November 27, 2015

Two KQ flights turned back to JKIA over technical hitches


IN SUMMARY KQ flight 706 to Lusaka and Harare was on Wednesday morning turned back to the Jomo Kenyatta International Airport (JKIA) after the Embraer plane developed “pressurisation issues”. A day earlier, flight KQ576 to Bangui, the capital city of the Central African Republic, was turned back midflight due to “technical reasons”, which the airline did not elaborate. KQ, whose fleet consists of 46 passenger planes and two freighters, insisted that the two incidents were “not emergency” situations and that the “turn backs” were precautionary in nature. Kenya Airways has suffered two back-to-back international flight interruptions this week due to…

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Govt blocks law giving Kenyans 30pc share of foreign firms


Who sneaked in the controversial clause? It had ruffled the feathers of foreign investors looking to set up shop in East Africa’s biggest economy, casting doubt on the competitiveness of the country as an investment destination. Attorney-General Githu Muigai said the provision did not form part of the original Bills that were submitted to the National Assembly. “From all indications it was inserted at the committee stage. It does not represent the current government policy on foreign investments,” he said. Kenya has beaten a swift retreat from a new law that makes it compulsory for foreign investors seeking investment to…

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Kiambu Road developer puts up Sh4.2million apartment houses

Grand Ville

Property developer Dinara has broken ground for a Sh160 million apartment block in the Thindigua area of Kiambu County. Dinara has kicked off construction of Grand Ville Apartments, which will consist of 40 two-bedroom apartments at Sh4.2 million each. The developers said they have settled on the site due to its closeness to the city, a good road network and availability of social amenities. “We chose the area because of its proximity to town and it is close to Runda, Ridgeways Mall and the northern bypass,” said Dinara business development manager Caroline Loontubu. Construction is expected to take 18 months….

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US aircraft manufacturer Boeing torn between Kenya and Ethiopia offices


American aircraft manufacturer Boeing is weighing options of opening an office either in Kenya or Ethiopia to gain a foothold in the eastern Africa market. Boeing Company senior vice president Marc Allen said Thursday the US giant is assessing factors like human resource, infrastructure and existing frameworks for partnerships in the two capitals. The Boeing executive has been on a fact-finding tour of South Africa, Nigeria, Kenya and Ethiopia aimed at paving the way for entry into the three corners of sub-Saharan Africa. The US giant, which is the supplier of Kenya Airways and Ethiopian Airlines’ fleet of Dreamliners and other Boeing…

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Difficult times ahead for consumers in Kenya as banks raise interest rates


It all started with a 150 basis point rise in April to cushion the shilling. Six months later, and 300 basis points higher, the shilling had steadied but the effects of saving it is now threatening to bring down consumers. This is after several banks hiked their lending rates in an effort to protect their profit margins. The rates have gone up by as high as 12 per cent for some clients, setting them up for default, repossession and foreclosures for those with mortgage facilities. The ghost of the high interest rates of 2011 is back. Moses, a customer with…

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Truck Drivers Needed in Dallas, Texas


A freight company in Dallas is searching for truck drivers. Applicants must have a CDL and 2 years experience. If you meet these qualifications, please call the numbers on the flyer.  

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Microsoft launches Kiswahili translator


Global IT firm Microsoft is targeting up to 150 million Kiswahili speakers in Africa (and beyond) with a new language translator function. This will make Kiswahili the first native African language to be supported by Microsoft’s automatic translation service. Kiswahili is spoken throughout eastern Africa including in Kenya, Tanzania, Uganda, Rwanda, Burundi, Mozambique and the Democratic Republic of Congo. The translator, which was created in collaboration with the Translators without Borders (TWB) organisation, is also aimed at enabling governments in the region to make documents and information available and also disseminate emergency information. “The new function is real-time and will…

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Dubai global hotel chain inches closer to signing Kenya deal


Dubai’s Jumeirah Group, the global chain that owns the iconic Burj Al Arab hotel (pictured above), is negotiating a deal to manage a hotel in Kenya with an eye on growing its footprint in Africa. Mr Piers Schreiber, the group’s vice president for corporate communication and public affairs, said that a deal to manage the unspecified hotel in Kenya would be concluded soon. “We are in talks to take up management of a hotel business in Kenya and we shall be making disclosures of the partners and the deal when the time is ripe,” he said. Jumeirah is also in…

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How we built our Garden of Eden in Kiambu, fruit by fruit


The area around Starehe Girls High School in Kiambu County has seen tremendous growth in the recent past. It is to a home in one of these posh housing estates that we head to one fine morning. It looks nothing different from the other mushrooming estates in the county. At the entrance of our target homestead, we find workers loading parked fresh farm produce onto a waiting car. Benson Wakaba and his wife, Esther Wairimu, are getting ready to ferry fruits and vegetables, which they have just harvested on their farm, to the market. For the last three years, this has…

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Number of Kenyan super earners shrinks as income gap grows


Only 68,676 or 2.89 per cent of formal sector employees in Kenya earn more than Sh100,000 per month, according to newly released data, showing a widening income gap in the country. The data from the Kenya National Bureau of Statistics (KNBS) shows that more than half of formal sector workers (64.5 per cent) are living on low wages of between Sh20,000 and Sh49,000 that have barely increased in the past 10 years, eroding the wage earners’ purchasing power. The formal sector wages data also shows that although the number of people in the top earning bracket declined last year compared…

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