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    Kenya Business news

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    Kenya Airways Overhauls Board as Search for New CEO Intensifies

    Kenya Airways Overhauls Board as Search for New CEO Intensifies

    Kenya Airways appointed Kiprono Kittony as chairman as economist David Ndii, corporate strategist Chris Diaz and finance scholar Winnie Nyamute join the airline’s board in a leadership overhaul. The appointments come as the loss-making carrier advances its turnaround strategy and searches for a strategic investor following a profit warning, aircraft groundings and the exit of former CEO Allan Kilavuka.
    Harry
    Harry Njuguna
    a month ago
    Digital Trust is the New Currency for Africa's Small Businesses- Zoho Kenya Country Head

    Digital Trust is the New Currency for Africa's Small Businesses- Zoho Kenya Country Head

    As AI capabilities become embedded in business software, SMEs face a choice about how they approach these powerful tools. The risks are not merely theoretical.
    Veerakumar
    Veerakumar Natarajan
    a month ago
    Kenyan Firms Step Up Hiring Despite Limited Growth-Stanbic PMI

    Kenyan Firms Step Up Hiring Despite Limited Growth-Stanbic PMI

    Kenya's employment growth quickened in February compared to January, even as broader private sector momentum eased, according to the latest Stanbic Bank Kenya Purchasing Managers’ Index
    Fred
    Fred Obura
    a month ago
    IMF Mission Ends Kenya Visit With Call for Stronger Fiscal Discipline

    IMF Mission Ends Kenya Visit With Call for Stronger Fiscal Discipline

    An IMF staff mission led by Haimanot Teferra concluded a visit to Nairobi after discussions with the National Treasury and Central Bank of Kenya on fiscal policy and economic risks. The Fund urged stronger fiscal discipline, improved governance, and greater resilience to external shocks. Talks on a potential new IMF program continue ahead of the IMF–World Bank Spring Meetings, following the stalled completion of Kenya’s US$3.6 billion 2021–2025 program.
    Harry
    Harry Njuguna
    a month ago
    Vodafone to Use Amazon Leo Satellites for Rural Coverage

    Vodafone to Use Amazon Leo Satellites for Rural Coverage

    Vodafone has signed an agreement with Amazon Leo, Amazon’s low Earth orbit satellite network, to connect remote 4G and 5G mobile masts across Europe and Africa
    Harry
    Harry Njuguna
    a month ago
    Kenya Pipeline IPO Clears as Retail, Oil Marketers, and Foreign Demand Falls Short

    Kenya Pipeline IPO Clears as Retail, Oil Marketers, and Foreign Demand Falls Short

    Kenya Pipeline Company’s KSh106.3Bn IPO closed oversubscribed but the final allocation showed strong institutional dominance. Kenyan institutions and East African investors absorbed most of the shares, while retail investors, oil marketing companies and foreign investors missed their quotas. The offer attracted about 70,000 retail investors against a target of two million. Uganda, through the Uganda National Oil Company, and Kenya’s NSSF emerged as key anchor investors in the transaction.
    Harry
    Harry Njuguna
    a month ago
    Indonesian Investor Pulls Out of Suswa Geothermal Project

    Indonesian Investor Pulls Out of Suswa Geothermal Project

    Indonesia’s state-linked energy company, Pertamina, through its geothermal subsidiary PGEO, has withdrawn from the planned development of the Suswa geothermal field,
    Brian
    Brian Nzomo
    a month ago
    Kenya's Meat Exporters Estimate KSh 1bn in Losses in First Days of Middle East Conflict

    Kenya's Meat Exporters Estimate KSh 1bn in Losses in First Days of Middle East Conflict

    Fred
    Fred Obura
    a month ago
    Counties Push for 42% Share Of Road Maintenance Levy

    Counties Push for 42% Share Of Road Maintenance Levy

    County governors are pressing the Senate to sharply increase their share of the fuel levy, seeking 42% of the Roads Maintenance Levy Fund (RMLF) compared with the 5% currently proposed. 
    Brian
    Brian Nzomo
    a month ago
    I&M Bank, B Lab Africa Partner to Support Small Businesses

    I&M Bank, B Lab Africa Partner to Support Small Businesses

    I&M Bank has partnered with B Lab Africa to strengthen the capacity of small to medium sized businesses within the listed lender's ecosystem. 
    Business
    Business Reporter
    a month ago
    Kenya Airways Launches Repatriation Effort as Gulf Conflict Escalates

    Kenya Airways Launches Repatriation Effort as Gulf Conflict Escalates

    Kenya’s limited airlift places it among a broader cohort of governments moving to extract nationals while commercial systems remain strained but functional.
    Brian
    Brian Nzomo
    a month ago
    Roam Unveils Digital Platform for Connecting, Tracking EVs

    Roam Unveils Digital Platform for Connecting, Tracking EVs

    Roam, an electric mobility manufacturer, has launched ‘Roam Explorer’, a digital platform designed to connect and manage electric motorcycles, tuk-tuks, buses, and cars across Africa.
    Brian
    Brian Nzomo
    a month ago

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