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Business news highlights

Longhorn bounces back to profit after schools reopen

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Business Daily | by Hellen Githaiga Longhorn Publishers has swung back to profit riding on increased sales following the reopening of schools after easing of...

Brewing war could burn Sh7bn Malindi solar plan

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Nation | by Ibrahim Oruko A silent war pitting an Indian company and sub-contractors is threatening implementation of the Sh6.7 billion Malindi solar plant, a...
jomo kenyatta international airport, foreign travel, domestic travel

Planes bound for JKIA diverted to Mombasa due to bad weather

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Business Daily | by Wachira Mwangi Some flights were on Friday morning diverted from the Jomo Kenyatta International Airport to Mombasa due to bad weather...
tullow oil exploration turkana county lokichar basin

80pc of Kenya’s crude oil cannot be tapped

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Business Daily | by Brian Ngugi More than 80 percent of Kenya’s estimated 2.85 billion barrels oil reservoir remains inaccessible for commercial exploitation due to...

China claims 70 per cent of Kenya’s debt, says CBK

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Nation | by Paul Wafula After toppling Japan and Germany from the list of top bilateral lenders to Kenya, China has more than tripled its...

KLM to launch Amsterdam-Mombasa flights Nov

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Business Daily | by Bonface Otieno Dutch national carrier KLM will launch direct flights from the Amsterdam to the Kenyan coast in November, offering a...
kenya parliament, national assembly

5 Kenya Power directors skip MPs’ grilling

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Business Daily | by Edwin Mutai Five directors of the scandal-hit Kenya Power board have snubbed a parliamentary meeting called to address procurement and management...

NCBA maintains positive growth, hiring outlook

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Business Daily | by Elizabeth Kivuva NCBA Group reported a 76.9 percent jump in net profit in the six months to June to Sh4.6 billion,...