Kenya Airways not to resume flights to West Africa
Kenya Airways CEO designate Mbuvi Ngunze also denied reports carried in a section of the Liberian media, alluding to the resumption of suspended flights to Monrovia on Oct. 24. “We wish to clarify that the status quo remains until the government of Kenya lifts the suspension put in place in August.” He said. […]
more on Kenya Airways:
Jambojet, to replace B737-300s with -700s
Kenya Airway’s subsidiary Jambojet is looking to replace its fleet of three B737-300 s with newer B737-700 s the carrier’s Chief Executive Officer, Willem Hondius, has disclosed. […]
Marshalls fears closure in bank account freeze row with KRA
The High Court has extended an order un-freezing the bank accounts of Marshalls East Africa , offering temporary reprieve for the car dealer in an ongoing row with the taxman. Justice Eric Ogola yasterday extended orders barring Kenya Revenue Authority (KRA) from freezing bank accounts of the NSE-listed company until October 30 when he will give further directions on the matter. […]
Electricity tariffs to drop by 40% as State commissions new plants
Electricity bills for households and factories could fall down by as much as 40 per cent over the next three months. This is as the Government switches off the more expensive thermal generators in favour of cheaper renewable sources. […]
Real buyout helps Britam to leapfrog ICEA market stake
The merged entities Britam and Real controlled a market share of 11.2 per cent as at June, behind Jubilee’s 12.6 per cent, while ICEA Lion came third controlling eight per cent, according to latest data from the Insurance Regulatory Authority (IRA). […]
East Africa States close to picking consultant for oil export pipeline
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump the region’s oil to the coast for export, a senior Kenyan Energy Ministry official said yesterday. In June, the three countries invited bids for a consultant to oversee a feasibility study and initial design for the construction of a 1,300km oil pipeline to transport crude to the Kenyan coast. […]
Treasury offers half of Ebola emergency budget
The Treasury has only provided half of the Sh680 million the Health ministry needs to keep Ebola out of Kenya’s borders as the virus spreads to Western capitals. The Health ministry says it received Sh350 million from the Treasury, forcing it to scale back on some emergency measures for a disease that has killed about 4,500 people so far, mostly in Liberia, Guinea and Sierra Leone. […]