Citizen Business

5 Nov 2022 - The Kenya Airways (KQ) management has now issued a call to all pilots, amid their ongoing strike, to report for duty with immediate effect.

4 Nov 2022 - Kenya Airways CEO Alan Kilavuka now says that the airline is ready to hold talks with a number of its pilots who have vowed to go on strike on Saturday, November 5, 2022.

4 Nov 2022 - Kenya and Ghana have linked their respective stock/securities exchange allowing the cross-trading of equities and bonds from the pair of jurisdictions.

4 Nov 2022 - Kenya and the United States have renewed trade talks holding the first discussions since the installation of the new administration.

4 Nov 2022 - Kenya Power took a Ksh.13 billion revenue hit between January and June this year following a government initiated cut to electricity tariffs.

3 Nov 2022 - Nearly 19,000 local individual investors opened trading accounts in nine months to the end of September with the number of registered local individual investors standing at 18,963.

3 Nov 2022 - The 5th Kenya International Industrial Expo (KIIE) which is expected to promote trade and technological exchange opportunities between Kenya and the world kicked off on Thursday at Sarit Expo Centre, Nairobi.

3 Nov 2022 - Kenya’s bilateral debt service cost shot up by 82 per cent to Ksh.101.9 billion in 12 months to June 2022 from Ksh.56 billion previously.

3 Nov 2022 - The Insurance Regulatory Authority (IRA) has warned Kenyans of dealing with Atlas Life Insurance Company Limited.

3 Nov 2022 - High inflation in October served to flip the rebound of output by Kenyan private firms which followed the end of the August 9 General Elections.

3 Nov 2022 - Social media platform Twitter could become much more entwined with cryptocurrencies and blockchain in the future, one of the backers of Elon Musk's $44 billion (Ksh. 5.3 trillion) takeover hinted on Wednesday.

2 Nov 2022 - The participation of foreign investors at the Nairobi Securities Exchange (NSE) slumped to an eight year low of 35.92 per cent in September.

2 Nov 2022 - Kenya has abandoned plans to re-profile repayments of its first Ksh.243 billion ($2 billion) Eurobond which matures in 2024 after running into difficulties occasioned by higher interest rates.

2 Nov 2022 - The Local Authorities Pension Trust (Laptrust) has locked out retail investors from its soon to be listed income real estate investment trust (I-REIT).

2 Nov 2022 - Top Kenyan finance industry leaders are expected to attend the Africa Financial Industry Summit (AFIS) scheduled for later this month in Lomé, Togo.

2 Nov 2022 - Business operators will next year require just a single license to run their operations, Trade, Industry and Investments Cabinet Secretary (CS) Moses Kuria has said.

2 Nov 2022 - The stalemate between Kenya Airways and the Kenya Airlines Pilots Association (KALPA) persists after the two parties failed to reach an agreement with hours left to the commencement of the strike notice issued by KALPA.

1 Nov 2022 - Electricity generating company KenGen has set out plans to expand its geothermal capacity with the goal of meeting the need for additional electricity and reaching sustainable power generation.

1 Nov 2022 - Foreign investors have shed a further Ksh.2.3 billion worth of NSE listed stocks in the month of October.

1 Nov 2022 - Equity bank is hosting a delegation from the United States in a bid to explore trade-related collaboration opportunities between Nairobi and the Joe Biden-led nation.

1 Nov 2022 - The Central Bank of Kenya (CBK) is set to get a second deputy governor as the Public Service Commission embarks on a recruitment process to fill the vacant post.

1 Nov 2022 - Food prices rose at the highest rate on record in October as inflation set a new five-year high of 9.6 per cent last month.

1 Nov 2022 - Kenya’s e-commerce market is poised for more growth as Kenyans continue to adopt online solutions in their day to day transactions.

31 Oct 2022 - The National Transport and Safety Authority (NTSA) has licensed four digital taxi firms to operate as transport network companies.

31 Oct 2022 - The cost of living has set a new five year high in October with the rate of inflation coming in at 9.6 per cent in contrast with 9.2 per cent in September.

31 Oct 2022 - National carrier Kenya Airways has signed a new codeshare agreement with Reunion Island based Air Austral.

31 Oct 2022 - Local banks stored a record Ksh307 billion as reserves in August, the highest cushion ever by the industry according to publicly available data from the Central Bank of Kenya (CBK).

29 Oct 2022 - Elon Musk has now owned Twitter for an entire business day — and while he has certainly entered the company in erratic fashion, both employees and the public are still very much in the dark as to what he plans to do with it.

29 Oct 2022 - The relationship between the United States and Saudi Arabia is one of the most important on the planet and lately it’s also been one of the most awkward.

29 Oct 2022 - Kenya has access to an additional Ksh.26 billion in loans from the International Monetary Fund (IMF) based on its standard access limit on drawing rights.

28 Oct 2022 - Kenyans in pension contribution schemes will be required to list their sources of income including the origin of funds while making investments.

28 Oct 2022 - The National Treasury is pushing to have the proposed Hustler Fund to be administered under the Biashara Fund framework.

28 Oct 2022 - Electricity generating company KenGen has delayed the disclosure of its full-year results to June 2022 as it cites hitches in finalizing its financial statements for the period.

28 Oct 2022 - Local airline Fly 748 is eyeing a significant increase in domestic flight bookings in the last quarter of the 2022 as hard-pressed tourism sector return to pre-COVID level activities.

27 Oct 2022 - Utility company Kenya Power has grown its full year profit to June 2022 by 133 per cent to Ksh.3.5 billion from Ksh.1.5 billion previously.

27 Oct 2022 - Kenya Breweries Limited (KBL) is set to contract an additional 5,000 sorghum farmers to its contract farming program.

27 Oct 2022 - Leading telecoms operator Safaricom is expected to face costs constraints as it commences the commercial rollout of the advanced 5G network in the country.

27 Oct 2022 - Europe has more natural gas than it knows what to do with. So much, in fact, that spot prices briefly went negative earlier this week.

27 Oct 2022 - The Kenya Airways management and KALPA have failed to reach an agreement regarding the strike notice issued by pilots.

26 Oct 2022 - The National Treasury is seeking to raise Ksh.60 billion from the sale of an infrastructure bond in November.

26 Oct 2022 - The Kenya Revenue Authority (KRA) has issued a schedule for its ongoing data collection exercise on rental properties within Nairobi County.

26 Oct 2022 - Kenya has begun pushing for additional resources from the International Monetary Fund (IMF) as a delegation from the Washington DC base multilateral lender lands in Nairobi.

26 Oct 2022 - Leading telecommunications provider Safaricom has offered a key lifeline to subscribers holding inactive lines by allowing the customers to keep such subscriptions active for up to two years on a single airtime top up.

26 Oct 2022 - East African Portland Cement Company (EAPCC) has posted a 69 percent dip in earnings through 12 months to June 2022 with profits sliding to Ksh.529.2 million from Ksh.1.7 billion.

25 Oct 2022 - The National Treasury has unlocked PPP for county governments by setting down the procedure for the devolved units to apply for the projects.

25 Oct 2022 - The board of Kenya Power has been fingered for the delayed appointment of a substantive Managing Director for the utility company.

25 Oct 2022 - Local firms are expected to pay higher taxes on loans to employees as domestic interest rates increase.

24 Oct 2022 - The Central Bank of Kenya (CBK) official foreign exchange reserves gained Ksh.2.4 billion ($22 million) last week to pause a month long decline.

24 Oct 2022 - Kenya is set to hold its 5th International Industrial Expo is on 3rd – 5th, November, 2022 at Sarit Expo Centre, Nairobi.

24 Oct 2022 - Kenya is pushing to access additional resources in the form of loans from the International Monetary Fund (IMF) as external commercial financing remains out of reach.