BUSINESS NEWS

Russian Who Swindled Millions of Shillings from Kenyans Passes Away
Russian Who Swindled Millions of Shillings from Kenyans Passes Away
Sergey Mavrodi, a convicted Russian fraudster who operated a web-based pyramid scheme that swindled… read more...
Kenya Airways to Launch a Special Economy Class for its Customers
Kenya Airways to Launch a Special Economy Class for its Customers
Kenya Airways (KQ) has revealed plans of launching a special Economy class for clients flying on… read more...
Safaricom Announces Disruption of Key Services Including International Calls
Safaricom Announces Disruption of Key Services Including International…
Kenya's giant mobile service provider Safaricom has announced a major disruption of its key… read more...
10 Richest, 10 Poorest Counties in Kenya
10 Richest, 10 Poorest Counties in Kenya
A new report released by the Kenya National Bureau of Statistics (KNBS) has ranked the richest and… read more...
Governor Mike Sonko in Fresh Bid to Ban Matatus from Nairobi CBD
Governor Mike Sonko in Fresh Bid to Ban Matatus from Nairobi CBD
The Nairobi County Government is set to launch a fresh bid to ban public service vehicles (PSVs)… read more...
Kenya Airways Recalls Leased Dreamliner Aircraft to be Used for Maiden US Nonstop Flights
Kenya Airways Recalls Leased Dreamliner Aircraft to be Used for Maiden…
Kenya Airways (KQ) continues to make preparations for the launch of the much anticipated direct… read more...
Retired President Mwai Kibaki Regains Control of Multi-Million Shilling Company
Retired President Mwai Kibaki Regains Control of Multi-Million Shillin…
Retired President Mwai Kibaki has regained the control of a multi-million shilling company… read more...
Uber Seeks Government License to Test Flying Taxis in Kenya
Uber Seeks Government License to Test Flying Taxis in Kenya
US-based technology firms Facebook and Uber are seeking to test drone activities in Kenya following… read more...
Kenya Airways Registers Sh6.1 Billion Loss
Kenya Airways Registers Sh6.1 Billion Loss
Kenya Airways has announced a Sh6.1 billion net loss for the nine month period running to December… read more...
US Firm Lobbies for Sh300 Billion Nairobi-Mombasa Expressway Contract
US Firm Lobbies for Sh300 Billion Nairobi-Mombasa Expressway Contract
US construction company Bechtel is eyeing Sh300 billion contract to build an expressway between… read more...
Kenya Tourism Board Officials Conduct Roadshow in US, Canada to Sell Kenya as a Tourist Destination
Kenya Tourism Board Officials Conduct Roadshow in US, Canada to Sell K…
Kenya Tourism Board (KTB) officials have conducted a series of visits to different cities in the… read more...
Gov't Increases SGR Passenger Train Fare Between Nairobi and Mombasa
Gov't Increases SGR Passenger Train Fare Between Nairobi and Momb…
Kenyans traveling between Nairobi and Mombasa using the Standard Gauge Railway (SGR) passenger… read more...
Facebook Suspends Account of Data Mining Firm Linked to Uhuru, Trump Campaigns
Facebook Suspends Account of Data Mining Firm Linked to Uhuru, Trump C…
A social media account belonging to a data mining company associated with President Kenyatta and… read more...
US Firm Launches First Laundromats in Kenya
US Firm Launches First Laundromats in Kenya
A United States firm, Alliance Laundry Systems has launched the first-ever laundromats in Kenya.… read more...
Coca-Cola Admits its Dasani Bottled Water Brand Contain Traces of Micro-Plastics
Coca-Cola Admits its Dasani Bottled Water Brand Contain Traces of Micr…
Global soft drinks manufacturer Coca-Cola has admitted that one of their brands, Dasani water is… read more...
Mombasa-Based Firm Builds East Africa's First Modern Sh10 Million Boat
Mombasa-Based Firm Builds East Africa's First Modern Sh10 Million…
A Kenyan-based firm has manufactured a modern boat, the first one of its kind to be made in the… read more...
Missing Sh21 Billion Places Former Nairobi Governor Evans Kidero on the Spot
Missing Sh21 Billion Places Former Nairobi Governor Evans Kidero on th…
An audit report by KPMG has put former Nairobi Governor Evans Kidero on the spot over missing Sh21… read more...
Kenya Dismisses US Alarm over Unsustainable Chinese Loans
Kenya Dismisses US Alarm over Unsustainable Chinese Loans
Kenya has reacted to concerns by the United States that Chinese loans were pushing African… read more...
180 Kenyans Turned into Dollar Millionaires in 2017
180 Kenyans Turned into Dollar Millionaires in 2017
180 Kenyans defied last year's sluggish economy to enter the exclusive club of dollar millionaires… read more...
Hard Times for Kenyans as Gov't Seeks to End Access to Cheap Loans
Hard Times for Kenyans as Gov't Seeks to End Access to Cheap Loan…
Kenyans could soon pay higher interest rates for loans taken from commercial banks following new… read more...
Nairobi among World Cities Marked for Sh800-Per-Minute Flying Cars
Nairobi among World Cities Marked for Sh800-Per-Minute Flying Cars
Nairobi has been identified as one of the cities where the ambitious flying cars plan will be… read more...
10 Super Rich Kenyans Cumulatively Own More than Sh500 Billion - Report
10 Super Rich Kenyans Cumulatively Own More than Sh500 Billion - Repor…
A new report that highlights the number of highly wealthy individuals in the country indicates that… read more...
I Never Said Government was Broke, Treasury Cabinet Secretary Henry Rotich Says
I Never Said Government was Broke, Treasury Cabinet Secretary Henry Ro…
National Treasury Cabinet Secretary Henry Rotich has clarified Wednesday reports that quoted him… read more...
Controversial Kenya Traffic Police Department Dissolved
Controversial Kenya Traffic Police Department Dissolved
Inspector General of Police Joseph Boinnet has introduced major changes in the National Police… read more...
Gov't Has Run Out of Cash, National Treasury Cabinet Secretary Henry Rotich Says
Gov't Has Run Out of Cash, National Treasury Cabinet Secretary He…
National Treasury Cabinet Secretary Henry Rotich has admitted that the government has run out of… read more...
JKIA Scoops Best Improved Airport Award
JKIA Scoops Best Improved Airport Award
Jomo Kenyatta International Airport (JKIA) has been named as the the best improved airport in the… read more...
Kenya Bans Importation of Meat from South Africa after Outbreak of Deadly Listeria Disease
Kenya Bans Importation of Meat from South Africa after Outbreak of Dea…
Kenya has banned the importation of meat from South African following the outbreak of a deadly… read more...
Tussle for Sh500 Million Estate between Kisumu Governor Anyang' Nyong'o and His Nephews Drags On
Tussle for Sh500 Million Estate between Kisumu Governor Anyang' N…
Kisumu governor Anyang' Nyong’o has picked a new fight with his nephews over the sharing of the… read more...
World Bank Pumps Billions into Kenyan Private Firms
World Bank Pumps Billions into Kenyan Private Firms
International Finance Corporation (IFC), a private sector lending branch of World Bank has pumped… read more...
Troubled Nakumatt to Lay Off 800 Employees
Troubled Nakumatt to Lay Off 800 Employees
More than 800 people are set to lose their jobs in the latest layoff plan by troubled Kenyan… read more...