Business

National carrier Kenya Airways PLC (KQ) has reaffirmed its recovery progress after recording a 120% improvement in operating profit from a loss of Kshs 5 billion reported in 2022 to Kshs 998 million in 2023.In the 2023 Half Year results…
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The Leila Janah Foundation (LJF), a non-profit organization supporting entrepreneurs in East Africa, has announced the winners of its sixth annual Give Work Challenge (GWC) for existing businesses: Mvuvi (Kenya), Kono Farm (Kenya), Mawejje…
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Konza Technopolis Development Authority (KoTDA), the agency mandated to implement the Konza Technopolis project, has launched its inaugural Annual Environmental, Social and Governance (ESG) Report.The report highlights the progress of key…
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FullCare (Kenya) Medical SEZ Limited, a leading manufacturer of medical care and protective equipment, has announced plans to establish a state-of-the-art production facility at Tatu City, Kenya’s first operational Special Economic Zone…
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By KJ OdongoSafaricom (NSE: SCOM) has partnered with Vesen and Anga to draw more movie goers through a dedicated M-PESA Mini App. Located in the M-PESA Super App, the Anga M-PESA Mini App will offer movie schedules alongside booking and…
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Mobile Money Service provider, Airtel Money, has signed a partnership with Kenya Power (KPLC) that will allow Kenyans to pay for their electricity bills at zero transaction fees via the Airtel Money platform.Airtel Money Managing…
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Safaricom has signed an MOU with the County Government of Elgeyo Marakwet to digitise the county’s operations through myCounty App.This is part of a Safaricom led technology initiative to enable all 47counties to digitise their services…
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Kenya and Italy have agreed to remove non-tariff barriers in their bid to stimulate trade and investment.The two countries said they will negotiate on the avoidance of a double-taxation agreement that will usher in higher levels of…
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By Shadrack NyakoeIn an effort to deepen coffee sub-sector reforms, the Capital Markets Authority (CMA) has licensed four more coffee brokers.Kinya Coffee Marketing Agency Limited has been granted a full license while Kiambu Coffee…
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Nairobi Securities Exchange has suspended trading in Kenya Airways Shares for a further 12 months citing uncertainties in the operational and corporate restructure process.The National Carrier shares had been suspended from trading on the…
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