Kenya Airways Announces Domestic Flights Schedule
Kenya Airways (KQ) has announced the schedule for its domestic flights set to resume on Wednesday, 15th July 2020, following President Kenyatta's lifting of the intercounty lockdown. According to a [...]
Court Bars KQ from Laying Off Staff
The High Court has brought temporary relief to the staff at Kenya Airways (KQ) after it suspended plans by the airline to lay off some of its staff and send [...]Kenya Shilling Weakens in the Week
The Kenya shilling recorded a marginal decline in the week against major international currencies. The Central Bank of Kenya (CBK) quoted the shilling at Ksh106.96 against the US dollar on [...]
Kenya Needs to Resume Fiscal Consolidation Efforts World Bank
World Bank says Kenya needs to resume fiscal consolidation efforts and seek to rebuild its fiscal buffers to withstand shocks in the medium term. The World Bank in Kenya Public [...]NSE Plc Pays KSh 0.08 Final Dividend to Shareholders
Shareholders of the Nairobi Securities Exchange (NSE) Plc have approved a first and final dividend of KSh 0.08 per ordinary share for the year ended December 2019. The dividend is [...]Kenya Power Loses KSh 5.6B Revenue as Electricity Demand Tumbles
Electricity distributor Kenya Power has lost approximately KSh 5.6 billion in revenues between March and June, citing low power consumption due to the pandemic. The news only comes a month [...]Exports for Q1 Rise by 5.3% Driven by Tea and Horticulture
The value of Kenya's domestic exports grew by 5.3 per cent to KSh 144.9 billion in 2020 Q1 from Ksh 137.6 billion in Q1 2019. The rise comes from growth [...]Treasury Starts FY2020/21 on High Domestic Borrowing
Treasury has started the fiscal year 2020/21 on high domestic borrowing. CBK has already floated securities worth KSh108 billion in the few days since the fiscal year started on July [...]Global Markets Review
US stocks on Thursday closed lower over renewed investor concerns on covid19 second wave impact on the economy. A number of US states have now reported a record rise in [...]Kenya-US Trade Agreement Negotiations Take Shape
There is growing optimism that a new Free Trade Agreement (FTA) between the US and Kenya will not only benefit local firms but also spill over to the African continent. [...]
Kenya Nominates Cabinet Minister Amina Mohamed for Top WTO Job
Kenya has nominated Ms. Amina C. Mohamed, the Cabinet Secretary for Sports for the post of World Trade Organization(WTO) Director-General. She hopes to succeed the current Director-General, Mr. Roberto Azevêdo, [...]Transcentury Intends to Delist from NSE
Transcentury PLC announces that it has commenced delisting from the Nairobi Securities Exchange subject to regulatory and shareholder approval. The move will see all issued shares of the company comprising [...]
