BUSINESS NEWS
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Kenya Airways (KQ) is seeking to introduce a new pay structure for its pilots in a move aimed at lowering the wage bill to keep the airline afloat.
Under the proposed structure, pilots will be paid per trip as opposed to a fixed monthly salary, KQ CEO Allan Kilavula told Business Daily.
Kilavula…
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36 Kenyan fruits and vegetable companies are set to rake in $2.1 million (Sh235.22 million) from the sale of the horticultural products in a virtual Italian trade fair.
The companies bagged the lucrative orders during the recently held Macfrut Digital Trade Fair 2020 edition in what points to a…
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Emirates Skycargo has added 10 more weekly flights to and from Nairobi amid increased demand for Kenya’s horticultural products abroad.
The airline has deployed Boeing 777-300ERs to make the trips to and from the Jomo Kenyatta International Airport (JKIA), ferrying horticulture produce to various…
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Two more giant grocery retailers in Europe have suspended avocado supplies by Kenyan producer, Kakuzi.
UK’s Sainsbury’s and Germany’s Lidl suspended supplies by Kakuzi citing human rights abuse claims against the fruits producer based in Murang’a county.
Days after the UK supermarket chain Tesco…
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National carrier Kenya Airways (KQ) has expanded its current codeshare deal with US-based Delta Airlines as it prepares to resume direct flights to and from the US on October 29th.
The expanded partnership between the two airlines adds three more US destinations to the existing codeshare…
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The World Bank Group has imposed sanctions on Kenyan IT company, Techno Brain over links to collusive and fraudulent practices.
Techno Brain was blocked together with its UAE-based parent company, Techno Brain Global for 28 and 10 months respectively.
During the debarment period, the two companies…
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UK’s retail giant Tesco has suspended the supply of avocados from Kenyan producer Kakuzi over claims of human rights abuses.
This comes after 79 Kenyans through law firm Leigh Day initiated legal action in a London court against UK’s Camellia for alleged human rights abuses by security guards…
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Manipulation of the shilling against the dollar could threaten the ongoing trade talks between Kenya and the US.
As part of the pre-conditions in the ongoing negotiations for a free trade agreement (FTA) between the two countries, the US has warned Kenya against manipulating the shilling and wants…
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Kenya is set to benefit from a Covid-19 recovery program by technology giant, Google.
The initiative seeks to boost economic recovery in sub-Saharan Africa in the wake of the Covid-19 pandemic which has taken a toll on the economy leading to the loss of millions of jobs.
Country Director for Google…
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Kenya Airways (KQ) has embarked on a plan to return leased aircraft in a move aimed at cutting costs and reducing losses.
KQ CEO Allan Kilavuka confirmed to Business Daily that the airline was in discussions with companies that leased it planes with a view of returning them earlier…
