BUSINESS NEWS

Google Selects Kenyan Tech Firm for Mentorship
Google Selects Kenyan Tech Firm for Mentorship
Google has selected Kenya Database Management System (DMS) as one of the six Sub-Saharan Africa IT… read more...
US President Donald Trump Proposes Reduction of Assistance to Kenya
Kenya has been dealt a financial blow after the United States President Donald Trump proposed a cut… read more...
US Congress Demands Documents on Sh43 Billion Kenya Arms Deal
A US Congress investigative committee has demanded it be served with key documents of the proposed… read more...
Kenya to Extend Plastic Ban on Water, Juice Bottles
The government through Environment Cabinet secretary Judi Wakhungu has announced that it will be… read more...
President Uhuru to Launch New Standard Gauge Railway, Ride on Maiden T…
The Mombasa-Nairobi new Standard Gauge Railway (SGR) is set to begin operations after the official… read more...
US Pretzel Chain Set to Enter Kenya, a Growing Market for American Fas…
American pretzel chain Mr Pretzel is set to be the latest US fast food chain to enter Kenya, a… read more...
'Hungry' Kenyans Storm Supermarkets for Cheap Unga
Kenyans on Thursday flocked supermarkets and stores to scramble for the government subsidized maize… read more...
Volvo to Set Up Sh2.5 Billion Assembly Plant in Kenya
Volvo Group has announced that it will be investing Ksh2.5 billion in assembly plant in Mombasa… read more...
Boost for Kenya as More Oil is Discovered
Kenya has received a major boost as far as petroleum exportation is concerned after more oil has… read more...
President Uhuru Secures Sh359 Billion from China for Standard Gauge Railway Extension to Kisumu
President Uhuru Secures Sh359 Billion from China for Standard Gauge Ra…
President Uhuru Kenyatta has negotiated an additional $3.59 (Sh359 billion) billion grant from… read more...
US-Based NGO Petitions 'Mitumba' Ban by Kenya and EAC
A US-based lobby group has filed a petition with American trade authorities challenging Kenya’s… read more...
Mexico Denies Selling Maize to Kenya
Mexico Denies Selling Maize to Kenya
In a fresh twist of events surrounding the importation of maize in Kenya to ease the current… read more...
BBC to Set Up Sh1 Billion MultiMedia Production Studio in Nairobi
The British Broadcasting Corporation (BBC) has announced that it will be investing nearly $10… read more...
Safaricom Launches New 'M-Pesa 1 Tap' Splution
Safaricom Launches New 'M-Pesa 1 Tap' Solution
Kenya’s leading Mobile services provider Safaricom has launched tests on a new M-Pesa tool that… read more...
Trump's Aid Cuts to Hurt Kenya
Trump's Aid Cuts to Hurt Kenya
A proposal by President Donald Trump to have the United States reduce its foreign aid by 30 per… read more...
Safaricom Net Profit Rises to Sh48 Billion, to Pay Out Sh38 Billion in…
Kenyan telecommunications giant Safaricom on Wednesday announced a Sh48 billion net profit for the… read more...
Kenya Commercial Bank to Close South Sudan Branches
Kenya Commercial Bank (KCB) will be closing several of its branches in war tone South Sudan as a… read more...
Kenya Airways Hires Polish CEO to Spearhead Recovery
Kenya Airways has hired a Polish to spearhead the national carrier’s reversal plan following a… read more...
Dubai, the 'Playground' for Kenyans
Dubai has been named one of the leading destinations of choice for more than 15 million visitors… read more...
Direct Flights to US to Boost Kenya's Flower Exports
The Kenya Flower Council (KFC) is positive that the transport costs for flowers will lower by half… read more...
NGO Oversight Body Freezes Kalonzo Musyoka Foundation's Accounts…
Kenya’s Non-Governmental Organization Coordination Board has suspended the operations of Kalonzo… read more...
Kenya Foreign Affairs Cabinet Secretary Woos US to Strengthen Trade Ti…
Kenya Foreign Affairs Cabinet Secretary Amina Mohamed has embarked on a campaign aimed at… read more...
Kenya-US Security Pact Advances Plans for Direct Flights
A Memorandum of Understanding (MoU) that seeks to strengthen the security of Kenya and the United… read more...
US State Agency in Pact to Fund Kenya Power Projects
The US Government has improved funding to Kenya’s energy sector following a pact entered between… read more...
Switzerland Recovers Sh200 Million Anglo Leasing Loot, to Refund to Kenya
Switzerland Recovers Sh200 Million Anglo Leasing Loot, to Refund to Ke…
The Swiss government has announced that it will be confiscating assets worth Ksh200 million related… read more...
Kenya Discovers More Oil
A company contracted by Kenya to drill oil in Turkana, Tullow Oil has announced that it has… read more...
Kenya Woos Top US Cruise Line in a Bid to Attract American Tourists to…
Kenya has embarked on a campaign to woe a California-based operator of luxury cruise ships,… read more...
Qatar Airways to Launch Direct Flights to Mombasa
Middle-East giant airline, Qatar Airways will be launching direct flights Doha and Kenyan coastal… read more...
World Bank Projects Kenya Economy to Grow at 5.5 Percent
The World Bank projects the Kenyan economy to grow at 5.5 percent in 2017; this is down from 6… read more...
Safaricom Offers Free MPesa Services for 24 Hours as Compensation for…
Safaricom has announced that it will offer free MPesa services for 24 hours starting at midnight… read more...