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Safaricom Announces Disruption of Key Services Including International Calls
Business

Safaricom Announces Disruption of Key Services Including International Calls

Kenya's giant mobile service provider Safaricom has announced a major disruption of its key services to pave way for system maintenance. The system upgrade will see some of its crucial services including; airtime top…

Mar 26, 2018
10 Richest, 10 Poorest Counties in Kenya
Business

10 Richest, 10 Poorest Counties in Kenya

A new report released by the Kenya National Bureau of Statistics (KNBS) has ranked the richest and poorest counties in Kenya. In the report, Nairobi has been ranked as the county with the lowest share of poor populati…

Mar 24, 2018
Governor Mike Sonko in Fresh Bid to Ban Matatus from Nairobi CBD
Business

Governor Mike Sonko in Fresh Bid to Ban Matatus from Nairobi CBD

The Nairobi County Government is set to launch a fresh bid to ban public service vehicles (PSVs) from entering the central business district. This is one of the means that Governor Mike Sonko's administration plans to…

Mar 24, 2018
Kenya Airways Recalls Leased Dreamliner Aircraft to be Used for Maiden US Nonstop Flights
Business

Kenya Airways Recalls Leased Dreamliner Aircraft to be Used for Maiden US Nonstop Flights

Kenya Airways (KQ) continues to make preparations for the launch of the much anticipated direct flights to the United States. In its latest move, the airline has recalled two Dreamliner planes that had been leased out…

Mar 24, 2018
Retired President Mwai Kibaki Regains Control of Multi-Million Shilling Company
Business

Retired President Mwai Kibaki Regains Control of Multi-Million Shilling Company

Retired President Mwai Kibaki has regained the control of a multi-million shilling company established in the 1970s. Kibaki and seven other directors had been stripped off the powers to manage Mathingira Wholesalers C…

Mar 22, 2018
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Uber Seeks Government License to Test Flying Taxis in Kenya
Business

Uber Seeks Government License to Test Flying Taxis in Kenya

US-based technology firms Facebook and Uber are seeking to test drone activities in Kenya following government move to legalize the use of Unmanned Aerial Vehicles (UAVs). The two companies have written to the Kenya C…

Mar 21, 2018
Kenya Airways Registers Sh6.1 Billion Loss
Business

Kenya Airways Registers Sh6.1 Billion Loss

Kenya Airways has announced a Sh6.1 billion net loss for the nine month period running to December 2017, even as it continues to restructure its operations. The airline's Chief Executive Officer Sebastian Mikosz blame…

Mar 21, 2018
US Firm Lobbies for Sh300 Billion Nairobi-Mombasa Expressway Contract
Business

US Firm Lobbies for Sh300 Billion Nairobi-Mombasa Expressway Contract

US construction company Bechtel is eyeing Sh300 billion contract to build an expressway between Nairobi and Mombasa. Bechtel has told the National Treasury that the superhighway, whose construction is expected to star…

Mar 20, 2018
Kenya Tourism Board Officials Conduct Roadshow in US, Canada to Sell Kenya as a Tourist Destination
Business

Kenya Tourism Board Officials Conduct Roadshow in US, Canada to Sell Kenya as a Tourist Destination

Kenya Tourism Board (KTB) officials have conducted a series of visits to different cities in the United States and Canada in a bid to sell Kenya as a tourism hub. During the one-week tour to the two North American cou…

Mar 20, 2018
Gov't Increases SGR Passenger Train Fare Between Nairobi and Mombasa
Business

Gov't Increases SGR Passenger Train Fare Between Nairobi and Mombasa

Kenyans traveling between Nairobi and Mombasa using the Standard Gauge Railway (SGR) passenger train will pay Sh300 more beginning next month in revised charges. Passengers on the economy class will be charged Sh1,000…

Mar 20, 2018
Facebook Suspends Account of Data Mining Firm Linked to Uhuru, Trump Campaigns
Business

Facebook Suspends Account of Data Mining Firm Linked to Uhuru, Trump Campaigns

A social media account belonging to a data mining company associated with President Kenyatta and his US counterpart Donald Trump's presidential campaigns has been suspended by Facebook. In a statement on Friday, Faceb…

Mar 17, 2018
US Firm Launches First Laundromats in Kenya
Business

US Firm Launches First Laundromats in Kenya

A United States firm, Alliance Laundry Systems has launched the first-ever laundromats in Kenya. The commercial laundry company is targeting entrepreneurs from urban centres in Kenya and will give them a full laundrom…

Mar 16, 2018
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Coca-Cola Admits its Dasani Bottled Water Brand Contain Traces of Micro-Plastics
Business

Coca-Cola Admits its Dasani Bottled Water Brand Contain Traces of Micro-Plastics

Global soft drinks manufacturer Coca-Cola has admitted that one of their brands, Dasani water is contaminated with micro-plastics. The giant firm's admission comes a day after the release of a study showing that Dasan…

Mar 16, 2018
Mombasa-Based Firm Builds East Africa's First Modern Sh10 Million Boat
Business

Mombasa-Based Firm Builds East Africa's First Modern Sh10 Million Boat

A Kenyan-based firm has manufactured a modern boat, the first one of its kind to be made in the East African region. The locally manufactured vessel was assembled by Mombasa-based Associated Vehicle Assemblers (AVA)…

Mar 15, 2018
Missing Sh21 Billion Places Former Nairobi Governor Evans Kidero on the Spot
Business

Missing Sh21 Billion Places Former Nairobi Governor Evans Kidero on the Spot

An audit report by KPMG has put former Nairobi Governor Evans Kidero on the spot over missing Sh21 billion. The report indicates that Sh21.89 billion was not accounted for in the handover report by Kidero when current…

Mar 12, 2018
Kenya Dismisses US Alarm over Unsustainable Chinese Loans
Business

Kenya Dismisses US Alarm over Unsustainable Chinese Loans

Kenya has reacted to concerns by the United States that Chinese loans were pushing African countries, including Kenya into unsustainable debt, that has weakened their ability to generate employment opportunities for j…

Mar 9, 2018
180 Kenyans Turned into Dollar Millionaires in 2017
Business

180 Kenyans Turned into Dollar Millionaires in 2017

180 Kenyans defied last year's sluggish economy to enter the exclusive club of dollar millionaires. This effectively increased the number of individuals with a net-worth of more than Sh500 million to 1,290. A new repo…

Mar 9, 2018
Hard Times for Kenyans as Gov't Seeks to End Access to Cheap Loans
Business

Hard Times for Kenyans as Gov't Seeks to End Access to Cheap Loans

Kenyans could soon pay higher interest rates for loans taken from commercial banks following new plans to reverse a law that capped the rates at 14 percent. This follows pressure on Kenya by the International Monetary…

Mar 9, 2018
Nairobi among World Cities Marked for Sh800-Per-Minute Flying Cars
Business

Nairobi among World Cities Marked for Sh800-Per-Minute Flying Cars

Nairobi has been identified as one of the cities where the ambitious flying cars plan will be launched. McFly.aero, the firm behind the ambitious project said plans are underway to set up the infrastructure for air ta…

Mar 8, 2018
10 Super Rich Kenyans Cumulatively Own More than Sh500 Billion - Report
Business

10 Super Rich Kenyans Cumulatively Own More than Sh500 Billion - Report

A new report that highlights the number of highly wealthy individuals in the country indicates that ten Kenyans are cumulatively worth more than Sh500 billion. The yearly wealth report released by Knight Frank and CFC…

Mar 8, 2018
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