Kenya Airways Group Managing Director and Chief Executive Allan Kivaluka is set to exit the national career after six years of being at the helm. According to a statement released on Tuesday, December 16, by the airline’s board of directors, effective December 16, KQ Chief Operating Officer (COO) Captain George Kamal will take over in acting capacity as Kivaluka proceeds on terminal leave as the company embarks on a competitive recruitment process to appoint a substantive CEO. “During his tenure, Allan served with commitment, dedication, honour and diligence, steering the Company through the turbulent COVID-19 period which affected the aviation…
Author: Victor Adar
Victor Adar
Victor Adar is a seasoned journalist with a Diploma in Mass Communication (Print) from the Technical University of Mombasa. He has previously worked with Reuters, Go Places travel magazine, and Aden Associates International. Since joining NBM in 2012, he has become a key member of the editorial team, covering enterprise, corporate affairs, HR, and technology.
Kenya Association of Manufacturers (KAM), the German Embassy in Nairobi and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ Kenya) have released a study that shows that Kenya has been missing out on $5.3 billion a year in unmet export potential and nearly $10 billion in broader export opportunities that remain unrealised. The study has exposed Kenya’s lack of “export competitiveness” and comes at a time when experts say the country is grappling with a widening export deficit despite availability of regional and global markets ready to absorb more Kenyan products. Peter Njoroge, Director of External Trade at the State Department for…
Formal move by Eritrea to withdraw from the Intergovernmental Authority on Development (IGAD) on claims that the regional body has failed to ensure development, peace and stability, just two years after its return to the bloc, has sparked regrets and fears of internal conflicts that could spill to Ethiopia, Somalia and Sudan. The Horn of Africa country self-suspended its participation from IGAD for nearly two decades before formally rejoining following the 14th Ordinary Summit of Heads of State and Government held in June 2023. All Member States cordially welcomed it back on that occasion, demonstrating their shared commitment to inclusivity,…
Cosmetic and pharmaceutical company with French origins, Pierre Fabre and Africa-based healthcare and consumer-health distributor, Groupe Ethica, has entered the Kenyan market with the roll out of Avène and Ducray brands. While Avène dermo-cosmetic brand is for sensitive skin, Ducray is globally recognised for its medical-grade solutions for acne, eczema, hyperpigmentation, hair loss, and scalp disorders. The Ducray range includes Keracnyl, Dexyane, Icytane, Anaphase+, and Melascreen. “Kenya is one of the most dynamic dermatology markets on the continent,” said Rosemary Ayieko, the Head of East Africa, Groupe Ethica. “The endorsement from the Kenya Association of Dermatologists also affirms the relevance…
Government has pledged to begin the construction of 50 mega dams in northern and coastal regions that it says will enable the irrigation of 1.5 million acres of land in bid to make those areas Kenya’s new food baskets. According to President William Ruto, through irrigation, the two regions that had been declared low-potential areas will now become high-potential agricultural producers. “In our plan for placing 2.5 million acres of land under irrigation, 1.5 million of those will be from Northern Kenya and the Coast regions,” Ruto said at Masalani in Ijara Constituency, Garissa County, during the wedding ceremony of…
It is a new era for farmers as the Ministry of Agriculture and Livestock Development is all set to digitize agriculture and livestock data thanks to the Kenya Integrated Agriculture Management Information System (KIAMIS) — marking one of the biggest digital milestones in Kenya’s agricultural transformation journey. The Food and Agriculture Organization of the United Nations (FAO) and development partners on Friday, November 28, during the ongoing Intergovernmental Forum on Agriculture in Naivasha, officially handed over KIAMIS to Agriculture and Livestock Development Cabinet Secretary Sen. Mutahi Kagwe. Hamisi William, FAO Deputy Country Representative, who presented the system to the CS…
Twenty-four Micro, Small, and Medium Enterprises (MSMEs) have received growth grants of KSh100,000 each after completing the Inuka Enterprise Accelerator Program, a banking industry-led initiative implemented by the Kenya Bankers Association (KBA) through the Centre for Sustainable Finance and Enterprise Development (CSFED). The enterprises selected for the pilot 12-week accelerator were drawn from key sectors — including manufacturing, agriculture, trade, textile, and leather— and were identified from the more than 130,000 MSMEs that have benefited from the broader Inuka Enterprise Program since 2018. KBA Chief Executive Officer Raimond Molenje noted that MSMEs are the backbone of Kenya’s economy, contributing over…
When Kenya-based steel miller Devki Group broke ground in Tororo, Uganda, on November 23, it signalled that demand for steel products is already substantial across East Africa. The USD 500 million mega project (Sh65 billion), scheduled for completion by the end of 2027, will raise Devki’s total regional investment to USD 1.1 billion. Billionaire industrialist Narendra Raval, the founder and chairman of Devki Group, is tightening his grip on the lucrative steel business, saying the new plant will help Uganda reduce its trade deficit. “This project will reduce the trade deficit of Uganda by over a billion dollar by not…
Once a year, there is a special siting where the president reports to parliament on the state of security as well as talk about accelerating economic policies as per article 132 (1)(b) of the constitution. This time, President William Ruto believes that Kenya has put in place strategies to “eliminate wasteful subsidies”, give relief to households by reducing inflation, and ensuring that Kenyan shilling against the dollar continues to be stable. But the irony is stark – Ruto celebrated economic expansion at a time when the households, particularly those at the bottom of the pyramid continue to grapple with rising…
Kenya Power (KP) has recorded a 470 percent increase in the uptake of tenders by businesses owned by young people, women and people living with disabilities (PWDs), awarding contracts worth Sh3.5 billion in the last financial year ended June 30, 2025. This compares to Sh614 million awarded to these groups in the previous financial year ended June 30, 2024, making the 2024/25 performance the highest in the last eight years. “Last year, we were intentional in meeting and sensitizing the youth, women and PWDs about procurement opportunities that exist for them within the Company. Our efforts have led to these…