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    Serena Hotels Profit Falls 40% as Forex Gains Fades

    Serena Hotels Profit Falls 40% as Forex Gains Fades

    TPS Eastern Africa (NSE: TPSE) reported FY2025 PAT of KSh 787m, down 40% from KSh 1.32bn in 2024. The decline reflects a collapse in unrealised FX gains from KSh 655m to KSh 39m as the shilling stabilised. Revenue held at KSh 10.1bn; EBITDA fell 7% to KSh 2.27bn; dividend maintained at KSh 0.35.
    Harry
    Harry Njuguna
    2 days ago
    Kenya Launches Tourism Digital Payments App 'TouristTap'

    Kenya Launches Tourism Digital Payments App 'TouristTap'

    TouristTap, developed by Craft Silicon in partnership with KCB Bank and Visa, enables international and domestic visitors to make card-based payments directly from their mobile phones
    Brian
    Brian Nzomo
    16 days ago
    Radisson Group Plots Zanzibar Entry as it Surpasses 100 Hotels Across Africa

    Radisson Group Plots Zanzibar Entry as it Surpasses 100 Hotels Across Africa

    The Group has said it plans to enter Zanzibar and is considering lodge, safari, and affiliation opportunities across Namibia, Botswana, and Zambia.
    Staff
    Staff Reporter
    a month ago
    Kenya Tourism Board, Visa, KQ Bet On Discounts To Boost Travel

    Kenya Tourism Board, Visa, KQ Bet On Discounts To Boost Travel

    The Kenya Tourism Board and Visa have launched a joint travel campaign with Kenya Airways offering discounts on domestic and international flights to stimulate travel.
    Brian
    Brian Nzomo
    a month ago
    Marriott Debuts in Cape Verde with Four Points by Sheraton São Vicente Resort

    Marriott Debuts in Cape Verde with Four Points by Sheraton São Vicente Resort

    Marriott International has debuted in Cape Verde with Four Points by Sheraton São Vicente Resort, above Laginha Beach within the cultural hub of São Vicente.
    Staff
    Staff Reporter
    a month ago
    Toyota Land Cruiser LC300 Recall Hits COMESA Markets

    Toyota Land Cruiser LC300 Recall Hits COMESA Markets

    The COMESA Competition and Consumer Commission has issued an urgent regional alert following a significant safety recall of Toyota Land Cruiser LC300 models.
    Fred
    Fred Obura
    a month ago
    Ethiopian Airlines Partners with Marriott's Loyalty Program

    Ethiopian Airlines Partners with Marriott's Loyalty Program

    Staff
    Staff Reporter
    a month ago
    JetBlue Briefly Grounds Flights Days After Codeshare Deal With Kenya Airways

    JetBlue Briefly Grounds Flights Days After Codeshare Deal With Kenya Airways

    Flights operated by JetBlue were briefly grounded after a system outage prompted the airline to request a temporary halt from the FAA. The disruption comes days after the U.S. carrier announced a new codeshare partnership with Kenya Airways to expand connectivity between Nairobi and multiple U.S. cities.
    Chelsy
    Chelsy Maina
    2 months ago
    CFAO Mobility Kenya Commits KSh 48.5Mn to 2026 WRC Safari Rally

    CFAO Mobility Kenya Commits KSh 48.5Mn to 2026 WRC Safari Rally

    CFAO Mobility Kenya has committed KShs 48.5 million to support the organization of the 2026 Safari Rally Kenya, part of the World Rally Championship calendar. The funding will also support driver training initiatives and grassroots motorsport development aimed at nurturing future rally talent in Kenya.
    Chelsy
    Chelsy Maina
    2 months ago
    Kenya's New Tourism Positioning Has a Billion-Dollar Blind Spot

    Kenya's New Tourism Positioning Has a Billion-Dollar Blind Spot

    East Africa is selling the dream. But the infrastructure to deliver it — for every traveller — is only just beginning to be built.
    Muthuri
    Muthuri Kinyamu
    2 months ago
    Kenya Airways Signs Codeshare Deal with American Airline JetBlue

    Kenya Airways Signs Codeshare Deal with American Airline JetBlue

    Kenya Airways has entered a codeshare agreement with JetBlue that will allow it to sell seats on JetBlue-operated flights from New York’s JFK Airport to several U.S. cities.
    Chelsy
    Chelsy Maina
    2 months ago
    AfDB, AU Renew Calls for Visa-Free Travel Across Africa

    AfDB, AU Renew Calls for Visa-Free Travel Across Africa

    Staff
    Staff Reporter
    2 months ago

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