the… read more...
Africa’s Richest Billionaire Aliko Dangote Says Corruption Stopped Him from Investing Sh100 Billion in Kenya
Africa’s Richest Billionaire Aliko Dangote Says Corruption Stopped Him…
Africa’s richest man Aliko Dangote has revealed why he decided to abandon plans to expand his vast… read more...
Gov't to Deploy 50 Additional NYS Buses to Ferry Nairobi Commuters During Rush Hours
Gov't to Deploy 50 Additional NYS Buses to Ferry Nairobi Commuter…
The government has announced it will deploy more National Youth Service (NYS) buses in the ongoing… read more...
Stima Sacco Announces 14 Percent Dividend Payout, 12 Percent Rebate after Growth in Profits
Stima Sacco Announces 14 Percent Dividend Payout, 12 Percent Rebate af…
Members of the Stima Sacco are set to receive a 14 per cent dividend and a 12 per cent rebate on… read more...
Kenyan Businessman Charged with Tax Evasion Amounting to Sh15 Billion
Kenyan Businessman Charged with Tax Evasion Amounting to Sh15 Billion
Businessman Keval Kumar was on Thursday arraigned before Makadara Chief Magistrates Court where he… read more...
Ban on Charcoal Spoiling the Party for Nyama Choma Lovers in Kenya
Ban on Charcoal Spoiling the Party for Nyama Choma Lovers in Kenya
Kenyan traders have began to feel the pinch following the recent announcement of one month ban on… read more...
Nairobi Residents Loot Sh200 Million of Nakumatt's Stock after Dramatic Eviction
Nairobi Residents Loot Sh200 Million of Nakumatt's Stock after Dr…
Struggling Kenyan retail chain Nakumatt is counting losses of up to Sh200 million after its stock… read more...
Sonko's Administration Nets a One-Day Record Sh120 Million in Revenue on Thursday
Sonko's Administration Nets a One-Day Record Sh120 Million in Rev…
The Nairobi County Government on Thursday  netted a record daily revenue of Sh120 million through… read more...
Russian Who Swindled Millions of Shillings from Kenyans Passes Away
Russian Who Swindled Millions of Shillings from Kenyans Passes Away
Sergey Mavrodi, a convicted Russian fraudster who operated a web-based pyramid scheme that swindled… read more...
Kenya Airways to Launch a Special Economy Class for its Customers
Kenya Airways to Launch a Special Economy Class for its Customers
Kenya Airways (KQ) has revealed plans of launching a special Economy class for clients flying on… read more...
Safaricom Announces Disruption of Key Services Including International Calls
Safaricom Announces Disruption of Key Services Including International…
Kenya's giant mobile service provider Safaricom has announced a major disruption of its key… read more...
10 Richest, 10 Poorest Counties in Kenya
10 Richest, 10 Poorest Counties in Kenya
A new report released by the Kenya National Bureau of Statistics (KNBS) has ranked the richest and… read more...
Governor Mike Sonko in Fresh Bid to Ban Matatus from Nairobi CBD
Governor Mike Sonko in Fresh Bid to Ban Matatus from Nairobi CBD
The Nairobi County Government is set to launch a fresh bid to ban public service vehicles (PSVs)… read more...
Kenya Airways Recalls Leased Dreamliner Aircraft to be Used for Maiden US Nonstop Flights
Kenya Airways Recalls Leased Dreamliner Aircraft to be Used for Maiden…
Kenya Airways (KQ) continues to make preparations for the launch of the much anticipated direct… read more...
Retired President Mwai Kibaki Regains Control of Multi-Million Shilling Company
Retired President Mwai Kibaki Regains Control of Multi-Million Shillin…
Retired President Mwai Kibaki has regained the control of a multi-million shilling company… read more...
Uber Seeks Government License to Test Flying Taxis in Kenya
Uber Seeks Government License to Test Flying Taxis in Kenya
US-based technology firms Facebook and Uber are seeking to test drone activities in Kenya following… read more...
Kenya Airways Registers Sh6.1 Billion Loss
Kenya Airways Registers Sh6.1 Billion Loss
Kenya Airways has announced a Sh6.1 billion net loss for the nine month period running to December… read more...
US Firm Lobbies for Sh300 Billion Nairobi-Mombasa Expressway Contract
US Firm Lobbies for Sh300 Billion Nairobi-Mombasa Expressway Contract
US construction company Bechtel is eyeing Sh300 billion contract to build an expressway between… read more...
Kenya Tourism Board Officials Conduct Roadshow in US, Canada to Sell Kenya as a Tourist Destination
Kenya Tourism Board Officials Conduct Roadshow in US, Canada to Sell K…
Kenya Tourism Board (KTB) officials have conducted a series of visits to different cities in the… read more...