business
Air France-KLM sees 19pc more bookings in Kenya this year
The airline anticipates pent-up demand post-August election and renewed interest in Kenya as a...
US First Lady Jill Biden arrives in Kenya for two-day visit
Dr Biden's plane touched down at 4:28 pm at JKIA to an expectedly tight security and rousing...
Funding contest opens for young agritech innovators
The AYuTe Africa Challenge (AYuTe stands for Agriculture, Youth and Technology) seeks to boost...
Tanzanian tycoon Rostam Aziz pledges cheaper cooking gas
The entry of Taifa Gas, a liquefied petroleum gas firm, into the local market is expected to...
Matatu insurer Invesco falls into liquidation
Insurance Regulatory Authority has directed the insurer to immediately stop entering into new...
Airtel opens talks for sale of 30pc stake to Kenyans
Airtel Kenya is seeking Kenyan investors to buy a 30 percent stake in the telecoms operator.
President Ruto to commission Rostam Aziz’s cooking gas plant
Taifa Gas is set to build a 30,000-tonne facility at the Special Economic Zone in Dongo Kundu...
Netflix Cuts Subscription Prices in Over 30 Countries
Due to the recent underperformance that saw Netflix's stock decline nearly 5% in broader markets and on track to hitting its worst day in two months, the streaming giant is cutting subscription prices in over 30 countries. The moves come as a desperate attempt to increase subscribers in many parts of the world. With intense competition in the streaming industry over the past year, Netflix has fallen behind, causing the early adopter to focus on their strategy. The Wall Street Journal indicated that in some cases, the cost of subscription has been halved. While the streamer did add 7.6 million subscribers in Q4 of 2022, after losing many to rivals like Disney+ and Paramount+ in the first half of the year, Netflix is still looking for areas to improve. Netflix's spokesperson said, "We're alw...
Norfund to pump Sh3bn in textile firm Balaji
Norwegian State-owned investment company Norfund will participate in the debt financing of...
Airline halts flights to Kisumu on low numbers
Aviation firm 748 Air Services has stopped operations on the Nairobi-Kisumu route barely two...
Trader sues courier, Gulf Bank for lost title deeds
A businessman has sued Gulf African Bank and a courier service demanding more than Sh50 million.
UK StanChart invests Sh413m in Kenyan e-commerce units
British lender Standard Chartered Plc has pumped in capital worth Sh413 million in two Kenyan...
