Treasury Cabinet Secretary Ukur Yatani. [Wilberforce Okwiri, Standard] The International Monetary Fund’s (IMF) ultimatum that Kenya reveals the Covid-19 millionaires is just one of the conditions of the Sh256 billion programme that it has with Nairobi. It is aimed at assisting the country to reduce its debt levels by increasing tax revenues and containing spending. […]
A Delta 757 in Los Angeles. (Photo: AirlineGeeks | Ben Suskind) Delta Air Lines and Kenya Airways have inked a codeshare agreement that will enable both airlines to serve an extensive network while offering travel to a total of 39 cities across Africa, the U.S. and Canada. With the new enhanced agreement, Delta customers flying […]
KTB CEO Dr Betty Radier takes on the archery experience at The Forest Adventure in Kireita. Kenya Tourism Board (KTB) has intensified efforts to market Kenya to the rest of Africa by targeting key source markets in the region. Speaking aboard the Tamarind Dhow in Mombasa County, KTB Corporate Affairs Manager Wausi Walya, who represented […]
Kenya Airways Kenya Airways has joined other airlines in cutting flights destined to Entebbe as Covid-19 third wave takes toll on Uganda. In June, Emirates Airline suspended passenger flights from Uganda to Dubai until further notice, responding to a UAE government directive which stopped Ugandans traveling to the region. Later, Rwanda Air too suspended flights […]
Kenya Airways B787-8 Kenya Airways (KQ, Nairobi Jomo Kenyatta ) expects to save USD45 million this year after changing the lease terms of its aircraft fleet, opting for hourly rates over fixed costs, says Managing Director Allan Kilavuka. He said the carrier had negotiated a productivity-based payment method with its lessors to avoid fixed costs […]
A KQ Dreamliner aircraft. PHOTO | FILE | NMG Kenya Airways has cut its flight frequency to Entebbe by 25 percent following high cases of Covid-19 in Uganda and strict government containment measures, which have reduced demand on the route. The airline has cut the number of flights from 12 a week to nine citing […]
A fleet of Kenya Airways planes at the Jomo Kenyatta International Airport in Nairobi. FILE PHOTO | NMG Kenya Airways expects to save $45 million (Sh4.85 billion) this year after it changed the lease terms on its aircraft fleet, opting for hourly rates in place of fixed costs. The carrier has negotiated for a productivity-based […]
The Covid-19 pandemic has seen the World Bank and the International Monetary Fund (IMF) release their lending purse strings for Kenya in a trend that has seen Kenya net nearly Sh500 billion in a year. The two Bretton Woods institutions have been announcing one loan approval after another in quick succession at a time when […]
Cellulant ( www.Cellulant.io ), a leading Pan-African payments company, unveils its new brand identity and affirms its commitment to partner with global, regional and local businesses to accelerate Payments’ digitisation across Africa. Over the last couple of years, Cellulant has evolved to become more than just a business but an idea and belief that Africa […]
A Kenya Airways plane at the JKIA in Nairobi. FILE PHOTO | NMG Kenya Airways has failed to reach a deal for its pilots to be paid per trip as the national carrier seeks a lower wage bill to weather the coronavirus storm that has crushed air travel demand. KQ chief executive officer Allan Kilavuka […]
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