Author: David Indeje

Kenya Breweries Limited has announced the launch of a new brand called Gilbey’s Mixed Berries, a delicious blend of gin and mixed berries to cater to grow its market share. Victoria Mbugua, Innovations Manager, KBL says the brand also aims to address demand from consumers given the success that they have seen with Gilbeys’ mother brand. “This is the reason why innovations are very critical for us as a company. It’s because they enable us to grow our market share and it enables us to incorporate more consumers into our portfolio,” says Victoria. Other brands that the brewer has launched…

Kenya Airways has announced special ticket discounts of up to 30 per cent off to destinations across its network. This applies to tickets purchased by the 24 th September 2021 for travel up to 31 st March 2022. The airline says this is aimed at “exciting customers to travel and reconnect to new experiences with a delightful touch”,  in line with this year’s upcoming Customer Service Week, The Power of Service. “This cements our purpose as the pride of Africa by offering them travel options and discounts that will help them enjoy their holidays even better. This will be further…

The Kenyan shilling held steady against major international and regional currencies during the week ending Sept. 17  attributable to increased dollar demand from the energy sector.   In the week, the shilling averaged KSh 110.03 per US dollar on September 16, compared to KSh 110.10 per US dollar on September 9 a marginal depreciation of 0.2 per cent.  FX Reserves In addition, the Central Bank Weekly bulletin for the week showed that usable foreign exchange reserves remained adequate at USD 9,619 million (5.88 months of import cover) as at September 16. The reserves had declined by USD 10 million from USD…

The United Kingdom on Friday announced that Kenya is among eight countries that will be removed from its red list, meaning passengers arriving in the country from these destinations will not have to quarantine. The Department for Transport confirmed the eight countries coming off the red list as of 4 am on Wednesday are Turkey, Pakistan, the Maldives, Egypt, Sri Lanka, Oman, Bangladesh and Kenya. “Today’s changes mean a simpler, more straightforward system. One with less testing and lower costs, allowing more people to travel, see loved ones or conduct business around the world while providing a boost for the…

Kenya’s total receipts for the August period of the current fiscal surged 34 per cent,  to Ksh 125.3 billion compared to Ksh 93.5 billion similar period in FY 2020/21. According to the statement of actual revenues and net exchequer issues as of August 31 by the National Treasury, published Friday, cumulative tax receipts through the first two months of the 2021/22 financial year stand at Ksh 247.2 billion in contrast to Ksh188.1 billion in August 2020. This is a 23 per cent increase attributed to both the economic recovery on easing of the Covid-19 containment measures. Additionally, the implementation of…

Kenya’s minister for trade has appointed a four-member team that will represent the country in the Economic Partnership Agreement Council. Betty Maina, Kenya’s Industrialisation, Trade and Enterprise Development minister also appointed an eight-member team to be part of the Committee of Senior Officials published in the Kenya Gazette. The council will be chaired by the Minister and its members include The Attorney-General (Paul Kihara), The Minister for the National Treasury and Planning (Ukur Yattani), Minister for the East African Community and Regional Development (Adan Mohamed ) and Minister for Agriculture, Livestock, Fisheries and Co-operatives ( Peter Munya). On the other…