Kenya Airways to sell planes to deal with increasing losses
The airline will sell seven flights and a GE engine...
Tag : Kenya
Kenya has around 356 billionaires, 4th highest in Africa
73% of Kenya’s billionaires are from Nairobi...
Kenya second most preferred business destination for African CEOs
In a survey of 171 African CEOs, 22 prefer Kenya while 24 of them prefer the US as their top business destination...
Kenya Airways to revamp JV agreement with Air France-KLM
The Kenyan airlines is seeking renegotiations over cost and revenue sharing deal and the ability to enter into agreements with other airlines...
Kenyan fintech 4G Capital to increase lending to SME’s
The number of loans to be lent by the fintech in 2019 will be 420,000 which is worth $46 million...
Kenya’s Equity Bank appoints ex-World Banker as new COO
As the new COO, John Wilson will oversee Equity Bank Kenya’s operations at the group level...
Standard Bank targets micro-merchants, invests in fintech
Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet...
Kenya to export first ever oil consignment worth $12 mn
ChemChina buys 200,000 barrels of crude oil from Kenya, to be shipped from the Mombasa port...
Kenyan banks seek amendment of interest rate capping law
Kenya Bankers Association asks parliament to increase the interest rate capping limit for industries to flourish...
Kenya in favour of Qatar Petroleum’s deal on oil blocks
Petroleum Principal Secretary Andrew Kamau said the approvals will be given for the oil blocks’ acquisition...