BUSINESS NEWS

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US giant software firm Oracle has announced that it will provide an undisclosed number of employment opportunities in Kenya as it rolls out an aggressive plan to expand its cloud computing business in the country. The plan will create thousands of new postings in Europe, Middle East and Africa (…
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Kenya's giant telecommunication firm Safaricom says that it has parted ways with M-Pesa boss Ronald Webb. Webb exits Safaricom at a critical time when the firm kick started a major upgrade of the mobile money platform. Ronald Webb, who has been the director of financial services at Safaricom…
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Air France has announced that it will be resuming operations between Paris and Nairobi beginning March next year, marking the end of an 18-year hiatus. The new move by the international airline further signals the rising travel demand on routes connecting the Kenyan capital to global cities. The…
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Kenya Airways was on Sunday night forced to ground one of its aircraft and book the Johannesburg-bound passengers on other flights following an extensive damage on it prior to take-off. In a statement, the airline said that its eight Boeing 737-800 aircraft suffered extensive damage to its main…
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A Hong Kong-based airline operator will be launching a Sh4.6 million per ticket luxury flight to Nairobi, which will be targeting super-rich individuals from Asia keen to sample Kenya’s prime holiday destinations. Crystal AirCruises, which operates luxury private jets and resort services, announced…
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Kenyans and foreign visitors will now be able to fly to the Northern parts of Kenya after President Uhuru Kenyatta opened the newly built KSh 2.5 billion Isiolo International Airport, which is a part of the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) corridor project. The Isiolo airport is…
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Facebook will be rolling out a program to train young Kenyan women from Nairobi, Mombasa, Nakuru and Kisumu on the utilization of social media as a digital marketing platform. The program will train over 1,000 female entrepreneurs on among others, content generation and how to grow their business…
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Kenya’s giant betting firm SportPesa has continued with its aggressive global spread out as it looks to convert to a multinational enterprise. Just months after launching in Tanzania and in the United Kingdom, the gaming firm has stormed the Italian market after purchasing a majority shareholding…
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Asia’s richest man Jack Ma, who is on a two-day visit to the country, has promised to market Kenya in his tours around the world, saying that Kenya has massive but largely unexploited potential. “Will I be the ambassador of African industry and bring more Chinese manufacturing companies here? This…
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The Government of Kenya through the Ministry of Education is embroiled in a row with the World Bank and United States billionaire’s Bill Gates-backed group of low-cost schools that largely operate in slums and rural areas in the country over their operations. The standoff between Ministry of…