Kenya Airways Chief Executive Allan Kilavuka. PHOTO | FILE | NATION MEDIA GROUP Nationalisation of Kenya Airways (KQ) won’t fix the financial turbulence at the airline, the management has said. The airline’s chief executive, Allan Kilavuka, told the Nation the move won’t return the national carrier to its past glory. “KQ is important, and yes, […]
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Kenya Airline Pilots Association opposes staff layoffs at KQ
Kenya Airline Pilots Association (Kalpa) wants ongoing staff layoffs, which include sacking of pilots by Kenya Airways (KQ) stopped, terming the exercise illegal. PHOTO | FILE | NATION MEDIA GROUP Kenya Airline Pilots Association (Kalpa) wants ongoing staff layoffs, which include sacking of pilots by Kenya Airways (KQ) stopped, terming the exercise illegal. The carrier […]
NMG accelerates digital revamp to overcome Covid-19 effects
Nation Media Group chairman Wilfred Kiboro during the online AGM at Nation Centre on June 26, 2020. PHOTO | SILA KIPLAGAT | NATION MEDIA GROUP Group chairman Wilfred Kiboro said the business disruption brought by the pandemic had provided the company with important lessons. The group has already started an in-house content service platform with […]
Virus effects on economy may force relaxation of controls
Kenyans filing tax returns at Kenya Revenue Authority, iTax Support Centre at Railways, Nairobi, on June 30. Data from the Treasury indicates that tax collection for April dropped by Sh20 billion due to the impacts of the pandemic on the economy. PHOTO | DENNIS ONSONGO | NATION MEDIA GROUP Kenya’s economy is projected to take […]
Kenyan women blazing a trail to the C-suite
For these women, getting a seat at the top of the decision-making table has not been an easy ride. More by this Author By KAMAU MAICHUHIE More by this Author Thursday July 09 2020 Women representation in high-level leadership positions remains critically low in Kenya, even within international organisations that shape global dialogue. The country […]
Standard Group Kicks Off The Week As Top Gainer At The NSE
The top gainer of the day on Monday at the Nairobi Securities Exchange (NSE) was Standard Group with 9.79 percent at the price of 24.10 shillings per share. Kenya Re-Insurance was the second top gainer of the day with 9.00 percent at the price of 2.18 shillings per share followed by Uchumi Supermarket with 5.71 […]
Homegrown multinationals gain firm foothold in East Africa
Kenyan companies have been the most adventurous, with their cross-border advances returning a mixed bag of fortunes. Efforts to harmonise taxes, creation of one-stop border points, common investments in infrastructure projects and other initiatives have turned the EAC into a fertile expansion territory. The 150 million people strong EAC Common Market has opened a window […]
Broke private schools face total shut down
Some of the Kenya Private Schools Association members during their annual conference in Mombasa in April 2019. PHOTO | FILE | NATION MEDIA GROUP The closure will force parents into the unenviable arduous task of searching for alternative schools for their children. The ten-month closure will destroy careers and have a huge impact on families. […]
EAC multinationals gain firm foothold in region
Companies such as Equity Holdings have extended their reach into other East African member states including Uganda. PHOTO | FILE The 150 million people strong EAC Common Market has opened a window for cross-border expansion, nurturing homegrown multinationals that now straddle the region. Kenyan companies have been the most adventurous, with their cross-border advances returning […]
East Africa: EAC Multinationals Gain Firm Foothold in Region
The 150 million people strong EAC Common Market has opened a window for cross-border expansion, nurturing homegrown multinationals that now straddle the region. Kenyan companies have been the most adventurous, with their cross-border advances returning a mixed bag of fortunes. Some firms have recorded huge successes while others have rued the decision to venture outside […]