Kenya to begin work on Transnational Road link with Tanzania
Kenya has started the documentation processes for the dualling of the 40 Kilometre Mtwapa-Kilifi Road. The project is part of the 460 Km Malindi-Tanga-Bagamoyo East African corridor which is a [...]
Kenya Airways Bailout and Fuel Subsidy Top Ksh 126 Billion Extra Budget
The National Treasury has revised the National budget upwards by Sh126.3 billion (3.3 percent) with Kenya Airways the petrol subsidy and payments for Covid-19 vaccines being the key drivers of [...]
IFC Talks up Housing and Healthcare Partnerships with Kenya
President Uhuru Kenyatta met a delegation from International Finance Corporation at State House. The President urged the corporation and other World Bank financial institutions to offer more support to Kenya’s [...]
Kenya to spend KSh 4.5 Billion on repair of metre gauge rails
Kenya Government will spend KSh4.5 billion to repair old metre gauge rails including the 217km Nakuru-Kisumu metre gauge railway (MGR), 77.8km Gilgil-Nyahururu MGR branch line and the 69.05 Kisumu-Butere section [...]Eveready E.A Plc to Delay release of its end-year financials
Eveready E.A Plc has notified its shareholders that it will delay publication of its audited financial statements for the period ended 30th September 2021. Due to unavoidable circumstances, we were [...]Unga Group Inks Deal With Nutreko as it Seeks Larger Footprint in East Africa
Unga Group has closed a deal with Nutreko, an animal nutrition company, to form a joint venture which will help meet the demand for animal nutrition products in the East [...]Ethiopian Airlines Resume Flights with Boeing 737 MAX after 2019 Crash
Ethiopian Airlines flew passengers on a Boeing737 MAX plane on Tuesday for the first time since the crash nearly three years ago killed all 157 people on board and triggered [...]Kenya's Amitruck Raises $4 Million in Seed Funding
Kenyan tech-enabled logistics platform, Amitruck, has raised $4 million in seed funding, bringing the total funds raised to date to $5 million. Investors who took part in the funding round [...]NSE Daily Equity Turnover Rises to Ksh 750 Million
Market turnover rose to Kes. 750M during Today’s trading session at the NSE from the previous sessions Kes.582M, while the number of shares traded declined 18.6M against 582M posted yesterday. [...]Kenya Drops Seven Positions in Global Technology Uptake Ranking
Kenya has dropped seven places in a global ranking of governments in readiness to adopt artificial intelligence (AI) in public services, a newly released annual index report shows. According to [...]Foreign Investors Outflows Increase at the Nairobi Bourse in Q4 2021 -CMA
Foreign investor at the Nairobi Securities Exchange (NSE) have continued to decrease as the onset of the Omicron variants saw them exit the Kenyan market in 2021 due to uncertainties. [...]Qatar Airways Increases Frequency of Doha Nairobi Flights
Qatar Airways has increased frequencies of the Doha Nairobi flights to two daily on the backdrop of increased demand. Consequently, the airline will deploy Airbus A320 on the Nairobi [...]
