Business

748 Air launches direct flights to Kisumu from JKIA

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

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

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

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

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

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

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

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

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

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…
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