KQ mulls a closer relationship with SAA
The national carrier was taken under government control in November after posting the biggest loss in the nation’s corporate history in 2016 and...
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Politics, drought bogged down Kenya’s economy last year
Gross domestic product increased 4.9%, down from 5.85% in 2016, the Kenya National Bureau of Statistics said Wednesday
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China macadamia appetite makes coffee farmers go nuts
Farmgate prices for unshelled nuts have risen to as high as Ksh 180 a kilogramme this season from about Ksh 70 at the...
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Nairobi-Mombasa highway project faces delays over debt worries
The contractor, San Francisco-based Bechtel Group Inc., has arranged commercial loans for Kenya to undertake the project but there are fears the Ksh...
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Struggling Uchumi needs Sh4b urgently, CEO reveals
He reveals the supermarket chain's management is following different channels to secure Ksh 7 billion of financing but declined to name potential suitors
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Kenya urged to rethink fiscal-consolidation plan
The National Treasury wants to trim the gap to 3% by 2021 by cutting spending mainly on development projects rather than recurring expenses
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African leaders sign pact to open borders for traders
More than 40 nations signed the African Continental Free Trade Area agreement, which commits governments to removing tariffs on 90% of goods and...
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NBK mulls branch closures to cut costs
NBK will make a decision early in the second quarter on the number of outlets it will shut, CEO Wilfred Musau said Monday...
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