How Middle East airspace closures hit Kenya’s hotel revenues
Speaking on Radio Generation on Tuesday, Karibe said the closure of the airspace as a result of the Middle East conflict has dealt a big blow to the hospitality industry.
Speaking on Radio Generation on Tuesday, Karibe said the closure of the airspace as a result of the Middle East conflict has dealt a big blow to the hospitality industry.
The firm also planned to expand its employee share ownership plan from 2% to 5%. Both moves are non-dilutive and subject to regulatory, court, and shareholder approvals.
The lender also recorded solid balance sheet expansion, with total assets growing 23.8% to Sh208.69 billion and customer deposits rising 19.9% to Sh151.88 billion.
The regulator also ordered exporters to submit a list of their duly registered Horticultural Produce Marketing Agents (HPMA) or suppliers by March 30, as part of efforts to streamline traceability and complianc...
The decline came even as digital channels continue to play a key role in marketing, with companies maintaining presence across online news platforms, video-sharing sites such as YouTube, and social media networ...
This clarification comes after public reaction to earlier communication that indicated all phones sold in Kenya would be required to adopt USB Type-C charging, raising concerns that older or lower-priced phones...
A new report shows Diamond Trust Bank investors gained 52.61% nominally over 2015–2025, but 73.77% inflation turned this into a -12.17% real loss, making dividends the main source of returns.
Skyward Airlines will introduce a fuel surcharge on all tickets from April 1, 2026, citing rising global fuel costs and import dependence, meaning passengers should expect modest fare increases.
, CS Oparanya revealed that a thorough review of the sector found that only Sh6.2 billion of the claimed debts is legitimate and qualifies for payment.
The tools can now generate designs, write code, build interfaces and create presentations from prompts, reducing the need for multiple teams and tools and allowing companies to move from idea to product much fa...
CEO, Kihara Maina said the bank is targeting higher loan growth, increased regional profit contribution and continued investment in wealth management and bancassurance businesses.
Policy analyst Leonard Khafafa warns Kenya Airways needs at least $2bn in fresh capital after posting a Sh17.2bn loss, citing thin aviation margins and rivals’ heavy state support.