Published by Business Daily Ethiopian Airlines is establishing its presence in more than six African countries through a management role or strategic partnership with the local carriers, making it a dominant player in the continent. The move is set to give East African carriers such as Kenya Airways a run for their money. Kenya Airways […]
Day: November 23, 2021
Kenya to gain as US restricts Ethiopia goods on Tigray war
Published by Business Daily Kenya looks set to benefit after the US suspended duty-free access to Ethiopian exports following ongoing unrest in the country’s Tigray region. The US move to ban Ethiopia opens a window for Kenyan textile and apparel firms to increase their exports to the US market of more than 6,000 product lines […]
Safaricom evacuates staff from Ethiopia amid war
Published by Business Daily Safaricom, whose consortium aims to start operations in Ethiopia next year, got the employees out of the country on Wednesday and Friday. The telco has seconded its staff to run Ethiopia operations for products and network development that will help it gain market share that is in the hands of State-owned […]
Blockchain Promises To Battle The Menace Of Fake Documents In The Digital Age
Published by ValueWalk In July, the Spanish police and Europol seized thousands of counterfeit passports and ID cards in Barcelona. They carried out multiple raids to dismantle an organized crime group involved in document fraud, illegal immigration, and property crime among other things. Q3 2021 hedge fund letters, conferences and more Police forces also seized […]
Safaricom positive about Ethiopia operations despite war
Published by Business Daily Kenyan telecommunication giant Safaricom said on Wednesday the Ethiopia crisis might have a long-term impact on its operations but maintained it was positive about its long-term outlook. Safaricom expected to break even in the fourth year of its Ethiopia operations, said Safaricom chief executive Peter Ndegwa on Wednesday at a virtual […]
Uganda, UK coffee pact brews rivalry with Kenya
Published by Business Daily Uganda has signed a deal with the UK for the supply of coffee, stepping up rivalry with Kenya for Britain’s Sh111 billion market. UK is among Kenya’s top 10 markets for the beverage with the country last year exporting coffee close to Sh1 billion. Quite notable, the exports to the UK […]