Business - News Light Kenya

John Mwendwa Appointed as CEO of Kenya Investment Authority”

The Kenya Investment Authority (KenInvest) Board of Directors has announced the appointment of Mr. John Mwendwa,as its new Chief Executive Officer, effective January 2025. KenInvest, a statutory body established in 2004, plays a pivotal role in promoting and facilitating investments in Kenya. Mr. Mwendwa’s appointment comes at a crucial time as the Authority continues to…

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ABAK Appeals to National Assembly to Reject New EPR Regulations

The Alcoholic Beverages Association of Kenya has asked Parliament to reject a set of new regulations that, if implemented, could increase the cost of production by 70 per cent. ABAK said the Sustainable Waste Management (Extended Producers Responsibility) Regulations 2024 (EPR Regulations) would end up causing more harm and derail progress made in sustainable waste…

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Infinity Industrial Park Poised to Boost Regional Economy and Drive Transformation

A site visit to the 200-acre Infinity Industrial Park, a Special Economic Zone (SEZ) recently approved for gazettement, highlighted its potential to become a key industrial and logistics hub,with the aim of driving local industrialization and fostering economic growth. The park is poised to create 25,000 direct jobs once fully operational, with 11 companies already…

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Elite Brands International Awards to Shine a Spotlight on Excellence in Nairobi

The Elite Brands International Awards will take place on December 13, 2024, mainly to celebrates not only top performers in various industries but also the values and processes that contribute to their success and showcasing the achievements of global and Kenyan companies. Elite Brands Awards International is an annual industry leadership recognition survey organized by…

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Safaricom Foundation Launches Ksh 120 Million Wezesha Agri-Eco Hub in Busia County

Safaricom Foundation has unveiled the Wezesha Agri-Eco Hub Project, an ambitious Ksh 120 million initiative designed to empower over 5,000 youth, women and persons with disabilities in Busia County through agribusiness and sustainability-focused ventures. The two-year program, a collaboration with Ustadi Foundation, Lake Basin Development Authority (LBDA), Alupe University, and the County Government of Busia,…

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Kenya and Qatar Celebrate Growing Bilateral Ties on Qatar’s National Day

Kenya and Qatar have celebrated the 53rd National Day celebrations of the State of Qatar,reflecting Qatar’s role as a global partner and commitment to building bridges across the nations. Speaking on Monday during the celebration,the Cabinet Secretary for Mining, Blue Economy and Maritime Affairs Ali Joho, expressed Kenya’s strong support for Qatar, marking the enduring…

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Kenya Airways Introduces Direct Nairobi-Gatwick Flights Starting July 2025

Kenya Airways (KQ) has announced the launch of a new direct route between Nairobi’s Jomo Kenyatta International Airport (JKIA) and London’s Gatwick Airport (LGW), set to begin on 2 nd July 2025. Kenya Airways (KQ), The Pride of Africa, is a leading African carrier on a mission to propel Africa’s prosperity byconnecting its people, cultures,…

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Safaricom’s M-PESA Surpasses 34 Million Users in Kenya, Marking a Milestone in Financial Inclusion

Safaricom’s mobile money platform, M-PESA, has reached a remarkable 34 million subscribers in Kenya, reinforcing its position as a leader in financial inclusion and innovation. The milestone, achieved in November 2024, highlights Safaricom’s commitment to delivering accessible, seamless and secure financial services across the country. Launched in 2007 and set to celebrate its 18th anniversary…

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Safaricom Chapa Dimba All-Stars Headed to Spain for Training Camp

The Safaricom Chapa Dimba All-Stars Team, comprising 32 of Kenya’s top young football talents 16 boys and 16 girls will soon embark on an international training camp in Spain. These standout players were scouted during the eight regional finals held across the country, including Western, Nyanza, Rift Valley, Eastern, Coast, Central, North-Eastern, and Nairobi. Currently…

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Government Rolls Out Security Measures for Festive Season

The Ministry of Interior and National Administration has announced comprehensive security measures to ensure the safety of citizens and visitors during the festive season and New Year celebrations. Speaking on Wednesday during a press briefing,Interior and National Administration, Principal Secretary Dr. Raymond Omollo outlined the plans, accompanied by senior officials from various security agencies. The…

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