Nairobi — National carrier, Kenya Airways, has announced a partnership with Kenya Open Golf Limited as the official airline partner during this year’s edition of the Magical Kenya Open Championship. The partnership will see the carrier fly in all the Professional Golfers Association (PGA) officials who will be supervising and managing the tournament. The airline […]
Tag: XUGA
Uganda Securities Exchange (XUGA)
Zimbabwe: Datvest To List Modified Consumer Staples ETF
The ZSE has already granted approval for the listing of the Datvest Modified Consumer Staples ETF on the ZSE by way of Introduction. ETFs are baskets of different types of investments such as stocks, commodities and bonds that are pooled into a single entity which then offers shares to investors that are subsequently traded on […]
Kenya Power adds 317,296 customers in six months to Dec
Kenya Power staff at work along Nyerere Avenue in Mombasa. FILE PHOTO | KEVIN ODIT | NMG Kenya Power added 317,296 customers in the six months to December when the economy continued to recover from the Covid-19 pandemic disruptions. The latest data from the Energy and Petroleum Regulatory Authority (Epra) shows that the utility had […]
Strong rebound for Uganda’s economy
BoU says 2022 economic outlook is more positive than earlier projected Kampala, Uganda | JULIUS BUSINGE | There is good news from Bank of Uganda indicating a big rebound in economic growth in 2021, meaning Ugandans got more money in their pockets to buy goods and services. In its monetary policy statement for February 2022, […]
Verve Cards Now Accepted on Uganda’s KCB Bank Network
(L-R) Patricia Taremwa, Marketing and Communications Lead, Interswitch East Africa Uganda; Damalie Elizabeth Sajjabi, Head of Products and Operations, Interswitch East Africa Uganda Limited and Michael Ssekyondwa, Head of Retail Banking, KCB Bank Uganda at the press conference to announce the Verve Card acceptance on the KCB Bank Network. Verve and KCB Bank Uganda Limited […]
Kenya Airways and Boeing sign MoU for landing gear exchange services
CAPA News Briefs CAPA publishes more than 1,000 global News Briefs every week, covering all aspects of the aviation and travel industry. It’s the most comprehensive source of market intelligence in the world, with around 50 per cent of content translated from non-English sources. The breadth of our coverage means you won’t need any other […]
NSE faces uphill task wooing back and retaining investors
Whenever government-issued infrastructure bonds come up for auction, they spur investor participation owing to their good returns and tax-free nature. Investors at the NSE, however are less active until the Kenya general election takes place in August. PHOTO | FILE The EastAfrican has learnt that NSE’s desertion has also been compounded by shrinking household incomes […]
Egypt vows to look after stranded Russians, Ukrainians
Lufthansa airplanes in Hamburg, Germany. The airline has suspended flights to Ukraine. PHOTO | FILE | NATION MEDIA GROUP Tourists from countries where air travel has been disrupted would be able to "stay in the hotels where they are in Egypt until their safe return home," the tourism ministry said. The sector has been battered […]
Kenya Airways Announces Plans to Launch Direct Flights from Nairobi to Milan
Kenya Airways has announced that it will begin to offer direct flights from Nairobi to Milan. A statement by KQ confirmed that the flights will start from June 8. It is not clear yet how many flights the national carrier intends to fly to Milan. This will largely depend on the demand on the route. […]
Delta Air Lines Suspends Its Aeroflot Codeshare Over Ukraine Invasion
Delta Air Lines has withdrawn its codeshare service operated in conjunction with the Russian national carrier, Aeroflot, effective immediately. The US carrier is the first airline to end its partnership with Russia’s state carrier following the Russian invasion in Ukraine. Could more follow? Delta ends Aeroflot’s codeshare agreement Effective immediately, Delta Air Lines has finished […]