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Business

Uber Names Kenya as its Second Largest Market in Africa
Business

Uber Names Kenya as its Second Largest Market in Africa

Taxi hailing firm Uber has named Kenya as its second largest market in the African continent. Uber said that it has 363,000 active users in Kenya in the latest statistics released by the company, as it mark its fourth…

Sep 29, 2017
US Beauty Brand Sundial Expands its Market in Kenya
Business

US Beauty Brand Sundial Expands its Market in Kenya

US beauty brand Sundial Brands Company has entered into a deal with Kenya’s leading beauty retailer and distributor Lintons Beauty World to avail their products in the local market. The deals aims at ensuring that Sun…

Sep 28, 2017
Strathmore University Partners With US Automobile Firm to Offer Training Program
Business

Strathmore University Partners With US Automobile Firm to Offer Training Program

US-based tractor manufacturer Massey Ferguson and Fortune 500 company AGCO have reached a deal with Kenyan Strathmore University Business School (SBC) to offer training on youths on agribusiness. AGCO Africa Vice pres…

Sep 26, 2017
Direct Flights to US to Take Longer, Kenya Airways Says
Business

Direct Flights to US to Take Longer, Kenya Airways Says

National carrier Kenya Airways (KQ) says that it expects that direct flights to the US will take longer than expected, despite having received the green light to do so. KQ Chief Executive Officer Sebastian Mikosz sait…

Sep 23, 2017
US Lawmakers Take Issues With Kenya's Sh43 Billion Arms Deal
Business

US Lawmakers Take Issues With Kenya's Sh43 Billion Arms Deal

Two US members of Congress have sharply castigated a recent report by a government watchdog agency that favorably analyzed Kenya's proposed $418 million (Sh43bn) purchase of US-made combat aircraft. The duo said that…

Sep 23, 2017
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Kenya Airways Eyes US, Europe in Bid to Return to Profitability
Business

Kenya Airways Eyes US, Europe in Bid to Return to Profitability

Kenya Airways Chief Executive Officer says that the airline has met more than 70 per cent of the 100 checklists ahead of its maiden direct trip to the US next year. Sebastian Mikosz said that KQ is currently negotiati…

Sep 22, 2017
Kenyan Pharmaceuticals Firm Agrees on Sh3 Billion Cancer, HIV Drug Deal with US Drugmaker
Business

Kenyan Pharmaceuticals Firm Agrees on Sh3 Billion Cancer, HIV Drug Deal with US Drugmaker

Kenyan pharmaceuticals firm Omaera has announced plans to spend Sh3.1 billion in the next three years for purchase of cancer and HIV drug, Lodonal to market abd sell it across East Africa. In an deal brokered with a U…

Sep 20, 2017
First Kenyan Appointed to the United Nations Tax Committee
Business

First Kenyan Appointed to the United Nations Tax Committee

George Omondi Obell has been appointed to the United Nations Economic and Social Council’s Committee of Experts on International Cooperation in Tax matters (ECOSOC), becoming the first Kenyan to hold the crucial posit…

Sep 20, 2017
Kenya Set for Third Security Audit in US Direct Flights Plan
Business

Kenya Set for Third Security Audit in US Direct Flights Plan

The International Civil Aviation Organization (ICAO) is expected to conduct a third security audit on Jomo Kenyatta International Airport to determine its safety standards. ICAO will be assessing the Kenya's main airp…

Sep 20, 2017
Kenya Defends Sh300 Billion Nairobi-Mombasa High-Speed Expressway Tender to US Firm
Business

Kenya Defends Sh300 Billion Nairobi-Mombasa High-Speed Expressway Tender to US Firm

The government through Kenya National Highways Authority (KENHA) has defended its decision to award US firm Bechtel International Inc a Sh300 billion tender to build a 473-kilometre Nairobi-Mombasa high-speed expressw…

Sep 19, 2017
KRA Unveils New Platform to Help Taxpayers Reactivate Suspended PIN Numbers
Business

KRA Unveils New Platform to Help Taxpayers Reactivate Suspended PIN Numbers

The Kenya Revenue Authority (KRA) has unveiled an online portal that taxpayers will use to reactivate their suspended PINs. The new move provides a reprieve to thousands of Kenyans taxpayers who grappled with strenuou…

Sep 19, 2017
Nairobi Governor Mike Sonko Suspends Matatus Ban from City Center for One Month
Business

Nairobi Governor Mike Sonko Suspends Matatus Ban from City Center for One Month

Nairobi governor Mike Sonko has put to hold an earlier announced ban on matatus operation within the Central Business District for one month. Speaking at a press briefing following a meeting with matatu operators on M…

Sep 18, 2017
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Kenyans to Lose Jobs as Samsung Kenya Plans Downgrade of Workforce
Business

Kenyans to Lose Jobs as Samsung Kenya Plans Downgrade of Workforce

Kenyan workers are set to lose their jobs after world's electronics giant firm Samsung announced plans to cut down its workforce at Nairobi regional office. The South Korean-headquartered company said it will effect a…

Sep 18, 2017
Matatu Owners Oppose Mike Sonko's Ban from Nairobi CBD
Business

Matatu Owners Oppose Mike Sonko's Ban from Nairobi CBD

Matatu owners have rejected the plans by Mike Sonko's administration to ban matatus from Nairobi’s Central Business District(CBD), saying they were never involved in formulation of the traffic movement changes. They s…

Sep 18, 2017
Microsoft Launches Computer Lab for Blind Students in Mombasa
Business

Microsoft Launches Computer Lab for Blind Students in Mombasa

Microsoft has launched a computer lab that will benefit more than 500 pupils at Likoni School for the Blind in Mombasa. Blind students will benefit from an assistive technology computer lab that is fitted with digital…

Sep 16, 2017
Activist Okiya Omtatah Gives Central Bank Seven Days to Remove Kenyatta's Image from Currency
Business

Activist Okiya Omtatah Gives Central Bank Seven Days to Remove Kenyatta's Image from Currency

Activist Okiya Omtatah has given Central Bank of Kenya (CBK) seven days ultimatum to remove founding President Jomo Kenyatta's portrait from Kenya notes and coins. The constitution stipulates that portraits or images…

Sep 15, 2017
US Firm in Tussle Over Sh123 Million with a Kenyan Construction Company
Business

US Firm in Tussle Over Sh123 Million with a Kenyan Construction Company

A United States construction firm is involved in battle over Sh123 million it failed to pay to a Kenyan company. Local contractor Epco Builders has moved to the High Court seeking to have orders barring National Housi…

Sep 15, 2017
US Department of State Lauds Kenya's Budget Transparency
Business

US Department of State Lauds Kenya's Budget Transparency

A new report by US Department of State on the evaluation of countries receiving US financial aid had lauded Kenya's for its transparency standards on budget making process and public expenditure. Public availability…

Sep 15, 2017
Kenya Airways Marks New York City for Its Maiden Direct Flight to US
Business

Kenya Airways Marks New York City for Its Maiden Direct Flight to US

Kenya Airways says that it has scheduled New York City as its first destination when it kick-starts direct flights to the US next year. The national carrier said that it views New York as an aviation hub to mark its e…

Sep 14, 2017
US Defends Awarding of Sh300 Billion Nairobi-Mombasa Highway Tender to American Firm
Business

US Defends Awarding of Sh300 Billion Nairobi-Mombasa Highway Tender to American Firm

The US Government has defended the awarding of a multi-billion-shilling Mombasa-Nairobi Superhighway construction tender to an American firm in absence any competitive bidding. In a statement by the US embassy in Nair…

Sep 14, 2017
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