Britam holdings to layoff 138 members of staff
Britam Holdings is beginning to vet individuals for redeployment to other roles or exit under a voluntary early retirement plan…
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Kenya Railways begins SGR takeover from Chinese company
“KRC has not terminated its contract with Africa Star Railway Operation Company (AfriStar). We have negotiated so that we take over the running of the standard gauge railway (SGR),”…
KQ to resume direct flights to France
National carrier Kenya Airways will resume direct flights from Nairobi to France on 17th March after a one month hiatus following relaxation of covid-19 travel restrictions by the European nation.
High court to determine Nakumatt Supermarket’s fate
Peter Kahi of PKF who is a court-appointed administrator argued that an extension could help in recovery of more funds and pursue pending court cases…L
Kenya recognized internationally for promotion of clean cooking
“The Kenyan government has been deliberate in making steady advancement in transforming the clean cooking sector and our brimming optimism towards these transformations…”
BOC Kenya risks Sh1.2 billion buyout
“As the fair value is below the offer price, the offer price is not considered to be fair and reasonable,”…
Kenya to experience increased interest rates on government debt
The upward pressure on interest rates is likely to be sustained by Increased debt service burden, coupled with the underperformance in revenue…
Dr. Peter Mathuki appointed EAC secretary-General
The East African Community has approved the appointment of the East African Business Council Executive Director, Dr. Peter Mathuki, as the next EAC Secretary-General…
An extra seat for safety as KQ observes social distancing
Passengers are now allowed to book an extra seat amidst safety concerns 48 hours and three hours of travelling.
KEBS licenses use of LPG in cars in aims to flatten high motorist expenditures
Coming at a time prices of petrol have soared to new heights, the move is seen as a much needed signal towards LPG run vehicles, from the traditional petrol and diesel