BUSINESS NEWS

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...
Kenya Airways to Launch Flights to Other US Destinations including Atlanta and Washington, DC
Kenya Airways to Launch Flights to Other US Destinations including Atl…
Kenya Airways plans to launch flights to other destinations in the United States including Atlanta… read more...
Africa's Richest Man Aliko Dangote to Buy Kenyan Company
Africa's Richest Man Aliko Dangote to Buy Kenyan Company
Africa’s wealthiest man Aliko Dangote has announced he will be acquiring a Kenyan company. Speaking… read more...
MPesa Users to Make Transactions through Western Union in New Deal
MPesa Users to Make Transactions through Western Union in New Deal
Safaricom has signed a payments deal with United States financial services company Western Union.… read more...
Immigration's Among Several Kenya Gov't Websites Shutdown By Microsoft
Immigration's Among Several Kenya Gov't Websites Shutdown By…
Kenya's Immigration Department's website (www.immigration.go.ke) is among several government… read more...
BBC Launches Africa Headquarters in Nairobi
BBC Launches Africa Headquarters in Nairobi
British Broadcasting Corporation (BBC) has officially launched its East African Bureau in Nairobi.… read more...
Safaricom to Launch an Overdraft Facility for Mpesa Users
Safaricom to Launch an Overdraft Facility for Mpesa Users
Kenya's leading mobile service provider Safaricom is set to launch an overdraft facility for its… read more...
Safaricom Announces Sh31.5 Billion Half Year Profit
Safaricom Announces Sh31.5 Billion Half Year Profit
Safaricom has announced a Sh31.5  billion net profit in the half-year ending September 30th, 2018.… read more...
President Uhuru Administration to Sell 26 State-owned Companies
President Uhuru Administration to Sell 26 State-owned Companies
President Kenyatta's administration is set to sell 26 state-owned companies in order to raise funds… read more...
Kenyan Gov't Suspends Ban Imposed on Chinese Fish
Kenyan Gov't Suspends Ban Imposed on Chinese Fish
The government has suspended the ban imposed on the importation of Chinese fish into the country.… read more...
China Withdraws Threat of Imposing Trade Sanctions on Kenya over Ban on Chinese Fish
China Withdraws Threat of Imposing Trade Sanctions on Kenya over Ban o…
China has withdrawn its earlier threat of engaging in a “trade war” with Kenya over the government'… read more...
Uganda Denies Pulling Out of SGR Deal with Kenya
Uganda Denies Pulling Out of SGR Deal with Kenya
Uganda has refuted reports that it has pulled out of the deal for the construction of a Standard… read more...
Safaricom Fined Sh293 Million for Poor Services
Safaricom Fined Sh293 Million for Poor Services
Kenya's giant mobile service provider Safaricom has been slapped with a fine of nearly 300 million… read more...
President Uhuru Downplays Fears over Huge China Debt
President Uhuru Downplays Fears over Huge China Debt
President Kenyatta has downplayed concerns raised by critics over the huge debt Kenya owes China.… read more...
Eurobond III: Kenya Seeks to Raise Sh287 Billion By the End of this Year
Eurobond III: Kenya Seeks to Raise Sh287 Billion By the End of this Ye…
The government has announced plans of borrowing $2.8 billion (Sh287 billion) in Eurobonds offers… read more...
Kenya Airways' Maiden Direct Flight to the US Receives Water Salute at JKF Airport in New York
Kenya Airways' Maiden Direct Flight to the US Receives Water Salu…
Kenya Airways' maiden direct flight to the United States has received a water salute upon touching… read more...
Kitui Governor Charity Ngilu Launches First Garment Factory by a County Government
Kitui Governor Charity Ngilu Launches First Garment Factory by a Count…
Kitui Governor Charity Ngilu has launched the first-ever garment making factory by a County… read more...
Retired President Mwai Kibaki to Build Multi-Billion Shilling Mini-City Near Menengai Crater
Retired President Mwai Kibaki to Build Multi-Billion Shilling Mini-Cit…
Retired President Mwai Kibaki is planning to build a multi-billion shilling mini-city comprising of… read more...
IMF Accuses Kenya of Over-valuing the Shilling by 17.5 Percent
IMF Accuses Kenya of Over-valuing the Shilling by 17.5 Percent
The International Monetary Fund (IMF) claims that Kenya is artificially manipulating the shilling… read more...
Kenya Airways Direct Nonstop Flights to the US in Limbo as Workers Issue Strike Notice
Kenya Airways Direct Nonstop Flights to the US in Limbo as Workers Iss…
Kenya Airways' maiden direct flight to the United States lies in limbo after aviation employees… read more...
Celebrated CNN Anchor Richard Quest Visits Kenya, to Ride Kenya Airways Maiden Direct Flight to the US
Celebrated CNN Anchor Richard Quest Visits Kenya, to Ride Kenya Airway…
Cable News Network (CNN) anchor Richard Quest has began his tour to Kenya. Quest arrived in the… read more...
Kenya Airways Sells Out Tickets for its Maiden Direct Flight to the US, One Week Ahead of Official Launch
Kenya Airways Sells Out Tickets for its Maiden Direct Flight to the US…
Kenya Airways has sold out tickets for its maiden direct flight to the United States one week to… read more...
President Uhuru Returns to China Next Month to Secure Market for Kenyan Products
President Uhuru Returns to China Next Month to Secure Market for Kenya…
President Kenyatta is next month expected to travel to China to secure market for Kenyan products.… read more...
Kenya's Public Debt to Rise to Sh7 Trillion By the End of President Uhuru's Tenure
Kenya's Public Debt to Rise to Sh7 Trillion By the End of Preside…
Kenya's public debt is expected to rise to Sh5.6 trillion by June, 2019 and Sh7 trillion by the… read more...
Depositors to Earn Reduced Interests from Kenyan Banks after Scrapping of Deposit Floor
Depositors to Earn Reduced Interests from Kenyan Banks after Scrapping…
Depositors will soon begin feeling the pinch following the scrapping of deposit floor by Finance… read more...
Safaricom Announces Increased Charges on Voice Calls, SMS, Data
Safaricom Announces Increased Charges on Voice Calls, SMS, Data
Safaricom has announced it will from midnight, Wednesday increase the prices of voice calls, SMS… read more...
'Embarassed' President Kenyatta Refuses to Read Written Speech at an Event in Nairobi
'Embarassed' President Kenyatta Refuses to Read Written Spee…
President Kenyatta was on Tuesday forced to discard a written speech he had prepared to read during… read more...
Nakumatt Shuts Down Nairobi's Mega Branch after 27 Years of Operation
Nakumatt Shuts Down Nairobi's Mega Branch after 27 Years of Opera…
Cash-strapped former Kenyan giant retail chain Nakumatt has announced the closure of one of its… read more...
New Buses for Nairobi's BRT System Unveiled
New Buses for Nairobi's BRT System Unveiled
Planned Nairobi's Bus Rapid Transit (BRT) system has received a major boost after Isuzu East Africa… read more...