Published by Daily Monitor There is a radical increase in rental rates fees for residential houses in Kampala and cases of tenants failing to pay are increasing. That is not withstanding the ramifications of the Covid-19 pandemic. Uganda’s rental sector is growing rapidly but the East African nation is still far from addressing its housing […]
Day: November 23, 2021
Hope for airlines as global travel shows signs of revival
Published by Business Daily The global aviation industry is showing signs of recovery as more countries open their borders with an increase in the rate of vaccinations, giving hope to the sector that was hit hard by the Covid-19 pandemic. International Air Travel Association (IATA) says the sector recorded an 18 percent growth in September […]
Flowers rot in farms amid KQ, Ethiopia freight wars
Published by Business Daily Flower farmers are being forced to throw away a quarter of their produce due to a drop in airline traffic in the wake of restrictions imposed on rival carriers to protect Kenya Airways. Kenya Flower Council (KFC), the lobby for large-scale flower farms, says they need freight capacity of at least […]
Sky wars: Uganda, Tanzania, Rwanda carriers expand as Ethiopian, KQ falter
Published by The Citizen As East Africa’s leading carriers Ethiopian Airlines and Kenya Airways grapple with financial and politically instigated crises, regional carriers Air Tanzania, Uganda Airlines and RwandAir have laid out plans to eat the big boys’ lunch. This came to light at the just-concluded 2021 Dubai Air Show, where Uganda Airlines and Air […]
Mwangi to retire from Equity Bank after 2032
Published by Business Daily Equity Group chief executive James Mwangi has disclosed he will retire at the earliest in 2032 in what will make him one of the longest-serving CEOs of firms listed on the Nairobi Securities Exchange. Mr Mwangi, 59, says he expects to commit his future to the bank beyond the 70-year age […]
UN confirms many drivers’ detention in Ethiopia
Published by PM News No fewer than 70 drivers working for the United Nations and international aid organisations were detained in northern Ethiopia, a UN spokesperson confirmed to dpa on Wednesday. The drivers were apprehended on Nov. 3, in the city of Semera in the Afar Region, the official said, adding that the UN was […]