BUSINESS NEWS

US-Based NGO Petitions 'Mitumba' Ban by Kenya and EAC
A US-based lobby group has filed a petition with American trade authorities challenging Kenya’s… read more...
Mexico Denies Selling Maize to Kenya
Mexico Denies Selling Maize to Kenya
In a fresh twist of events surrounding the importation of maize in Kenya to ease the current… read more...
BBC to Set Up Sh1 Billion MultiMedia Production Studio in Nairobi
The British Broadcasting Corporation (BBC) has announced that it will be investing nearly $10… read more...
Safaricom Launches New 'M-Pesa 1 Tap' Splution
Safaricom Launches New 'M-Pesa 1 Tap' Solution
Kenya’s leading Mobile services provider Safaricom has launched tests on a new M-Pesa tool that… read more...
Trump's Aid Cuts to Hurt Kenya
Trump's Aid Cuts to Hurt Kenya
A proposal by President Donald Trump to have the United States reduce its foreign aid by 30 per… read more...
Safaricom Net Profit Rises to Sh48 Billion, to Pay Out Sh38 Billion in…
Kenyan telecommunications giant Safaricom on Wednesday announced a Sh48 billion net profit for the… read more...
Kenya Commercial Bank to Close South Sudan Branches
Kenya Commercial Bank (KCB) will be closing several of its branches in war tone South Sudan as a… read more...
Kenya Airways Hires Polish CEO to Spearhead Recovery
Kenya Airways has hired a Polish to spearhead the national carrier’s reversal plan following a… read more...
Dubai, the 'Playground' for Kenyans
Dubai has been named one of the leading destinations of choice for more than 15 million visitors… read more...
Direct Flights to US to Boost Kenya's Flower Exports
The Kenya Flower Council (KFC) is positive that the transport costs for flowers will lower by half… read more...
NGO Oversight Body Freezes Kalonzo Musyoka Foundation's Accounts…
Kenya’s Non-Governmental Organization Coordination Board has suspended the operations of Kalonzo… read more...
Kenya Foreign Affairs Cabinet Secretary Woos US to Strengthen Trade Ti…
Kenya Foreign Affairs Cabinet Secretary Amina Mohamed has embarked on a campaign aimed at… read more...
Kenya-US Security Pact Advances Plans for Direct Flights
A Memorandum of Understanding (MoU) that seeks to strengthen the security of Kenya and the United… read more...
US State Agency in Pact to Fund Kenya Power Projects
The US Government has improved funding to Kenya’s energy sector following a pact entered between… read more...
Switzerland Recovers Sh200 Million Anglo Leasing Loot, to Refund to Kenya
Switzerland Recovers Sh200 Million Anglo Leasing Loot, to Refund to Ke…
The Swiss government has announced that it will be confiscating assets worth Ksh200 million related… read more...
Kenya Discovers More Oil
A company contracted by Kenya to drill oil in Turkana, Tullow Oil has announced that it has… read more...
Kenya Woos Top US Cruise Line in a Bid to Attract American Tourists to…
Kenya has embarked on a campaign to woe a California-based operator of luxury cruise ships,… read more...
Qatar Airways to Launch Direct Flights to Mombasa
Middle-East giant airline, Qatar Airways will be launching direct flights Doha and Kenyan coastal… read more...
World Bank Projects Kenya Economy to Grow at 5.5 Percent
The World Bank projects the Kenyan economy to grow at 5.5 percent in 2017; this is down from 6… read more...
Safaricom Offers Free MPesa Services for 24 Hours as Compensation for…
Safaricom has announced that it will offer free MPesa services for 24 hours starting at midnight… read more...
KCB to Retrench 1,000 Employees
Kenya Commercial Bank (KCB) has announced that it has kicked off a process that will see over 1000… read more...
Kenya Warned against Shutting Down Internet
Kenya has been warned against Internet shutdown during the elections period as it could face tough… read more...
French State Broadcaster Eyes Kenyan Television Market
French state broadcaster France Medias Monde has expressed its interests to enter into the… read more...
Kenya Rugby Union Opposes Stiff Taxation on Betting Firms
The Kenya Rugby Union has expressed fears that the 50 per cent taxation imposed on betting firms by… read more...
Nairobi Tops Fortune 500 Prized Rating
Nairobi has been named as the most attractive city in Middle East and Africa (MEA) for global… read more...
President Uhuru, Governor Kidero Honor 104-Year-Old Pioneer Businessma…
President Uhuru Kenyatta and Nairobi Governor Evans Kidero on Saturday honored pioneer businessman… read more...
Michael Joseph Appointed to the Board of a South African Technology Fi…
Former Safaricom CEO Micahel Joseph has been appointed to the board of MFS Africa, a South African… read more...
Kenyans Warned to Avoid Investing in Ponzi-Like Schemes
Kenyans have been warned against investing their hard-earned money in Ponzi-like investment schemes… read more...
Kidero Presents Pioneering Nairobi Businessman Gerald Gikonyo with Key…
Nairobi tycoon Mr. Gerald Gikonyo was on Thursday honored with Keys to the City by Nairobi Governor… read more...
Kenyans Holding Assets Abroad Given until June, 2018 to Declare them
The Kenya Revenue Authority (KRA) has opened an amnesty period to Kenyans holding assets abroad and… read more...