A Kenya Airways plane in flight. PHOTO | FILE | NATION MEDIA GROUP Kenya Airways has announced that it will be making some adjustments on some of its routes by either stopping, cutting on frequencies or suspending flights altogether. Experts have warned that the number of passengers will remain subdued as flights the world over […]
Like human beings, companies have their lifespan. Some may look like they will be around forever, but then some unforseen change comes about, and unable to cope, they die. Others shut down within hours or days of being born. While some stay on life support for an unusually long time, others make a surprise recovery. […]
Delivery trucks outside the Kenya Breweries plant in Nairobi on July 23, waiting to be loaded with alcoholic beverages. PHOTO | FILE | NATION MEDIA GROUP Trucks are still at its Nairobi plant. Crates piling up at its storage yards as expired liquor from the field is ferried back to its depots. In Kisumu, its […]
Stock Market THE Tanzania Share Index (TSI), remained constant during the week, closing at 3,466.81 points for the third week in a row as all domestic counters record no movement in prices in the mentioned period. Similarly, the domestic market capitalisation remains at TZS 9,104.31bln ($3.94bln) same as the close of the last two weeks. […]
Kenya Airways planes parked at JKIA. PHOTO | FILE | NATION MEDIA GROUP They opposed any move by the airline to reduce staff, instead urging for measures to expand its network and preserve Nairobi as an economic hub for the East African region. Kenya Airways top management has, however, termed its decision as “right-sizing” the […]
Kenya Airways planes parked at JKIA. PHOTO | FILE | NATION MEDIA GROUP The Federal Aviation Authority (FAA) said the Boeing 737NG aircraft that have been idle since the outbreak of Covid-19 could form corrosion on the air check valves. This anomaly that can lead to stalling of the two engines when the airplane is […]
Tanzanian President Benjamin William Mkapa speaks to African Union diplomats during a session of the AU, in Addis Ababa, Ethiopia, on August 31, 2005. PHOTO | AFP Mr Mkapa led Tanzania from 1995 to 2005 before handing over to Jakaya Mrisho Kikwete. He was born on November 12, 1938. Benjamin William Mkapa is no more. […]
The Nation Centre building in Nairobi’s Kimathi Street where the Nation Media Group offices are located. Monday, October 21, 2019 Simon KiraguKenyans.co.ke Nation Media Group has announced that it intends to lay off some members of its team following plans to reorganise the business model. According to documents seen by Kenyans.co.ke the layoff, which is […]
The top gainer of the day at the Nairobi Securities Exchange (NSE) on Wednesday was Longhorn Publishers with 8.41 percent at the price of 4.90 shillings per share. Sanlam Kenya was the top second gainer of the day with 7.69 percent at the price of 14.00 shillings per share followed by Standard Group with 6.90 […]
On Monday, Kakuzi emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) with 9.76 percent at the price of 360.00 shillings per share. Sasini Tea and Coffee, and Williamson Tea Kenya gained 6.75 and 4.56 percent at the price of 17.40 and 143.25 shillings per share respectively. Eveready East Africa […]
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