Author: Khusoko

Uganda Airlines took off to the skies after 18 years with its inaugural Flight UR206 from Entebbe to Nairobi on Tuesday. The flight ushers in a new era for the Uganda national carrier that aims to connect Dar-es-Salaam in Tanzania, Mogadishu in Somalia and Juba in South Sudan. President Yoweri Museveni in a Tweet said that “We have been spending over $450 million annually in foreign exchange, on travel by air. This Airline will change this and facilitate tourism as well.” Similarly, President Museveni who was represented at the official launch of the Uganda Airlines by Prime Minister Dr. Ruhakana Rugunda…

Pension scheme, Octagon Pension Services Limited has launched a Ksh10 million digital pension solution for workers in the informal sector dubbed Mobikeza. “To boost this coverage, there is a need to focus on the informal sector. We believe that Mobikeza will address the need for a flexible and affordable product and guarantee a comfortable life after retirement,” Octagon Pension chief executive Godwin Simba said. Mobikeza is anchored under the Octagon Personal Pension Scheme which is regulated by the Retirement Benefits Authority. It is powered by Octagon and is anchored under the Octagon Personal Pension Scheme, registered and regulated by the…

Air Tanzania on Saturday announced it is adjusting its flight schedule citing unforeseeable circumstances. “Dear Customers, due to unforeseeable circumstance, Air Tanzania profoundly regrets to inform that we expect flight schedule adjustments,” the airline announced through its Tweeter feed. https://twitter.com/AirTanzania/status/1165101305435742208 On Friday, it was forced to cancel its flight from Johannesburg to Dar es Sallam after its aircraft was seized following a court order by the Gauteng High Court of South Africa. READ: Competition Intensifies with Air Tanzania Jostling for South African Route Mr. Leonard Chamuriho, permanent secretary in the Ministry of Works, Transport and Communications said the Tanzania Government…

Kenolkobil has been delisted from the Nairobi Securities Exchange following the acquisition of 100 percent of issued shares of the oil marketer by French energy firm Rubis Energie. The NSE in a notice Friday said the firm will revert to a fully privately-owned status under the regulations of the Capital Markets Authority. “Notice is hereby given on the delisting of Kenolkobil from the NSE effective 23, August 2019,” said the NSE in part. Tax waiver given to Commercial Bank of Africa and NIC bank in their proposed mergers has been challenged in court with allegations that the law was violated.…

The Communications Authority (CA)  has appointed its legal services director,  Mercy Wanjau as its new Acting Director-General replacing Francis Wangusi who has been at the helm of the authority since August 2012. “Ms Mercy Wanjau is a commercial lawyer, a regulatory and governance professional currently working with the Communications Authority of Kenya as the Director Legal Services and Board Secretary. She has been involved in designing and harmonising policy and regulation in the ICT sector at the local, regional and international level over 15 years,” CA Board Chairman Ngene Gituku said in a statement on Thursday. Wanjau will be responsible…

Kenya has paid a heavy price in lives lost for its slow uptake of LPG as cooking fuel. As recently as 2018, data from the Kenya National Bureau of Statistics on  Integrated Household Budget Survey indicated that 84% of households use firewood as their primary fuel in the home, creating a deadly cocktail of smokes that still kills approximately 21500 Kenyans a year.  In children, the smoke-filled air is the equivalent of smoking 400 cigarettes in an hour, researchers report and sets up a vulnerability to pneumonia and other respiratory diseases that are now the country’s top five killers: with…