Kenya’s Health Cabinet Secretary Mutahi Kagwe. FILE PHOTO | NMG Kenya will not impose restrictions such as lockdowns following the detection of Omicron variant cases among two Kenyan travellers and a South African who entered the country last week. Health Cabinet Secretary Mutahi Kagwe said Kenya has instead rooted for vaccinating its citizens in a […]
Tag: XUGA_NMG
Kenya Airways launches Nairobi-Juba-Khartoum flights
Kenya Airways launches Nairobi-Juba-Khartoum flight. PHOTO | FILE | NMG Kenya Airways (KQ) will resume flying to Khartoum nearly two years after suspending flights to Sudan. Last Friday, KQ launched direct flights from South Sudan capital Juba to Khartoum in Sudan as it eyes Africa expansion. The national carrier said the new flight will originate […]
Stanbic enters car financing deal with Caetano Kenya
A Stanbic Bank branch in Mombasa. FILE PHOTO | NMG Stanbic Bank has signed a deal with Caetano Kenya to finance customers buying Hyundai and Renault brands from the motor dealer. Stanbic’s head of Consumer and High Networth Clients, Lilian Onyach, said the agreement would see customers access up to 100 percent financing for five […]
Kenya Airways launches Nairobi-Juba-Khartoum flights
Kenya Airways launches Nairobi-Juba-Khartoum flight. PHOTO | FILE | NMG Kenya Airways (KQ) will resume flying to Khartoum nearly two years after suspending flights to Sudan. Last Friday, KQ launched direct flights from South Sudan capital Juba to Khartoum in Sudan as it eyes Africa expansion. The national carrier said the new flight will originate […]
Regional lender Equity eyes more business after agreement
Equity Bank branch in Kibera, Nairobi, on May 24, 2020. Equity, which holds over $8.92 billion in assets, has mobilised close to $4.46 billion to fund businesses in countries where it has a presence such as DRC, Uganda, Tanzania, Rwanda, South Sudan and Kenya. FILE PHOTO | DENNIS ONSONGO | NMG The lender, which is […]
Switch TV Ceases On-Air Broadcast
A promotional poster of Switch TV’s new presenter lineup. Switch TV is making a radical change in its business model that will see it transition from on-air to digital broadcast. The media house stated that it will be ceasing on-air broadcast operations. In a statement dated Friday, December 10, the media group Chairman, Sahil Shah, […]
Safaricom seeks office in Ethiopia amid civil strife
Safaricom plans to lease and occupy an office building by the start of next year in Addis Ababa as a base for its Ethiopia operations. PHOTO | FILE | NMG Safaricom last month evacuated some of its employees from Ethiopia because of armed conflict and civil unrest. The war is threatening the stability of Ethiopia, […]
Mobile money transactions growth hits 10-year record
An attendant makes an M-Pesa transaction for a customer at Samrat supermarket in Nyeri on February 12, 2019. PHOTO | JOSEPH KANYI | NMG Mobile cash transactions are on course for the highest annual growth in a decade, highlighting the economic recovery and the increasing use of cashless payments platforms. Central Bank of Kenya (CBK) […]
What do ESG guidelines mean for corporates?
Stakeholders during the launch of the Nairobi Securities Exchange (NSE) Environmental, Social and Governance (ESG) Disclosures Guidance Manual at the Nairobi Serena Hotel on November 29, 2021. PHOTO | DIANA NGILA | NMG Kenya’s strive to be a sustainability thought-leader was yet again demonstrated by the recent issuance of the Nairobi Securities Exchange (NSE) Environmental, […]
Domestic airfares double as Xmas travel demand surges
Passengers alight from Jumbojet aircraft at Kisumu International airport on October 9, 2020. PHOTO | TONY OMONDI | NMG Domestic airfares have nearly doubled ahead of Christmas on increased demand with some routes recording full bookings in the days to December 25. Ticket prices from Nairobi to Kisumu have risen to a peak of Sh15, […]