BUSINESS NEWS

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...
Kenya Airways and South African Airways Sign Code-Share Deal for African Travel
Kenya Airways and South African Airways Sign Code-Share Deal for Afric…
Kenya Airways (KQ) and South African Airways (SAA) have signed a codeshare agreement that opens… read more...
IMF Approves Sh28 Billion Loan for Kenya
IMF Approves Sh28 Billion Loan for Kenya
The International Monetary Fund (IMF) has approved the release of a $235.6 million (Sh28 billion)… read more...
AfDB Approves Sh18 Billion Loan for Construction of Nairobi-Mau Summit Highway
AfDB Approves Sh18 Billion Loan for Construction of Nairobi-Mau Summit…
The African Development Bank Group (AfDB) Board of Directors has approved financing of $150 million… read more...
IMF Ranks Kenya’s Business Environment as the Second Worst in the World
IMF Ranks Kenya’s Business Environment as the Second Worst in the Worl…
International Monetary Fund (IMF) has released a report ranking Kenya’s business environment as the… read more...
High Court Orders KRA to Reopen Keroche Breweries
High Court Orders KRA to Reopen Keroche Breweries
The High Court has ordered Kenya Revenue Authority (KRA) to immediately reopen Keroche Breweries… read more...
Kenya, US Launch a Strategic Trade and Investment Partnership
Kenya, US Launch a Strategic Trade and Investment Partnership
Kenya and the US have launched a Strategic Trade and Investment Partnership (STIP) to replace an… read more...
Cash-Strapped Moi University to Lay Off Hundreds of Workers
Cash-Strapped Moi University to Lay Off Hundreds of Workers
Moi University has announced plans to lay off hundreds of its workers as part of measures to cut… read more...
Kenya Eyes 482-kilometer Expressway to Connect Nairobi and Mombasa
Kenya Eyes 482-kilometer Expressway to Connect Nairobi and Mombasa
The government of Kenya has commenced talks to construct a 482-kilometer expressway that will… read more...
Wealthy Investors to be Given Idle Kenya Gov't Land for Large-Scale Farming
Wealthy Investors to be Given Idle Kenya Gov't Land for Large-Sca…
The Ministry of Agriculture says investors interested in idle government land to carry out large-… read more...
Kenya Signs a Deal to Import Cheaper Fuel from Saudi Arabia
Kenya Signs a Deal to Import Cheaper Fuel from Saudi Arabia
The imports will be used in providing strategic stocks for the country and cushion the country from… read more...
Kenya Airways Signs a Deal to Acquire 40 Flying Electric Taxis from Brazil
Kenya Airways Signs a Deal to Acquire 40 Flying Electric Taxis from Br…
Kenya Airways (KQ) has signed a deal with two Brazilian companies to acquire 40 flying electric… read more...
KRA Officials to Start Wearing Body Cameras in a Bid to Curb Bribery
KRA Officials to Start Wearing Body Cameras in a Bid to Curb Bribery
Kenya Revenue Authority (KRA) has announced that its officials will start using body-worn cameras… read more...
Keroche Breweries to Lay Off over 400 Workers Following Closure by KRA
Keroche Breweries to Lay Off over 400 Workers Following Closure by KRA…
Keroche Breweries has announced it will lay off over 400 employees following its closure by the… read more...
Kenya Listed Among WorldRemit’s Top Markets in Africa
Kenya Listed Among WorldRemit’s Top Markets in Africa
London-based global digital payments giant WorldRemit has named Kenya among its top African markets… read more...
KRA Shuts Down Keroche Breweries Again in Renewed Tax Dispute
KRA Shuts Down Keroche Breweries Again in Renewed Tax Dispute
The Kenya Revenue Authority (KRA) has once again shut down Keroche Breweries Limited over tax… read more...
Kenya, US Agree to Expedite Trade Discussions
Kenya, US Agree to Expedite Trade Discussions
Trade representatives from Kenya and the United States on Monday held further discussions aimed at… read more...
Kenya to Resume Miraa Exports to Somalia After a Two-Year Ban
Kenya to Resume Miraa Exports to Somalia After a Two-Year Ban
Kenya is set to resume miraa exports to Somalia this month following the lifting of a two-year ban… read more...
Court Bars KCB Bank from Seizing Lavish English Point Marina Hotel over Sh4.8 Billion Debt
Court Bars KCB Bank from Seizing Lavish English Point Marina Hotel ove…
The High Court has stopped the Kenya Commercial Bank (KCB) from seizing the luxurious English Point… read more...
Safaricom and Visa Launch MPesa GlobalPay Visa Virtual Card
Safaricom and Visa Launch MPesa GlobalPay Visa Virtual Card
Safaricom and American digital payments company Visa have signed a deal that will allow MPesa… read more...
Raila Pledges to Ban Mitumba Clothes If Elected President
Raila Pledges to Ban Mitumba Clothes If Elected President
Azimio La Umoja-One Kenya coalition presidential candidate Raila Odinga has revealed plans to ban… read more...
Pwani Oil Shuts Down Cooking Oil Plant Due to Shortage of US Dollars
Pwani Oil Shuts Down Cooking Oil Plant Due to Shortage of US Dollars
Pwani Oil has temporarily shut down its cooking oil plant due to a shortage of raw materials which… read more...
Meta Appoints Kenyan Kendi Ntwiga as Global Head of Misrepresentation
Meta Appoints Kenyan Kendi Ntwiga as Global Head of Misrepresentation
Kenyan IT business leader Kendi Ntwiga has been appointed the Global Head of Misrepresentation at… read more...
Nairobi Expressway Users Warned Against Paying Toll Fees to Attendants Via MPesa
Nairobi Expressway Users Warned Against Paying Toll Fees to Attendants…
The operator of the Nairobi Expressway has warned motorists against paying toll fees to toll… read more...
Kenyan Catherine Muraga Appointed Microsoft's African Development Center Managing Director
Kenyan Catherine Muraga Appointed Microsoft's African Development…
American tech giant Microsoft Corporation has appointed Kenyan Catherine Muraga as the new Managing… read more...
KCB Seizes Luxurious English Point Marina Hotel over Sh5.2 Billion Debt
KCB Seizes Luxurious English Point Marina Hotel over Sh5.2 Billion Deb…
The Kenya Commercial Bank (KCB) has taken over the luxurious English Point Marina Hotel in Mombasa… read more...
HELB to Borrow Sh22 Billion to Fund Laptop Purchases for University Students
HELB to Borrow Sh22 Billion to Fund Laptop Purchases for University St…
The Higher Education Loans Board (HELB) is set to borrow Sh22 billion through a bond to fund the… read more...
Relief for Kenyans as MPs Reject New Taxes on Maize and Wheat Flour, Boda Bodas
Relief for Kenyans as MPs Reject New Taxes on Maize and Wheat Flour, B…
The National Assembly Finance and National Planning Committee has rejected the Treasury’s bid to… read more...