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News

Business Daily
businessdailyafrica.com > bd > lifestyle > music > why-kenyan-firms-pour-millions-into-sponsorships-deals-5589460

Why Kenyan firms pour millions into sponsorships deals

3+ day, 21+ hour ago   (1217+ words) Jazz lovers enjoying performance at Kenny G’s “One Night Only” concert held at the Kenyatta International Convention Centre in Nairobi on September 27, 2025. What connects sponsorship deals in Kenya's live music scene right now is not the size of the cheque…...

Business Daily
businessdailyafrica.com > bd > corporate > companies > intrigues-in-kq-investor-hunt-as-kamal-departs-5581476

Intrigues in KQ investor hunt as Kamal departs

1+ week, 3+ day ago   (872+ words) Kenya Airways (KQ) plane on the taxi bay at Jomo Kenyatta International Airport on March 6, 2019. Business & Technology Reporter Conflicting interests have delayed Kenya Airways’ turnaround plans even as the national carrier’s acting CEO George Kamal exited abruptly after eight months…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > cbk-rejects-sh20bn-as-bidders-seek-higher-rates-5581454

CBK rejects Sh20bn as bidders seek higher rates

1+ week, 3+ day ago   (563+ words) The Central Bank Of Kenya. The Central Bank of Kenya (CBK) rejected Sh20.4 billion offered by investors in the two reopened September bonds as it sought to keep a lid on the government’s borrowing costs in a highly liquid market. The…...

Business Daily
businessdailyafrica.com > bd > corporate > companies > what-kuscco-liquidation-means-for-saccos-creditors-5580072

What Kuscco liquidation means for saccos, creditors

1+ week, 4+ day ago   (929+ words) Kenya Union of Savings and Credit Co-operatives (Kuscco) Centre in Upper Hill, Nairobi. The Kenya Union of Savings and Credit Co-operatives (Kuscco) was formed in 1973 as an umbrella body for saccos and expanded into a multi-billion shilling institution offering financial…...

Business Daily
businessdailyafrica.com > bd > corporate > enterprise > in-kenya-power-protects-banks-rarely-borrowers-5580116

In Kenya, power protects banks, rarely borrowers

1+ week, 4+ day ago   (878+ words) A concept of an approved loan application process. Last week in Business Talk, we commenced a multi-part series on financial services firms in Kenya with politically exposed people owning or controlling substantial shares in the company. More politically exposed banks…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > can-kenya-build-a-sovereign-wealth-architecture-5579900

Can Kenya build a sovereign wealth architecture?

1+ week, 4+ day ago   (541+ words) An aerial view of Nairobi skyline on January 25, 2024. Every budget season, Kenya returns to the same familiar debate: should government borrow more or tax more to finance development? Both are legitimate tools of public finance, but they overlook a more…...

Business Daily
businessdailyafrica.com > bd > corporate > industry > nock-revival-plan-fails-as-rubis-kenya-walks-away-5577404

Nock’s revival plan fails as Rubis Kenya walks away

1+ week, 6+ day ago   (691+ words) A signpost at a petrol station branded by the National Oil Corporation. National Oil Corporation of Kenya’s (Nock) proposed deal with French oil major Rubis fell through, dimming hopes of reviving the struggling State-owned oil company. Sources say the government…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > withholding-tax-hurts-kenya-s-creative-economy-5570484

Withholding tax hurts Kenya’s creative economy

2+ week, 5+ day ago   (580+ words) Dear Kenya Revenue Authority Commissioner General; You assume office at a critical moment for our country, when revenue mobilisation, economic growth, job creation and private-sector competitiveness must work together. I write on behalf of stakeholders across Kenya’s advertising, marketing and…...

Business Daily
businessdailyafrica.com > bd > lifestyle > weekend-with-the-ceo > a-ceo-s-lessons-on-taking-the-path-less-travelled-5566616

Inside the mind of Joseph Kamau: Big projects, big numbers, and the man behind the water

2+ week, 6+ day ago   (1124+ words) His words are like a boat drifting, waiting to dock. He piles on about the importance of his kids being members of the community—members of a community—especially as they grow, especially in this day and age. “Respect is…...

Business Daily
businessdailyafrica.com > bd > corporate > companies > kq-tops-dues-to-kcaa-with-sh1-5bn-unpaid-service-fees-5566162

KQ tops dues to KCAA with Sh1.5billion unpaid service fees

3+ week, 2+ day ago   (508+ words) The Kenya Civil Aviation Authority said that part of KQ's debt has been outstanding for more than two years, and it has been engaging the airline to recover the unpaid fees. Business & Technology Reporter National carrier Kenya Airways (KQ) owed…...