BUSINESS NEWS
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The International Civil Aviation Organization (ICAO) is expected to conduct a third security audit on Jomo Kenyatta International Airport to determine its safety standards.
ICAO will be assessing the Kenya's main airport in the last week of November to determine its capability in safety oversight.…
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The government through Kenya National Highways Authority (KENHA) has defended its decision to award US firm Bechtel International Inc a Sh300 billion tender to build a 473-kilometre Nairobi-Mombasa high-speed expressway.
In a statement on Monday, Kenha director general Peter Mundinia said that the…
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The Kenya Revenue Authority (KRA) has unveiled an online portal that taxpayers will use to reactivate their suspended PINs.
The new move provides a reprieve to thousands of Kenyans taxpayers who grappled with strenuous paperwork to have their tax accounts that had been deactivated by the taxman for…
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Nairobi governor Mike Sonko has put to hold an earlier announced ban on matatus operation within the Central Business District for one month.
Speaking at a press briefing following a meeting with matatu operators on Monday, Sonko said that the ban, which was to be effective from Wednesday, has been…
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Kenyan workers are set to lose their jobs after world's electronics giant firm Samsung announced plans to cut down its workforce at Nairobi regional office.
The South Korean-headquartered company said it will effect a major operational shake-up that is likely to result in loss of jobs, joining a…
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Matatu owners have rejected the plans by Mike Sonko's administration to ban matatus from Nairobi’s Central Business District(CBD), saying they were never involved in formulation of the traffic movement changes.
They say that the move by the Nairobi County government is punitive, considering that…
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Microsoft has launched a computer lab that will benefit more than 500 pupils at Likoni School for the Blind in Mombasa.
Blind students will benefit from an assistive technology computer lab that is fitted with digitalized learning materials. The lab was opened by Microsoft in partnership with…
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Activist Okiya Omtatah has given Central Bank of Kenya (CBK) seven days ultimatum to remove founding President Jomo Kenyatta's portrait from Kenya notes and coins.
The constitution stipulates that portraits or images of individuals are not to be used on currency and notes and coins should only bear…
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A United States construction firm is involved in battle over Sh123 million it failed to pay to a Kenyan company.
Local contractor Epco Builders has moved to the High Court seeking to have orders barring National Housing Corporation (NHC) from paying Sh123 million to an American firm, Lemna…
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A new report by US Department of State on the evaluation of countries receiving US financial aid had lauded Kenya's for its transparency standards on budget making process and public expenditure.
Public availability, substantial completeness, reliability of budget documents, transparency of…