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Kenya Airways Faces Flights Disruption

Kenya Airways says that most of its flights could be cancelled or delayed as a result of operational disruption prompted by flight crew constraints. In a statement to newsrooms on Saturday, the airline assured that it…

Jul 29, 2017

Business

Kenyan-Made New Mobius Car Model to Cost Sh1.3 Million

Kenyan car manufacturer Mobius Motors has announced it will be launching a second and improved model vehicle that will retail at around Sh1.3 million including Value Added Tax (VAT), raising the price from Sh1.1 milli…

Jul 28, 2017

Business

Brookside among 20 Companies Blocked by Tanzania in Export Row

Brookside Dairy, a company connected to President Uhuru Kenyatta's family is among 20 Kenyan companies that have been banned from accessing Tanzania market, despite last week’s deal that lifted export restrictions bet…

Jul 28, 2017

Business

Tanzania Blocks Kenyatta, JKUAT Universities from Admitting Students

Two Kenyan universities are among 19 higher learning institutions that have been blocked by Tanzania from admitting students in that country in September. Kenyatta University and Jomo Kenyatta University of Agricultur…

Jul 26, 2017

Business

Harvard, Aga Khan University Partner to Offer Special Courses to Kenyans

US Ivy League institution Harvard University has entered into a partnership with Aga Khan University to offer a series of courses for senior executives in Kenya. The courses to be offered aim at sharpening the leaders…

Jul 26, 2017

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Business

Investigations Show Stolen USAid Free HIV Drugs Being Sold in Nairobi

An investigation by a Kenyan media outlet has revealed that rent-seeking government officers in collaboration with corrupt businessmen are selling donor-funded free HIV medication on the black market, depriving poor K…

Jul 25, 2017

Business

US Software Firm Oracle Set to Generate Jobs for Kenyans

US giant software firm Oracle has announced that it will provide an undisclosed number of employment opportunities in Kenya as it rolls out an aggressive plan to expand its cloud computing business in the country. The…

Jul 25, 2017

Business

M-Pesa Boss Quits Safaricom One Year after Taking Office

Kenya's giant telecommunication firm Safaricom says that it has parted ways with M-Pesa boss Ronald Webb. Webb exits Safaricom at a critical time when the firm kick started a major upgrade of the mobile money platform…

Jul 25, 2017

Business

Air France Resumes Operations to Nairobi after 18-Year Hiatus

Air France has announced that it will be resuming operations between Paris and Nairobi beginning March next year, marking the end of an 18-year hiatus. The new move by the international airline further signals the ris…

Jul 25, 2017

Business

Sh10 Billion Kenya Airways Aircraft Grounded after JKIA Accident

Kenya Airways was on Sunday night forced to ground one of its aircraft and book the Johannesburg-bound passengers on other flights following an extensive damage on it prior to take-off. In a statement, the airline sai…

Jul 25, 2017

Business

Hong Kong-Based Airline Launches Sh4.6 Million-a-Ticket Luxury Flights to Nairobi

A Hong Kong-based airline operator will be launching a Sh4.6 million per ticket luxury flight to Nairobi, which will be targeting super-rich individuals from Asia keen to sample Kenya’s prime holiday destinations. Cry…

Jul 24, 2017

Business

President Uhuru Opens Sh2.5 Billion Isiolo International Airport

Kenyans and foreign visitors will now be able to fly to the Northern parts of Kenya after President Uhuru Kenyatta opened the newly built KSh 2.5 billion Isiolo International Airport, which is a part of the Lamu Port-…

Jul 24, 2017

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Business

Facebook to Train Young Kenyan Women Enterprenuers on Digital Marketing

Facebook will be rolling out a program to train young Kenyan women from Nairobi, Mombasa, Nakuru and Kisumu on the utilization of social media as a digital marketing platform. The program will train over 1,000 female…

Jul 22, 2017

Business

Kenya's Giant Betting Firm SportPesa Launches in Italy

Kenya’s giant betting firm SportPesa has continued with its aggressive global spread out as it looks to convert to a multinational enterprise. Just months after launching in Tanzania and in the United Kingdom, the gam…

Jul 21, 2017

Business

Asia's Richest Man, Jack Ma Promises to Market Kenya Abroad

Asia’s richest man Jack Ma, who is on a two-day visit to the country, has promised to market Kenya in his tours around the world, saying that Kenya has massive but largely unexploited potential. “Will I be the ambassa…

Jul 21, 2017

Business

Kenya in Row with US Billionaire Bill Gates-Backed Chain Schools

The Government of Kenya through the Ministry of Education is embroiled in a row with the World Bank and United States billionaire’s Bill Gates-backed group of low-cost schools that largely operate in slums and rural a…

Jul 21, 2017

Business

US Hedge Fund in Battle to Control Kenyan Cloud Storage Firm

Cloud storage data firm Angani Limited shareholders are embroiled in an ownership tussle pitting United States hedge fund BSP, former Google policy manager for Africa Ory Okolloh, and 14 other local and foreign indivi…

Jul 20, 2017

Business

US Delivers War Chopper to Kenyan Forces

The Kenya Air Forces (KDF) has received two additional helicopters from the United States as it fulfills its pledge to strengthen the Kenyan military in the war against Somalia-based terror group Al-Shabaab. Last Dece…

Jul 20, 2017

Business

Asia's Richest Man Jack Ma Lands in Kenya with 38 Chinese Billionaires

Chinese Billionaire Jack Ma, Asia’s richest man, landed in Kenya on Wednesday evening, carrying with him a delegation of 38 billionaires drawn from China. Ma, the founder and executive chairman of Chinese e-commerce b…

Jul 20, 2017

Business

US Firm Gets Lion's Share in Kenya Airways' Fees

A United States-based advisory firm leading Kenya Airways’ (KQ) balance sheet reformation will be getting the lion’s share of the Sh1.4 billion that is set aside for payment to transaction advisers. The firm, PJT Part…

Jul 18, 2017