BUSINESS NEWS
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Kenya Airways' maiden direct flight to the United States lies in limbo after aviation employees threatened to go on strike.
In a notice, the Kenya Aviation Workers’ Union (Kawu) cites Kenya Airway’s failure to agree with its workers on special pay and working conditions for the much…
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Cable News Network (CNN) anchor Richard Quest has began his tour to Kenya. Quest arrived in the country on Monday and visited Nairobi's Karura Forest for a morning run in the company of celebrated Kenyan athlete Eliud Kipchoge.
Later, the New York-based journalist interviewed Kipchoge who last…
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Kenya Airways has sold out tickets for its maiden direct flight to the United States one week to the October 28th official launch.
The national carrier's website indicates that tickets for the historic flight to JFK International Airport in New York are fully booked and the next available tickets…
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President Kenyatta is next month expected to travel to China to secure market for Kenyan products.
The President will lead a delegation of Kenyan farmers in signing of a deal for exportation of avocados, mangoes, cashew nuts and other farm produces from Kenya to the Asian country.
Kenyatta and his…
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Kenya's public debt is expected to rise to Sh5.6 trillion by June, 2019 and Sh7 trillion by the time President Kenyatta exits office in 2022.
The 2018 annual public debt management report tabled in Parliament by National Treasury Cabinet Secretary Henry Rotich on Wednesday shows that the country's…
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Depositors will soon begin feeling the pinch following the scrapping of deposit floor by Finance Act 2018.
Following the enactment of the law, banks have started slashing interest earned on deposits. The act removed the floor that required lenders to pay at least 70 percent of Central Bank of Kenya…
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Safaricom has announced it will from midnight, Wednesday increase the prices of voice calls, SMS and internet bundles in line with the Finance Act 2018.
In the revised tariffs, Safaricom CEO Bob Collymore says charges for voice calls and data will go up by 30 cents, and 10 cents for SMS charges.…
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President Kenyatta was on Tuesday forced to discard a written speech he had prepared to read during an event with small scale traders in Nairobi.
During a Small and Medium Enterprises Roundtable meeting at Strathmore University, traders highlighted their grievances before the President, exposing…
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Cash-strapped former Kenyan giant retail chain Nakumatt has announced the closure of one of its most popular outlets in Nairobi.
In a notice, the Supermarket said Nairobi's Nakumatt Mega branch will cease to be operational from October 15th and urged customers to shop at the remaining outlets in…
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Planned Nairobi's Bus Rapid Transit (BRT) system has received a major boost after Isuzu East Africa unveiled two types of high-capacity buses for the project.
The automobile company said each of the two buses will have a capacity of between 62 and 100 passengers and a speed limit of up to 60…