Thursday, January 22, 2026
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James Oundo

KQ to add 3 narrow-body planes; grounded Dreamliners to resume duty

National carrier Kenya Airways is set to add three narrow-body planes to its fleet. This has been announced by the company's chief executive officer Allan Kilavuka. According to Kilavuka, the three narrow-body planes are expected to boost the national...

Treasury committee rejects Sh468 billion Nairobi-Mombasa Expressway plan

The National Treasury’s Public Private Partnerships (PPP) committee has rejected the Nairobi-Mombasa Expressway plan, dealing a blow to the 459-kilometre mega project. The rejection has now cast a cloud over the fate of the project that was slated to kick...

How local bank lost over Sh500 million to theft in system upgrade mess

Over Sh500 million was stolen from a local bank in a sophisticated cyber scheme. This has been revealed by the Financial Reporting Centre in its annual report dubbed Money Laundering and Terrorism Financing Trends and Typologies Report 2025. According to...

KRA exceeds target as tax collections in Kenya rise to Sh2.571 trillion

The Kenya Revenue Authority (KRA) exceeded its own revenue targets for the financial year 2024/25 by collecting Sh2.571 trillion. These tax collections were an improvement from the Sh2.407 trillion collections the taxman managed in the previous 2023/24 financial year. The...

How Kenyan drug lord “cleaned” millions of dirty drug money

Over the past few months, there has been a growing number of Kenyan women who have been getting arrested at the Jomo Kenyatta International Airport and other international airports outside the country while trying to smuggle narcotics. The most commonly...

How spouses, proxies, shell companies are used to embezzle billions in counties – Report

The Financial Reporting Centre's Money Laundering and Terrorism Financing Trends and Typologies Report 2025 has unearthed how come counties in the country moved billions of money through county employees, shell companies, and proxies and their spouses. According to the report,...

Kenyan banks handle Sh6.38 trillion suspicious money in 3 years – Report

Kenyan banks handled suspicious money amounting to a total of Sh6.38 trillion in the period between 2021 and 2024, a new report has established. According to the report dubbed Financial Reporting Centre Money Laundering and Terrorism Financing Trends and...

KQ launches JKIA-Gatwick direct flights in UK market expansion

Kenya Airways is launching its direct flights to Gatwick, London. The JKIA-Gatwick direct flights will be operated by Kenya Airways' Boeing 787-8 Dreamliner. Gatwick will now be KQ's second entry point to the UK market after its current slot at the...

Equity to auction Nairobi businessman’s 30 vehicles over Sh302m debt

Equity Bank is set to auction 30 vehicles belonging to Nairobi businessman Patrick Nthiga Mvungu over a Sh302 million debt. This is after the lender received the greenlight from the High Court to auction the vehicles in a bid...

Kenya Airways staring at losses as two B787-8 Dreamliners remain grounded

Kenya Airways is currently experiencing reduced operational capacity of up to 20 percent. This has been attributed to the grounding of two KQ B787-8 Dreamliners over engine maintenance. This has been revealed by the national carrier's chief executive officer Allan...

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Standard Chartered appoints Dalu Ajene as CEO Africa

Standard Chartered has appointed Dalu Ajene as the Chief Executive Officer for Africa, a strategic leadership move that underscores...
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