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Robbers Dig Underground Tunnel, Steal Sh50 Million from KCB Bank in Thika
Business

Robbers Dig Underground Tunnel, Steal Sh50 Million from KCB Bank in Thika

Unknown robbers stole Sh50 million from a Kenya Commercial Bank (KCB) branch in Thika town after digging an underground tunnel to access the safe. Thika KCB bank branch manager Samuel Nganga told the police that he di…

Nov 20, 2017
Airtel Reaps Big from NASA Boycott on Safaricom Products
Business

Airtel Reaps Big from NASA Boycott on Safaricom Products

Airtel has reaped big from opposition National Super Alliance (NASA) call for boycott of Safaricom products. The Indian-owned mobile service provider has signed more than 11,000 new subscribers in Homabay County, a pe…

Nov 19, 2017
Vodafone's CEO in Ghana Speaks about Replacing Ailing Safaricom Boss Bob Collymore
Business

Vodafone's CEO in Ghana Speaks about Replacing Ailing Safaricom Boss Bob Collymore

Yolanda Cuba, the Chief Executive Officer of Vodafone in Ghana has dismissed claims that there is plan to have her replace ailing Safaricom CEO Bob Collymore following his extended sick leave. In a statement on her Tw…

Nov 19, 2017
Government Upbeat JKIA Will Be Cleared for US Direct Flights Plan
Business

Government Upbeat JKIA Will Be Cleared for US Direct Flights Plan

The government has expressed optimism that Jomo Kenyatta International Airport (JKIA) will pass the recent audit by United States Transport department. Speaking to the media on Monday, Transport Cabinet Secretary Jame…

Nov 14, 2017
Safaricom's Market Valuation Drops By Sh20 Billion in One Week of NASA Boycott
Business

Safaricom's Market Valuation Drops By Sh20 Billion in One Week of NASA Boycott

The market valuation of giant mobile service provider Safaricom has reduced by Sh20 billion in the first week of opposition National Super Aliance's calls for boycott of its products, Business Daily reports. Some anal…

Nov 10, 2017
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President Uhuru Strikes Multi-Billion Shilling Partnership Program with Nairobi Governor Mike Sonko
Business

President Uhuru Strikes Multi-Billion Shilling Partnership Program with Nairobi Governor Mike Sonko

The national government and the Nairobi County government have agreed to undertake a joint multi-billion shilling program that focuses on economic and social welfare of Nairobi. In a meeting chaired by President Uhuru…

Nov 9, 2017
COTU Boss Francis Atwoli Appeals to NASA to Drop Products Boycott Calls
Business

COTU Boss Francis Atwoli Appeals to NASA to Drop Products Boycott Calls

Central Organisation of Trade Unions (COTU) has called on opposition National Super Alliance (NASA) to reconsider its decision to push for boycott of products from some companies. In a statement, COTU Secretary Genera…

Nov 7, 2017
NASA Boycott Will Ruin One Million Jobs, Safaricom Dealers Warn
Business

NASA Boycott Will Ruin One Million Jobs, Safaricom Dealers Warn

Safaricom dealers have warned that more than one million Kenyans could lose their jobs as a result of opposition National Super Alliance (NASA) call for boycott of the company's products and services. Speaking during…

Nov 6, 2017
Kenya Gov't Plans to Electrify Standard Gauge Railway by 2021
Business

Kenya Gov't Plans to Electrify Standard Gauge Railway by 2021

The government of Kenya has revealed plans to convert the recently built Standard Gauge Railway (SGR) trains from diesel-powered to electric by 2021. Transport Cabinet Secretary James Macharia said that the government…

Nov 2, 2017
US Officials Begin Audit on JKIA in Direct Flights Plan
Business

US Officials Begin Audit on JKIA in Direct Flights Plan

Officials from the US transport department have kick started a final audit on Jomo Kenyatta International Airport (JKIA) in the ongoing plan to have direct flights between the US and Kenya. On Monday, the US Transport…

Nov 1, 2017
Safaricom CEO Bob Collymore Takes Sick Leave for "A Number of Months" to Receive Specialized Treatment
Business

Safaricom CEO Bob Collymore Takes Sick Leave for "A Number of Months" to Receive Specialized Treatment

Safaricom Chief Executive Officer (CEO) Bob Collymore has taken sick leave and will be away for “a number of months” receiving treatment,the company has announced. “On behalf of the board, management and the entire Sa…

Oct 30, 2017
Kenya to Construct Multi-Billion Shilling Crude Oil Pipeline
Business

Kenya to Construct Multi-Billion Shilling Crude Oil Pipeline

The Government of Kenya has inked a deal with British-based oil and gas exploration firm Tullow Oil for the construction of a multi-billion shilling crude oil pipeline. Through the Ministry of Energy, the government c…

Oct 26, 2017
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Kenya Airways' US Direct Flights Could Be Derailed By Political Uncertainty
Business

Kenya Airways' US Direct Flights Could Be Derailed By Political Uncertainty

There are fears that the political uncertainty facing the country could derail Kenya Airways' hope of operating direct flights to the United States. The US Transportation Security Administration (TSA) was scheduled to…

Oct 24, 2017
Samples of Gas Discovered in Kajiado Sent to the US for Examination
Business

Samples of Gas Discovered in Kajiado Sent to the US for Examination

Samples of natural gas that was recently discovered Kajiado County have been taken to the United States, where laboratory tests will be conducted to establish if the gas is safe for extraction. Government-owned Nation…

Oct 24, 2017
Government Plans Sh37 billion Second Runway at JKIA
Business

Government Plans Sh37 billion Second Runway at JKIA

The Government has announced plans to construct a second runway at the country's largest airport, Jomo Kenyatta International Airport (JKIA) in a bid aimed at improving its operations. Kenya Airports Authority (KAA) s…

Oct 19, 2017
TSA to Conduct Audit on JKIA as Kenya Edges Closer to US Direct Flights
Business

TSA to Conduct Audit on JKIA as Kenya Edges Closer to US Direct Flights

United States' Transportation Security Administration (TSA) is scheduled to carry out an audit on Jomo Kenyatta International Airport (JKIA) at the end of this month to scrutinize its safety standards before it is gra…

Oct 11, 2017
Kenya Airways Named Africa's Leading Airline
Business

Kenya Airways Named Africa's Leading Airline

Kenya Airways has been named the leading airline in the Africa continent for the second consecutive year at the 24th Annual World Travel Awards event held on Tuesday in Kigali, Rwanda. Kenya Airways pipped other 2017…

Oct 11, 2017
Raila Disowns Advert Asking NASA Supporters to Boycott Safaricom Products
Business

Raila Disowns Advert Asking NASA Supporters to Boycott Safaricom Products

National Super Alliance (NASA) presidential candidate leader Raila Odinga has dismissed an advert doing rounds on Social Media asking his supporters to boycott Safaricom's services. In a tweet, the opposition leader s…

Oct 10, 2017
Safaricom CEO Bob Collymore Warns Politicians against Attacking His Employees
Business

Safaricom CEO Bob Collymore Warns Politicians against Attacking His Employees

Safaricom Chief Executive Officer (CEO) Bob Collymore has told politicians to desist from attacking his employees. This comes days after National Super Alliance (NASA) presidential candidate Raila Odinga named six Saf…

Oct 3, 2017
US Lender Loans Sh155 Million to Kenya's Boda Boda Firm
Business

US Lender Loans Sh155 Million to Kenya's Boda Boda Firm

A US firm has loaned Sh155 million to a Mombasa-based lender who finances the purchase of motor cycle taxis (boda bodas) on credit in a bid boost its expansion in Kenya and grow its market share. Under the deal, Watu…

Sep 29, 2017