BUSINESS NEWS

1
12 Kenyan start-ups have been selected for this year’s $4 million (Sh481.2 million) Google for Startups Black Founders Fund for Africa. 50 percent of this year’s cohort of 60 start-ups are women-led businesses, with Nigeria leading the pack with 23 grantees followed by Kenya with 12, Rwanda 6,…
7
Kenya Airways (KQ) has announced it will resume daily direct flights on the Nairobi-New York route in December due to an increased demand for tickets ahead of the festive season. The national carrier has grappled with a fluctuating demand on the route since the onset of the Covid-19 pandemic in…
2
Emani Business Centre, the building that houses Jubilee Party headquarters has been set up for auction. In a notice published on Monday, Garam Investments said the multi-million-shilling property located along Thika Road at Pangani area in Nairobi will be auctioned on September 13th at Garam’s…
6
Safaricom has poached Cynthia Karuri-Kropac from American telco AT&T Inc. to be its new Chief Enterprise Business Officer effective from September 1st. Karuri, who held various management and leadership roles during her 19-year stint at AT&T Inc., replaces Joseph Wanjohi who has been acting…
0
American tech giant Microsoft has appointed Phyllis Migwi as its new Kenya Country Manager. Migwi replaces Kendi Ntwiga, who left the company last month after she was appointed as the Global Head of Misrepresentation at Meta. Microsoft described Migwi as a leader and a business catalyst known for…
8
The United Kingdom has protested Kenya’s plan to ban the importation of second-hand passenger buses and trucks which aims at increasing safety on Kenyan roads. Trade and Industrialization Cabinet Secretary Betty Maina says the UK authorities are uncomfortable with the ban as they fear it will cut…
3
Kenya exported miraa worth Sh221 million in four days following the resumption of the crop’s export to Somalia last weekend, signifying the huge role the commodity plays in the economy. Head of Miraa Pyrethrum and other Industrial Crops Felix Mutwiri told Business Daily that the country shipped 81.…
2
Kenyan entrepreneur Mark Steve Nuguti was among the leaders feted during the just-concluded Pan African Youth Leadership Foundation Global summit in Dubai, United Arab Emirates (UAE). Steve, who is the CEO of Spoton Vacations, was presented with the Most Influential Youth Leader of the Year trophy…
2
Equity Bank Kenya and NALA Payments Limited have signed a partnership aimed at facilitating diaspora remittances. Equity Bank says the partnership with the United Kingdom and United States-licensed platform cements its position as the leading lender in supporting diaspora remittances. The…
2
Kenya Airways (KQ) and South African Airways (SAA) have signed a codeshare agreement that opens more destinations for seamless travel opportunities.  In a statement on Tuesday, Kenya Airways said the code-sharing agreement will see each airline sell, under its own code, flights operated by…