Today's Business Highlights
India firm eyes job cuts, new terms for KAA staff in deal
Kenya Airports Authority (KAA) employees may face renegotiations and potential job losses if India's Adani Airport Holdings wins the 30-year bid to run JKIA. Adani plans to invest $1.85 billion (Sh246 billion) in upgrades and would only retain a portion of the current workforce. — Read More
Jacob Juma widow loses bid to stop eviction from Loresho land
The widow of late businessman Jacob Juma has failed to persuade the Court of Appeal to block her eviction from a controversial property in Nairobi's Loresho area. — Read More
KDC stuck with Sh490m unsold houses despite cutting asking price
The State-owned Kenya Development Corporation (KDC) is stuck with Sh490 million worth of hard-to-sell houses in Mombasa County, even after slashing prices, an audit has revealed. — Read More
Kenya banks snoop on staff with AI in war against fraud
Commercial banks have deployed artificial intelligence (AI) technologies to spy on their staff in fresh efforts to combat fraud and theft propagated by internal actors, the sector regulator has revealed. — Read More
领英推荐
9,000 households to get electricity through Sh1.8 billion Japanese grant
About 9,121 households in four counties will be connected to electricity through a Sh1.85 billion grant from the Japan International Cooperation Agency (Jica). — Read More
Investors see heightened risk in Kenya amid anti-government protests
Investors are increasingly viewing Kenya as a heightened risk due to ongoing protests, according to recent reports. The unrest is causing concerns over economic stability and investment prospects in the country. This sentiment is likely to impact Kenya's financial markets and economic growth if the situation continues. — Read More
Insurance industry must seize ESG opportunities for competitive edge
Like any other, the insurance industry stands to reap significant benefits from embracing environmental, social, and governance (ESG) in strategy execution. — Read More
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Interesting update on the business landscape and employment changes at KAA. Keeping up with such industry shifts is crucial for making informed decisions. If your startup or B2B business is navigating similar challenges, Invenio Wealth Partners can help with strategic digital marketing solutions to enhance your impact. Check out our page to see how we can support your growth!