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  • Virgin Atlantic pulls out of Kenya as direct flights to the US remain elusive

     

    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.

  • Tourism sector defies odds to boost Kenyan economy

     

    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.

  • Kenya Commercial Bank ventures in the entire East African region

    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.

  • Kenya gets Sh4.3 billion from EU to boost food security


     

    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.

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