Low-cost carrier Jambojet has entered into a partnership with Safaricom backed Cab hailing company, Little Cab, to offer Ksh150 discounted rides. The three months initiative will see Jambojet customers being affordable and convenient travel to and from airports in Nairobi, Mombasa, and Kisumu. Jambojet Chief Executive officer Mr. Allan Kilavuka said, “We are continuously looking for ways of enriching our customers travel experience and our partnership with Little offers us an opportunity to do that.” https://twitter.com/FlyJambojet/status/1161989165027856385 Little is also running the campaign on the foldable tray tables on the airline’s De Havilland Dash 8 Q400 aircraft. “Jambojet is the first…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Commercial banks in Kenya spent Ksh2.1 billion in 2018 towards corporate social investment, according to The Banking Industry Shared Value Report, 2019. The report published by Kenya Bankers Association (KBA) said a cumulative Ksh6.7 billion has been spent over the past three years. In addition, direct support by the industry of various initiatives was realized through marketing and sponsorships tied to social causes amounting to KSh1.7 billion. The report further indicated that tax revenue paid to the Government has increased exponentially. In the 2017/2018 financial year, banks paid more than Sh73 billion to the Kenya Revenue Authority (KRA). “Yet, much…
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.…
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…