Business News

February 21, 2017

Kenya tea earnings likely to decline in 2017

Kenya’s tea earnings for the 2016/2017 financial year are likely to drop following prolonged dry spells that led to depressed tea output. Kenya Tea Development Agency […]
February 21, 2017

KQ, Precision Air seek to review fares in joint deal

Kenya Airways and Tanzania’s Precision Air Services are seeking to be exempted from the competition rules through a review of terms for their joint venture. In […]
February 17, 2017

Somalia to suspend flights to Mogadishu Feb 22

The Somali government has announced the suspension of commercial flights to and from Mogadishu’s Aden Adde International Airport on February 22 when president-elect Mohamed Abdullahi Mohamed […]
February 17, 2017

Blackberry sues Nokia in patent clash

Blackberry is suing Nokia over claims that the Finnish company has made use of nearly a dozen of its inventions without permission. The patent infringement allegations […]
February 17, 2017

CBK’s website best among regulators

The Central Bank of Kenya’s website has been feted as the best among regulators during the fourth annual Central Banking Awards. “The Central Bank of Kenya’s […]
February 17, 2017

Banks to rival M-Pesa, lower transaction fees

Commercial banks hope to ride on below-market rates to drive subscriptions on their mobile money transfer system which goes live next month. The lenders are seeking […]
February 15, 2017

Madison unveils savings plan for higher education

Madison Group yesterday launched Madison UniPlan, a savings scheme for financing university and college education. “We are proud to be pacesetters in critical development sectors such […]