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Lord Mayor of London Commends Kenya for Growth in Key Sectors
Business

Lord Mayor of London Commends Kenya for Growth in Key Sectors

Lord Mayor William Russel of the City of London has commended Kenya for its achievements in key sectors including education, technology, infrastructure, manufacturing, and tourism. Russel, who spoke on Tuesday during…

Oct 5, 2021
Kenya Airways Doubles Flights on the Nairobi-London Route
Business

Kenya Airways Doubles Flights on the Nairobi-London Route

Kenya Airways (KQ) will from this month add more flights to London as it seeks to cash in on the rising demand.  The national carrier said it will operate four flights weekly to Heathrow Airport, up from the current t…

Oct 4, 2021
Kenya Airways Jumps 10 Places in the Latest Global Ranking of Airlines
Business

Kenya Airways Jumps 10 Places in the Latest Global Ranking of Airlines

Kenya Airways (KQ) has jumped 10 places in the latest ranking of global airlines by Skytrax World Airline Awards. At position 79, the national carrier trailed its regional rival Ethiopian Airlines that was ranked amon…

Sep 30, 2021
Kenya Airways and South African Airlines Sign Deal to Form a Pan-African Airline
Business

Kenya Airways and South African Airlines Sign Deal to Form a Pan-African Airline

Kenya Airways (KQ) and South African Airways (SAA) on Tuesday signed a memorandum of co-operation that will see the two carriers form a Pan-African airline. The move is aimed at improving services and keep the two los…

Sep 28, 2021
Chinese Company Ordered to Surrender 10 Housing Units to Equity Bank over Unpaid Loan
Business

Chinese Company Ordered to Surrender 10 Housing Units to Equity Bank over Unpaid Loan

A Chinese construction company has been ordered to hand over 10 housing units at Fourways Junction Kiambu to Equity Bank to settle a debt owed by the owners of the project. High Court Justice David Majanja directed Ch…

Sep 24, 2021
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US Company Contracted to Build Sh300 Billion Nairobi-Mombasa Expressway Rejects Kenya's Payment Plan
Business

US Company Contracted to Build Sh300 Billion Nairobi-Mombasa Expressway Rejects Kenya's Payment Plan

Bechtel, a US engineering company contracted to build the Sh300 billion Nairobi-Mombasa Expressway, has turned down Kenya’s proposal to recoup its investment via toll fees. The Parliamentary Budget Office (PBO) on Tue…

Sep 15, 2021
Kenya Airways Announces Resumption of India Flights After Four-Month Hiatus
Business

Kenya Airways Announces Resumption of India Flights After Four-Month Hiatus

Kenya Airways (KQ) is on Thursday expected to resume flights to India after a four-month hiatus. The national carrier suspended flights to Mumbai on April 30th following a spike in COVID-19 deaths and infections in th…

Sep 14, 2021
JKIA and Moi International Airport Named Best Airports in Africa
Business

JKIA and Moi International Airport Named Best Airports in Africa

The Jomo Kenyatta International Airport (JKIA) and Moi International Airport, Mombasa have won top global awards. The two largest airports in the country were feted by the Airports Council International (ACI) for thei…

Sep 14, 2021
Kenya Airways Leases Planes to Congo Airways Under Codeshare Deal
Business

Kenya Airways Leases Planes to Congo Airways Under Codeshare Deal

National carrier Kenya Airways (KQ) has leased two planes to Congo Airways under a cargo codeshare deal. The aircraft lease agreement between the two airlines was signed on Monday as they began operating a cargo codes…

Sep 13, 2021
Nairobi's InterContinental Hotel Movable Assets to be Auctioned After Closure
Business

Nairobi's InterContinental Hotel Movable Assets to be Auctioned After Closure

The proprietors of InterContinental Hotel in Nairobi have put up several movable assets on sale as they prepare to lease out the building or convert it into a mixed-use property. Garam Auctioneers announced they recei…

Sep 13, 2021
KRA Freezes Kenyatta University Bank Accounts over Tax Arrears
Business

KRA Freezes Kenyatta University Bank Accounts over Tax Arrears

Kenya Revenue Authority (KRA) has frozen all bank accounts belonging to Kenyatta University over tax arrears.  The tax authority took the step after the institution failed to remit statutory deductions amounting to Sh…

Sep 12, 2021
MPs Probe US Energy Company's Deals with Kenya Power
Business

MPs Probe US Energy Company's Deals with Kenya Power

The National Assembly is investigating American energy company Ormat Technologies' deals with Kenya Power and Lighting Company (KPLC). In its filings with the US Securities Exchange Commission (SEC), Ormat says Kenyan…

Sep 7, 2021
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Kenya Airways Cuts New York Nonstop Flights Due to Low Demand
Business

Kenya Airways Cuts New York Nonstop Flights Due to Low Demand

Kenya Airways (KQ) has reduced the number of direct flights to the United States from three to two a week. The move follows a drop in the number of passengers on the route, with the national carrier recording a cabin…

Sep 7, 2021
Meet Anthony Muthungu, Founder of Kenya's First USB Cable Manufacturing Company
Business

Meet Anthony Muthungu, Founder of Kenya's First USB Cable Manufacturing Company

When all his six USB cables stopped working despite being brand new, Anthony Muthungu saw a business idea and has never looked back. Muthungu founded TotoSci Holdings Ltd, Kenya’s first USB cable manufacturing company…

Aug 24, 2021
UK to Pump Sh20 Billion into Uhuru’s Big Four Projects
Business

UK to Pump Sh20 Billion into Uhuru’s Big Four Projects

The UK is set to invest Sh20 billion into President Uhuru’s Big Four projects, including manufacturing and affordable housing. The new government and private investment were announced by UK Foreign Secretary Dominic R…

Jul 27, 2021
Nairobi’s InterContinental Hotel Owners Seek New Tenants
Business

Nairobi’s InterContinental Hotel Owners Seek New Tenants

The owners of the building that housed InterContinental Hotel in Nairobi are mulling leasing it out or converting it into a mixed-use property. Kenya Hotel Properties (KHP) wants to hire a consultant to advise on a ch…

Jul 24, 2021
Kenya Airways Introduces Sh180,000 One-Month Course for Drone Pilots
Business

Kenya Airways Introduces Sh180,000 One-Month Course for Drone Pilots

Kenya Airways (KQ) has launched a training course for aspiring drone pilots as part of its plan to diversify its revenue streams in the wake of reduced passenger demand. The training program offered by the national ca…

Jul 23, 2021
KICC Faces Auction over Sh450 Million Debt Owed to KRA
Business

KICC Faces Auction over Sh450 Million Debt Owed to KRA

Kenyatta International Convention Centre (KICC) could loss some of its assets over a Sh450 million tax debt owed to Kenya Revenue Authority (KRA). In her 2018/2019 report to parliament, Auditor-General Nancy Gathungu…

Jul 17, 2021
"Time to Think": KQ Launches New Service Allowing Customers to Book Flight and Pay Later
Business

"Time to Think": KQ Launches New Service Allowing Customers to Book Flight and Pay Later

National carrier Kenya Airways (KQ) has launched a new service dubbed “Time to Think.” The product gives KQ customers additional time before making payments for their flight bookings. Under the new service, travelers…

Jul 13, 2021
University of Nairobi Doubles Tuition Fees Amid Financial Woes
Business

University of Nairobi Doubles Tuition Fees Amid Financial Woes

The University of Nairobi (UoN) has doubled fees for parallel degrees and postgraduate courses in a move aimed at making a financial turnaround. The oldest high learning institution in the country is experiencing fina…

Jul 12, 2021
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