Kenya Airways narrowed its net losses by 28.8 per cent to Sh4 billion in the half year ended June on the back of cost-cutting measures and revenue growth. KQ, as the airline is known by its international code, made a net loss of Sh5.6 billion the year before. The company's revenue rose
Month: August 2018
Reprieve as Kenyan Parliament Suspends 16% VAT on Fuel
Nairobi - Parliament on Wednesday afternoon voted to suspend by two more years the introduction of 16% tax on petroleum products that was to come into effect on Saturday September 1, 2018. The move effectively shielded poor household from a spike in the cost of living. The mover of the motion Minority
Delta Cargo launches self-service e-AWB kiosks
Today Delta Cargo debuted its new self-service kiosks, operational in Atlanta and Boston, for use of electronic air waybills (e-AWBs) for its domestic network. This marks another step in the carrier’s path toward digitalization, following the company’s launch earlier this month to allow access to its full suite of services online, which include
Nigeria Now Offers Air Accident Investigation Services to African Countries – Minister
SAA taxiway accident The Accident Investigations Bureau (AIB) is now offering air accident services to some African countries, the Minister of State, Aviation, Sen. Hadi Sirika, has said. Sen. Sirika disclosed this yesterday in Abuja at the opening of the Four-Day Workshop organized by the International Civil Aviation Organisation (ICAO), African and
Road Crashes Killed 12,797 Nigerians in 30 Months
An average of 427 Nigerians die monthly in road traffic accidents. This brings to a total of 12,797 Nigerians killed in road traffic crashes in 30 months. According to the latest report released by the National Bureau of Statistics (NBS) in 2016, a total of 5,053 Nigerians died in road accidents while
Toyota will invest $500 million in Uber
Their combined self-driving effort will debut in 2021. Toyota plans to invest around $500 million in Uber, the Wall Street Journal reports, as the two enter an agreement to work together on driverless technologies. The publication cites sources familiar with the matter and the investment would value Uber at $72 billion. Reports surfaced
Vespa’s first electric scooter goes on sale in Europe this October
A Vespa Elettrica The Vespa Elettrica will hit the US and Asia in early 2019. Vespa's electric scooter has long been slated to start shipping this year, and now the timeline is a little clearer on when you might be able to get your hands on a Vespa Elettrica. Production will start next month, and Vespa
Didi suspends carpool service in China after rape and killing of passenger
China's biggest ride-hailing company, Didi Chuxing, is suspending one of its services for the second time this year after a driver was accused of raping and killing a female passenger. The company apologized for "disappointing mistakes" and said that two senior managers have been removed from their jobs following the death
Uber ‘to focus on bikes over cars’
Uber has partnered with Lime, whose scooters are available in a number of cities including Paris Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits. Boss Dara Khosrowshahi said that individual modes of transport were better
How Ethiopian Airlines Rose to the Top in Africa
The airline is fully owned by the government of Ethiopia. State backing is a prerequisite for a major national enterprise with long-term goals, such as an airline. Note, however, that we do not get any funding or subsidies from the government. Ethiopian is managed with its own corporate finance. The government,