By TFN Reporter

Virgin Atlantic has announced plans to withdraw operations between Nairobi and London on starting September this year. Kenya Airways CEO Titus Naikuni. The country has been fighting to have direct flights to the US

Though the airline has given various reasons for the withdrawal, industry sources say the airline had expected Kenya and US to agree on direct flights.

By Ben Kinyanjui

The tourism sector recorded an impressive growth with international visitor arrivals going up 13.3 per cent from 1.6 million in 2010 to 1.8 million last year.Mr Najib Balala led tourism promotion as minister

According to the economic survey report released Tuesday, earnings from the sector also rose Sh97.9 billion from Sh73.7 billion during the same period.

By Ben Kinyanjui

The World Bank has given Kenya Sh5 billion to improve city infrastructure and water and sanitation.Good roads are needed in Nairobi Metropolitan area

More than 1.5 million people working and living in Nairobi’s metropolitan region will benefit from better infrastructure and other public services funded by a new programme.

By TFN Reporter

Kenya Commercial Banks (KCB) became the first Kenyan bank to spread operations in all the five East African countries by opening its first branch in Bujumbura, Burundi.KCB chairman Peter Muthoka says bank will provide jobs

The commencement of operations follows months of preparation that commenced in 2011 when the KCB Group officially wrote to the Central Bank of Burundi applying for a license to operate in the country.

By Ben Kinyanjui

From her shop in Mihang'o trading centre in the outskirts of Nairobi, Jane Nyambura was for the first time Thursday waiting for the Central Bank of Kenya (CBK) to announce its lending rate.CBK Governor Prof Njuguna Ndung'u insists economy is still under inflationary pressures

Ms Nyambura has been waiting for interest rates to fall so that she can borrow some money from her bank in order to complete a residential building she started some three years ago when rates were favourable.

By TFN Reporter

Kenya has received Sh4.3 billion from the European Union to support and strengthen food security.Famine affects mostly women and children

During his visit to Kenya, EU Commissioner for Development, Andris Piebalgs, announced the new support to address food security in Kenya, which is often affected by recurrent drought.