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Food insecurity in Africa still looms large despite doubled production

Nairobi, Aug. 31 -- Africa's food production has roughly doubled in real terms over the past two decades, but the gains have failed to keep pace with the continent's growing population and demand, lea... Read More


George Kamal on KQ's plan to return to profit, growth, search for investor and debt restructure

Nairobi, Aug. 27 -- After what seemed like a rebound in 2024, Kenya Airways sank deeper into the red last year, and even deeper this year, after posting a 31.9 percent growth in its half-year loss to ... Read More


Investor offers planes in exchange for KQ strategic stake

Nairobi, Aug. 26 -- An investor has offered to give Kenya Airways (KQ) airplanes in exchange for a stake in the national carrier as it seeks a fresh capital injection to fund its turnaround plan. The... Read More


Kenya Airways half-year loss widens to Sh16bn as costs spiral

Nairobi, Aug. 25 -- Kenya Airways' net loss for the six months to June 2026 jumped 31.9 percent to Sh16 billion after its costs grew exponentially to a record level due to the Middle East conflict. T... Read More


KAA profit halves as revenues, passenger charges slump

Nairobi, Aug. 23 -- The Kenya Airports Authority (KAA) posted a 41 percent profit dip to Sh3.8 billion in the financial year to June 2025, largely driven by a drop in revenues, surging costs and easin... Read More


Junk aeroplane crisis hits Wilson Airport operations

Nairobi, Aug. 23 -- At least 90 planes belonging to private aviation companies, flying schools and individuals have been abandoned at Nairobi's Wilson Airport, choking available parking space for oper... Read More


KQ tops dues to KCAA with Sh1.5billion unpaid service fees

Nairobi, Aug. 21 -- National carrier Kenya Airways (KQ) owed the Kenya Civil Aviation Authority (KCAA) Sh1.5billion in unpaid service fees as at the end of the financial year to June 2025, which is mo... Read More


KQ sees wider losses on 72pc fuel cost jump, grounded fleet

Nairobi, Aug. 19 -- Kenya Airways' (KQ) losses are projected to widen in the half-year to June 2026, as a 72 percent surge in fuel costs due to the Middle East conflict compounded the impact of prolon... Read More


Absa's minority investors reject Sh24bn share offer

Nairobi, Aug. 19 -- More than 64,000 minority shareholders of Absa Kenya snubbed an offer from the lender's top shareholder to buy part of their shares, scuttling the bid by the South African parent t... Read More


Absa Group offer to buy extra 16.5pc stake in Kenya unit fails

Nairobi, Aug. 18 -- South Africa's Absa Group has failed in the bid to increase its stake in Absa Bank Kenya to as much as 85 percent through a tender offer worth about $238 million (Sh30.8 billion). ... Read More