Latest business news in Kenya Latest business news in Kenya
Latest business news in Kenya Latest business news in Kenya
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Martin K.N Siele is the Content Lead at Business Today. He is also a Quartz contributor and a 2021 Baraza Media Lab-Fringe Graph Data Storytelling Fellow. Passionate about digital media, sports and entertainment, Siele also founded Loud.co.ke

1207 Articles
A Kenya Airways plane. Trading on the national carrier's shares remains frozen for the next 9 months, CMA announced on March 7, 2021. (Photo: Airways Magazine)
MARKETS

Trading Freeze on KQ Shares Extended Ahead of State Take-Over

Weighed down by debt obligations, operational inefficiencies and the Covid-19 pandemic, the airline recorded its worst ever loss of Ksh36.2 billion for the...

2 Mins read
Passengers at the Jomo Kenyatta International Airport. The US has issued a level 4 travel advisory warning its citizens not to travel to the country.
ECONOMY

US Slaps Kenya With Travel Advisory Over Covid-19

"Internal flights are restricted, and road and rail transportation are limited geographically and by curfew," noted the US department of State - referencing...

1 Mins read
Airtel Kenya Managing Director Prasanta Das Sarma. The firm has upgraded 600 sites to offer 5G mobile internet services.
BUSINESSTECHNOLOGY

Airtel 5G to Rival Safaricom After Latest Upgrades

The firm expects the cost of 5G-enabled handsets to fall significantly within the next two years, with Sarma stating: “The 5G handsets right...

1 Mins read
Safaricom headquarters in Nairobi. NSE Chief Executive Geoffrey Odundo noted that selling part of the government's stake in Safaricom and other listed firms would reduce the need for expensive loans.
ECONOMYMARKETS

Raise Ksh792B by Selling Stake in Safaricom, Parastatals – NSE Advises Govt

NSE noted that the State could potentially raise Ksh150 billion by reducing its stake in Safaricom to 25 per cent from the current...

2 Mins read
Uber ChapChap vehicles pictured in Nairobi. The service, as well as Uber Eats for food delivery will be available in Nakuru.
BUSINESSFEATURED ARTICLE

Uber Faces Off With Home-Grown Apps After Launching in Nakuru

Uber is set to face stiff competition from home-grown ride-hailing services such as Wasili Cabs and Rafiki Cabs - which capitalized on the...

2 Mins read
Suresh Bhagwanji Raja (SBR) Shah (seated, left) pictured with other I&M board members. He has resigned as Chairman 47 years after founding the organization.
BUSINESS

I&M Bank Founder Retires After 47 Years at the Top

His replacement as Chairman, Oliver Fowler, is expected to oversee the next phase of I&M's growth in line with their long term strategy....

3 Mins read
Bank notes of different currencies. The Kenya Investment Authority is working with the Kenya Law Reform Commission to create Kenya's first citizenship by investment framework.
ECONOMYFEATURED ARTICLE

Rich Foreigners to Buy Kenyan Citizenship in Plan to Spur Investment

Investors will be required to put their money in high-impact enterprises creating jobs and raising Kenya's export earnings to be eligible. The plan...

2 Mins read
Former Homeboyz Radio presenter and Programmes Controller Shaffie Weru. The revelation of his salary in a demand letter set tongues wagging.
FEATURED ARTICLEMEDIA

How Shaffie Weru’s Ksh680K Salary Compares to Kenya’s Highest Paid Presenters

High ratings translate to increased, more lucrative advertising deals, which are the bread and butter for many media houses. Advertising is what keeps...

5 Mins read
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