Kenya Airways (KQ) has said that its’ aircraft leasing agreements have saved it billions of shillings in maintenance and operations costs. The national carrier said in a statement that leasing contracts …
kenya
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AviationBusinessEconomyKenya NewsTransportation & Logisitics
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Banking, Finance & InvestmentEconomyKenya NewsUncategorized
World Bank backs new push for debt restructuring amid Eurobond freeze
The World Bank has backed a push for countries like Kenya, which have been unable to borrow from international loan markets due to high-interest rates, to restructure their debts. The …
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BusinessEntrepreneurshipKenyan News
KRA increases taxes as exporters face a new pricing pain in their production
Kenyan firms in the export business are facing new pricing pressure as their products continued to lose a competitive edge over increasing costs of production. The latest pain point for …
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AgricultureBusinessEconomyKenya News
Climate change may drastically affect coffee production in Kenya this year
Extreme weather patterns as a result of global climate change may drastically affect coffee production in the country this year. According to experts, the patterns, ranging from Inadequate rainfall to …
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Banking, Finance & InvestmentBusinessFinance & ServicesKenya News
Customers panicking as First Community Bank limits heavy withdrawing Funds in Kenya
Shariah-compliant First Community Bank customers are unable to withdraw their monies as the bank limits heavy drawings occasioned by panicking customers. A spot-check by Capital Business in the Bank’s branches along Wabera …
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EconomyKenya NewsTransportation & LogisiticsUncategorized
Kenya’s Government Moves To License Digital Taxi Hailing Firms
The National Transport and Safety Authority (NTSA) has given all digital taxi hailing firms 14 days to apply for licenses as Transport Network Companies. This follows the gazettement of the …
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Nairobi Business Ventures (NBV) is set to become the first company at the Nairobi bourse to graduate from the Growth and Enterprise market Segment (GEMS) to the main investment segment …
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Banking, Finance & InvestmentBusinessEconomyKenya NewsUncategorized
Ecobank Kenya introduces Ellevate Program To Empower Women Entrepreneurs
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Dubbed ‘Ellevate’, the program is designed for businesses owned by women, businesses managed by women, …
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BusinessEconomyInsuranceKenya News
KenTrade Targets Insurance Companies’ Systems Integration to upgrade maritime Trade
Kenya Trade Network Agency(KenTrade) has embarked on a sensitization programme targeting insurance companies aiming at onboarding them in the Trade Facilitation Program(TFP) in a bid to enhance efficiency in maritime …
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BusinessEconomyFinance & ServicesKenya News
Ruto pledges to introduce a wealth tax on tycoons to raise cash for national budget
President William Ruto has revived a proposal to impose higher taxes on Kenya’s super-rich and high-income earners, endorsing the introduction of a wealth tax that failed to sail through Parliament …