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Business news highlights

Safaricom stock banks on Ethiopia

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People Daily | by John Otini Analysts have put Safaricom stock on a neutral rating following headwinds that include regulatory risk and delayed Ethiopia licence...
safari tourism

US hotel chain Marriott to open luxury safari lodge in Masai Mara

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Business Daily | by Adonijah Ndege Global hotel chain Marriott International has signed an agreement with Baraka Lodges Limited to open its first luxury safari...
nairobi securities exchange bourse

Kenya ranked lowest in stock market returns

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Business Daily | by Charles Mwaniki Kenya’s stock market has the lowest returns above those available on risk-free government securities when compared to 15 other...
train cargo, standard gauge railway, sgr, mombasa terminus

SGR ticket sales double after eased Covid rules lift passenger numbers

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Business Daily | by Constant Munda Bookings on the standard gauge railway (SGR) more than doubled last year on increased movement between Nairobi and Mombasa...

Car sales defy Covid-fuelled price surge to grow by 14pc

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Business Daily | John Mutua Car sales grew 14 percent last year, defying a record increase in vehicle prices amid a recovery from Covid-19 economic...

Kakuzi eyes hotels in goat meat venture

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Business Daily | by Victor Juma Agricultural firm Kakuzi has started rearing goats, aiming to supply meat from the animals to hotels and restaurants by...

Competitive SMEs key to AfCTA trade

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Business Daily | by Albert Mwazighe Small and medium enterprises should be made more competitive for Kenya to start benefiting from the Sh250 trillion African...

KQ to start daily flights to India on easing of curbs

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Business Daily | by Gerald Andae Kenya Airways will now fly daily to India after the Asian country lifted the restrictions that had limited the...