Tourism players are banking on the introduction of direct flights from Nairobi’s Wilson Airport to Nyeri’s Nyaribo Airstrip to boost the sector’s dwindling fortunes.
At 3.45pm last Saturday, a Cessna Caravan landed at the airstrip in the outskirts of Nyeri town and onboard were 12 passenge…
KRA to appeal minimum tax ban order
The Kenya Revenue Authority (KRA) will appeal a court ruling that has barred it from collecting minimum tax from businesses.
Mr Paul Matuku, the Commissioner for Legal Services at KRA said Monday that the taxman disagrees with the findings of the High Court and will prefer an…
Wealthy Kenyans now sell planes to survive Covid-19
Wealthy Kenyans and private aviation firms last year sold 72 planes in the wake of the Covid-19 pandemic that reduced the millionaires’ net worth and hit demand for travel.
The Kenya Civil Aviation Authority (KCAA) data show the number of registered planes dropped to 735 from 807 in 2019, …
Ex-Sports CS escapes jail after paying Sh3.6m fine
Former Sports Cabinet Secretary Hassan Wario, convicted for loss of public funds in the 2016 Rio Olympic Games, avoided jail yesterday after paying a Sh3.6 million fine imposed by the anti-corruption court before banks closed.
Wario would have been locked up in prison for six years.
Outs…
80pc of Kenya’s crude oil cannot be tapped
More than 80 percent of Kenya’s estimated 2.85 billion barrels oil reservoir remains inaccessible for commercial exploitation due to limitations in extraction technology, British oil firm Tullow said in an update on its exploration programme in Turkana County.
The company said a new audit …
Crisis looms in city health centres on drugs shortage
A health crisis is looming in Nairobi with several health centres running out of essential drugs since last week Friday.
This as the Nairobi Metropolitan Services (NMS) and the Kenya Medical Supply Authority (Kemsa) are at loggerheads over supplies pending bills inherited from Na…
KMC says sales at cashless meat outlet rise to Sh1m daily
The military-run Kenya Meat Commission (KMC) has launched a cashless outlet that it says is currently fetching Sh1 million daily.
KMC Managing Director Brigadier James Gathaga said that the outlet, dubbed Meat Haven, used to operate as a mini shop in the factory.
“Our new concept is to t…
Kenya Power workers seek board ouster on tenders investigation
Kenya Power workers have threatened to go on strike if four directors don’t resign amid an investigation over tendering at the electricity utility.
The Kenya Electrical Trades and Allied Workers Union (Ketawu) has warned of the strike in the push for the resignation of board …
US firm rejects toll fees for Coast-Nairobi road
The US firm contracted to build the Sh300 billion Nairobi-Mombasa Expressway has rejected Kenya’s offer to have it construct the road and recover its costs from charging motorists toll fees.
The Parliamentary Budget Office (PBO) on Tuesday said American contractor Bechtel has settled on a …
State to freeze suspect deals without court nod
The State will have powers to seize property and freeze transactions deemed suspicious if Parliament adopts proposed changes to the law aimed at stepping up the war on money laundering.
Amendments to the Proceeds of Crime and Anti-Money Laundering Act will give the Financial Reporting Cent…