BUSINESS NEWS
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A delegation of Kenyan officials traveled to the United States to market Kenya as a tourist destination as well as the upcoming nonstop flights between Nairobi and New York.
The team, led by Kenya Airways Chief Executive Sebastian Mikosz, met various transport and tourism stakeholders in the US,…
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The Standard Gauge Railway's commuter train, Madaraka Express netted Sh530 million from passenger travel in 2017, pushing Kenya Railways' net profit to Sh700 million.
This was up from the Sh134 million generated in 2016, representing a 60 percent increase in income for the railway operator.…
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The Economic Survey 2018 has named financial services as the best paying sector in Kenya last year.
The survey, which was released on Wednesday shows that employees in the water supply, sewerage and waste management earned the lowest average wages.
The survey found out that workers in the finance…
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The United States has issued a Sh500 million loan to Kenyan car manufacturer, Mobius to enable it build a new plant.
Mobius said the loan by the US government’s development finance institution Overseas Private Investment Corporation (Opic) will be used to equip its new factory in Nairobi with new…
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United States airport authorities will next month carry out a security audit on Jomo Kenyatta International Airport (JKIA) in a scrutiny that will have a bearing on nonstop flights plan between Nairobi and New York.
If cleared, JKIA will be granted the Last Point of Departure (LDP) status, paving…
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Two Kenyan technology startups Pezesha and Flex Pay have made it to the list of firms that will benefit from a program by global technology company Google.
The two have been picked for Google Launchpad Accelerator Africa, a program that provides skills training and mentorship for technology-based…
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Over the years, Imarisha Cooperative Savings & Credit Society Limited has grown to become one of the most successful Saccos in the country. The Kericho-based savings and credit society was started in 1978 under the name Kipsigis Teachers’ Sacco, with an initial membership of about 100.
At first…
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Traders at the famous Kiamaiko slaughterhouse in Nairobi will have to bear the brunt after it were shutdown by the environment agency.
On Monday, the National Environmental Management Agency (Nema) announced it had closed down the abattoir, citing failure to comply with environment regulations,…
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Deputy President William Ruto on Saturday launched a chicken auction at Kamagut, Uasin Gishu county, the place where he spent his youthful years hawking chicken to motorists.
Speaking at Kambi Kuku during the launch of the first chicken auction in the country, Ruto pledged to support the youth…
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President Uhuru Kenyatta has promised to expedite the process of setting up of an arbitration centre in Nairobi in a bid to attract investors who lament of delays in the Judiciary.
On the sidelines of the Commonwealth Heads of Government Summit in London, United Kingdom, the President sold his…
