BUSINESS NEWS

Nairobi Securities Exchange Loses Sh50 Billion in 10 Minutes Following Supreme Court Ruling
Nairobi Securities Exchange Loses Sh50 Billion in 10 Minutes Following…
About Sh50 billion was lost in 10 minutes on Friday after trading at Nairobi Security Exchange (NSE… read more...
Communications Authority Slaps Sh270 Million Fine on Safaricom over Poor Calls Service
Communications Authority Slaps Sh270 Million Fine on Safaricom over Po…
The Communications Authority (CA) has slapped three mobile service operators with a collective fine… read more...
Memo to Kenyans in Diaspora: KRA to Deactivate Idle PINs on August 31st
Memo to Kenyans in Diaspora: KRA to Deactivate Idle PINs on August 31s…
The Kenya Revenue Authority has announced that it will deactivate all PIN accounts which are yet to… read more...
Facebook Cuts Down Charges on Kenya Wifi Hotspots by 35 Percent
Facebook Cuts Down Charges on Kenya Wifi Hotspots by 35 Percent
US technology giant Facebook has cut down the charges on Internet services in Kenya by an average… read more...
Safaricom Announces 4-Hour M-Pesa Outage
Safaricom Announces 4-Hour M-Pesa Outage
Kenya's giant telecommunication firm Safaricom has notified its MPesa mobile money transfer service… read more...
US Energy Firm Enters Kenya in Solar Power Supply Deal
US Energy Firm Enters Kenya in Solar Power Supply Deal
US firm CrossBoundary Energy has entered into a partnership with British-based Solarcentury to roll… read more...
Ousted One-Term MPs Set to Each Walk Away with Sh18.8 Million Pension Payoff
Ousted One-Term MPs Set to Each Walk Away with Sh18.8 Million Pension…
Kenyans are set to bear the a heavy burden of sh 18.8 million pension payoff for each of the 196… read more...
Facebook Switches on 600 Wi-Fi Hotspots in Kenyan Towns
Facebook Switches on 600 Wi-Fi Hotspots in Kenyan Towns
Facebook has switched on its low-cost Internet in more than 600 hotspots across the country since… read more...
US Trade Agency Contracts Kenyan Firm in Multi-Billion Electricity Plan
US Trade Agency Contracts Kenyan Firm in Multi-Billion Electricity Pla…
A Kenyan firm has been chosen by a United States trade agency to carry out a feasibility study on a… read more...
US Firm Wins Sh230 Billion Nairobi-Mombasa High Speed Superhighway Project
US Firm Wins Sh230 Billion Nairobi-Mombasa High Speed Superhighway Pro…
Kenya has contracted a US-based firm to construct a multi-billion Nairobi to Mombasa high speed… read more...
US Scouts for Green Energy Projects in Kenya
US Scouts for Green Energy Projects in Kenya
The United States government is looking to fund renewable energy projects in Kenya and across… read more...
4.8 Million Kenyans on the Verge of Losing their KRA PIN Numbers
4.8 Million Kenyans on the Verge of Losing their KRA PIN Numbers
Over 4.8 million Kenyans are on the cusp of having their Kenya Revenue Authority (KRA) Personal… read more...
US Tells Kenya to Rethink Ban on Second Hand Clothes Imports
US Tells Kenya to Rethink Ban on Second Hand Clothes Imports
A senior US trade official has urged Kenya the other East African Community countries Uganda and… read more...
Asia's Richest Man Jack Ma Makes First Investment in Kenya
Asia's Richest Man Jack Ma Makes First Investment in Kenya
Kenya is set to benefit from the visit of Asia’s richest man Jack Ma, who visited Kenya two weeks… read more...
Kisumu International Airport New Weather Kit Boosts US Direct Flights Plan
Kisumu International Airport New Weather Kit Boosts US Direct Flights…
A Sh200 million Automated Weather Observation System (AWOS) has been installed at the Kisumu… read more...
US Firm to Give Kenyans Access to Online Agricultural Data
US Firm to Give Kenyans Access to Online Agricultural Data
A United States firm, Heifer International has unveiled a program that will provide more… read more...
Uber to Give Free Rides to the Disabled to Get to Polling Stations
Uber to Give Free Rides to the Disabled to Get to Polling Stations
Uber has announced that it will be offering free transport to persons living with disabilities in… read more...
ABC Bank Launches new Anti-money Laundering Software
ABC Bank Launches new Anti-money Laundering Software
ABC Bank has unveiled a new anti-money laundering software known as OMNIEnterprise as global… read more...
UK Opens Probe into BAT Scandal Involving Martha Karua and Moses Wetang'ula
UK Opens Probe into BAT Scandal Involving Martha Karua and Moses Wetan…
Authorities from the United Kingdom have launched investigations into claims that cigarette maker… read more...
Tourism Industry to Reap Big from Asias's Richest Man, Jack Ma Tour to Kenya
Tourism Industry to Reap Big from Asias's Richest Man, Jack Ma To…
Kenya is likely to receive increased international tourist arrivals from China starting in… read more...
Google to Train Kenyans on Online Skills
Google to Train Kenyans on Online Skills
Alphabet’s Google Chief Executive Officer has announced plans to train Kenyans to equip them with… read more...
Kenya Airways Faces Flights Disruption
Kenya Airways Faces Flights Disruption
Kenya Airways says that most of its flights could be cancelled or delayed as a result of… read more...
Kenyan-Made New Mobius Car Model to Cost Sh1.3 Million
Kenyan-Made New Mobius Car Model to Cost Sh1.3 Million
Kenyan car manufacturer Mobius Motors has announced it will be launching a second and improved… read more...
Brookside among 20 Companies Blocked by Tanzania in Export Row
Brookside among 20 Companies Blocked by Tanzania in Export Row
Brookside Dairy, a company connected to President Uhuru Kenyatta's family is among 20 Kenyan… read more...
Tanzania Blocks Kenyatta, JKUAT Universities from Admitting Students
Tanzania Blocks Kenyatta, JKUAT Universities from Admitting Students
Two Kenyan universities are among 19 higher learning institutions that have been blocked by… read more...
Harvard, Aga Khan University Partner to Offer Special Courses to Kenyans
Harvard, Aga Khan University Partner to Offer Special Courses to Kenya…
US Ivy League institution Harvard University has entered into a partnership with Aga Khan… read more...
Investigations Show Stolen USAid Free HIV Drugs Being Sold in Nairobi
Investigations Show Stolen USAid Free HIV Drugs Being Sold in Nairobi
An investigation by a Kenyan media outlet has revealed that rent-seeking government officers in… read more...
US Software Firm Oracle Set to Generate Jobs for Kenyans
US Software Firm Oracle Set to Generate Jobs for Kenyans
US giant software firm Oracle has announced that it will provide an undisclosed number of… read more...
M-Pesa Boss Quits Safaricom One Year after Taking Office
M-Pesa Boss Quits Safaricom One Year after Taking Office
Kenya's giant telecommunication firm Safaricom says that it has parted ways with M-Pesa boss Ronald… read more...
Air France Resumes Operations to Nairobi after 18-Year Hiatus
Air France Resumes Operations to Nairobi after 18-Year Hiatus
Air France has announced that it will be resuming operations between Paris and Nairobi beginning… read more...