Co-op gets Sh6.3 billion EU bank loan for SMEs lending
Business Daily | by Otiato Guguyu
Co-operative Bank has received Sh6.3 billion (50 million euros) from the European Investment Bank for onward lending to small...
Sh2.8bn fuel stuck in old pipeline on water shortage
Business Daily | by Edwin Mutai
Fuel worth Sh2.8 billion has remained stuck in the old Mombasa-Nairobi oil pipeline for nearly a year due to...
WB raises concen over banks’ large NPL ratios
People Daily | by Noel Wandera
World Bank has raised concern that the high stock of non-performing loans (NPLs) held by bank’s risks slowing down...
Kenya Airways, SAA now plan to launch regional airline 2023
Business Daily | Bonface Otieno
Kenya Airways (KQ) and South African Airways (SAA) have moved closer to establishing an African airline in 2023.
This is after...
KLM defers its direct flights to Mombasa to December
Business Daily | by Winnie Atieno
Dutch national carrier KLM has deferred its direct flights to Moi International Airport in Mombasa, delaying its highly anticipated...
Shilling weakens further on rising dollar demand
Business Daily | by Charles Mwaniki
The shilling ceded further ground to the dollar Wednesday, trading at a new low of 112.38 units amid the...
US pizza chain Papa John’s to open 60 outlets in Kenya and Uganda
Business Daily | by Brian Ngugi
The third-largest pizza delivery restaurant in the world Papa John's International Inc's plans to open 60 fast food outlets...
Kenyans spending more on groceries, alcohol – Uber Eats report
Nation | by Peter Mburu
It has been a vegan but quite tipsy year for many Kenyans, who avoided meat consumption, expanded their vegetarianism but...
