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Business

Safaricom Launches M-Pesa Go for Minors Aged 10 to 17
Business

Safaricom Launches M-Pesa Go for Minors Aged 10 to 17

Telecommunications giant Safaricom on Saturday launched a new financial product for teens and preteens aged between 10 and 17. Dubbed M-Pesa Go, the new service seeks to empower parents and guardians to raise a financ…

Nov 26, 2022
Governor Sakaja Dispels Reports That Nairobi Land Rates Will Double from January
Business

Governor Sakaja Dispels Reports That Nairobi Land Rates Will Double from January

Nairobi Governor Johnson Sakaja has refuted reports that land rates in the city county will double from January. Sakaja termed an article published by Business Daily on Friday as misleading, saying the county governme…

Nov 26, 2022
Nairobi Governor Sakaja Revokes Licenses for Night Clubs Operating in Residential Areas
Business

Nairobi Governor Sakaja Revokes Licenses for Night Clubs Operating in Residential Areas

Nairobi Governor Johnson Sakaja has revoked the licenses of all nightclubs operating in residential areas following a public outcry over noise pollution. Sakaja said the county government will no longer issue or renew…

Nov 25, 2022
Kenya and South Korea Reach a Deal on Free Trade Agreement
Business

Kenya and South Korea Reach a Deal on Free Trade Agreement

Kenya and South Korea have agreed on a roadmap that will lead to a free trade agreement (FTA) between the two countries. This followed bilateral talks between South Korean Trade minister Dukgeun Ahn and Kenya’s Trade…

Nov 25, 2022
Kenya Secures Sh120 Billion from South Korea to Fund Development Projects
Business

Kenya Secures Sh120 Billion from South Korea to Fund Development Projects

Kenya has secured Sh120 billion from South Korea to fund various development projects including the Sagana Industrial Park as well as the Dongo Kundu and Naivasha special economic zones. The funds will also go towards…

Nov 24, 2022
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Protest as Ship Carrying 10,000 Tonnes of Imported Maize Docks at Mombasa Port
Business

Protest as Ship Carrying 10,000 Tonnes of Imported Maize Docks at Mombasa Port

MPs have demanded answers from the government after reports that a ship carrying 10,000 tonnes of imported maize docked at the port of Mombasa on Tuesday.  Citing a manifest from the Kenya Ports Authority (KPA), Busin…

Nov 22, 2022
Google to Remove Loan Apps That Violate Central Bank of Kenya Rules from the Play Store
Business

Google to Remove Loan Apps That Violate Central Bank of Kenya Rules from the Play Store

Google has announced it will remove mobile loan applications that do not comply with the Central Bank of Kenya (CBK) regulations. This comes after the American tech giant reviewed its policies on November 16th requiri…

Nov 19, 2022
Gov’t Seeks a Foreign Strategic Investor to Buy Stake in Kenya Airways
Business

Gov’t Seeks a Foreign Strategic Investor to Buy Stake in Kenya Airways

The Treasury will look for a foreign strategic investor to buy a controlling stake in Kenya Airways (KQ) as part of the efforts to turn around the airline’s fortunes. Appearing before the National Assembly Finance Com…

Nov 15, 2022
World Travel Awards: Kenya's Twiga Tours Named World's Leading Safari Company
Business

World Travel Awards: Kenya's Twiga Tours Named World's Leading Safari Company

Kenyan safari company Twiga Tours has been named the World’s Leading Safari Company at the just concluded World Travel Awards held in Muscat, Oman. Twiga beat tough competition from other local, regional and internati…

Nov 14, 2022
Nairobi Emerges the Only African City in Latest Global Cities Index
Business

Nairobi Emerges the Only African City in Latest Global Cities Index

Kenya’s capital Nairobi is the only African city listed among the 45 global cities that posted growth in Q3 2022, according to the latest Prime Global Cities Index by Knight Frank. Nairobi ranked position 29, two posi…

Nov 9, 2022
President Ruto Says Kenya Airways and South Africa Airways Committed to Form a Pan-African Airline
Business

President Ruto Says Kenya Airways and South Africa Airways Committed to Form a Pan-African Airline

President Ruto has said Kenya Airways (KQ) and South Africa Airways (SAA) are still committed to a strategic partnership to form a Pan-African Airline Group. Speaking during a joint media briefing with his South Afric…

Nov 9, 2022
Labor Court Orders Striking Kenya Airways Pilots to Resume Work on Wednesday
Business

Labor Court Orders Striking Kenya Airways Pilots to Resume Work on Wednesday

The Employment and Labor Relations Court has directed Kenya Airways (KQ) pilots to call off their industrial action and return to work on Wednesday at 6 a.m. In a ruling on Tuesday, Justice Anna Mwaure also ordered th…

Nov 8, 2022
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Kenya Partners with a Multinational Company to Manufacture Affordable Green Fertilizer
Business

Kenya Partners with a Multinational Company to Manufacture Affordable Green Fertilizer

Kenya has signed a deal with an Australian-based multinational to set up a 300MW capacity green ammonia and green fertilizer plant in the country by 2025. The agreement with Fortescue Future Industries (FFI), which ha…

Nov 7, 2022
Kenya Airways Urges Customers to Cancel Tickets Due to Pilots’ Strike, Offers Refund
Business

Kenya Airways Urges Customers to Cancel Tickets Due to Pilots’ Strike, Offers Refund

Kenya Airways (KQ) has urged its customers who have opted not to travel due to the ongoing pilots’ strike to cancel their tickets. The carrier apologized to its customers over the impasse and promised to offer them a…

Nov 6, 2022
CS Moses Kuria Holds Talks with US Trade Representative Katherine Tai
Business

CS Moses Kuria Holds Talks with US Trade Representative Katherine Tai

Trade, Investments and Industry Cabinet Secretary Moses Kuria on Thursday held virtual talks with United States Trade Representative Katherine Tai. The two discussed ways to augment bilateral trade relations between t…

Nov 4, 2022
Kenya Airways Pilots to Commence Strike on Saturday
Business

Kenya Airways Pilots to Commence Strike on Saturday

Kenya Airways (KQ) pilots will down their tools on Saturday after the airline’s management failed to address their grievances, Kenya Airline Pilot Association (KALPA) has announced. KALPA CEO Captain Muriithi Nyagah s…

Nov 4, 2022
Trade CS Moses Kuria Reveals Government’s Plan to Ban Mitumba
Business

Trade CS Moses Kuria Reveals Government’s Plan to Ban Mitumba

Investments, Trade and Industry Cabinet Secretary Moses Kuria has revealed the government’s plan to ban the importation of second-hand clothes, commonly known as mitumba. While pledging to empower the local textile in…

Nov 2, 2022
Kenya Ready for More Trade Deals with the US, President Ruto Says
Business

Kenya Ready for More Trade Deals with the US, President Ruto Says

President Ruto has said Kenya is ready for more trade deals with the US under the African Growth and Opportunity Act (AGOA) program, which gives Kenya and 40 other sub-Saharan African countries duty-free access to the…

Oct 31, 2022
Kenya Airways Obtains a Court Order Stopping Looming Pilots’ Strike
Business

Kenya Airways Obtains a Court Order Stopping Looming Pilots’ Strike

The Labor court on Monday issued an injunction stopping the looming strike by Kenya Airways (KQ) pilots pending the hearing and determination of an application filed by the national carrier. Kenya Airways pilots, thro…

Oct 31, 2022
President Ruto Directs KRA to Collect Sh3 Trillion in the Next Financial Year
Business

President Ruto Directs KRA to Collect Sh3 Trillion in the Next Financial Year

President Ruto says Kenya Revenue Authority (KRA) must establish a strong and transparent system that will allow the country to transition from overtaxing trade to undertaxing wealth. Ruto, who spoke during the annual…

Oct 28, 2022
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