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Business

Air France Resumes Operations to Nairobi after 18-Year Hiatus
Business

Air France Resumes Operations to Nairobi after 18-Year Hiatus

Air France has announced that it will be resuming operations between Paris and Nairobi beginning March next year, marking the end of an 18-year hiatus. The new move by the international airline further signals the ris…

Jul 25, 2017
Sh10 Billion Kenya Airways Aircraft Grounded after JKIA Accident
Business

Sh10 Billion Kenya Airways Aircraft Grounded after JKIA Accident

Kenya Airways was on Sunday night forced to ground one of its aircraft and book the Johannesburg-bound passengers on other flights following an extensive damage on it prior to take-off. In a statement, the airline sai…

Jul 25, 2017
Hong Kong-Based Airline Launches Sh4.6 Million-a-Ticket Luxury Flights to Nairobi
Business

Hong Kong-Based Airline Launches Sh4.6 Million-a-Ticket Luxury Flights to Nairobi

A Hong Kong-based airline operator will be launching a Sh4.6 million per ticket luxury flight to Nairobi, which will be targeting super-rich individuals from Asia keen to sample Kenya’s prime holiday destinations. Cry…

Jul 24, 2017
President Uhuru Opens Sh2.5 Billion Isiolo International Airport
Business

President Uhuru Opens Sh2.5 Billion Isiolo International Airport

Kenyans and foreign visitors will now be able to fly to the Northern parts of Kenya after President Uhuru Kenyatta opened the newly built KSh 2.5 billion Isiolo International Airport, which is a part of the Lamu Port-…

Jul 24, 2017
Facebook to Train Young Kenyan Women Enterprenuers on Digital Marketing
Business

Facebook to Train Young Kenyan Women Enterprenuers on Digital Marketing

Facebook will be rolling out a program to train young Kenyan women from Nairobi, Mombasa, Nakuru and Kisumu on the utilization of social media as a digital marketing platform. The program will train over 1,000 female…

Jul 22, 2017
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Kenya's Giant Betting Firm SportPesa Launches in Italy
Business

Kenya's Giant Betting Firm SportPesa Launches in Italy

Kenya’s giant betting firm SportPesa has continued with its aggressive global spread out as it looks to convert to a multinational enterprise. Just months after launching in Tanzania and in the United Kingdom, the gam…

Jul 21, 2017
Asia's Richest Man, Jack Ma Promises to Market Kenya Abroad
Business

Asia's Richest Man, Jack Ma Promises to Market Kenya Abroad

Asia’s richest man Jack Ma, who is on a two-day visit to the country, has promised to market Kenya in his tours around the world, saying that Kenya has massive but largely unexploited potential. “Will I be the ambassa…

Jul 21, 2017
Kenya in Row with US Billionaire Bill Gates-Backed Chain Schools
Business

Kenya in Row with US Billionaire Bill Gates-Backed Chain Schools

The Government of Kenya through the Ministry of Education is embroiled in a row with the World Bank and United States billionaire’s Bill Gates-backed group of low-cost schools that largely operate in slums and rural a…

Jul 21, 2017
US Hedge Fund in Battle to Control Kenyan Cloud Storage Firm
Business

US Hedge Fund in Battle to Control Kenyan Cloud Storage Firm

Cloud storage data firm Angani Limited shareholders are embroiled in an ownership tussle pitting United States hedge fund BSP, former Google policy manager for Africa Ory Okolloh, and 14 other local and foreign indivi…

Jul 20, 2017
US Delivers War Chopper to Kenyan Forces
Business

US Delivers War Chopper to Kenyan Forces

The Kenya Air Forces (KDF) has received two additional helicopters from the United States as it fulfills its pledge to strengthen the Kenyan military in the war against Somalia-based terror group Al-Shabaab. Last Dece…

Jul 20, 2017
Asia's Richest Man Jack Ma Lands in Kenya with 38 Chinese Billionaires
Business

Asia's Richest Man Jack Ma Lands in Kenya with 38 Chinese Billionaires

Chinese Billionaire Jack Ma, Asia’s richest man, landed in Kenya on Wednesday evening, carrying with him a delegation of 38 billionaires drawn from China. Ma, the founder and executive chairman of Chinese e-commerce b…

Jul 20, 2017
Business

US Firm Gets Lion's Share in Kenya Airways' Fees

A United States-based advisory firm leading Kenya Airways’ (KQ) balance sheet reformation will be getting the lion’s share of the Sh1.4 billion that is set aside for payment to transaction advisers. The firm, PJT Part…

Jul 18, 2017
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Business

Tanzania Warns Kenya Over Exports Ban

Tanzania has warned Kenya that it will slap retaliatory bans on Kenyan products entering Tanzania if Kenya fails to lift ban it imposed on their products. Diplomatic and trade relations between Kenya and Tanzania seem…

Jul 18, 2017
Business

Asia's Richest Man to Tour Kenya on Monday

Kenya is set to receive another world high profile guest after receiving former US president Barrack Obama, Catholic Pope Francis, Israel Prime Minister Benjamin Netanyahu, India Prime Minister Narendra Mondi among ot…

Jul 14, 2017
Business

Kenya Asks Google to Bring Down Mutahi Ngunyi's Video Channel

A fresh storm is looming between the Government of Kenya and global giant internet firm Google over 'dangerous' content published on the latter's YouTube channel. The Government has raised alarm over the proliferation…

Jul 14, 2017
Business

President Uhuru to Launch Digital Driving Licenses

Kenya will be doing away with the old driving licenses and ushering in digital driving licensing, whose roll-out is scheduled to begin early next month after launch by President Uhuru Kenyatta. The National Transport…

Jul 12, 2017
Business

Survey Reveals Kenyan Banks with High Account Charges

A newly released report lists Standard Chartered Bank as the financial institution that charges highest maintenance and transaction costs for customers' accounts among Kenya’s leading banks. The report, which was comp…

Jul 12, 2017
Business

Kenya Moves to Quell Looming Diplomatic Row with Tanzania

Kenya has moved in to quell a looming diplomatic row with neighboring Tanzania, after Kenya banned the importation of cooking gas from Tanzania through the Namanga border. The government has announced that it will pur…

Jul 12, 2017
Business

Safaricom Rolls Out Face Recognition System for MPesa Users

In a bid to curb fraud, Kenya’s giant telecommunication firm Safaricom says that mobile money (MPesa) agents will soon begin using photos to identify those withdrawing or depositing money via the platform. Safaricom s…

Jul 11, 2017
Business

Three Kenyan Churches Join Billionaire Club

After a recent report by the Kenya Revenue Authority (KRA) showing more than 100 Kenyans who have joined the Billionaire club owing to their annual profits, it has emerged that at least three Kenyan churches are also…

Jul 11, 2017
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