BUSINESS NEWS

Completion of Standard Gauge Railway Phase II in Limbo as Chinese Bank Cuts Sh32 Billion Funding
Completion of Standard Gauge Railway Phase II in Limbo as Chinese Bank…
The completion of phase II of the Standard Gauge Railway now hangs in the balance after the… read more...
Kenyan Delegation Markets Upcoming Nonstop Flights in the US
Kenyan Delegation Markets Upcoming Nonstop Flights in the US
A delegation of Kenyan officials traveled to the United States to market Kenya as a tourist… read more...
SGR Passenger Train Madaraka Express Nets Sh530 Million in Six Months
SGR Passenger Train Madaraka Express Nets Sh530 Million in Six Months
The Standard Gauge Railway's commuter train, Madaraka Express netted Sh530 million from passenger… read more...
Kenya's Best Paying Sectors Named
Kenya's Best Paying Sectors Named
The Economic Survey 2018 has named financial services as the best paying sector in Kenya last year… read more...
Kenyan Car Maker Mobius Receives Sh500 Million from US Gov't to Build Factory
Kenyan Car Maker Mobius Receives Sh500 Million from US Gov't to B…
The United States has issued a Sh500 million loan to Kenyan car manufacturer, Mobius to enable it… read more...
JKIA Set for a Key Security Audit by US Authorities in Nonstop Flights Plan
JKIA Set for a Key Security Audit by US Authorities in Nonstop Flights…
United States airport authorities will next month carry out a security audit on Jomo Kenyatta… read more...
Kenyan Tech Start-ups Selected for Google Training Program
Kenyan Tech Start-ups Selected for Google Training Program
Two Kenyan technology startups Pezesha and Flex Pay have made it to the list of firms that will… read more...
From Sh5 Fee to Assets Worth Billions: The Success Story of a Kericho-Based Sacco
From Sh5 Fee to Assets Worth Billions: The Success Story of a Kericho-…
Over the years, Imarisha Cooperative Savings & Credit Society Limited has grown to become one… read more...
Nairobi's Famous Kiamaiko Slaughterhouse Shut Down By Environment Watchdog
Nairobi's Famous Kiamaiko Slaughterhouse Shut Down By Environment…
Traders at the famous Kiamaiko slaughterhouse in Nairobi will have to bear the brunt after it were… read more...
'Hustler' DP William Ruto Returns to Kambi Ya Kuku Where He Once Sold Chicken to Motorists, Launches Chicken Auction
'Hustler' DP William Ruto Returns to Kambi Ya Kuku Where He…
Deputy President William Ruto on Saturday launched a chicken auction at Kamagut, Uasin Gishu county… read more...
President Uhuru Woos Investors in London
President Uhuru Woos Investors in London
President Uhuru Kenyatta has promised to expedite the process of setting up of an arbitration… read more...
Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of County Cash
Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of C…
Nairobi County has for a fifth year in a row received the lion's share of the Sh314 billion… read more...
Nairobi Governor Mike Sonko to Fly Out 300 Hawkers, Boda-Boda Operators for a Bench-marking Tour Abroad
Nairobi Governor Mike Sonko to Fly Out 300 Hawkers, Boda-Boda Operator…
The Nairobi County Government has announced plans to fly out 300 hawkers, boda boda and matatu… read more...
We've Learnt Our Lessons: President Uhuru Endorses Plans to End Cheap Loans for Kenyans
We've Learnt Our Lessons: President Uhuru Endorses Plans to End C…
Plans to review the interest rates cap law has received a backing from President Kenyatta, who… read more...
President Uhuru Rings the Bell to Open Shares Trading at London Stock Exchange
President Uhuru Rings the Bell to Open Shares Trading at London Stock…
President Uhuru was on Tuesday privileged to open trading at the London Stock Exchange by ringing… read more...
Best Companies to Work for in Kenya
Best Companies to Work for in Kenya
Safaricom has been named as the best company to work for in Kenya in a new report compiled by… read more...
Safaricom CEO Bob Collymore Eyes Return after Improved Health Status
Safaricom CEO Bob Collymore Eyes Return after Improved Health Status
Safaricom Chief Executive Officer Bob Collymore has given an update about his health status. In a… read more...
Court Rules that Muratina Isn't an Illicit Liquor
Court Rules that Muratina Isn't an Illicit Liquor
The court has ruled that brewing and consuming muratina during traditional ceremonies is not… read more...
Kenya Edges Closer to Direct Flights to the US
Kenya Edges Closer to Direct Flights to the US
Kenya Airways (KQ) is edging closer to nonstop flights to the United States following recent… read more...
Outrage as Parking Fees at JKIA are Hiked
Outrage as Parking Fees at JKIA are Hiked
Parking fees for motorists dropping and picking up travellers at the Jomo Kenyatta International… read more...
Facebook Deepens User Data Mining in Kenya
Facebook Deepens User Data Mining in Kenya
It has now emerged that Facebook is collecting additional citizen data beyond its users using the… read more...
Safaricom Signs Deal Allowing Direct Mpesa-PayPal Cash Transactions
Safaricom Signs Deal Allowing Direct Mpesa-PayPal Cash Transactions
Safaricom has signed a deal with global online cash transfer platform PayPal. The partnership paves… read more...
Gov't Puts Ekeza Sacco Under Liquidation
Gov't Puts Ekeza Sacco Under Liquidation
In a bid to save thousands of Kenyans from losing billions of money invested in Ekeza Sacco, the… read more...
Africa’s Richest Billionaire Aliko Dangote Says Corruption Stopped Him from Investing Sh100 Billion in Kenya
Africa’s Richest Billionaire Aliko Dangote Says Corruption Stopped Him…
Africa’s richest man Aliko Dangote has revealed why he decided to abandon plans to expand his vast… read more...
Gov't to Deploy 50 Additional NYS Buses to Ferry Nairobi Commuters During Rush Hours
Gov't to Deploy 50 Additional NYS Buses to Ferry Nairobi Commuter…
The government has announced it will deploy more National Youth Service (NYS) buses in the ongoing… read more...
Stima Sacco Announces 14 Percent Dividend Payout, 12 Percent Rebate after Growth in Profits
Stima Sacco Announces 14 Percent Dividend Payout, 12 Percent Rebate af…
Members of the Stima Sacco are set to receive a 14 per cent dividend and a 12 per cent rebate on… read more...
Kenyan Businessman Charged with Tax Evasion Amounting to Sh15 Billion
Kenyan Businessman Charged with Tax Evasion Amounting to Sh15 Billion
Businessman Keval Kumar was on Thursday arraigned before Makadara Chief Magistrates Court where he… read more...
Ban on Charcoal Spoiling the Party for Nyama Choma Lovers in Kenya
Ban on Charcoal Spoiling the Party for Nyama Choma Lovers in Kenya
Kenyan traders have began to feel the pinch following the recent announcement of one month ban on… read more...
Nairobi Residents Loot Sh200 Million of Nakumatt's Stock after Dramatic Eviction
Nairobi Residents Loot Sh200 Million of Nakumatt's Stock after Dr…
Struggling Kenyan retail chain Nakumatt is counting losses of up to Sh200 million after its stock… read more...
Sonko's Administration Nets a One-Day Record Sh120 Million in Revenue on Thursday
Sonko's Administration Nets a One-Day Record Sh120 Million in Rev…
The Nairobi County Government on Thursday  netted a record daily revenue of Sh120 million through… read more...