Business

Kenya Airways resumes direct weekly cargo flights to New Delhi

Kenya Airways resumes direct weekly cargo flights to New Delhi

The national carrier Kenya Airways (KQ)’ freight division cargo has announced the resumption of its cargo services to New Delhi.…
Remittance inflows slipped by 7.07% in January

Remittance inflows slipped by 7.07% in January

Remittance inflows in January dropped by 7.07 percent from what the country received in December, according to new data from…
Treasury gets Ksh. 5bn cash transfer from CBK over cash crunch

Treasury gets Ksh. 5bn cash transfer from CBK over cash crunch

In what is a pointer to the dire straits in which the National Treasury is in, the board of the…
WPP scangroup shares drop after suspending two top executives

WPP scangroup shares drop after suspending two top executives

WPP Scangroup shares faced a nosedive on Friday after the company suspended its Chief Executive Bharat Thakrar and head of…
NCPB now seeks waiver on fertilizer subsidy loan worth Ksh4.5 billion

NCPB now seeks waiver on fertilizer subsidy loan worth Ksh4.5 billion

The National Cereals and Produce Board (NCPB) is now seeking for an interest rate waiver on a Ksh.4.5 billion loan…
60 % of households don’t have food to last a week

60 % of households don’t have food to last a week

By Vincent Odhiambo | The economic shockwaves of the coronavirus pandemic are still being felt across the country, since the…
World Bank appoints Makhtar Diop as MD, Vice President of IFC

World Bank appoints Makhtar Diop as MD, Vice President of IFC

The World Bank has appointed Makhtar Diop as the new Managing Director and Executive Vice President of the International Finance…
KQ suspension from NSE extended for further 6 months

KQ suspension from NSE extended for further 6 months

The new entity will further comprise a new Kenya Airports Authority (KAA) and the Aviation Investment Corporation.
Comparison of Coronavirus & SARS and their impact on Kenya’s economy

Comparison of Coronavirus & SARS and their impact on Kenya’s economy

The SARS virus, which also originated from China in the year 2003 has striking similarities to the new Coronavirus (COVID-19),…
Kenya Airways to operate domestically, cancels international flights

Kenya Airways to operate domestically, cancels international flights

Kenya Airways has suspended all of its international flights effective March 25.In a statement on Sunday, East Africa’s giant airline…
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