Savannah Cement Group has secured a Sh65 billion financing through a privately placed debt deal to…
Category: Business News in Kenya
One runway returns to haunt JKIA again as Singapore Airlines stalls
KAA closes JKIA runway, suspends all flights after bird strike. The Kenya Airports Authority on Monday…
Kenya eyes $1.9b emergency funding to ease economic distress
Kenya’s National Treasury is seeking $1.9 billion in emergency funding from the Bretton Woods institutions and…
Making of economic meltdown: Kenyans brace for tough times
In about six months, the first round of payments for our monthly fuel imports will fall…
NTSA licenses 9 more online taxi companies
The number of licensed online taxi operators in Kenya has increased from five to 14 in…
KQ cancels Khartoum flights citing unrest in Sudan
Kenya Airways has cancelled flights into and out of Khartoum with effect from today citing the…
Kenya returns to China in Sh38bn Kiambu dual road loan
Kenya has secured a deal for a Sh38.3 billion loan from China to expand Kiambu Road…
Cautious insurers cut investments at the NSE
Insurers reduced their investments in companies listed on the Nairobi Securities Exchange (NSE) as the stocks…
Watchdog starts probe on banks for dollar price fixing
The Competition Authority of Kenya (CAK) is investigating several undisclosed banks for allegedly fixing foreign exchange…
Kensalt increases prices marginally over high costs of production
In a rare move, Mombasa-based salt producer KenSalt Limited has increased the price of salt by…