Browsing All Posts published on »November, 2015«

Approach infrastructure financing deficit with more efficiency – Qalaa Holdings

November 20, 2015

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  African governments have been urged to improve on efficiency to narrow the gap on infrastructure financing. According to Qalaa Holdings Managing Director in charge of Transport and LogisticsĀ Karim Sadek, the currentĀ $ 17B of the $93B infrastructure financing deficit in Africa is due to lack of efficiency. This he noted while speaking at the Infrastructure […]

Airports Authority warns buyers off Uchumi Supermarket Langata Rd branch.

November 19, 2015

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Plans by listed retailer Uchumi Supermarket to sell one of its iconic branches -Langata road , has hit a snag. The firm had in October announced that it would sell the hypermarket as part of its fundraising to return to profitability. However, the Kenyan Airports Authority has said the retailer cannot and will not sell […]

Why did W.E Tilley receive tens of millions of shillings every week from Imperial Bank’s JanMohammed.

November 10, 2015

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The puzzle on the passionate connection between W.E Tilley (Muthaiga) and Imperial Bank deceased MD Abdulmalek Janmohammed continues weeks after the bank was placed under the care of the Central Bank of Kenya. What was the arrangement? What was the money intended for? How long could this have gone on? These are some of the […]

Orange finally agrees to a deal with Helios.

November 9, 2015

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Is Kisumu an International Airport only on paper?

November 9, 2015

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February 12, 2012, retired President Mwai Kibaki officially launched the Kisumu International Airport. The airport built at an estimated cost of Sh3 billion was expected to among other things open up Western Kenya and boost the region’s economy. Years later, an assessment of the airport indicates that it’s yet to take off. Various media reports […]