Kenya Airways Boeing 737-800 © Tis Meyer (PlanePics.org) Kenya Airways (KQ, Nairobi Jomo Kenyatta ) is planning to downsize its fleet to 30 aircraft, a move that may see more staff lay-offs as the flag carrier looks to cut costs, reports Kenya’s The Star newspaper. This was in line with a recovery-and turnaround plan completed […]
The revelation that 97 percent of stock trading accounts have been dormant for years should spur regulators and other stakeholders in the capital markets into action. It speaks to widespread investor apathy that comes on the back of disappointing returns, a major part of which can be traced to poor corporate governance among some Nairobi […]
The February 14 holiday accounts for about 50% of Kenya’s annual cut flower shipments Flowers on sale at a florist in Paris, France. Kenya authorized Ethiopian Airlines Group and Qatar Airways to deploy additional cargo flights to meet extra demand for flowers for Valentine’s Day. Ethiopia’s national carrier was granted 24 flights and the Qatari […]
Kenya asks Qatar Airways and Ethiopian Airlines to deploy cargo flights in a bid to meet Valentine’s Day flower demands in Europe Kenya has asked Qatar Airways and Ethiopian Airlines to deploy additional cargo flights in a bid to meet Valentine’s Day flower demands in Europe. Kenyan flower growers are currently experiencing shipment delays, hence […]
Equity Group Managing Director and chief executive James Mwangi. PHOTO | DENNIS ONSONGO | NMG We are a trusted broker, because we know both sides and we have no interest other than in their success. We gave the Congolese the impression that this is a bank that cares, and the Kenyans that this is a […]
Kenya Airways CEO Allan Kilavuka speaks during an interview with Reuters at the company headquarters in Nairobi, Kenya February 11, 2022. REUTERS/Monicah Mwangi NAIROBI, Feb 14 (Reuters) – Kenya Airways expects a 20% rise in revenue this year, its chief executive told Reuters, as it battles to end losses in its passenger business and recover […]
Kenya Airways CEO Allan Kilavuka and Treasury PS Julius Muia during a Public Accounts Committee in Parliament to answer audit questions on January 24, 2022/EZEKIEL AMING’A MPs are questioning the procedure of conversation of Sh24 billion loans to equity at Kenya Airways. The National Assembly Public Accounts Committee wants former Treasury Principal Secretary Kamau Thugge […]
Kenya Airways planes at the Jomo Kenyatta International Airport on July 31, 2020. PHOTO | SALATON NJAU | NMG Kenya Airways will start direct flights from Milan to Nairobi on June 8 as demand for booking picks up ahead of summer. KQ, as the airline is known by its international code, will operate on Wednesday […]
The decline of big names such as Uchumi, Kenya Airways, East African Cables, East African Portland Cement and Mumias Sugar was the first sign of struggle in corporate Kenya. [File, Standard] An increase in the number of financially crippled corporates is the new headache for banks, with some lenders in court battles to recover billions […]
Students tour Kisumu International Airport, Kenya. The Kenya Airports Authority (KAA) has kicked off the expansion of the Kisumu International Airport in readiness for the May 2022 Africities Conference. PHOTO | FILE | NMG The Kenya Airports Authority (KAA) has kicked off the expansion of the Kisumu International Airport in readiness for the May 2022 […]
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