BUSINESS NEWS
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Deputy President William Ruto has confirmed reports by the media that Kenyan taxpayers are shouldering a whooping Sh30 million per day as operation cost for the Standard Gauge Railway (SGR) passenger train between Nairobi and Mombasa, translating to close to Sh1 billion per month.
In an interview…
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Kenya Airways has been named in the top 100 best companies to work for in the continent of Africa.
The ranking follows a survey that interviewed more than 20,000 African professionals on questions about employee engagement and work conditions.
Most of the respondents mentioned opportunities…
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Chairpersons of a host of top Kenyan companies listed in the Nairobi Securities Exchange (NSE) have emerged as some of the highly paid individuals in corporate sector.
Business Daily has identified the top ten non-executive directors who pocket millions of shillings in salaries, retainers, director…
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A Member of Parliament has moved to make amendments to the existing law to stop lending institutions from going for guarantor's property in case principal borrowers default on loans.
In his proposal, Juja MP Francis Waititu wants banks and other lenders be forced to pursue principal borrowers in…
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A Nyeri-based restaurant has become one the first businesses entities in the country to accept payments through world's famous cryptocurrency, Bitcoin.
Betty Place Restaurant, located in the heart of the former Central Province headquarters, announced it will now accept payments through Bitcoin.…
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Commercial banks are now making it mandatory for Kenyans opening accounts to supply their Kenya Revenue Authority (KRA) Personal Identification Number (PIN).
The lenders have also requested existing account holders to provide their pins in the latest move by the Kenya Revenue Authority (KRA) to…
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The Government of Kenya is set to hold discussions with US construction company Bechtel over the construction of multi-billion Nairobi-Mombasa expressway.
The two sides will from next week engage on the the financing model for the proposed Sh300 billion mega project, the only of its kind in East…
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Former Nairobi Deputy Governor Polycarp Igathe has officially been confirmed as Equity Bank’s Chief Commercial Officer (CFO).
The lender confirmed Igathe's appointment alongside that of Julius Kayoboke as Director of Customer Experience and Product Management. The confirmations follow approval by…
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The Jomo Kenyatta International Airport (JKIA) has been named the best airport facility in Africa and 38th globally in new ranking.
The latest ranking used quality of service, on-time performance and passenger experience to rank airports across the world.
AirHelp Score rankings examined data from…
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The United Nations has placed Nairobi as one of the top four major urban Foreign Direct Investment (FDI) destinations in Africa. This is together with Cairo, Lagos and Johannesburg.
“FDI hubs such as Johannesburg, Cairo, Lagos, and Nairobi are noteworthy players in global FDI markets (in terms of…