BUSINESS NEWS

US Pledges More Funds to Support Devolution in Kenya
US Pledges More Funds to Support Devolution in Kenya
The United States has pledged more funds to support devolution in Kenya. Speaking when he met… read more...
Agency Drops Plans to Split M-Pesa from Safaricom
Agency Drops Plans to Split M-Pesa from Safaricom
The decision by Communications Authority (CA) to drop an earlier controversial proposal to split… read more...
Residents Loot Stock as Nakumatt is Evicted from Mall
Residents Loot Stock as Nakumatt is Evicted from Mall
It was double woes for struggling retail chain Nakumatt after residents looted its stock following… read more...
Inaugural SGR Cargo Train Ferries 104 Containers from Mombasa to Nairobi
Inaugural SGR Cargo Train Ferries 104 Containers from Mombasa to Nairo…
A maiden Standard Gauge Railway (SGR) cargo train on Monday evening arrived at the ultra-modern… read more...
Government to Issue PSV Drivers with Smart Driving Licences
Government to Issue PSV Drivers with Smart Driving Licences
The government through Ministry of Transport has announced it will start issuing digital driving… read more...
US Travel Magazine Names Kenya's Angama Mara as World's Best Safari Lodge
US Travel Magazine Names Kenya's Angama Mara as World's Best…
Kenya’s Angama Mara has been named as the world’s best safari lodge for year 2017 by a United… read more...
Government to Halt Provision of Sh90 Subsidized Unga at the End of December
Government to Halt Provision of Sh90 Subsidized Unga at the End of Dec…
The maize flour subsidy program is set to halt an the end of this month, with the government upbeat… read more...
50 People Extradited Back to China from Kenya Jailed for Up to 15 Years
50 People Extradited Back to China from Kenya Jailed for Up to 15 Year…
50 people, including 22 from self-ruled Taiwan extradited back to China from Kenya over telecoms… read more...
Canadian Immigration Minister Pays a Courtesy on President Uhuru, Pledges to Strengthen Ties with Kenya
Canadian Immigration Minister Pays a Courtesy on President Uhuru, Pled…
President Kenyatta has on Wednesday held discussions with Canadian Immigration, Refugees and… read more...
McDonald's Says its Not Opening Outlet in Nairobi
McDonald's Says its Not Opening Outlet in Nairobi
World's leading fast-food chain, McDonald’s has refuted reports that there were plans to open its… read more...
President Uhuru's Kin Loses Ownership of Sh3 Billion Shilling 443-Acre Land
President Uhuru's Kin Loses Ownership of Sh3 Billion Shilling 443…
President Kenyatta’s cousin Ngengi Muigai has lost the ownership of 443 acres of land estimated to… read more...
Kenyans to Export Products to American Market in New US-Kenya Deal
Kenyans to Export Products to American Market in New US-Kenya Deal
Kenya has inked a deal with the United States that will allow more than 2,0000 small businesses in… read more...
Mike Sonko Riding On My Projects, Former Nairobi Governor Evans Kidero Says
Mike Sonko Riding On My Projects, Former Nairobi Governor Evans Kidero…
Former Nairobi County Governor Dr. Evans Kidero has accused his successor Mike Sonko of taking… read more...
Kenya Scoops World's Leading Safari Destination Award
Kenya Scoops World's Leading Safari Destination Award
Kenya has been named the world’s leading safari destination by the World Travel Awards for the… read more...
20 Feared Dead in a Multiple Car Accident at Sachangwan Blackspot in Nakuru
20 Feared Dead in a Multiple Car Accident at Sachangwan Blackspot in N…
At least 20 people are feared dead following a multiple-vehicle crash on Tuesday afternoon at the… read more...
McDonald's to Open it's First Restaurant in Nairobi
McDonald's to Open it's First Restaurant in Nairobi
US giant fast food restaurant chain McDonald’s is set to enter the Kenyan market as it continues to… read more...
Safaricom Speaks about CEO Bob Collymore's Exit
Safaricom Speaks about CEO Bob Collymore's Exit
Safaricom has refuted claims that its ailing Chief Executive Office Bob Collymore has been fired.… read more...
I Would Like to Die in Kenya, Former Safaricom CEO Michael Joseph Says
I Would Like to Die in Kenya, Former Safaricom CEO Michael Joseph Says
Former Safaricom CEO Michael Joseph says he would love to die in Kenya. Joseph, who headed… read more...
Detectives Seize Part of Sh50 Million Stolen from Thika's KCB Bank Through Underground Tunnel
Detectives Seize Part of Sh50 Million Stolen from Thika's KCB Ban…
Police detectives have recovered Sh17 million out of the Sh50 million stolen from a Kenya… read more...
US Now Trails South Africa in Exports to Kenya
US Now Trails South Africa in Exports to Kenya
South Africa's exports to Kenya in the first eight months of 2017 hit Sh42.7 billion, an increase… read more...
Kenya to Roll-Out New Generation Currency By May 2018
Kenya to Roll-Out New Generation Currency By May 2018
The Central Bank of Kenya (CBK) has confirmed that new generation currency notes will be rolled out… read more...
Safaricom Share Price Jumps to a New Record High
Safaricom Share Price Jumps to a New Record High
Safaricom share price hit a new record high on Wednesday, after it jumped 5.6 per cent to Sh28.25… read more...
Robbers Dig Underground Tunnel, Steal Sh50 Million from KCB Bank in Thika
Robbers Dig Underground Tunnel, Steal Sh50 Million from KCB Bank in Th…
Unknown robbers stole Sh50 million from a Kenya Commercial Bank (KCB) branch in Thika town after… read more...
Airtel Reaps Big from NASA Boycott on Safaricom Products
Airtel Reaps Big from NASA Boycott on Safaricom Products
Airtel has reaped big from opposition National Super Alliance (NASA) call for boycott of Safaricom… read more...
Vodafone's CEO in Ghana Speaks about Replacing Ailing Safaricom Boss Bob Collymore
Vodafone's CEO in Ghana Speaks about Replacing Ailing Safaricom B…
Yolanda Cuba, the Chief Executive Officer of Vodafone in Ghana has dismissed claims that there is… read more...
Government Upbeat JKIA Will Be Cleared for US Direct Flights Plan
Government Upbeat JKIA Will Be Cleared for US Direct Flights Plan
The government has expressed optimism that Jomo Kenyatta International Airport (JKIA) will pass the… read more...
Safaricom's Market Valuation Drops By Sh20 Billion in One Week of NASA Boycott
Safaricom's Market Valuation Drops By Sh20 Billion in One Week of…
The market valuation of giant mobile service provider Safaricom has reduced by Sh20 billion in the… read more...
President Uhuru Strikes Multi-Billion Shilling Partnership Program with Nairobi Governor Mike Sonko
President Uhuru Strikes Multi-Billion Shilling Partnership Program wit…
The national government and the Nairobi County government have agreed to undertake a joint multi-… read more...
COTU Boss Francis Atwoli Appeals to NASA to Drop Products Boycott Calls
COTU Boss Francis Atwoli Appeals to NASA to Drop Products Boycott Call…
Central Organisation of Trade Unions (COTU) has called on opposition National Super Alliance (NASA… read more...
NASA Boycott Will Ruin One Million Jobs, Safaricom Dealers Warn
NASA Boycott Will Ruin One Million Jobs, Safaricom Dealers Warn
Safaricom dealers have warned that more than one million Kenyans could lose their jobs as a result… read more...