AviationMagazineHow did Ethiopian Airlines make it happen?Pritam BordoloiSeptember 21, 2020September 21, 2020 by Pritam BordoloiSeptember 21, 2020September 21, 2020 The world can plainly see how the carrier has managed the crisis without external financial aid or striking jobs out... Read more
FeaturedOil & GasTullow Oil Kenya seeks to reduce workforce; enjoys tax reliefInternational Finance Business DeskSeptember 18, 2020 by International Finance Business DeskSeptember 18, 2020 The company seeks to bring down the wage bill to a sustainable level... Read more
FeaturedPorts and ShippingPort of Kisumu refurbished to boost Kenya’s tradeInternational Finance Business DeskAugust 31, 2020 by International Finance Business DeskAugust 31, 2020 It is reported that the Sh3 billion port has handled more than 62 percent cargo last year... Read more
EnergyFeaturedKenya Power introduces new platform for bills managementInternational Finance Business DeskAugust 27, 2020 by International Finance Business DeskAugust 27, 2020 The company’s new service under *977# USSD code will help its prepaid and postpaid customers... Read more
FeaturedReal EstateMizizi Africa Homes optimistic about Kenya’s real estateInternational Finance Business DeskAugust 17, 2020 by International Finance Business DeskAugust 17, 2020 The phased re-opening of the economy has allowed the developer to increase activities over the next quarter... Read more
Banking and FinanceFeaturedCo-op Bank restructures loans worth Sh39.2 bn to support distressed clientsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 The revenue streams of several businesses have been severely impacted by the protracted pandemic... Read more
Banking and FinanceFeaturedKepsa, Mastercard Foundation to loan to 400 MSMEsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic... Read more
BankingFeaturedDTB Kenya to receive Sh5.4 bn loan from IFCInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The loan will help the bank to finance SMEs that are largely affected by the protracted pandemic... Read more
AviationFeaturedKenya Airways plans to layoff 590 jobs in second phaseInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 Last month, it eliminated 700 staff members as part of the first phase of the exercise... Read more
BankingFeaturedIFC to provide $50 mn loan to Equity Bank KenyaInternational Finance Business DeskJuly 23, 2020 by International Finance Business DeskJuly 23, 2020 International Finance Corporation's portfolio in Kenya recorded $884 million as of June 30, 2020... Read more