Fly540, East Africa’s low-cost airline seeks permission to expand its domestic routes in Kenya from the Kenya Civil Aviation Authority. KCAA has therefore asked the public in a Gazette notice for views. “Any representation in favour of or against any application should be made in writing to the Director-General, Kenya Civil Aviation Authority, so as to reach the Authority within twenty-one (21) days from the date of publication of this notice. Such representation should also be sent by the person making it to the applicant by registered mail at the same time it is sent to the Authority,” said KCAA.…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Five Kenyan startup businesses have been chosen to participate in Mettā’s third fashion product lab cohort powered by HIVOS East Africa. The five fashion startup companies in the Fashion Product Lab 3.0. selected from 300 applications all over the country include: Urban Gents Ltd TUG is a fashion brand started by Collins Karanja in 2019 with the aim of bringing inclusivity, diversity, and creativity in the local fashion scene. TUG pride themselves on the wide array of products and services which include Ready-To-Wear, Accessories and Made to Measure service. Their comprehensive product range continues to grow through research & development…
Kenya’s National Treasury has re-opened the sale of Ksh 500 million mobile-based infrastructure bond M-Akiba for infrastructure development. The sale began on Monday, August 19 and runs up to September 6. The reopening will see investors once again offered 10 percent in tax exempt-fixed-rate payable semi-annually with a tenor of 3 years. The bond will start trading at the Nairobi Securities Exchange on September 10, 2019. The minimum investment is Ksh 3,000 being paid using mobile money and Pesalink. (On MNO, a maximum initial amount of Ksh 140,000 per investor per day shall apply and Ksh 999,999 per transaction with…
Nairobi will host an international boot camp dubbed Coding School (CS), a programme aiming to equip future programmers with critical 21st-century coding skills. The Coding School, is supported by Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners, defence, space and security systems, and service provider of aftermarket support and run by ThinkYoung, a Brussels-based think tank that focuses on empowering the youth, has selected Nairobi as the first African country to host the coding boot camp following successful editions in Belgium and the Netherlands. This year’s edition will take place between 10th and 14th October in…
Kiswahili originated on East Africa’s coast. It came about as a result of intermarriage between Bantu-speaking communities along the East African coast and Arabs. The Southern African Development Community (SADC) has agreed to adopt Kiswahili as a formal language in the region. SADC is comprised of 16 southern African countries – Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa United Republic Of Tanzania, Zambia, and Zimbabwe. This was approved at the SADC 39th heads of summit held in Tanzania at Julius Nyerere International Center the 17th and 18th August 2019. “Summit…
South African fashion retailer The Foschini Group (TFG), will decide next year whether to continue trading in Kenya where it has four stores. The JSE-listed retailer has 22 different retail brands under its label. In Kenya, it operates Sterns, a contemporary and classic Jewellery shop at the Junction Mall. It also operates Foschini women’s wear shop, Markham targeting men and a second Sterns store at the Village Market. However, according to Reuters Africa, Chief Executive Officer Anthony Thunstrom says their brands have been performing poorly in the rest of Africa. “Closer to home has been better for us. Much less…