BUSINESS NEWS

 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...
Kenya Bans Importation of Used Car Spare Parts
Kenya Bans Importation of Used Car Spare Parts
The Kenya Bureau of Standards (Kebs) has banned the importation of used car spare parts into the… read more...
Windows, Old Android Smartphone Owners will No Longer Access WhatsApp
Windows, Old Android Smartphone Owners will No Longer Access WhatsApp
Individuals using smartphones running on Windows operating systems will not be able to access the… read more...
Kenya Secures Third Sh210 Billion Eurobond After Successful Roadshow in the US, UK
Kenya Secures Third Sh210 Billion Eurobond After Successful Roadshow i…
Kenya has issued a new Eurobond worth Sh210 billion ($2.1 billion), the country's third in a period… read more...
South Africa Leapfrogs the US to Become Kenya's Second Largest Foreign Investor
South Africa Leapfrogs the US to Become Kenya's Second Largest Fo…
South Africa has overtaken the United States to become Kenya's second largest foreign investor.… read more...
Central Bank of Kenya Accused of Overvaluing Kenya Shilling by 30 Percent
Central Bank of Kenya Accused of Overvaluing Kenya Shilling by 30 Perc…
Central Bank of Kenya (CBK) has been accused of manipulating the shilling and overvaluing it by up… read more...
Safaricom Posts a Record Sh63.4 Billion Profit Buoyed by Mpesa Earnings
Safaricom Posts a Record Sh63.4 Billion Profit Buoyed by Mpesa Earning…
Kenya's giant telecommunications company Safaricom has announced a record profit of Sh63.4 billion… read more...
Safaricom Speaks Out on CEO Bob Collymore's Departure
Safaricom Speaks Out on CEO Bob Collymore's Departure
Safaricom has appeared to confirm reports of CEO Bob Collymore's departure from the company. On… read more...
Kenya Airways Announces Sh7.6 Billion Loss
Kenya Airways Announces Sh7.6 Billion Loss
National airline Kenya Airways has announced a net loss of Sh7.6 billion for the year ending… read more...
Safaricom CEO Bob Collymore to Exit the Company After 9-Year Reign
Safaricom CEO Bob Collymore to Exit the Company After 9-Year Reign
Safaricom CEO Bob Collymore is reportedly set to leave the telecommunications company before the… read more...
Former Kenya Airways CEO Titus Naikuni Lands Plum Job in South Africa
Former Kenya Airways CEO Titus Naikuni Lands Plum Job in South Africa
Former Kenya Airways Chief Executive Officer Titus Naikuni has been appointed as Tata Chemicals'… read more...
Cabinet Approves Construction of Sh60 Billion Flyover Linking JKIA to Nairobi CBD
Cabinet Approves Construction of Sh60 Billion Flyover Linking JKIA to…
The cabinet has approved a plan to construct an expressway linking Jomo Kenyatta International… read more...
Kenya Airways Activates Codeshare with Delta Airlines
Kenya Airways Activates Codeshare with Delta Airlines
Kenya Airways has activated its codeshare agreement with Delta Airlines, paving the way for… read more...