Uganda Securities Exchange (XUGA)
A container of live fish before being loaded in Kenya Airways plane at Moi International Airport. The government has dropped plans to nationalise Kenya Airways (KQ). The National Treasury will instead roll out a $1.3 billion (Sh147 billion) multi-year restructuring programme that includes taking over debts. The change of plan is contained in the latest […]
A total of 282 Small and Medium-Sized Enterprises (SMEs) in Laikipia County have so far benefited from Ksh 129 million from a subsidized Economic Stimulus Fund. The county Stimulus Fund Manager Jesse Muriithi spoke during the Laikipia Economic Stimulus Stakeholders Engagement webinar meeting Thursday, however, decried the prevailing low loan uptake, citing lack of trading […]
Power distributor Umeme has given educational institutions a one-year grace period to pay outstanding arrears. With only about three weeks to resume business, Umeme says many educational institutions are still unable to meet their bills because of the lockdown hence the decision to revise the repayment plan. ADVERTISEMENT Speaking to journalists, Umeme’s managing director Selestino […]
Kampala, Monday, December 20th, 2021: Power distributor Umeme connected 125,000 new customers to the grid in the 11 months to November 2021. This represents a 54% growth in new connections from 57,000 recorded in the same period in 2020. “Of the 125,000 connected customers, 53,000 were self-funded and the remaining 72,000 through the Government-subsidised programme […]
Widerøe Eve Urban Air Mobility Solutions SkyWest and Republic Airways Holdings , the parent companies of US regional capacity providers SkyWest Airlines and Republic Airways , have signed tentative orders for 100 and 200 electric vertical take-off-and-landing (eVTOL) aircraft manufactured by Eve Air Mobility, a subsidiary of Embraer . Both Memoranda of Understanding are non-binding […]
Elephants walk in front of a tour van at the Masai Mara National Reserve on August 14, 2018. PHOTO | FILE This marks the seventh time in a row that the country has been recognised as the premier wildlife tourism stop at the prestigious annual global awards. National carrier Kenya Airways was recognised as Africa’s […]
Tourists get a medical screening upon arrival at Teminal 3 at Dubai airport, in the United Arab Emirates, on July 8, 2020, as the Gulf emirate reopens to tourists after a long shutdown due to the Covid-19 pandemic. PHOTO | AFP Under the new measures by Dubai, travellers from Africa will now be required to […]
Oman Air, the national airline of the Sultanate of Oman, has said it will continue to strengthen codeshare agreements to maximise its post-pandemic growth trajectory. The airline’s ongoing recovery calls for greater codeshare connectivity to offers passengers better connections and a wider choice of destinations from its hub in Muscat, a statement from the carrier […]
Kenya Airways #ticker:KQ has increased frequencies to the US to four a week as demand for bookings picks up this festive season, coming as a relief to the carrier that is struggling with low numbers in the wake of a new variant of Covid-19 that has hit the airlines. KQ said it has seen an […]
The price of air tickets to Nairobi from Mombasa, Kisumu and Eldoret after Christmas has more than doubled on the back of high demand from passengers travelling back to the city after the festive season. The cost of tickets from Mombasa to Nairobi on the budget carrier Jambojet has increased from a low of Sh6,400 […]
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