Uganda Securities Exchange (XUGA)
Nicolas Economou/ NurPhoto via Getty Images Dawna L. Rhoades, does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Jomo Kenyatta International Airport in Nairobi, Kenya, offers flights to over 56 destinations in […]
Airways has agreed a codeshare partnership with Latvian carrier airBaltic, becoming the Alitalia successor’s 19th since starting commercial operations last October. Under the terms of the agreement, Riga-based airBaltic will expand its network by putting its BT designator code on selected ITA Airways-operated flights covering 10 Italian cities in the current winter season. They are […]
Qatar and Ethiopian airlines are seeking approval from the aviation regulator to operate direct cargo flights from Nairobi ahead of this year’s Valentine Day, stepping up competition with Kenya Airways which has previously opposed the move. The airlines have applied for ad-hoc flights from Kenya Civil Aviation Authority (KCAA) to boost the limited capacity at […]
Tourism CAS Joseph Boinett, Kenya Tourism Board CEO Betty Radier and Kenya Airways CEO Allan Kilavuka during unveiling of Magical Kenya branded aircrafts at Kenya Airways Headquarters, Nairobi on November 25, 2021. The government has dropped plans to nationalise Kenya Airways leaving the airline with no option but to restrategise how to return to profitability. […]
Summary BBAR is an established Argentinian bank with the third largest deposit base. Because the country is in a deep crisis and financially isolated from the world, the financial system is not under heavy macro risk. Because Argentina is an inflationary country, lender risk is also reduced. However, BBAR trades at a small discount from […]
East African Breweries Limited (EABL) #ticker:EABL net profit has more than doubled in the six months to December on the back of higher alcohol sales as Covid-19 restrictions eased, and bars re-opened. The brewer’s net earnings jumped 130 percent to Sh8.7 billion from Sh3.79 billion booked in a similar period in 2020. EABL Group chief […]
Kenya’s mobile money giant, M-PESA, is the most preferred channel for remittances, as 20% of remitters used it to send money back home in 2021. Other than MPESA, popular payment channels include banks, WorldRemit, Wave, Send Wave, and Western Union. In a survey of remitters, the respondents cited: Convenience Promptness Efficiency Speedy service Ease of […]
In an airline industry subject to a patchwork of ownership, control and flying-rights restrictions, it has long been the case that partnerships are a critical strategic pillar for some carriers. But as the sector emerges from the pandemic, many airline chief executives are talking up the value of such relationships with renewed enthusiasm. The sense […]
Aviation Industry In this edition some of the topical aviation industry stories between 17 th and 22 nd January 2022 which are of relevance to Ghana’s aviation space are summarized as follows: Ghana Relaxes Mandatory Vaccination Requirement for Arriving Ghanaians and Resident Foreigners An updated COVID-19 protocol for arriving Ghanaians and other foreigners resident in […]
Police in the Dutch city of Amsterdam discovered a stowaway hidden in the nose wheel of a cargo plane arriving from Africa, a spokeswoman said. In a Twitter post Monday, the military police, or Marechaussee, identified the man as a 22-year-old from Nairobi, Kenya. "He has applied for asylum in the Netherlands," the police said, […]
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