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Kenya Partners with a Multinational Company to Manufacture Affordable Green Fertilizer
Business

Kenya Partners with a Multinational Company to Manufacture Affordable Green Fertilizer

Kenya has signed a deal with an Australian-based multinational to set up a 300MW capacity green ammonia and green fertilizer plant in the country by 2025. The agreement with Fortescue Future Industries (FFI), which ha…

Nov 7, 2022
Kenya Airways Urges Customers to Cancel Tickets Due to Pilots’ Strike, Offers Refund
Business

Kenya Airways Urges Customers to Cancel Tickets Due to Pilots’ Strike, Offers Refund

Kenya Airways (KQ) has urged its customers who have opted not to travel due to the ongoing pilots’ strike to cancel their tickets. The carrier apologized to its customers over the impasse and promised to offer them a…

Nov 6, 2022
CS Moses Kuria Holds Talks with US Trade Representative Katherine Tai
Business

CS Moses Kuria Holds Talks with US Trade Representative Katherine Tai

Trade, Investments and Industry Cabinet Secretary Moses Kuria on Thursday held virtual talks with United States Trade Representative Katherine Tai. The two discussed ways to augment bilateral trade relations between t…

Nov 4, 2022
Kenya Airways Pilots to Commence Strike on Saturday
Business

Kenya Airways Pilots to Commence Strike on Saturday

Kenya Airways (KQ) pilots will down their tools on Saturday after the airline’s management failed to address their grievances, Kenya Airline Pilot Association (KALPA) has announced. KALPA CEO Captain Muriithi Nyagah s…

Nov 4, 2022
Trade CS Moses Kuria Reveals Government’s Plan to Ban Mitumba
Business

Trade CS Moses Kuria Reveals Government’s Plan to Ban Mitumba

Investments, Trade and Industry Cabinet Secretary Moses Kuria has revealed the government’s plan to ban the importation of second-hand clothes, commonly known as mitumba. While pledging to empower the local textile in…

Nov 2, 2022
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Kenya Ready for More Trade Deals with the US, President Ruto Says
Business

Kenya Ready for More Trade Deals with the US, President Ruto Says

President Ruto has said Kenya is ready for more trade deals with the US under the African Growth and Opportunity Act (AGOA) program, which gives Kenya and 40 other sub-Saharan African countries duty-free access to the…

Oct 31, 2022
Kenya Airways Obtains a Court Order Stopping Looming Pilots’ Strike
Business

Kenya Airways Obtains a Court Order Stopping Looming Pilots’ Strike

The Labor court on Monday issued an injunction stopping the looming strike by Kenya Airways (KQ) pilots pending the hearing and determination of an application filed by the national carrier. Kenya Airways pilots, thro…

Oct 31, 2022
President Ruto Directs KRA to Collect Sh3 Trillion in the Next Financial Year
Business

President Ruto Directs KRA to Collect Sh3 Trillion in the Next Financial Year

President Ruto says Kenya Revenue Authority (KRA) must establish a strong and transparent system that will allow the country to transition from overtaxing trade to undertaxing wealth. Ruto, who spoke during the annual…

Oct 28, 2022
Kenya Airways Threatens to Fire Pilots Taking Part in Next Week’s Strike
Business

Kenya Airways Threatens to Fire Pilots Taking Part in Next Week’s Strike

Kenya Airways (KQ) has threatened to fire pilots who will participate in next week’s strike after talks between the airline management and the pilots’ union collapsed. KQ CEO Allan Kilavuka said efforts to negotiate w…

Oct 27, 2022
Raila and Karume Families Fail to Claim Idle Assets Worth Millions of Shillings
Business

Raila and Karume Families Fail to Claim Idle Assets Worth Millions of Shillings

The family of opposition leader Raila Odinga is among 225 Kenyans who have failed to claim assets worth billions of shillings held by the government. The Unclaimed Financial Assets Authority (UFAA) told The Standard B…

Oct 26, 2022
Ruto: US Has Overtaken the UK as Kenya's Premier Trading Partner
Business

Ruto: US Has Overtaken the UK as Kenya's Premier Trading Partner

President Ruto has said the United States has overtaken the United Kingdom to become Kenya's premier trading partner. Ruto, who spoke during the Mashujaa Day celebrations at Uhuru Gardens on Thursday, said Kenya will…

Oct 20, 2022
Hustler Fund: President Ruto Pledges Single-digit Interest Rate Loans by December
Business

Hustler Fund: President Ruto Pledges Single-digit Interest Rate Loans by December

President Ruto has announced that the Hustler Fund, which will provide collateral-free loans at single-digit rates to low-income earners to start businesses, will be operationalized by December. Ruto, who spoke during…

Oct 15, 2022
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China Fines Kenya Sh1.31 Billion for SGR Loans Default
Business

China Fines Kenya Sh1.31 Billion for SGR Loans Default

Kenya's problems with ballooning public debt became clear after the country defaulted on payment of Chinese loans for the construction of the Standard Gauge Railway (SGR). Citing Treasury documents, Business Daily rep…

Oct 13, 2022
City Hall Halts Plan to Shut Down 43 Noisy Nightclubs in Nairobi
Business

City Hall Halts Plan to Shut Down 43 Noisy Nightclubs in Nairobi

The Nairobi County government has halted plans to revoke the licenses of 43 nightclubs and bars that were earmarked for closure over noise pollution. Nairobi Deputy Governor Njoroge Muchiri said their administration i…

Oct 12, 2022
Appeals Court Allows KCB to Seize Lavish English Point Marina Over Sh5.2 Billion Debt
Business

Appeals Court Allows KCB to Seize Lavish English Point Marina Over Sh5.2 Billion Debt

Kenya Commercial Bank (KCB) has seized the luxurious English Point Marina in Mombasa for a second time over a Sh5.2 billion debt. This is after the Appeals Court lifted an order by High Court judge Dora Chepkwony bloc…

Oct 10, 2022
President Ruto Calls for a Borderless East African Community to Boost Trade
Business

President Ruto Calls for a Borderless East African Community to Boost Trade

President Ruto has renewed calls for free trade within the East African Community (EAC), saying border challenges have affected the region’s untapped growth. Ruto, who spoke during Uganda’s 60th independence anniversa…

Oct 9, 2022
Implementation of Sh5.6 Billion BRT System on Thika Road Stalls
Business

Implementation of Sh5.6 Billion BRT System on Thika Road Stalls

The completion of the Nairobi Bus Rapid Transport (BRT) system on Thika Superhighway is taking longer due to financing delays, an official has said. Nairobi Metropolitan Area Transport Authority (NAMATA) Director-Gene…

Oct 8, 2022
Kenya Airways Ranked 4th Best Airline in Africa, 81st Globally
Business

Kenya Airways Ranked 4th Best Airline in Africa, 81st Globally

Kenya Airways (KQ) has dropped three places in the latest ranking of the top 100 airlines in the world in 2022. Skytrax World Airline Awards, which rates the world’s best carriers, placed KQ in position 81 in this yea…

Oct 6, 2022
Kenya Airways Responds to Deputy President Gachagua's Claims of State Capture
Business

Kenya Airways Responds to Deputy President Gachagua's Claims of State Capture

Kenya Airways (KQ) has responded to Deputy President Rigathi Gachagua’s claims that the airline is under State capture. Gachagua, who spoke in an interview with Citizen TV on Sunday, blamed the national carrier’s fina…

Oct 5, 2022
Kenya Lifts Ban on Importation and Cultivation of GMO Crops
Business

Kenya Lifts Ban on Importation and Cultivation of GMO Crops

The government has lifted the ban on Genetically Modified Crops (GMO) that has been in existence for 10 years. The decision to lift the 10-year ban was arrived at during a Cabinet meeting chaired by President Ruto at…

Oct 3, 2022
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