BUSINESS NEWS

Kenya Defends Sh300 Billion Nairobi-Mombasa High-Speed Expressway Tender to US Firm
Kenya Defends Sh300 Billion Nairobi-Mombasa High-Speed Expressway Tend…
The government through Kenya National Highways Authority (KENHA) has defended its decision to award… read more...
KRA Unveils New Platform to Help Taxpayers Reactivate Suspended PIN Numbers
KRA Unveils New Platform to Help Taxpayers Reactivate Suspended PIN Nu…
The Kenya Revenue Authority (KRA) has unveiled an online portal that taxpayers will use to… read more...
Nairobi Governor Mike Sonko Suspends Matatus Ban from City Center for One Month
Nairobi Governor Mike Sonko Suspends Matatus Ban from City Center for…
Nairobi governor Mike Sonko has put to hold an earlier announced ban on matatus operation within… read more...
Kenyans to Lose Jobs as Samsung Kenya Plans Downgrade of Workforce
Kenyans to Lose Jobs as Samsung Kenya Plans Downgrade of Workforce
Kenyan workers are set to lose their jobs after world's electronics giant firm Samsung announced… read more...
Matatu Owners Oppose Mike Sonko's Ban from Nairobi CBD
Matatu Owners Oppose Mike Sonko's Ban from Nairobi CBD
Matatu owners have rejected the plans by Mike Sonko's administration to ban matatus from Nairobi’s… read more...
Microsoft Launches Computer Lab for Blind Students in Mombasa
Microsoft Launches Computer Lab for Blind Students in Mombasa
Microsoft has launched a computer lab that will benefit more than 500 pupils at Likoni School for… read more...
Activist Okiya Omtatah Gives Central Bank Seven Days to Remove Kenyatta's Image from Currency
Activist Okiya Omtatah Gives Central Bank Seven Days to Remove Kenyatt…
Activist Okiya Omtatah has given Central Bank of Kenya (CBK) seven days ultimatum to remove… read more...
US Firm in Tussle Over Sh123 Million with a Kenyan Construction Company
US Firm in Tussle Over Sh123 Million with a Kenyan Construction Compan…
A United States construction firm is involved in battle over Sh123 million it failed to pay to a… read more...
US Department of State Lauds Kenya's Budget Transparency
US Department of State Lauds Kenya's Budget Transparency
A new report by US Department of State on the evaluation of countries receiving US financial aid… read more...
Kenya Airways Marks New York City for Its Maiden Direct Flight to US
Kenya Airways Marks New York City for Its Maiden Direct Flight to US
Kenya Airways says that it has scheduled New York City as its first destination when it kick-starts… read more...
US Defends Awarding of Sh300 Billion Nairobi-Mombasa Highway Tender to American Firm
US Defends Awarding of Sh300 Billion Nairobi-Mombasa Highway Tender to…
The US Government has defended the awarding of a multi-billion-shilling Mombasa-Nairobi… read more...
Farmers to Reap Big from Kenya-US Direct Flights
Farmers to Reap Big from Kenya-US Direct Flights
Kenyan farmers are set to reap big from the Kenya-US direct flights after national carrier Kenya… read more...
Centum's James Mworia Sets New Record of Highest Paid Kenyan CEO with Sh31 Million Monthly Pay
Centum's James Mworia Sets New Record of Highest Paid Kenyan CEO…
Centum Investment’s James Mworia has set a new record for highest paid Chief Executive Officer (CEO… read more...
US Firm Ranks Kenya Top Country in Digital, Financial Inclusion
US Firm Ranks Kenya Top Country in Digital, Financial Inclusion
For the third consecutive year, a US-based public institution survey has ranked Kenya the top… read more...
Top US University Ranks Kenya in Elite List of Digital Economies
Top US University Ranks Kenya in Elite List of Digital Economies
A new survey conducted in 60 developed and developing countries by a top US University has ranked… read more...
Afreximbank Courts Kenya's High Net Worth Individuals with Sh31 Billion Shareholding Deal
Afreximbank Courts Kenya's High Net Worth Individuals with Sh31 B…
African Export and Import Bank (Afreximbank) is courting high-net worth individuals Nairobi to… read more...
US Agency Gives Kenya's Sh43 Billion Arms Deal a Clean Bill of Health
US Agency Gives Kenya's Sh43 Billion Arms Deal a Clean Bill of He…
A United States watchdog agency has given Kenya's pending $418 million (Sh 43 billion) purchase of… read more...
KRA De-Activates Thousands of Non-compliant PIN Numbers
KRA De-Activates Thousands of Non-compliant PIN Numbers
Thousands of employees in both public and private sectors could miss out on their September… read more...
Why Love for Quick Cash by Kenyans is Overshadowing Normal Investment
Why Love for Quick Cash by Kenyans is Overshadowing Normal Investment
An investigative report by the Standard has exposed how love for quick money by Kenyans has… read more...
Anne Waiguru Inks Deal for Sh5 Billion Industrial Hubs in Kirinyaga
Anne Waiguru Inks Deal for Sh5 Billion Industrial Hubs in Kirinyaga
Kirinyaga Governor Anne Waiguru has inked a deal with private partners that will see construction… read more...
Memo to Kenyans in Diaspora: KRA Gives Non-Compliant Taxpayers 30 Days to File Returns
Memo to Kenyans in Diaspora: KRA Gives Non-Compliant Taxpayers 30 Days…
The Kenya Revenue Authority (KRA) has announced a 30-day grace period for taxpayers to update their… read more...
Safaricom Announces 15-Hour MPesa Outage
Safaricom Announces 15-Hour MPesa Outage
Kenya's giant telecommunication firm Safaricom mobile money service M-Pesa will halt its services… read more...
Nairobi Securities Exchange Loses Sh50 Billion in 10 Minutes Following Supreme Court Ruling
Nairobi Securities Exchange Loses Sh50 Billion in 10 Minutes Following…
About Sh50 billion was lost in 10 minutes on Friday after trading at Nairobi Security Exchange (NSE… read more...
Communications Authority Slaps Sh270 Million Fine on Safaricom over Poor Calls Service
Communications Authority Slaps Sh270 Million Fine on Safaricom over Po…
The Communications Authority (CA) has slapped three mobile service operators with a collective fine… read more...
Memo to Kenyans in Diaspora: KRA to Deactivate Idle PINs on August 31st
Memo to Kenyans in Diaspora: KRA to Deactivate Idle PINs on August 31s…
The Kenya Revenue Authority has announced that it will deactivate all PIN accounts which are yet to… read more...
Facebook Cuts Down Charges on Kenya Wifi Hotspots by 35 Percent
Facebook Cuts Down Charges on Kenya Wifi Hotspots by 35 Percent
US technology giant Facebook has cut down the charges on Internet services in Kenya by an average… read more...
Safaricom Announces 4-Hour M-Pesa Outage
Safaricom Announces 4-Hour M-Pesa Outage
Kenya's giant telecommunication firm Safaricom has notified its MPesa mobile money transfer service… read more...
US Energy Firm Enters Kenya in Solar Power Supply Deal
US Energy Firm Enters Kenya in Solar Power Supply Deal
US firm CrossBoundary Energy has entered into a partnership with British-based Solarcentury to roll… read more...
Ousted One-Term MPs Set to Each Walk Away with Sh18.8 Million Pension Payoff
Ousted One-Term MPs Set to Each Walk Away with Sh18.8 Million Pension…
Kenyans are set to bear the a heavy burden of sh 18.8 million pension payoff for each of the 196… read more...
Facebook Switches on 600 Wi-Fi Hotspots in Kenyan Towns
Facebook Switches on 600 Wi-Fi Hotspots in Kenyan Towns
Facebook has switched on its low-cost Internet in more than 600 hotspots across the country since… read more...