Tourist Arrivals in Kenya hit 305,635 between January-June 2021
Tourist arrivals in Kenya reached 305,635 between January and June 2021, more than the total yearly arrivals recorded last year, a sign that the industry is on a solid rebound. [...]
Linkham Group Completes Acquisition of Stake in Resolution Insurance Kenya
Linkham Group, a Mauritius headquartered global insurance services firm, has confirmed the completion of its acquisition of a majority stake in Resolution Insurance Kenya. The deal will see Linkham Group [...]Delta Airlines Posts $652 Million Net Income in Q2 2021
Delta Airlineshas posted a $652 million net income in Q2 2021, its first quarterly profit since the global COVID-19 pandemic began, the carrier says it now expects to stay in [...]
Global Markets News; US Stocks, Q2 Earnings, SA Unrest, ByteDance IPO
France Fines Google €500M over news copyrights The French Antitrust Agency said on Tuesday fined tech giant Google €500 million due to the company failing to reach a deal with [...]
Paytm Announces Plans for $2.2 Billion IPO
Paytm, India's digital payments startup is readying a $2.2. billion Initial Public Offering (IPO), and is just awaiting shareholders' approval during a July 12 meeting. If successful, this will be [...]US Stocks; Amazon, Microsoft, Didi
Stocks on Wall Street closed lower on Tuesday following an extended weekend for America's Independence Day. The SP 500 closed 0.20% lower after last week's breaking of its 7-dayrallylast seen [...]KenGen to Earn KSh 119 Million from 550,981 Carbon Credits Sale
Kenya Electricity Generating Company (KenGen) is to benefit from its Clean Development Mechanism (CDM) Projects, earning an estimated KSh 119 Million. This follows the issuance of additional 309,495 Certified Emission [...]KCB, Equity Group On List of Africa's Top 25 largest lenders
KCB Group is placed in the first position as East Africa's largest lender according to the 2021 Top 1,000 World Banks Ranking released by The Banker Magazine. These rankings are [...]Relief for Boeing as United Airlines Orders 200 737 MAX Jets
United Airlines has ordered an additional 200 Boeing 737 MAX jets, the largest single airplane order for a U.S. airline since American Airlines ordered 200 MAX planes in July 2011. [...]IMF Approves $56 Billion Debt Relief for Sudan
The International Monetary Fund (IMF) has approved close to $56 billion in debt relief for Sudan, accepting the country into the Highly Indebted Poor Countries (HIPC) initiative. This is alongside [...]Rolls Royce Invests in Energy Startup, Kowry Energy
Rolls Royce has announced that it is investing in Berlin-based start-up Kowry Energy, a provider of sustainable and decentralized energy systems that supports the sustainable expansion of energy infrastructure in [...]Google Rolls Out $6 Million Programme to Support African Startups
Google has rolled out three programmes worth $6 million, seeking to support women and young entrepreneurs and innovators in at least thirteen African countries. In the first programme, the firm [...]
