Kenya Airways planes at JKIA, Nairobi. PHOTO | FILE | NATION MEDIA GROUP Boarding of aircraft will be done strictly based on zones and not priority, with passengers on the waiting bays expected to wear their face masks and adhere to the social distancing rule within the sitting lobbies. At the boarding zones, the seats […]
KenGen Managing Director & CEO Rebecca Miano on April 2, 2019. PHOTO | FILE | NATION MEDIA GROUP KenGen’s CEO Rebecca Miano spoke with John Njiraini on energy generation and expansion to neighbouring countries. KenGen is investing in expansion of geothermal energy production. What is the status of ongoing projects and what’s the target in […]
An empty airport as a result of international travel restrictions. PHOTO | FILE | NATION MEDIA GROUP Africa’s aviation industry will suffer an estimated revenue loss of $8.103 billion this year as a result of Covid-19 pandemic, according to a latest report by the African Airlines Association (AFRAA). The impact assessment analysis shows passenger revenue […]
East Africa’s listed banks have reported either flat or reduced profit for the first three months ended March 31, 2020. PHOTO | FILE | NATION MEDIA GROUP East Africa’s listed banks have reported either flat or reduced profit for the first three months ended March 31, setting the pace for a year of subdued performance […]
The airline sector saw indications of recovery in passenger traffic in May. PHOTO | FILE | NATION MEDIA GROUP The airline sector saw indications of recovery in passenger traffic in May, as domestic demand and business confidence in key markets rose for the first time since the economic crisis triggered by the Covid-19 pandemic. In […]
Uganda is Africa’s largest exporter of coffee followed by Ethiopia and grows mostly robusta variety. PHOTO | FILE | NATION MEDIA GROUP Kampala, The quality of Uganda’s coffee crop may decline in the coming months as heavy rains across the east African nation have reduced the amount of sunshine necessary for bean drying, an industry […]
Increase in Uganda coffee exports has been attributed to higher production. PHOTO | FILE | NATION MEDIA GROUP Uganda’s coffee exports have continued to surge despite the coronavirus pandemic with April figures showing growth compared with a year ago. Uganda Coffee Development Authority (UCDA) said in a report released in April that Uganda coffee exports […]
The US-Kenya trade deal could see local farmers face stiff competition from subsidised products from the US market. PHOTO | FILE | NATION MEDIA GROUP The agreement portends the danger of crippling sectors such as agriculture and manufacturing and disintegration of its economy. The agreement will likely impact food security as the ability of local […]
Equity Bank Holdings Ltd recorded a 14 per cent decline in net profit for the three months to March 31, 2020. PHOTO | DENNIS ONSONGO | NATION MEDIA GROUP The Nairobi Securities Exchange-listed lender saw its profit after tax fall to Ksh5.28 billion ($52.8 million) from Ksh6.15 billion ($61.5 million). The management took a conservative […]
Aircraft operated by Kenya Airways parked at Jomo Kenyatta International Airport in Kenya’s capital Nairobi. PHOTO | FILE | NATION MEDIA GROUP Kenya Airways last year underwent a series of capital and debt restructuring that elevated taxpayers to the biggest shareholders of the financially troubled carrier. IATA also forecasts that global aviation industry will lose […]
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