Kenya Power is set to lay off nearly 2,000 employees in a phased voluntary employee separation…
Category: Business News in Kenya
Central Bank kicks off debate on issuing digital Kenya shilling
The Central Bank of Kenya (CBK) has invited the public for the first time to submit…
Societies shun Sh3 billion coffee cherry advance kitty
Coffee societies are reluctant to take money from a Sh3 billion cherry advance kitty, arguing it…
Kenya, Ethiopia reach new power purchase deal
Kenya has reached a new agreement with Ethiopia in a bid to further expedite purchase of…
Shilling faces further pressure on rising oil prices
The shilling is likely to depreciate further this year on local and global factors including rising…
How Imperial Bank fall smoked late tycoon’s family out of reclusive zone
For over 46 years, fish processor W.E. Tilley group thrived in anonymity despite making billions of…
Job cuts loom in KQ changes after Sh26bn Treasury bailout
Struggling national carrier Kenya Airways (KQ) is set for a fresh round of job cuts in…
KQ set to launch direct Milan-Nairobi flights
Kenya Airways will start direct flights from Milan to Nairobi on June 8 as demand for…
Blow to farmers as fertiliser subsidy missing in budget
Farmers will have to bear with the high cost of fertiliser this year after the government…
Billion-shilling battery plant to close shop following ban on scrap metal dealings
The effects of President Uhuru Kenyatta’s ban on scrap metal dealings have already started being felt…