Author: Muindi

Fly540, East Africa’s low-cost airline says it is pushing back the resumption of direct flights to Kisumu City amid growing concerns over the Omicron variant of the coronavirus. In October 2021, the airline had said it would restart Nairobi-Kisumu flights on December 1, 2021. However, it did not happen. “We have pushed forward plans to restart Nairobi- Kisumu flights due to Covid situation in the country,” Fly540 chief executive Don Smith said as reported by The Business Daily. Fly540 halted passenger operations on the Kisumu route in March due to Covid-19 travel restrictions imposed by the government. Other airlines that…

Kenyan e-commerce platform Copia has now set its sight on the Tanzania and Rwanda markets. It expanded in Uganda in May 2021. Tim Steel, Copia Global Chief Executive Officer disclosed the firm’s imminent foray also into West African markets and southern Africa. It’s “very possible” that entry into Rwanda and Tanzania will occur in 2022, subject to the progress of Covid-19,” Steele told The Africa Report. Copia is the only e-commerce company in Kenya delivering goods beyond rural towns to interior areas. It serves middle to low-income consumers, regardless of their income level, access to technology, or location. Its state…

A Kenyan High Court and the Public Procurement Administrative Review Board (PPARB) have suspended the leasing of Mumias Sugar to Ugandan Company, Sarrai Group until all petitions filed are heard and determined. This is after Tumaz and Tumaz Enterprises Ltd sued the miller’s receiver-manager Ponangipalli Venkata Ramana Rao claiming irregularities in the bidding process that saw Sarai Group winner of the 20-year lease. However, the lease excludes assets in the Mumias’ ethanol and cogen plants. The assets were seized by Pan-African lender Ecobank and French development financier Proparco from KCB Group. “Under Section 168 of the Public Procurement and Asset…

Kenya Railways Corporation (KRC) has scaled down the Nairobi Commuter Rail services operations to Ruiru, Embakasi, Kikuyu and Syokimau, and Lukenya in Kitengela. According to public notice, operations to affected areas have been temporarily stopped until January 2, 2022. “The Nairobi Commutter rail service to Ruiru, Embakasi village, Limuru, Syokimau and Lukenya in Kitengelea are halted from Deceber 28 2021 to January 2nd 2022. Normal commuter operations will resume on January 3rd 2022.” Kenya Railways said. However, the daily Madaraka Express passengers Service to and from Mombasa /Nairobi have not been affected. This is alongside the Madaraka Express passengers Service between Nairobi…

The Mombasa High Court has restrained the Kenya Deposit Insurance Corporation (KDIC) from winding up Imperial Bank. Justice John Onyiengo temporarily stopped the liquidation of the bank after businessman Ashok Doshi and his wife Amit sued over their KSh1 billion deposit. The court further barred any payments to depositors in the execution of the Central Bank of Kenya’s directive. Business Daily reported that through their lawyer Willis Oluga, they argued that on July 15, 2016, three months after the bank was placed under receivership, the lender consented to pay them their dues after they sued it. “The consent is still…

Coca-Cola Beverages Africa – Kenya has announced a partnership with Nature Kenya to grow 90 000 tree seedlings in Mt Kenya’s Hombe Forest in a three-year reforestation program. The Hombe restoration site includes a swamp on the verge of drying up. It is hoped that the newly planted trees will resuscitate this wetland as they mature. Currently, 1,900 people have benefited from the project through the sale of 15,000 seedlings that have been planted in Phase 1, with the next phase set to begin in December. Earlier in the year, Nature Kenya and CCBA-Kenya signed a three-year memorandum of understanding…