BUSINESS NEWS
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Mayfair Insurance, a company related with former Gatanga Member of Parliament and Nairobi gubernatorial contestant, Peter Kenneth, has been rated highly by South African Global Credit Rating (GCR) firm.
The positive rating of the Firm is based on prudent risk management and strong margins.…
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United States-based engineering and construction firm Bechtel has opened an office in Nairobi that will serve as the region’s infrastructure works headquarters, as foreign investors continue to show their confidence in Kenya as an investment hub.
The San Francisco-based firm offers financing,…
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The US Transportation Security Administration (TSA) officials will be in Kenya in October to carry out final audit on Jomo Kenyatta International Airport, setting the stage for Kenya Airways to start direct flights to United States next April.
If the audit is successful, Jomo Kenyatta International…
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In a bid to cement ties with the United States, The Government of Kenya has entered in a one-year agreement worth $1.2 million (Sh123 million) with a Washington lobby firm which has close ties to US president Donald Trump.
According to US Justice Department documents, the Ministry of Foreign…
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Kenya has announced that it will be shipping out crude oil drilled from Turkana oilfields three times per year. This month, the country anticipates ferrying about 2,000 barrels per day from Turkana via road to storage tanks in Mombasa.
Petroleum principal secretary, Andrew Kamau has said the…
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Kenya Airways has announced a resumption of its flights to the Egyptian capital Cairo after signing a code-share agreement with Egypt Air (MS), on the Nairobi-Cairo route.
According to the national airline, the new move is aimed at improving connectivity to Egypt and the Northern Africa region.…
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Travelers using Kenya's national carrier Kenya Airways (KQ) have received a major boost after the airline announced that it will be rolling out four-day transit visas allowing foreign passengers on Kenya Airways' awaiting connection flights at the Jomo Kenyatta International Airport to exit for ‘…
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A recent study by United Nations (UN) has ranked Mombasa as one of the major hubs for trafficking of fake pharmaceutical and veterinary drugs, putting millions of lives in danger.
The study commissioned by the World Customs Organization (WCO) in collaboration with International Institute for…
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Toyota Kenya is in trouble after a lawsuit was filed against the company by its customers who have moved to court seeking to halt the sale of products locally on claims that the buses are faulty.
The suit was jointly filed by City Star Shuttle Co. Ltd, Beauty Wholesale (K) Ltd, Chania Prestige…
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Top officials from the Chinese government have rubbished claims circulating on social media that the locomotives used to propel the new Standard Gauge Railway trains are refurbishments of old models.
China’s vice-minister for Foreign Affairs Zhang Ming dismissed the claims saying that his country…