BUSINESS NEWS
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Kenyan car manufacturer Mobius Motors has announced it will be launching a second and improved model vehicle that will retail at around Sh1.3 million including Value Added Tax (VAT), raising the price from Sh1.1 million for its first make, unveiled in 2014.
Mobius said that potential buyers of the…
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Brookside Dairy, a company connected to President Uhuru Kenyatta's family is among 20 Kenyan companies that have been banned from accessing Tanzania market, despite last week’s deal that lifted export restrictions between the two countries.
New KCC, cigarette manufacturer BAT, all the cement makers…
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Two Kenyan universities are among 19 higher learning institutions that have been blocked by Tanzania from admitting students in that country in September.
Kenyatta University and Jomo Kenyatta University of Agriculture and Technology (JKUAT) and 19 others were found short of standards requirements…
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US Ivy League institution Harvard University has entered into a partnership with Aga Khan University to offer a series of courses for senior executives in Kenya.
The courses to be offered aim at sharpening the leadership and communication skills of managers and will be rolled out at the Aga…
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An investigation by a Kenyan media outlet has revealed that rent-seeking government officers in collaboration with corrupt businessmen are selling donor-funded free HIV medication on the black market, depriving poor Kenyans access to the life-saving drugs.
The probe found that essential drugs such…
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US giant software firm Oracle has announced that it will provide an undisclosed number of employment opportunities in Kenya as it rolls out an aggressive plan to expand its cloud computing business in the country.
The plan will create thousands of new postings in Europe, Middle East and Africa (…
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Kenya's giant telecommunication firm Safaricom says that it has parted ways with M-Pesa boss Ronald Webb. Webb exits Safaricom at a critical time when the firm kick started a major upgrade of the mobile money platform.
Ronald Webb, who has been the director of financial services at Safaricom…
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Air France has announced that it will be resuming operations between Paris and Nairobi beginning March next year, marking the end of an 18-year hiatus.
The new move by the international airline further signals the rising travel demand on routes connecting the Kenyan capital to global cities. The…
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Kenya Airways was on Sunday night forced to ground one of its aircraft and book the Johannesburg-bound passengers on other flights following an extensive damage on it prior to take-off.
In a statement, the airline said that its eight Boeing 737-800 aircraft suffered extensive damage to its main…
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A Hong Kong-based airline operator will be launching a Sh4.6 million per ticket luxury flight to Nairobi, which will be targeting super-rich individuals from Asia keen to sample Kenya’s prime holiday destinations.
Crystal AirCruises, which operates luxury private jets and resort services, announced…
