ADDIS ABABA — For Tedela Chala, a supermarket worker in Addis Ababa, going to work is no longer the nightmare it used to be in the past, when traffic jams were an integral part of the chaotic city. “(Now) it takes only 10 minutes to reach my workplace,” the 37-year-old said, describing his fast, cheap […]
Tanzania could turn to World Bank to finance the construction of its electric standard gauge railway (SGR). Finance and Planning Minister Dr Philip Mpango on Monday said that the World Bank had expressed its intention to help fund the Isaka-Rusumo SGR section and Rwanda’s section from Rusumo border to Kigali, along with other transport infrastructure […]
Kenya Airways is expanding fleet by recalling sub-leased aeroplanes.
Mount Kenya University (MKU) through its Kigali campus has entered into a memorandum of understanding (MoU) with the national carrier of Rwanda, RwandAir, to design relevant market-driven programmes targeting the airline’s staff. The Kenyan institution of higher learning says it will, following the pact, train RwandAir staff leading to the award of Bachelors degrees as […]
The Rwandan national carrier will fly directly from Kigali to Cape Town International Airport, with a stop-over in Harare, four times a week from 16 May 2018. In the press release by Rwandair, its CEO, Chance Ndagano, said: “This is yet another big milestone for RwandAir as we continue to expand our network.Our aim is […]
Ticket pricing, on-board experience and choice of aircraft will be the main factors that Kenya Airways will be banking on to win passengers over as it starts its long haul flights to New York later this year. The carrier will become the third African airline to fly directly to New York, after South African Airways […]
Nairobi based budget airline Jambojet today expands its wings in East Africa with the launch of a double daily flight between Nairobi and Entebbe. Among the passengers on the inaugural flight that took off shortly before 10am on Thursday, is Jambojet’s chief executive Willem Hondius who last month said he is optimistic that the regional […]
Without breaking a sweat, the customs department at Uganda Revenue Authority (URA) is guaranteed of slightly more than a trillion shillings ($280m) in revenue from companies it has enrolled in the Authorised Economic Operator (AEO) programme. The AEO is generally a trade facilitation initiative which the tax body uses to ease trade by simplifying and […]
Uber has launched a new, lower-cost service in Nairobi called Uber Chap Chap . Made possible by using a fleet of fuel-efficient budget sedans, Uber Chap Chap (Swahili slang for “hurry, hurry”) is currently available in several areas of the Kenyan capital, including its central business district. Uber, which began testing the service at the […]
Ethiopian Airlines ferried 416,229 passengers between Nigeria and Addis Ababa to emerge the foreign carrier with the highest number of traffic in 2017 in the country. The airline, which remains the only carrier that operates from five points in Nigeria: Lagos, Abuja, Enugu, Kano, and Kaduna, had 202,452 inbound passengers while the outbound passengers were […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.
We would like to show you notifications for the latest news and updates.