Kenya to Introduce Direct Flights to Japan
Directs flights from Tokyo to Nairobi could begin soon. This is after Japan's Ambassador to Kenya Okaniwa Ken, held talks with Speaker of the National Assembly Moses Wetang’ula on areas [...]
KEBS Issues New Directives for Vehicle Imports from 6 Countries
The Kenya Bureau of Standards (KEBS) has directed that all second-hand vehicles imported from Japan, the United Kingdom, Thailand, Singapore, United Arab Emirates (UAE) and South Africa must be accompanied [...]
Kenya Suspends Bulk Avocado Exports for 3 Months
Kenya has suspended bulk avocado exports pending a review in January next year in efforts to protect the market for local produce. Horticultural Crop Directorate Director Benjamin Tito says a [...]CMA Approves TransCentury Plc Rights Issue
The Capital Markets Authority (CMA) has granted approval to TransCentury Plc to undertake s rights issue to raise KES 2.063 billion by issuing and listing 1,876,013,830 new ordinary shares ate [...]BasiGo Receives $1 Million Investment from Mobility 54 Investment SAS
Mobility 54 Investment SAS (Mobility 54) the corporate venture capital subsidiary of Toyota Tsusho Corporation and CFAO SAS has invested $1 million in BasiGo, a startup in the electric bus business [...]National Treasury Seeks Foreign Strategic Investor to Buy Controlling Stake in KQ
The National Treasury will seek a foreign strategic investor to buy a controlling stake in Kenya Airways (KQ) as a path of returning the national carrier to profitability. Treasury Principal Secretary [...]Bill Gates Arrives in Kenya
Microsoft Co-Founder Bill Gates will be in Nairobi, Kenya, from today to meet key government officials, private sector players, regional scientists and innovators. The co-chair of the Bill Melinda [...]
EPRA Reduces Fuel Prices by KES 1 in Latest Review
The Energy Petroleum Regulatory Authority (EPRA) has reduced the prices of fuel by KES 1 in its latest price review, with a subsidy being retained on kerosene. In the [...]IFC Set to Invest KES 12 Billion in DTB to Fund SMEs
The International Finance Corporation(IFC) is set to invest Sh12.18billion($100million) in Diamond Trust Bank(DTB) to support businesses impacted by the Covid-19 pandemic. The IFC disclosed that the investment will be in [...]Centum Reports a 38% Decline in the Half-Year Loss on Sale of Land and Residential Units
Centum Real Estate has reduced its half-year losses by 38 per cent to KES 187.4 million, up from the KES 302.7 million loss reported in the half-year that ended September [...]4.2 Million Kenyans Blacklisted on CRB to Receive a 50% Repayment Discount -CBK
The Central Bank of Kenya (CBK) has rolled out a credit repair plan that will see close to 4.2 million mobile money borrowers delisted by credit reference agencies. The programme [...]Hisa Among 9 African Startups Selected to Join Startup Wise Guys B2B Accelerator
Fintechstartup Hisa Inc has beenselected to join Startup Wise Guys'S (SWG) second batch of participants for its €7.5 million fund for African startup investment. The program, the first ever African, [...]
