Business
748 Air launches direct flights to Kisumu from JKIA
May 20, 2021
748 Air launches direct flights to Kisumu from JKIA
Aviation Company 748 Air Services has launched direct flights to Kisumu in a move expected to step up on the…
President Kenyatta commissions Lamu Port
May 20, 2021
President Kenyatta commissions Lamu Port
President Uhuru Kenyatta has commissioned the first three berths of the new Lamu Port. The newly built Port of Lamu…
Uhuru woos American SMEs
May 20, 2021
Uhuru woos American SMEs
President Uhuru Kenyatta is now charming American Small and Medium Enterprises (SMEs) to invest in Kenya to help unlock the…
How government’s laxity is killing Kenya’s sugar subsector
May 19, 2021
How government’s laxity is killing Kenya’s sugar subsector
Sugar industry stakeholders are decrying government laxity in cracking down on illegal sugar importation in the country. According to the…
MPs back Treasury bid to exempt KQ from 1% minimum tax
May 19, 2021
MPs back Treasury bid to exempt KQ from 1% minimum tax
Members of Parliament (MPs) have approved the National Treasury’s decision to exempt Kenya Airways (KQ) and its subsidiaries from paying…
Kenya to receive second payment of IMF’s Ksh.255 bn loan facility
May 19, 2021
Kenya to receive second payment of IMF’s Ksh.255 bn loan facility
The International Monetary Fund (IMF) has cleared Kenya to receive its second batch of an advanced loan facility of Ksh.44.07…
New Airline launches direct flight to Kisumu from JKIA
May 18, 2021
New Airline launches direct flight to Kisumu from JKIA
Local air carrier, 748 Air Services has announced plans to roll out daily direct flights from the Jomo Kenyatta International…
Ascent raises Ksh.10.8 billion as it announces first close of Ascent Rift Valley Fund II
May 18, 2021
Ascent raises Ksh.10.8 billion as it announces first close of Ascent Rift Valley Fund II
African SME private equity fund manager, Ascent has announced the first rolling close of its Ascent Rift Valley Fund II…
Dubai hotels to operate at full capacity as UAE relaxes COVID-19 restrictions
May 18, 2021
Dubai hotels to operate at full capacity as UAE relaxes COVID-19 restrictions
Dubai has officially eased COVID-19 restrictions allowing hotels in the regional tourism hubs to function at full capacity. The Government…
CMA lists seven firms to its innovation hub
May 18, 2021
CMA lists seven firms to its innovation hub
The Capital Markets Authority (CMA) has admitted seven firms to its Regulatory Sandbox. The innovation hub allows firms to test new…