Members of Parliament have suspended a proposed merger between Kenya Airways (KQ) and the Kenya Airports Authority (KAA), leaving the cash-strapped national carrier facing a bleak future based on its weak financial standing. The Public ….
Millionaire British printing firm owner Nicholas Smith, found guilty in 2015 of bribing Kenyan bureaucrats and tenderpreneurs to win multimillion-shilling contracts, has finally walked out of prison after completing a three-year sentence, but his accomplices ….
Authorities Thursday ordered Kiambu politician and county official David Kariuki Ngare’s assets seized to recover Sh1 billion he allegedly illegally withdrew from Ekeza Sacco to fund his lifestyle. An official inquiry report by Co-operatives ministry ….
By JAMES KARIUKI South Korea will spend Sh10 billion to set up Kenya’s first graduates-only information technology university on a 22-acre plot at Konza Technopolis, Machakos. The institute, Kenya Advanced Institute of Science and Technology ….
Britam Tower has clinched the Emporis Skyscraper Award, making it the only building in Africa to feature among top 10 buildings in the world in the award’s nine-year history. Emporis Skyscraper Award is the world’s ….
Banking counters at the Nairobi Securities Exchange offer the most attractive buys this year, according to analysts at Genghis Capital. In a report dubbed Playbook 2019, analysts found that an investor looking to generate income ….
Kenya has been ranked the third most attractive African market for private equity (PE) funding, indicating the huge promise in East Africa’s largest economy despite multiple challenges arising from a recent pile-up of public debt. ….
History was made on Sunday night in Kenya (at 4:29 pm Eastern Time) when KQ’s Boeing 787 Dreamliner left the Jomo Kenyatta International runway heading to New York. The jet was flagged off by President ….
The Kenya Revenue Authority (KRA) has ordered oil marketers to issue electronic receipts to motorists fuelling at their stations. The receipts are required to show tax paid by customers each time they fuel their vehicles. ….
Two days to the inaugural direct flight from Nairobi to New York, Kenya Airways is still struggling in keeping their staff dedicated to the airline. The Kenya Aviation workers union issued a directive last week asking their ….
Equity Bank is among The Top 1000 Banks in the World in a report released by the Banker Magazine of UK. According to the ranking, Equity Bank was placed first in Kenya, an improvement from last year’s ….
Paid ad: Twenty six billion shillings! That’s how much Kenyans in the Diaspora remitted back home in June 2018. With Diaspora remittances now accounting for 4% of GDP, they have become a key support for the ….