Kenya Airways (KQ) has signed a deal with Lufthansa TechniK AG for the supply of aircraft components for its Boeing 787-8 Dreamliners as part of its planes'' maintenance plan. The agreement, which will run up to 2028, will see the carrier's Dreamliners receive services such as maintenance, repair and overhaul
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A major cyber-attack that caused an outage of more than 5,000 public services in Kenya for more than 48 hours while disabling Internet-based and mobile payment platforms has exposed the growing threat of payment service disruptions to the economy. The attack hit a critical section of the country’s financial system
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Intra-regional trade in the countries in Eastern Africa is still below 10% despite initiatives like East African Community. This is according to a report by the African Development Bank. The Bank in the report said that even the African Continental Free Trade Area has not yielded much in terms of
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Members of Parliament have opposed the Government’s proposed increment of the minimum paid-up cash capital requirements of micro-finance deposit-taking institutions from 500,000,000 million to 10 billion Shillings. It follows a debate on a report of the Committee on Finance, Planning, and Economic Development that recommended the adoption of the increment
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The Minister of State for Transport, Fred Byabakama, has said 95% of the boda-boda riders in Kampala are mad. He explains that the riders’ madness is the reason why many of them, and their passengers are dying in road crashes. Byabakama, who was the chief guest at the launch of
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Robert Muhiire, the Principal Officer - Bancassurance at dfcu Bank dfcu Bank recently launched a Bancassurance campaign dubbed ‘Cover with Us’. We spoke with Robert Muhiire, dfcu’s Principal Officer – Bancassurance about the new campaign and the overall value of insurance to individuals, families, and businesses. Can you please give us an
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Speaker Anita Among has threatened to cancel the Memorandum of Understanding (MOUs) that Parliament struck with various money lenders, after several complaints of harassment and high interest fees the MPs are being charged. “And money lenders who are harassing MPs with very high interest rates, even if the MP passes
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L-R: Racheal Dumba, CEO OF Steadman Global consulting, Mathias Katamba, Board Member UAP Mutual Uganda,Stella Alibateese, National personal Data Protection Director -NITA Uganda, Peter Mukuru, Project Management Consultant , African Development Bank and Sam Ntulume, Ag. Managing Director, I&M Bank talks about Boards and Regulation of Technology at the Annual
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The lagoon that was dug to support the solar powered irrigation system in Kyamulibwa sub county, Kalungu district. The system is no longer serving its purpose A solar-powered irrigation project, valued at Shillings 320 million, in Kyamulibwa sub-county, Kalungu district, has fallen into disrepair due to poor maintenance of its
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Eghosa Nehikare, Co-Founder and CEO of Multigate Multigate, a licensed Financial Services platform that provides access to a safe and secure treasury and liquidity management system, becomes the first pan-African financial services technology company to be certified by SWIFT as a Lite 2 Business Application Provider (L2BA). In addition, the
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