BUSINESS NEWS

Swedish-Kenyan company Opibus has introduced the first African-designed and manufactured electric bus in Kenya as part of its efforts to bring clean energy to public transportation.  Opibus, which was the first company to make electric motorcycles in Kenya, plans to launch the bus commercially…

The United Arab Emirates (UAE) has lifted a ban on passenger and transit flights from Kenya and 11 other African countries. Passengers from Kenya, Tanzania, Ethiopia, Nigeria, Congo, South Africa, Botswana, Eswatini, Lesotho, Mozambique, Namibia, and Zimbabwe will be able to travel to the UAE from…

Nyandarua potato farmers and co-operatives could soon start supplying their produce to US fast-food restaurant chain Kentucky Fried Chicken (KFC). This comes after the county government of Nyandarua and KFC agreed on an outline that will entice farmers in the county to sell their potatoes to the…

American fast-food restaurant Kentucky Fried Chicken (KFC) says it cannot disclose the quality standards Kenyan farmers wishing to supply it with potatoes must meet. The food retail giant told Business Daily that it cannot share such information due to what it termed as proprietary restrictions. “…

Kuku Foods East Africa, the local KFC franchise holder has explained why the fast-food restaurant does not source potatoes from Kenyan farmers. Kuku Foods CEO Jacques Theunissen says it is mandatory for all suppliers of food KFC sells worldwide to undergo global quality assurance vetting before…

Kenya Airways (KQ) has increased the frequency of its direct flights to the United States to meet the rising demand for travel this festive season. The national carrier will now operate five flights per week between Jomo Kenyatta International Airport (JKIA) in Nairobi and JF Kennedy International…

A nine-year battle for the control of Naivas supermarket has come to an end following a ruling by the Appeals Court on Monday. Justices Roselyn Nambuye, Fatuma Sichale and Sankale ole Kantai ruled that the complainant Newton Kagiri Mukuha has no stake in the giant supermarket chain after running…

Kenyan fintech Kwara has raised $4 million (Sh450 million) seed funding to help local SACCOs turn into modern digital banks. The capital will see the start-up further develop its neobank app that will enable people to sign up with their preferred SACCOs to access various financial services.  “…

Kenya Airways (KQ) and South Africa Airways (SAA) have signed a strategic partnership framework as they work towards creating a Pan-African airline group. The framework will see the two national carriers join forces to increase passenger traffic, cargo opportunities, and general trade by taking…

American pizza restaurant Papa John’s has announced plans to enter the Kenyan market as part of its sub-Saharan Africa expansion. The Atlanta-headquartered restaurant chain says it will open 60 fast food outlets in Kenya and Uganda from next year. "Establishing ourselves in Sub-Saharan Africa for…