BUSINESS NEWS

President Ruto Directs KRA to Collect Sh3 Trillion in the Next Financial Year
President Ruto Directs KRA to Collect Sh3 Trillion in the Next Financi…
President Ruto says Kenya Revenue Authority (KRA) must establish a strong and transparent system… read more...
Kenya Airways Threatens to Fire Pilots Taking Part in Next Week’s Strike
Kenya Airways Threatens to Fire Pilots Taking Part in Next Week’s Stri…
Kenya Airways (KQ) has threatened to fire pilots who will participate in next week’s strike after… read more...
Raila and Karume Families Fail to Claim Idle Assets Worth Millions of Shillings
Raila and Karume Families Fail to Claim Idle Assets Worth Millions of…
The family of opposition leader Raila Odinga is among 225 Kenyans who have failed to claim assets… read more...
Ruto: US Has Overtaken the UK as Kenya's Premier Trading Partner
Ruto: US Has Overtaken the UK as Kenya's Premier Trading Partner
President Ruto has said the United States has overtaken the United Kingdom to become Kenya's… read more...
Hustler Fund: President Ruto Pledges Single-digit Interest Rate Loans by December
Hustler Fund: President Ruto Pledges Single-digit Interest Rate Loans…
President Ruto has announced that the Hustler Fund, which will provide collateral-free loans at… read more...
China Fines Kenya Sh1.31 Billion for SGR Loans Default
China Fines Kenya Sh1.31 Billion for SGR Loans Default
Kenya's problems with ballooning public debt became clear after the country defaulted on payment of… read more...
City Hall Halts Plan to Shut Down 43 Noisy Nightclubs in Nairobi
City Hall Halts Plan to Shut Down 43 Noisy Nightclubs in Nairobi
The Nairobi County government has halted plans to revoke the licenses of 43 nightclubs and bars… read more...
Appeals Court Allows KCB to Seize Lavish English Point Marina Over Sh5.2 Billion Debt
Appeals Court Allows KCB to Seize Lavish English Point Marina Over Sh5…
Kenya Commercial Bank (KCB) has seized the luxurious English Point Marina in Mombasa for a second… read more...
President Ruto Calls for a Borderless East African Community to Boost Trade
President Ruto Calls for a Borderless East African Community to Boost…
President Ruto has renewed calls for free trade within the East African Community (EAC), saying… read more...
Implementation of Sh5.6 Billion BRT System on Thika Road Stalls
Implementation of Sh5.6 Billion BRT System on Thika Road Stalls
The completion of the Nairobi Bus Rapid Transport (BRT) system on Thika Superhighway is taking… read more...
Kenya Airways Ranked 4th Best Airline in Africa, 81st Globally
Kenya Airways Ranked 4th Best Airline in Africa, 81st Globally
Kenya Airways (KQ) has dropped three places in the latest ranking of the top 100 airlines in the… read more...
Kenya Airways Responds to Deputy President Gachagua's Claims of State Capture
Kenya Airways Responds to Deputy President Gachagua's Claims of S…
Kenya Airways (KQ) has responded to Deputy President Rigathi Gachagua’s claims that the airline is… read more...
Kenya Lifts Ban on Importation and Cultivation of GMO Crops
Kenya Lifts Ban on Importation and Cultivation of GMO Crops
The government has lifted the ban on Genetically Modified Crops (GMO) that has been in existence… read more...
Raila’s ODM Richest Political Party in Kenya, Worth Sh10 Billion
Raila’s ODM Richest Political Party in Kenya, Worth Sh10 Billion
The Orange Democratic Movement (ODM) party is worth Sh10 billion, making it the richest political… read more...
Safaricom, Banks Lower Fuliza Daily Charges By Up to 40 Percent
Safaricom, Banks Lower Fuliza Daily Charges By Up to 40 Percent
Overdraft service Fuliza has cut daily charges by up to 40 percent in a move aimed at encouraging… read more...
US Overtakes Uganda to Become the Largest Market for Kenyan Goods
US Overtakes Uganda to Become the Largest Market for Kenyan Goods
The United States has overtaken Uganda to become the largest market for Kenyan goods, according to… read more...
President Ruto Invites US Business Community to Invest in Kenya
President Ruto Invites US Business Community to Invest in Kenya
President Ruto has promised a business-friendly policy to spur Foreign Direct Investments (FDI)… read more...
President Ruto Decries Kenya’s Poor Saving Culture
President Ruto Decries Kenya’s Poor Saving Culture
President Ruto has called for urgent measures to address Kenya’s poor saving culture. Ruto, who… read more...
Nairobi Ranked Fifth in African Cities with Most Dollar Millionaires
Nairobi Ranked Fifth in African Cities with Most Dollar Millionaires
A new report has ranked Nairobi among the cities with the highest number of dollar millionaires in… read more...
Kenya Seeks a Temporary Pact with the US Ahead of Full Free Trade Agreement
Kenya Seeks a Temporary Pact with the US Ahead of Full Free Trade Agre…
Kenya is currently seeking a placeholder trade partnership with the United States as negotiations… read more...
US, Uganda and UK Lead Kenya Tourist Arrivals
US, Uganda and UK Lead Kenya Tourist Arrivals
The United States has maintained its position as the leading source of international tourists to… read more...
12 Kenyan Startups Selected for Sh480 Million Google Fund
12 Kenyan Startups Selected for Sh480 Million Google Fund
12 Kenyan start-ups have been selected for this year’s $4 million (Sh481.2 million) Google for… read more...
Kenya Airways Set to Resume Daily Direct Flights to the US
Kenya Airways Set to Resume Daily Direct Flights to the US
Kenya Airways (KQ) has announced it will resume daily direct flights on the Nairobi-New York route… read more...
Jubilee Party Headquarters Building Put Up for Auction
Jubilee Party Headquarters Building Put Up for Auction
Emani Business Centre, the building that houses Jubilee Party headquarters has been set up for… read more...
Safaricom Poaches Cynthia Karuri-Kropac from US-Based AT&T
Safaricom Poaches Cynthia Karuri-Kropac from US-Based AT&T
Safaricom has poached Cynthia Karuri-Kropac from American telco AT&T Inc. to be its new Chief… read more...
Microsoft Appoints Phyllis Migwi as Kenya Country Manager
Microsoft Appoints Phyllis Migwi as Kenya Country Manager
American tech giant Microsoft has appointed Phyllis Migwi as its new Kenya Country Manager. Migwi… read more...
UK Protests Kenya's Move to Ban Second-hand Buses and Trucks
UK Protests Kenya's Move to Ban Second-hand Buses and Trucks
The United Kingdom has protested Kenya’s plan to ban the importation of second-hand passenger buses… read more...
Kenya Exports Miraa Worth Sh220 Million to Somalia in Four Days
Kenya Exports Miraa Worth Sh220 Million to Somalia in Four Days
Kenya exported miraa worth Sh221 million in four days following the resumption of the crop’s export… read more...
Kenyan Entrepreneur Steve Mark Named Most Influential Youth Leader in Dubai
Kenyan Entrepreneur Steve Mark Named Most Influential Youth Leader in…
Kenyan entrepreneur Mark Steve Nuguti was among the leaders feted during the just-concluded Pan… read more...
Equity Bank Inks a Diaspora Remittances Deal with NALA Payments
Equity Bank Inks a Diaspora Remittances Deal with NALA Payments
Equity Bank Kenya and NALA Payments Limited have signed a partnership aimed at facilitating… read more...