KQ to face stiffer competition with planned open skies policy

The national carrier Kenya Airways and its budget subsidiary Jambojet could see their dominance on domestic routes challenged following the government’s announcement that it is working toward implementing the open skies policy to allow more airlines on the Coastal route. Tourism Secretary Phyllis Kandie says the government is holding high-level talks over the need to allow more airlines to fly to the Moi International Airport to boost tourist numbers to the Coast [...]

Kenya in talks with neighbours to reduce travel costs

This follows a directive issued jointly by presidents Uhuru Kenyatta, Paul Kagame of Rwanda, Yoweri Museveni of Uganda and Salva Kiir of South Sudan at the 11th Northern Corridor Integration Summit in Nairobi last weekend. The arrangements come at a time when Kenya is hit by low international arrivals due to fewer charter flights from Europe [...]

Boeing boss in Kenya to scout business deals

A top executive of American aircraft manufacturer Boeing is set to meet top Kenyan company executives and government officials tomorrow on his visit to Nairobi that aims to explore investment opportunities in the region.Boeing was last month reported to have flown two Dreamliner aircraft ordered by KQ to its Everett factory for “short-term storage” to give the struggling national carrier more time to arrange financing for the planes [...]

Construction body cracks whip over unsafe buildings

The National Construction Authority has stopped execution of a number of public and private multi-million shilling projects that failed to comply with safety and quality work regulations. The national government, universities and county governments could be the biggest losers if the NCA cracks the whip to have contractors behind the project struck off the list of licensed firms for defiance of the law [...]

S. Africa’s GroFin raises Sh10bn to fund small firms

GroFin, a South African-based company that invests in small and mid-sized enterprises (SMEs), has raised $100 million (Sh10.3 billion) for its latest fund. GroFin’s Small and Growing Businesses (SGB) fund will invest in SMEs in Kenya and eight other countries on the continent. Locally it has previously invested in the Café Deli chain of restaurants where it has put Sh100 million and at Spur Restaurant located at the Eka Hotel on Mombasa Road [...]