BUSINESS NEWS
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Inside the Sh300 Billion Nairobi-Mombasa Expressway to be Constructed by US Engineering Firm Bechtel
The construction of a Sh300 billion state-of-the-art expressway connecting Nairobi and Mombasa is set to begin before the end of this year.
The road will be build by United States engineering firm Bechtel after Kenya and US struck a deal during this week's meeting between Presidents Trump and Uhuru…
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President Uhuru Kenyatta is this weekend expected to travel to China where he will attend the China-Africa forum that will take place from September 1st to 5th.
During the trip, Kenyatta is also scheduled to hold talks with Chinese President Xi Jinping in Beijing.
His meeting with Xi Jinping…
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Twenty new British companies are set to open shop in Kenya, United Kingdom Prime Minister Theresa May has announced.
Speaking at Kenya-UK business forum at Strathmore University in Nairobi, May said the entry of the 20 companies in Kenya was a clear demonstration of the confidence the British…
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Kenya Airways is set to assume the running of daily operations of Jomo Kenyatta International Airport (JKIA) from Kenya Airports Authority (KAA).
Speaking to the press, Kenya Airways Chief Executive Officer (CEO) Sebastian Mikosz said the takeover of JKIA operations was part of the airline’s…
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Kenyans transacting more than half-a-million shillings can now have a reason to smile after Members of Parliament on Thursday turned down a proposal that sought to impose a 0.05 per cent tax.
MPs voted to reject the excise duty tax commonly referred to as the Robin Hood proposed by Treasury Cabinet…
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Kenya Airways has recorded a loss of Sh4 billion in the first six months of 2018, representing a 30 percent improvement from the Sh5.7 billion posted in the same period the previous year.
The airline’s revenue grew to Sh52.1 billion in the half -year of 2018 from Sh50 billion in the same period in…
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The United States government has granted Jomo Kenyatta International Airport (JKIA) the Last Point of Departure (LPD) clearance.
This clearance paves the way for airlines to fly directly from JKIA to any destination in the United States.
This also means that national carrier, Kenya Airways is now…
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President Uhuru Kenyatta on Monday held successful talks with top American business leaders in Washington, DC.
During the meeting with business executives of leading US companies operating under the Business Council for International Understanding (BCIU), Kenyatta sought to sell Kenya as an…
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The World Bank has regained its grip as Kenya's leading creditor after earlier being overtaken by China.
This comes after Kenya borrowed Sh54 billion from the Washington DC-based in three months this year, helping it to regain its position as the country's biggest creditors.
A new report by the…
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British Prime Minister Theresa May is this week expected to visit Kenya as part of her three-nation tour to Africa that will also see her land in South Africa and Nigeria.
May is set to be the first British Prime Minister to visit Sub-Saharan Africa since 2013 and the first to come to Kenya in more…