Uganda Securities Exchange (XUGA)
Kenya Airways Dreamliner at Kenya Airways Headquarters, Nairobi on November 25, 2021 Kenya Airways has appointed Global GSA as its passenger general sales agent for the Italian market. Pursuant to the agreement, from February 1, 2022, Global GSA will manage all the commercial activities in Italy on behalf of Kenya Airways. This includes the support […]
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 […]
Kenya Airways (KQ) has cut the number of direct flights linking Nairobi to the US city of New York. The national carrier told Business Daily that it has reduced the frequency of trips on the route from five to three per week due to low passenger demand. The demand for direct flights to John F. […]
WICHITA, Kan., Jan. 26, 2022 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported net income of $10.5 million and $0.61 earnings per diluted share for the quarter ended December 31, 2021. Equity’s results include a full quarter contribution from American State […]
Dar es Salaam. The year 2021 was generally good to a number of mid-sized lenders as available data show that some of them exhibited resilience and steady growths across a number of performance parameters in 2021 as the sector partially recovers from the Covid-19 pandemic. This group includes lenders with asset levels ranging from slightly […]
As a way of increasing access to financial services through Banks, Equity Bank Uganda has launched a self-service innovation platform that would see potential clients open up accounts by using their mobile phones. The potential customers will be able to open up accounts by dialing *247# and begin transacting without first visiting the bank or […]
A customer is served at the Kenya Commercial Bank (KCB) in Nairobi on January 24, 2018. PHOTO | SIMON MAINA | AFP Banks earned a cumulative Sh178.8 billion in the 11 months to November, setting them up for record profits for the year as they cut provisioning for bad loans as the economy continues to […]
Kenya Airways plans to restructure its debts as nationalisation bid falters In view of the current reality, the heavily-indebted airline is in the process of restructuring its loans. Business Insider Africa understands that the company has already commenced consultations with the likes of Seabury Consulting (a subsidiary of Accenture) and others to this effect. Kenya’s […]
© Maarten Van Den Driessche Kenya Airways has announced the resumption of daily flights to Dubai effective Monday, 31 January 2022. This follows the ease of travel restrictions that had been issued by the Dubai Civil Aviation Authority on flights from Kenya and other African nations. Travellers will be free to re-book their flights with […]
Troubled Kenya Airways #ticker:KQ says it is fast-tracking negotiations to launch common initiatives with South African Airways (SAA) with which it signed a pact last year to establish an African airline by 2023. Kenya Airways chairman Michael Joseph told the Business Daily while the pact is a long-term agreement, both airlines are in talks to […]
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