BUSINESS NEWS

President Uhuru Kenyatta has directed the reduction of fares for passengers using the new Standard Gauge Railway passenger train. Speaking during the launch of the passenger train in Mombasa on Wednesday, the head of state fixed the fare for economy class at Sh700 for passengers traveling from…

Photos of Jubilee campaign materials printed in China have sparked outrage among Kenyans on social media, with Kenyans questioning why they Jubilee to contract a Chinese firm with the printing instead of offering the task to Kenyans and create employment. In the photos that went viral on social…

Kenya’s budget carrier Jambojet has received a not to fly regionally, potentially creating competition on some routes with its parent company Kenya Airways. The Kenya Civil Aviation Authority published the approval for the new routes for the carrier that will also include Wajir and Mandera in the…

Google has selected Kenya Database Management System (DMS) as one of the six Sub-Saharan Africa IT startups for mentorship of the firm’s Launchpad Accelerator program. DMS seeks to distribute tech enabled platform to millions of small and medium sized food and fast moving consumer goods (FMCG)…

Kenya has been dealt a financial blow after the United States President Donald Trump proposed a cut in development assistance to Kenya by Sh7 billion as he endeavors to fulfill his campaign pledges of cutting out on foreign aid. In Trump’s first Budget, submitted to Congress on Tuesday, there has…

A US Congress investigative committee has demanded it be served with key documents of the proposed Sh43 billion sale of border patrol aircraft to Kenya by the United States meant to be used in subduing the Al Shabaab in Somalia. The House of Representatives Oversight and Government Reform Committee…

The government through Environment Cabinet secretary Judi Wakhungu has announced that it will be extending the ban on plastic bags use to plastic bottles in the continued attempts to curb environmental pollution. The move will require water bottlers and manufacturers of soft drinks and juices to…

The Mombasa-Nairobi new Standard Gauge Railway (SGR) is set to begin operations after the official launching by President Uhuru Kenyatta on May 31st in an event that will be attended by senior officials from the Chinese Government. State House Spokesperson Manoah Esipisu confirmed that China will…

American pretzel chain Mr Pretzel is set to be the latest US fast food chain to enter Kenya, a growing market for fast foods. Mr Pretzel has announced it is partnering in a franchise model with Kenyan bakery company Snackbyte to launch and operate Mr Pretzel outlets in the country. The initial…

Kenyans on Thursday flocked supermarkets and stores to scramble for the government subsidized maize flour, which prompted the stockists to limit the number of packets of the commodity one could buy. Several supermarkets in Nairobi, Nyeri, Kisumu, Kakamega, Eldoret, Thika, and Nakuru reported…