Updates
Death Announcement: Danson Kungu Njuguna of Lowell, MassachusettsTrendingKenyan-American Business Owner Sentenced to Over 4 Years in Prison for $1.5 Million Employment Tax FraudTrendingLiberian Immigrant Convicted of Naturalization Fraud and Ordered Removed from U.S.TrendingKenyan Diaspora in Britain Mourns James Mwangi After Sudden Death in DerbyTrendingNewsmax Presenter Apologises After Saying American Cities Are Starting to Look Like Nairobi, Not New YorkTrendingUSCIS to Increase Immigration Fees from October 16, Affecting Kenyan DiasporaTrendingUK Authorities Await Post-Mortem Findings in Death of Kenyan Student Nelbert Rirei
AdvertisementTop banner · 970×90 / 728×90

Business

Kenya Airways Leases Planes to Congo Airways Under Codeshare Deal
Business

Kenya Airways Leases Planes to Congo Airways Under Codeshare Deal

National carrier Kenya Airways (KQ) has leased two planes to Congo Airways under a cargo codeshare deal. The aircraft lease agreement between the two airlines was signed on Monday as they began operating a cargo codes…

Sep 13, 2021
Nairobi's InterContinental Hotel Movable Assets to be Auctioned After Closure
Business

Nairobi's InterContinental Hotel Movable Assets to be Auctioned After Closure

The proprietors of InterContinental Hotel in Nairobi have put up several movable assets on sale as they prepare to lease out the building or convert it into a mixed-use property. Garam Auctioneers announced they recei…

Sep 13, 2021
KRA Freezes Kenyatta University Bank Accounts over Tax Arrears
Business

KRA Freezes Kenyatta University Bank Accounts over Tax Arrears

Kenya Revenue Authority (KRA) has frozen all bank accounts belonging to Kenyatta University over tax arrears.  The tax authority took the step after the institution failed to remit statutory deductions amounting to Sh…

Sep 12, 2021
MPs Probe US Energy Company's Deals with Kenya Power
Business

MPs Probe US Energy Company's Deals with Kenya Power

The National Assembly is investigating American energy company Ormat Technologies' deals with Kenya Power and Lighting Company (KPLC). In its filings with the US Securities Exchange Commission (SEC), Ormat says Kenyan…

Sep 7, 2021
Kenya Airways Cuts New York Nonstop Flights Due to Low Demand
Business

Kenya Airways Cuts New York Nonstop Flights Due to Low Demand

Kenya Airways (KQ) has reduced the number of direct flights to the United States from three to two a week. The move follows a drop in the number of passengers on the route, with the national carrier recording a cabin…

Sep 7, 2021
AdvertisementIn-feed ad
Meet Anthony Muthungu, Founder of Kenya's First USB Cable Manufacturing Company
Business

Meet Anthony Muthungu, Founder of Kenya's First USB Cable Manufacturing Company

When all his six USB cables stopped working despite being brand new, Anthony Muthungu saw a business idea and has never looked back. Muthungu founded TotoSci Holdings Ltd, Kenya’s first USB cable manufacturing company…

Aug 24, 2021
UK to Pump Sh20 Billion into Uhuru’s Big Four Projects
Business

UK to Pump Sh20 Billion into Uhuru’s Big Four Projects

The UK is set to invest Sh20 billion into President Uhuru’s Big Four projects, including manufacturing and affordable housing. The new government and private investment were announced by UK Foreign Secretary Dominic R…

Jul 27, 2021
Nairobi’s InterContinental Hotel Owners Seek New Tenants
Business

Nairobi’s InterContinental Hotel Owners Seek New Tenants

The owners of the building that housed InterContinental Hotel in Nairobi are mulling leasing it out or converting it into a mixed-use property. Kenya Hotel Properties (KHP) wants to hire a consultant to advise on a ch…

Jul 24, 2021
Kenya Airways Introduces Sh180,000 One-Month Course for Drone Pilots
Business

Kenya Airways Introduces Sh180,000 One-Month Course for Drone Pilots

Kenya Airways (KQ) has launched a training course for aspiring drone pilots as part of its plan to diversify its revenue streams in the wake of reduced passenger demand. The training program offered by the national ca…

Jul 23, 2021
KICC Faces Auction over Sh450 Million Debt Owed to KRA
Business

KICC Faces Auction over Sh450 Million Debt Owed to KRA

Kenyatta International Convention Centre (KICC) could loss some of its assets over a Sh450 million tax debt owed to Kenya Revenue Authority (KRA). In her 2018/2019 report to parliament, Auditor-General Nancy Gathungu…

Jul 17, 2021
"Time to Think": KQ Launches New Service Allowing Customers to Book Flight and Pay Later
Business

"Time to Think": KQ Launches New Service Allowing Customers to Book Flight and Pay Later

National carrier Kenya Airways (KQ) has launched a new service dubbed “Time to Think.” The product gives KQ customers additional time before making payments for their flight bookings. Under the new service, travelers…

Jul 13, 2021
University of Nairobi Doubles Tuition Fees Amid Financial Woes
Business

University of Nairobi Doubles Tuition Fees Amid Financial Woes

The University of Nairobi (UoN) has doubled fees for parallel degrees and postgraduate courses in a move aimed at making a financial turnaround. The oldest high learning institution in the country is experiencing fina…

Jul 12, 2021
AdvertisementIn-feed ad
Chris Kirubi's Son-In-law to Take Control of Centum, His Multi-Billion-Shilling Real Estate Company
Business

Chris Kirubi's Son-In-law to Take Control of Centum, His Multi-Billion-Shilling Real Estate Company

Andrew Musangi, the son-in-law of the late businessman Chris Kirubi is poised to take over control of the deceased’s real estate company - Centum Real Estate. Musangi, who is the husband of Kirubi’s only daughter Mary…

Jul 7, 2021
Nakuru Hotels Report 100% Bookings Courtesy of WRC Safari Rally Event
Business

Nakuru Hotels Report 100% Bookings Courtesy of WRC Safari Rally Event

The hotel industry in Nakuru County has reaped big from the ongoing World Rally Championships (WRC) Safari Rally Kenya. Hotels in Naivasha, Nakuru, and Elementaita have reported 100 percent bookings courtesy of local…

Jun 25, 2021
Over 3.8 Million Kenyans File Tax Returns Ahead of June 30th Deadline
Business

Over 3.8 Million Kenyans File Tax Returns Ahead of June 30th Deadline

Kenya Revenue Authority (KRA) says more than 3.8 million Kenyans had filed their tax returns as of June 20th. This represents a 20 percent growth compared to 3.1 million returns filed by the same date last year. Grace…

Jun 23, 2021
Kenya Airways Signs Expanded Codeshare Deal with Delta Airlines
Business

Kenya Airways Signs Expanded Codeshare Deal with Delta Airlines

Kenya Airways (KQ) has signed an expanded code-share agreement with US-based Delta Airlines, opening up new destinations for the two airlines. Through its nonstop flights from Nairobi to New York, Kenya Airways is exp…

Jun 22, 2021
Billionaire Manu Chandaria Loses Company over Sh4.3 Billion Debt
Business

Billionaire Manu Chandaria Loses Company over Sh4.3 Billion Debt

A company linked to billionaire Manu Chandaria has been placed under receivership over a Sh4.3 billion debt. Kaluworks Limited, which is part of Chandaria’s Comcraft Group was placed under receivership by the NCBA Gro…

Jun 21, 2021
Cytonn Investments is Not a Licensed Entity, CMA Says
Business

Cytonn Investments is Not a Licensed Entity, CMA Says

The Capital Markets Authority (CMA) has opened a probe against Cytonn Investments following numerous complaints from investors. The regulator said it is looking into Cytonn High Yield Solutions (CHYS) and Cytonn Proje…

Jun 19, 2021
Kenya Airways to Resume Direct Flights to London
Business

Kenya Airways to Resume Direct Flights to London

Kenya Airways (KQ) is slated to resume flights to and from the UK on June 26th after a two-month hiatus. The restart of direct flights between London’s Heathrow Airport and Jomo Kenyatta International Airport (JKIA) f…

Jun 19, 2021
World Bank Approves Sh81 Billion Loan to Support Kenya’s COVID-19 Recovery
Business

World Bank Approves Sh81 Billion Loan to Support Kenya’s COVID-19 Recovery

The World Bank has approved a loan of $750 million (Sh81 billion) to Kenya to support the country’s economic recovery from the COVID-19 pandemic. The international lender said the development policy operation (DPO) lo…

Jun 12, 2021
‹ NewerOlder stories ›