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Kenya
Kenya Airways budget subsidiary makes loss for fourth year running

Despite an upturn in the aviation sector, Jambojet has not managed to take off again. The company is suffering heavily from the depreciation of the Kenyan shilling and is seeking to diversify its activities to protect itself. [...]

Published on 04.04.2024 at 04:40 GMT Reading time 2 minutes

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Business

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Kenya
Allan Kilavuka
International Monetary Fund
Jambojet
Kenya Airways
William Ruto

Kenya
Low-cost airline Jambojet aims for new heights

Jambojet, Kenya Airways' low-cost subsidiary, wants to dust off its fleet with new, larger aircraft and new destinations.

Subscribers only Business 22.04.2024

Kenya
World Bank lends debt-laden Kenya Power $400m

The loan is intended to help the electricity distributor pay off its debts, but it comes with conditions attached.

Subscribers only Energy 05.04.2024

Kenya
Multi-billion dollar tax shortfall thwarts Ruto's economic plans

The Kenya Revenue Authority has collected considerably fewer shillings than expected, greatly irking President William Ruto's economic advisers and prompting a dressing down from the Treasury.

Subscribers only Finance, Politics 02.04.2024

Kenya
Turbulent Kenya Airways privatisation prompts government rethink

The national carrier's woes are putting off potential private sector buyers. As the government mulls reviving a different kind of sell-off scheme for its stake, the airline has put some of its own plans on hold.

Subscribers only Politics, Business 07.03.2024

Kenya
Treasury under IMF pressure to settle outstanding contractor bills

The government has for the past two decades been racking up debts to its contractors. The situation has now become untenable and must be addressed if Kenya is to benefit from the next tranche of IMF aid.

Subscribers only Politics, Diplomacy 09.02.2024

Kenya
State agencies race for foreign currency as Kenyan shilling plummets

Invitations to tender in Kenya are increasingly issued in dollars or euros, prompting state-owned firms to invoice for their services in foreign currency. The trend towards dollarisation of the economy risks further draining the country's foreign exchange reserves, which are already at an all-time low.

Subscribers only Finance 06.02.2024

Kenya
Jambojet reaches for the sky as parent company Kenya Airways nosedives

The upturn in tourism bodes well for the low-cost airline which, unlike its parent company Kenya Airways, is aiming high.

Subscribers only Business 14.06.2023

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Kenya
Allan Kilavuka
International Monetary Fund
Jambojet
Kenya Airways
William Ruto

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Kenya
Kenya Airways budget subsidiary makes loss for fourth year running

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Kenya
Low-cost airline Jambojet aims for new heights

Kenya
World Bank lends debt-laden Kenya Power $400m

Kenya
Multi-billion dollar tax shortfall thwarts Ruto's economic plans

Kenya
Turbulent Kenya Airways privatisation prompts government rethink

Kenya
Treasury under IMF pressure to settle outstanding contractor bills

Kenya
State agencies race for foreign currency as Kenyan shilling plummets

Kenya
Jambojet reaches for the sky as parent company Kenya Airways nosedives

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Guinea Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

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Kenya Kenya Airways budget subsidiary makes loss for fourth year running

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Set up email notifications for these topics

Kenya Low-cost airline Jambojet aims for new heights

Kenya World Bank lends debt-laden Kenya Power $400m

Kenya Multi-billion dollar tax shortfall thwarts Ruto's economic plans

Kenya Turbulent Kenya Airways privatisation prompts government rethink

Kenya Treasury under IMF pressure to settle outstanding contractor bills

Kenya State agencies race for foreign currency as Kenyan shilling plummets

Kenya Jambojet reaches for the sky as parent company Kenya Airways nosedives

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About Africa Intelligence

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Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Kenya
Kenya Airways budget subsidiary makes loss for fourth year running

Kenya
Low-cost airline Jambojet aims for new heights

Kenya
World Bank lends debt-laden Kenya Power $400m

Kenya
Multi-billion dollar tax shortfall thwarts Ruto's economic plans

Kenya
Turbulent Kenya Airways privatisation prompts government rethink

Kenya
Treasury under IMF pressure to settle outstanding contractor bills

Kenya
State agencies race for foreign currency as Kenyan shilling plummets

Kenya
Jambojet reaches for the sky as parent company Kenya Airways nosedives