BUSINESS NEWS
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Safaricom Chief Executive Officer (CEO) Bob Collymore has told politicians to desist from attacking his employees.
This comes days after National Super Alliance (NASA) presidential candidate Raila Odinga named six Safaricom senior staff in August 8th election rigging claims.
The opposition…
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A US firm has loaned Sh155 million to a Mombasa-based lender who finances the purchase of motor cycle taxis (boda bodas) on credit in a bid boost its expansion in Kenya and grow its market share.
Under the deal, Watu Credit will use the capital from the US-based finance platform Lendable, to grow…
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Taxi hailing firm Uber has named Kenya as its second largest market in the African continent.
Uber said that it has 363,000 active users in Kenya in the latest statistics released by the company, as it mark its fourth year of operation on the continent.
Statistics by the San-Fransisco-based firm…
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US beauty brand Sundial Brands Company has entered into a deal with Kenya’s leading beauty retailer and distributor Lintons Beauty World to avail their products in the local market.
The deals aims at ensuring that Sundial grow sales volumes and revenues in Kenya by stocking its variety of…
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US-based tractor manufacturer Massey Ferguson and Fortune 500 company AGCO have reached a deal with Kenyan Strathmore University Business School (SBC) to offer training on youths on agribusiness.
AGCO Africa Vice president and general manager Nuradin Osman said the partnership to train the youth is…
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National carrier Kenya Airways (KQ) says that it expects that direct flights to the US will take longer than expected, despite having received the green light to do so.
KQ Chief Executive Officer Sebastian Mikosz sait there are still a load of audits and contractual arrangements to be made before…
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Two US members of Congress have sharply castigated a recent report by a government watchdog agency that favorably analyzed Kenya's proposed $418 million (Sh43bn) purchase of US-made combat aircraft.
The duo said that they have serious concerns over the credibility of the report that gave the arms…
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Kenya Airways Chief Executive Officer says that the airline has met more than 70 per cent of the 100 checklists ahead of its maiden direct trip to the US next year.
Sebastian Mikosz said that KQ is currently negotiating a revenue sharing plan with its key partner airlines in Europe and USA, in a…
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Kenyan pharmaceuticals firm Omaera has announced plans to spend Sh3.1 billion in the next three years for purchase of cancer and HIV drug, Lodonal to market abd sell it across East Africa.
In an deal brokered with a US-based specialty drugmaker, Immune Theraupetics, the Kenyan firm accepted to…
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George Omondi Obell has been appointed to the United Nations Economic and Social Council’s Committee of Experts on International Cooperation in Tax matters (ECOSOC), becoming the first Kenyan to hold the crucial position.
Obell, a chief manager at Kenya Revenue Authority (KRA) international tax…