BUSINESS NEWS

The fate of the proposed free trade agreement (FTA) between Kenya and the US will be known next month. A meeting of trade representatives from both countries is expected to take place in early December, according to the Trade and Industrialization Ministry. Trade Cabinet Secretary Betty Maina says…

Kenya Airways (KQ) has started recalling some of its employees who were laid off last year in the wake of the Covid-19 disruption on business. This follows the growing demand for air travel, especially on local destinations, which has seen the national carrier and other airlines increase…

Kenya Revenue Authority (KRA) collected Sh154.38 billion in October, surpassing its target of Sh142.29 billion by Sh12.09 billion. KRA Commissioner General Githii Mburu said the tax agency recorded an impressive performance of 108.5 percent, sustaining positive performance in the second quarter of…

Kenya Airways (KQ) is set to determine whether the Nairobi-New York route is commercially viable. KQ CEO Allan Kilavuka told MPs that the airline will make the assessment at the end of the year following the resumption of flights after a disruption occasioned by the COVID-19 pandemic. He noted that…

Kenya Airways (KQ) has been named the most expensive airline in Africa. A study by competition authorities representing 24 African countries, including Kenya revealed that KQ charges the highest average fares on domestic and international flights. The Kenyan national carrier charges more on average…

National carrier Kenya Airways (KQ) has signed a new codeshare agreement with British Airways, the flag carrier airline of the United Kingdom. The new partnership allows Kenya Airways customers flying from Nairobi to connect to 26 other destinations across the UK and Europe. They include the cities…

Safaricom has announced there will be a four-hour disruption of all MPesa services on Tuesday and Wednesday. In a notice on Monday, the mobile service provider said the outage is due to scheduled internal maintenance of MPesa systems as part of its efforts to transform the service. "We are…

British American Tobacco (BAT) wants the Kenyan government to lift a ban on popular nicotine pouches dubbed ‘LYFT’. Kenya’s Health Ministry banned the pouches last year on grounds that the product’s registration was done contrary to the provisions of Section 25 of the Pharmacy and Poisons Act CAP…

Central Organization of Trade Unions (Cotu) secretary-general Francis Atwoli has been recognized as a Platinum Elite Life Time Member of Kenya Airways. Kenya Airways (KQ) awarded Atwoli on Tuesday for being a long-time customer of the national carrier. KQ in a statement said the veteran trade…

President Kenyatta on Monday witnessed the signing of a detailed private sector agreement aimed at expanding trade and investments between Kenya and the US. The agreement was signed between the Kenya Private Sector Alliance (KEPSA) and Corporate Council on Africa (CCA)—the largest umbrella body of…