Kenya Airways Ramps Up Weekly New York Flights to Nine
Kenya Airways (KQ), has introduced two additional flights on the New York route between 15th June 2024 and 28th September 2024, covering the summer peak season. The new detailed flight [...]
Nissan and Honda Sign Partnership Deal to Collaborate on EVs
Nissan and Honda have signed a Memorandum of Understanding to share resources and technological insights as both companies intend to upscale the manufacturing of electric vehicles (EVs). The two auto [...]US TikTok Ban Worries ByteDance, Content Creators
The House of Representatives in the USA passed a bill on Wednesday that could lead to TikTok facing a national ban if the Chinese company ByteDance Limited does not sell [...]American Airlines Orders 85 Boeing 737 Max 10 Despite Failed FAA Tests
American Airlineshas placed an order for 260 new narrow-body jets, including dozens ofBoeing’slong-delayed 737 Max 10. American’s CFO Devon May said it would also convert orders for 30 737 Max [...]LemFi Hires Ex OPay COO, Allen Qu to lead China Expansion
Allen Qu will lead LemFi’s growth efforts amongst the Chinese diaspora. With over 14 years of professional experience, Allen has a track record of building multi-billion dollar companies in many [...]
Kenya to Resume Bulk Avocado Exports this March
Kenya will resume the export of avocado fruits in March this year after the Agricultural Food Authority (AFA) lifted its three-month suspension. Kenya exports its avocado fruits to the Netherlands, [...]
Here's What's Happening to the Kenya Shilling
The Kenya Shilling continues to soar against the USD as local investors dump dollars on bets that the greenback shortage is over. The Kenya Shilling has rallied against the greenback [...]BAT Kenya Net Profit Drops 18.8% to KSh5.6Bn As Taxes Bite
British American Tobacco (BAT) Plc, a listed tobacco manufacturer, has posted an 18.8% decline in its net profit for the full year 2023 to KSh 5.6 Billion from KSh 6.9 [...]Kenya Plans US$ 500mn Japanese Bond
Kenya has entered into a memorandum of understanding with Japan that will see the East African nation issue a Samurai Bond. “The upgrade of transformers will reduce energy losses in [...]Kenya Floats Tender for Maturing US$ 2 Billion Eurobond
Kenya has announced a tender offer for its US$ 2 billion, 6.875% notes that are due to mature this June 2024. Receipt by Citibank NA London of all of the [...]Multichoice Rejects Canal Plus' Acquisition Offer
Multichoice board of directors has halted a buyout deal from Canal plus stating that the value of the South African company surpasses the initial offer. Canal Plus has built its [...]Climate Investment Funds Endorse Kenya’s $70m Energy Plan
The Climate Investment Funds (CIF), through its Trust Fund Committee, has endorsed a $70 million plan, with an initial allocation of $46.39 million. It is expected to mobilize at least [...]
