Day: August 24, 2022

Kenya Airways (KQ), Kenya’s national carrier reported a loss of KSh9.88 billion (UShs314.8bn) in the first six months of 2022, narrower than the KSh11.48 billion loss it reported in the same period a year earlier. According to the financial statements of KQ released on Wednesday, recovering global air travel helped the airline further narrow its losses in the second quarter of this year even as high fuel costs weighed down its performance. The performance came as its revenues jumped by more than three quarters to KSh48.10 billion on account of higher booking revenues. The performance was however weighed down by operating costs, which grew by half to KSh53.11 billion on the back of a sharp rise in global prices of fuel, said the airline. “The opening of borders around the world has led to q...

The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has denied a request by Uganda Airlines to block the media from covering its proceedings. The national air carrier, through its Manager, Corporate Quality, Michael Kaliisa, also requested the committee, without revealing details, to reschedule their ongoing meetings to the second week of September 2022 as they had preplanned engagements which were of great bearing on the operations of the airline. The committee chairperson, Joel Ssenyonyi, held that it was unjust and unreasonable for management of the airline to wait until the meeting to present the letter asking for rescheduling of the meeting. The governing board of the airline claimed that the continued media coverage of the meetings with the committee we...

Deputy Speaker, Thomas Tayebwa has ordered the Uganda Communications Commission (UCC) and the Uganda National Bureau of Standards (UNBS) to ban media advertisements of substandard products that have flooded the market. Tayebwa noted with concern that, much as substandard products continue to pose a risk to the lives of Ugandans, manufacturers are always accessing the media to advertise. “If it is illegal to have a non-certified product on the market, then how do you allow it to be advertised?” Tayebwa wondered. His concern followed a matter of national importance raised by Arua Central legislator, Jackson Atima, who informed Parliament of the death of 14 people in West Nile after allegedly consuming a locally manufactured alcohol called City 5. Atima informed Parliament that survivors of t...