BUSINESS NEWS
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National carrier Kenya Airways (KQ) has expanded its current codeshare deal with US-based Delta Airlines as it prepares to resume direct flights to and from the US on October 29th.
The expanded partnership between the two airlines adds three more US destinations to the existing codeshare…
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The World Bank Group has imposed sanctions on Kenyan IT company, Techno Brain over links to collusive and fraudulent practices.
Techno Brain was blocked together with its UAE-based parent company, Techno Brain Global for 28 and 10 months respectively.
During the debarment period, the two companies…
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UK’s retail giant Tesco has suspended the supply of avocados from Kenyan producer Kakuzi over claims of human rights abuses.
This comes after 79 Kenyans through law firm Leigh Day initiated legal action in a London court against UK’s Camellia for alleged human rights abuses by security guards…
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Manipulation of the shilling against the dollar could threaten the ongoing trade talks between Kenya and the US.
As part of the pre-conditions in the ongoing negotiations for a free trade agreement (FTA) between the two countries, the US has warned Kenya against manipulating the shilling and wants…
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Kenya is set to benefit from a Covid-19 recovery program by technology giant, Google.
The initiative seeks to boost economic recovery in sub-Saharan Africa in the wake of the Covid-19 pandemic which has taken a toll on the economy leading to the loss of millions of jobs.
Country Director for Google…
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Kenya Airways (KQ) has embarked on a plan to return leased aircraft in a move aimed at cutting costs and reducing losses.
KQ CEO Allan Kilavuka confirmed to Business Daily that the airline was in discussions with companies that leased it planes with a view of returning them earlier…
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The Kenya Revenue Authority (KRA) has launched a mobile application to ease tax compliance for Kenyan taxpayers.
Dubbed KRA-M-Service App, the application will enable taxpayers to easily access various services offered by the tax authority including registration, verification, payment of tax, and…
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The government has written to China seeking to be provided with warehouses for Kenyan goods as it looks to export more agricultural produce to the populous Asian nation.
The request was sent to the Chinese government through the Kenya Export Promotion and Branding Agency (Keproba), a State body…
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Kenya Airways (KQ) has announced a 50 percent discount on flight tickets for frontline Kenyan healthcare workers.
The airline said the price cut is meant to celebrate and appreciate healthcare workers for their efforts in the fight against the Covid-19 pandemic.
The offer to more than 20…
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Kenya Airways (KQ) has posted a net loss of Sh14.3 billion for the six months ended June, 2020. This represents a 67 percent growth in losses compared to Sh8.6 billion recorded during the same period last year.
The airline attributed the colossal loss to the Covid-19 pandemic which led to the…
