BUSINESS NEWS
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Kenya Airways is set to assume the running of daily operations of Jomo Kenyatta International Airport (JKIA) from Kenya Airports Authority (KAA).
Speaking to the press, Kenya Airways Chief Executive Officer (CEO) Sebastian Mikosz said the takeover of JKIA operations was part of the airline’s…
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Kenyans transacting more than half-a-million shillings can now have a reason to smile after Members of Parliament on Thursday turned down a proposal that sought to impose a 0.05 per cent tax.
MPs voted to reject the excise duty tax commonly referred to as the Robin Hood proposed by Treasury Cabinet…
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Kenya Airways has recorded a loss of Sh4 billion in the first six months of 2018, representing a 30 percent improvement from the Sh5.7 billion posted in the same period the previous year.
The airline’s revenue grew to Sh52.1 billion in the half -year of 2018 from Sh50 billion in the same period in…
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The United States government has granted Jomo Kenyatta International Airport (JKIA) the Last Point of Departure (LPD) clearance.
This clearance paves the way for airlines to fly directly from JKIA to any destination in the United States.
This also means that national carrier, Kenya Airways is now…
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President Uhuru Kenyatta on Monday held successful talks with top American business leaders in Washington, DC.
During the meeting with business executives of leading US companies operating under the Business Council for International Understanding (BCIU), Kenyatta sought to sell Kenya as an…
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The World Bank has regained its grip as Kenya's leading creditor after earlier being overtaken by China.
This comes after Kenya borrowed Sh54 billion from the Washington DC-based in three months this year, helping it to regain its position as the country's biggest creditors.
A new report by the…
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British Prime Minister Theresa May is this week expected to visit Kenya as part of her three-nation tour to Africa that will also see her land in South Africa and Nigeria.
May is set to be the first British Prime Minister to visit Sub-Saharan Africa since 2013 and the first to come to Kenya in more…
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A Kenyan non-governmental organisation is set to receive this year's Sh200 million donor funding from a US-based non-profit organisation, Conrad N. Hilton Humanitarian.
Shining Hope for Communities (SHOFCO) which offers community-led services in six slum and poor areas in Nairobi and Mombasa, will…
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Jubilee Insurance has been placed on the spot for allegedly sacking a female employee over pregnancy.
The insurance firm is said to have illegally terminated former head of corporate communications Victoria Miguda's contract in the name of redundancy after she became pregnant.
Through Echessa and…
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Detectives from the Directorate of Criminal Investigations (DCI) arrested four employees for allegedly stealing Sh72.6 million from Kenya Commercial Bank (KCB).
In a statement, DCI boss George Kinoti said the four were arrested over the weekend and will be arraigned in court to face fraud-related…
