BUSINESS NEWS
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United States fast-food chain Burger King has launched its fifth outlet in the Kenyan capital, Nairobi.
The opening of the new branch in Lavington is part of the franchise's plan to expand its footprint in the Kenyan market.
The new restaurant is located at the new Lavington Shell Fuel Station…
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Kenya Airways (KQ) has shed light on why passengers aboard a half-empty flight are not allowed to switch seats.
KQ was responding to a British customer who asked why travelers aboard a London-bound KQ flight were prevented from moving to their preferred unoccupied seats.
“I’ve always flown @…
7
The World Bank has approved Kenya's request for a loan of Sh75 billion to support the 2019/2020 budget.
In a statement, the World Bank said the money will support the government's Big Four Agenda which prioritizes universal healthcare, affordable housing, manufacturing, and food security.
This…
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The Kenyan government has written to the World Bank requesting for a new loan of Sh75 billion.
The Business Daily reports that Kenya has described the loan as "Inclusive Growth and Fiscal Management Development Policy Financing."
National Treasury Cabinet Secretary Henry Rotich in a letter to the…
7
Kenya Airways CEO Sebastian Mikosz is set to step down from his position at the end of this year.
In an internal memo to the national carrier's staff, Mikosz, who was appointed to the position in June 2017, cited "personal grounds" as the reason for his resignation.
"It is my personal decision and…
2
Safaricom and its parent company, Vodacom have revealed plans to acquire the intellectual property rights of M-pesa service from British telecommunications firm Vodafone.
Speaking to Reuters on Thursday, Safaricom CEO Bob Collymore said negotiations are on-going with Vodafone for a deal worth £10.5…
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Safaricom CEO Bob Collymore has announced he will extend his stay at the giant telecommunications company beyond his current term.
Speaking to journalists on the sidelines of a meeting on Thursday, Collymore said he will remain at Safaricom for one more year.
“I am actually not going anywhere. I…
2
Alphabet Inc’s Google has cut business ties with Chinese phone manufacturer Huawei in what could be a major blow to the giant telecommunications firm.
The move means new designs of Huawei smartphones will not be able to access Google products such as Play Store, Gmail, and YouTube.
Google's…
6
The Kenya Bureau of Standards (Kebs) has banned the importation of used car spare parts into the country.
In a notice on Monday, the State agency says the ban affects 17 categories of second-hand automobile spare parts.
Kebs argues that the prohibition aims at facilitating the extinction of used…
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Individuals using smartphones running on Windows operating systems will not be able to access the messaging app, WhatsApp after December 31st, 2019.
In a notice on its mobile device support blog, WhatsApp says it will no longer develop for smartphones using Windows operating systems.
The app will…
