28 Feb 2020 - NAIROBI, Kenya, Feb 28-Kenya Airways has confirmed Allan Kilavuka, as the new Chief Executive officer effective April 1st. Kilavuka has been heading the national airline in an acting capacity since December 16 following the resignation of the ex-chief Sebastian Mickosz. The incoming CEO will be…

28 Feb 2020 - Sauti Sol will take the highest amount of royalties, 400,000 shillings in specific after the Music Copyright Society of Kenya (MCSK) announced on Thursday, 27th February 2020, that it will distribute royalties. According to MCSK, a total of 37,500,000 shillings in royalties were collected during…

28 Feb 2020 - Shoprite Holdings Limited has announced that will sell some of its property in order to invest more in technology and upgrade most of its stores. The largest grocery store in Africa, Shoprite says its decision to free up cash is critical as it is eyeing to grow its online markets as well as…

28 Feb 2020 - Family Bank customers will now be able to access 100 per cent financing to purchase vehicles from Simba Corporation after the two firms announced the partnership yesterday.Small and Medium-Sized customers in the agribusiness, trade and logistics businesses will be able to acquire Fuso trucks,…

28 Feb 2020 - Fraud and illegal connections contributed to the decline in financial performance.

28 Feb 2020 - Safaricom has announced a strategic agreement with Amazon Web Services (AWS), which will see the Telco become a reseller of the latter’s services. The agreement is designed to accelerate Safaricom’s internal IT transformation, lower costs and provide it with a blueprint and skilled resources to…

28 Feb 2020 - Leading retailer Naivas Supermarkets has rolled out a credit purchasing program for its customers. This credit system will enable Naivas customers to acquire household goods and pay for them in instalments over a period of one year in either daily or monthly instalments. Speaking during the formal…

28 Feb 2020 - The High Court in Kenya has allowed the Kenya Revenue Authority (KRA) to compel every taxpayer to provide details of their phone data, including M-Pesa statements for wealth that has not been disclosed during the annual tax returns. Activists Okiya Omtatah had moved to court to challenge Sections…

28 Feb 2020 - Members of the Malawi National Assembly have passed the Cannabis Regulation Bill that now allows for the cultivation, processing and export of marijuana for medical and industrial use. Therefore, the bill allows for a Cannabis Regulation Authority (CRA) that is tasked with the licensing of farmers…

28 Feb 2020 - The whole point of placing your money in any investment is to earn interest and get good returns at the end of a certain period; be it daily, weekly, monthly or yearly. In Kenya, currently and all over the world, when investment managers sell their investment products, they “entice” you with a…

28 Feb 2020 - Symptoms can include fever, cough and shortness of breath. The post Coronavirus Disease: What You Should Do to Reduce Infection Chances appeared first on Business Today Kenya.

28 Feb 2020 - I stumbled upon an article on Daily Nation that explained to Kenyans how poisonous the fishes ferried from China are yet the Government has allowed them into the country. The fish quantities from Lake Victoria had declined by about 23 percent and the demand for fish prompted the Government to seek…

28 Feb 2020 - At the end of every regulatory process comes the regulator, the implementation and the enforcement. For without them, as we know only too well in Kenya, every law is no law at all, with the beginning, middle, and end of legislation coming only on its application. A case in point is Legal Notice, LN…

28 Feb 2020 - Mr Allan Kilavuka faces the unenviable task of lifting the airline from the turbulence of losses and steering the nationalization plan approved by cabinet last year. The post Corporate Honcho With 2 CEO Jobs Picked to Head KQ appeared first on Business Today Kenya.

28 Feb 2020 - The IMF will release an updated read on its global growth forecast in April, factoring in the impact of coronavirus which has established footprints in almost every continent.

28 Feb 2020 - Kenya Power and Lighting Company (KPLC) has fired a total of 110 employees who were found guilty of fraud, illegal connections and other crimes within the company. According to Kenya Power, in a statement released on Thursday, the 110 employees have been fired within the past one year and that the…

28 Feb 2020 - Kenya has a population of 47.6 million people according to the recent census report by Kenya National Bureau of Statistics (KNBS) although many people expected the number to be higher, probably more than 52 million. But, would you believe is someone told you that out of the 47.6 million Kenyans, 45…

28 Feb 2020 - The Capital Markets Authority, in collaboration with the Kenya National Bureau of Statistics, recently released a report on Islamic/Participatory Finance. The report, which establishes findings from a survey targeting respondents from sectors including banking, Insurance, Cooperatives, pension…

28 Feb 2020 - The bank is involved in a legal tussle with A.O Bayusuf and Sons over Sh25 million interest charged on a Sh300 million loan

28 Feb 2020 - The event is a part of the Cultural Heritage for Inclusive Growth programme The post Kenya’s First International Cultural Symposium Launched in Nairobi appeared first on Business Today Kenya.

28 Feb 2020 - Company is exploring different ways to expand The post Glovo Targets Moderate Income Earners With Kibanda Food appeared first on Business Today Kenya.

28 Feb 2020 - Egypt's second largest state-owned bank’s plans to open an office in Kenya are still on course The post Egypt’s Second Largest State-owned Bank to Open Kenyan Office appeared first on Business Today Kenya.

28 Feb 2020 - The virus is causing mayhem in China, France and Italy among top ten key markets for tourists to Kenya.   Number of confirmed cases in Northern Italy rose sharply on Tuesday to hit 229 from just three last Friday, with seven deaths reported.

28 Feb 2020 - You are priceless and it’s scientifically proven that of the over seven billion people on earth, there is no one like you

28 Feb 2020 - Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) on Tuesday nominated Antoinette Sayeh to become the Deputy Managing Director at the Fund.Sayeh served as the Director of the African Department between 2008 and 2016 where she led a major transformation of the Fund’s…

28 Feb 2020 - Kenya has 58.4 million mobile money subscribers, this is more than the total population of Kenya.According to the 2019 census data, the country has 47,564,296 citizens.The number grew by 49.5 billion over the past decade from 1.3 million in December 2007.

28 Feb 2020 - •Muriithi, much like most university students, found himself struggling to live by while pursuing his engineering degree at Kenyatta University •Although the financing sufficed for a while Muriithi found himself back at square one, given the escalating standards of living. He had to find a way to…

28 Feb 2020 - The share prices of companies linked to construction and real estate have been in the red over the past year.

28 Feb 2020 - Absa Bank Kenya has launched a new credit line to boost Small Scale Enterprises.

28 Feb 2020 - The latest census data shows that the devolved system of governance needs to do a lot to ease unemployment in the country.