BUSINESS NEWS
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The government has approved prototypes of Kenyan-made ventilators, paving the way for mass production of the life-saving medical equipment.
The ventilators developed by Kenya Association of Manufacturers’ (KAM) automotive sector were presented to Trade and Industrialization CS Betty Maina on…
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Kenya Airways (KQ) has announced it is converting some of its grounded passenger flights into cargo freighters.
KQ said the move is aimed at keeping the airline in operation amid the coronavirus pandemic, which has completely crippled the air travel industry globally.
The grounded KQ passenger…
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A 28-year-old Kenyan woman has made it to the 2020 Forbes Africa top 30 under 30 list released this month.
Ogutu Okudo, who is the founder and CEO of Women in Energy & Extractives Africa, was recognized for her immense contribution to the oil and energy sector in Kenya and Africa.
"These are…
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Peter Ndegwa on Wednesday, April 1st, officially took over as the new CEO of Safaricom following his appointment last year.
Ndegwa was appointed to the position in October last year to replace former CEO Bob Collymore, who died of cancer in July 2019.
He assumes the role from Michael Joseph,…
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Kenyan billionaire businessman Chris Kirubi is set to spend Sh2.7 billion to acquire 133 million more shares in Centum Investment Company.
This will raise the tycoon’s stake in Centum Investment from the current 30 percent to 49.99 percent, making him the company’s single-largest individual…
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Kenya has suspended the importation of second-hand clothes, locally known as ‘mitumba’, due to the global coronavirus outbreak.
In a statement on Wednesday, the Ministry of Trade, Industry, and Cooperatives said the move is aimed at protecting the health of Kenyans and promoting the local textile…
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President Trump’s administration has invited American and Kenyan companies to submit their views on the proposed free trade agreement between the US and Kenya.
This comes as the two countries prepare to open formal negotiations on the trade deal following last month’s meeting between Trump and his…
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Need to travel from the US to Kenya right away? Kenya Airways has a total of twenty (20) complimentary one-way tickets from JFK International Airport in New York to JKIA International Airport in Nairobi for travel on Tuesday, March 24th, 2020.
The FREE tickets are available on a first-come-first-…
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Kenyans are set to enjoy high-speed and affordable internet courtesy of Google Loon in partnership with Telkom Kenya.
This comes after the Kenya Civil Aviation Authority (KCAA) signed an agreement with Google Loon, allowing them to fly their balloons over the Kenyan airspace beaming high-speed…
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Kenya Airways has announced its top officials, including the CEO, will take huge pay cuts effective April 1st as the airline fights to stay afloat in the wake of coronavirus pandemic.
KQ CEO Allan Kilavuka in a letter to staff on Saturday attributed the decision to dwindling passenger revenues…
