Tuesday, October 17, 2017
Shareholders

KQ restructuring plan approved- shareholders

Shareholders of the national carrier- Kenya Airways (KQ) have approved a balance sheet restructuring plan that creates new shares and converts debt into equity. According to the airline chairman Michael Joseph during shareholders extra-ordinary general...
transport

KeNHA and Bechtel International Inc. to construct 473 KM road

According to the Kenya National Highways Authority (KeNHA), the country's first high-speed expressway connecting two country's largest cities will take six years to be complete. KeNHA says, design and construction of the 473-kilometre Mombasa-Nairobi road...
motorists

Motorists at the Kenya’s capital city to pay less for Super Petrol -ERC

Starting midnight Aug 14, motorists in Nairobi will buy super Petrol at Sh96.08 per litre, while diesel and Kerosene has gone up. According to the latest price review by Energy Regulatory Commission (ERC), Super Petrol...
LOST

Matatu owners in Nairobi lost over Sh100 million due to poll jitters – MOA

“Given that each Matatu makes about Sh8,000 in gross income per day, the amount of money that operators have lost due to poll jitters could be well over Sh100 million,” says Simon Kimutai the...
TRANSPORTERS

Food prices to go higher as transporters keep off to see how election will...

Vendors are projecting a further rise in food prices as transporters (KTA) keep of the roads to observe election outcome. Already Fresh food prices in Nairobi have shot up amid low stocks. A spot check...
TESTING

Govt. to test drivers before licencesing

The new curriculum developed by the National Transport and Safety Authority (NTSA) will now require drivers to undergo 24 to 160 hours of training before being issued with a driving license. According to NTSA Director-General...
procurement

Government overturns Sh6bn Nyeri, Murang’a road contract

The High Court has revoked the 98 kilometres Nyeri, Murang’a’ road construction tender that was earlier on awarded to local firm. The public procurement appeals body had awarded Sh6 billion road construction tender to Roben...
Airbus

Kenyan and Nigerian students to benefit from Airbus engineering training

Airbus Foundation has picked the two East and West African nations as the next beneficiaries of a global training programme for school-children looking to pursue a career in engineering. Andrea Debbane, the executive director of...
fERRY

Kenya adds another ferry at the coastal- island city

The government on Thursday launched the new ferry called MV Jambo in Mombasa. The development comes after the High Court barred Kenya Ferry Service (KFS) from proceeding with the launch. Instead of the scheduled launch,...
construction

Govt. to start constructing new Nairobi-Mombasa high-way in 2018

Kenya National Highways Authority(KENHA) signed an agreement with US-Based construction firm, Bechtel International to kick of construction of a new high-speed express highway from country’s capital (Nairobi) to the coastal city in 2018.  The 473...
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