BUSINESS NEWS

Affluent Kenyans of Indian Descent Repatriate Sh13 Billion Stashed in Foreign Accounts
Affluent Kenyans of Indian Descent Repatriate Sh13 Billion Stashed in…
Kenyans of Indian descent have returned more than 13 billion shillings that was hidden in foreign… read more...
Ekeza Sacco, Which Has 5,000 Members in the Diaspora, to Know its Fate in Three Months
Ekeza Sacco, Which Has 5,000 Members in the Diaspora, to Know its Fate…
Ekeza Savings and Credit Cooperative Society will know its fate in three months time, Commissioner… read more...
More Kenyans Travel to the UAE, Pakistan and Spain
More Kenyans Travel to the UAE, Pakistan and Spain
United Arab Emirates (UAE) has been named the fastest growng destination for Kenyan travellers in… read more...
Why Super-Rich Kenyans are Investing Abroad
Why Super-Rich Kenyans are Investing Abroad
The number of wealthy Kenyans investing outside the country has increased, with most of them… read more...
China Refuses to Fund Construction of SGR Line until Kenya First Proves Its Viability
China Refuses to Fund Construction of SGR Line until Kenya First Prove…
The Chinese government has reportedly declined to finance the construction of Standard Gauge… read more...
Bill Gates Seeks to Link All Kenyan Banks with Single Software
Bill Gates Seeks to Link All Kenyan Banks with Single Software
United States billionaire Bill Gates is seeking to link all Kenyan banks and mobile cash platforms… read more...
President Uhuru Urges China to Pay 50 Percent of the Cost of Extending SGR to Kisumu
President Uhuru Urges China to Pay 50 Percent of the Cost of Extending…
President Uhuru Kenyatta has urged China to fund 50 percent of the cost of extending the Standard… read more...
Ekeza Sacco, Which Has 5,000 Members in the Diaspora to Remain Shut, Says Govt
Ekeza Sacco, Which Has 5,000 Members in the Diaspora to Remain Shut, S…
The government says Ekeza Sacco will remain shut until it is convinced that there is a proper… read more...
Fuel Tax Debate: You Must Pay to Enjoy Services, Secure Future, Equity CEO James Mwangi Tells Kenyans
Fuel Tax Debate: You Must Pay to Enjoy Services, Secure Future, Equity…
Equity Bank Chief Executive Officer (CEO) James Mwangi has urged Kenyans to stop complaining about… read more...
Foreign Cash Deposits in Kenyan Banks Grow By Sh60 Billion Buoyed By Diaspora Inflows
Foreign Cash Deposits in Kenyan Banks Grow By Sh60 Billion Buoyed By D…
Foreign currency deposits held in local banks increased by Sh60 billion in the month of June, data… read more...
Kenya Shilling Strengthens Against US Dollar on Diaspora Inflows Support
Kenya Shilling Strengthens Against US Dollar on Diaspora Inflows Suppo…
The Kenyan shilling strengthened against the US dollar on Friday, supported by remittances by… read more...
Nakumatt Shuts Down Its Last Remaining Outlet in Mombasa
Nakumatt Shuts Down Its Last Remaining Outlet in Mombasa
Nakumatt has shut down its Likoni Branch, the last remaining outlet of the region's once largest… read more...
Hard Times ahead for Kenyans as KRA Announces 16 Percent Tax on Fuel
Hard Times ahead for Kenyans as KRA Announces 16 Percent Tax on Fuel
The Kenya Revenue Authority (KRA) has announced 16 percent tax on all petroleum products effective… read more...
Inside the Sh300 Billion Nairobi-Mombasa Expressway to be Constructed by US Engineering Firm Bechtel
Inside the Sh300 Billion Nairobi-Mombasa Expressway to be Constructed…
The construction of a Sh300 billion state-of-the-art expressway connecting Nairobi and Mombasa is… read more...
Uhuru Kenyatta to Meet Chinese President Xi Jinping in Beijing
Uhuru Kenyatta to Meet Chinese President Xi Jinping in Beijing
President Uhuru Kenyatta is this weekend expected to travel to China where he will attend the China… read more...
20 New British Companies to Open Shop in Kenya
20 New British Companies to Open Shop in Kenya
Twenty new British companies are set to open shop in Kenya, United Kingdom Prime Minister Theresa… read more...
Kenya Airways to Take Over Running of JKIA from KAA
Kenya Airways to Take Over Running of JKIA from KAA
Kenya Airways is set to assume the running of daily operations of Jomo Kenyatta International… read more...
Relief to Kenyans Making Huge Cash Transactions as MPs Reject Proposed Robin Hood Tax
Relief to Kenyans Making Huge Cash Transactions as MPs Reject Proposed…
Kenyans transacting more than half-a-million shillings can now have a reason to smile after Members… read more...
Kenya Airways Announces Sh4 Billion Half-Year Loss
Kenya Airways Announces Sh4 Billion Half-Year Loss
Kenya Airways has recorded a loss of Sh4 billion in the first six months of 2018, representing a 30… read more...
JKIA Receives Last Point of Departure Clearance, Paving Way for Nonstop Flights to the US
JKIA Receives Last Point of Departure Clearance, Paving Way for Nonsto…
The United States government has granted Jomo Kenyatta International Airport (JKIA) the Last Point… read more...
President Kenyatta Holds Meeting with Top US Investors in Washington, DC
President Kenyatta Holds Meeting with Top US Investors in Washington,…
President Uhuru Kenyatta on Monday held successful talks with top American business leaders in… read more...
World Bank Topples China as Kenya's Biggest Creditor at Sh581 Billion
World Bank Topples China as Kenya's Biggest Creditor at Sh581 Bil…
The World Bank has regained its grip as Kenya's leading creditor after earlier being overtaken by… read more...
British Prime Minister Theresa May Troops to Kenya with Top UK Investors
British Prime Minister Theresa May Troops to Kenya with Top UK Investo…
British Prime Minister Theresa May is this week expected to visit Kenya as part of her three-nation… read more...
Nairobi-Based NGO to Receive Sh200 Million Donor Funding from US Organization
Nairobi-Based NGO to Receive Sh200 Million Donor Funding from US Organ…
A Kenyan non-governmental organisation is set to receive this year's Sh200 million donor funding… read more...
Jubilee Insurance on the Spot for Sacking Female Employee Due to Pregnancy
Jubilee Insurance on the Spot for Sacking Female Employee Due to Pregn…
Jubilee Insurance has been placed on the spot for allegedly sacking a female employee over… read more...
How Four Employees Stole Sh72 Million from Kenya Commercial Bank
How Four Employees Stole Sh72 Million from Kenya Commercial Bank
Detectives from the Directorate of Criminal Investigations (DCI) arrested four employees for… read more...
Transit Passengers via JKIA Hit 800,000 in Two Months
Transit Passengers via JKIA Hit 800,000 in Two Months
Jomo Kenyatta International Airport (JKIA) has continued to cement its place as Africa's top… read more...
Construction of SGR Line between Naivasha and Kisumu to Cost Kenyans Sh380 Billion
Construction of SGR Line between Naivasha and Kisumu to Cost Kenyans S…
The construction of Standard Gauge Railway (SGR) line between Naivasha Kisumu will cost Kenyans… read more...
Multi-Billion Shilling High-End Office Block - 14 Riverside in Nairobi's Westlands Area to Be Demolished
Multi-Billion Shilling High-End Office Block - 14 Riverside in Nairobi…
The multi-billion shilling exclusive office block, 14 Riverside in Nairobi's Westlands area is set… read more...
Equity Group Announces Sh11 Billion Six-Month Profit
Equity Group Announces Sh11 Billion Six-Month Profit
Equity Group has posted Sh11 billion profit for the first six months of 2018, an increase by 18… read more...