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Boeing shares down 10 percent after second 737 MAX crash

Loading... World Boeing shares down 10 percent after second 737 MAX crash Monday, March 11, 2019 17:38 By REUTERS Red Cross team work at the crash site of Ethiopia Airlines near Bishoftu, a town some 60 kilometres southeast of Addis Ababa, Ethiopia, on March 10, 2019. PHOTO | AFP  Shares of …

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LETTERS: Collapse of Galana Kulalu project huge blow to taxpayers

Loading... Letters LETTERS: Collapse of Galana Kulalu project huge blow to taxpayers Monday, March 11, 2019 17:32 By CLAIRE NASIKE | Residents at the Galana Kulalu project in 2015. FILE PHOTO | NMG  When construction of the 10,000-acre Galana Kulalu model farm commenced on September 11, 2014, Kenyans thought that …

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MULI: Potential for green bonds has not been fully tapped

Loading... Columnists Potential for green bonds has not been fully tapped Monday, March 11, 2019 17:24 By LEAH MULI A staff monitors trading at the Nairobi Securities Exchange. FILE PHOTO | NMG  The recent launch of a legal framework for the issuance of listed and unlisted green bonds in Kenya …

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Flight recorders recovered : The Standard

Loading... Scene of the crash; the Ethiopian passenger jet was headed to Nairobi (PHOTO:Courtesy The cockpit voice recorder and the digital flight data recorder from the Ethiopian Airlines flight that crashed on Sunday have both been recovered from the crash site, the airline said in a statement. The passenger jet …

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James Mwangi opposes law requiring Banks to monitor transactions exceeding Sh 1Mn

Loading... Equity Bank CEO James Mwangi has opposed the Central Bank of Kenya regulation which requires one to give full disclosure on cash transactions exceeding  one million, saying the banks are not well positioned to execute such measures. In an interview with Citizen Tv, Mr Mwangi noted that CBK regulation …

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James Mwangi says Banks not well positioned to monitor transactions exceeding Sh 1Mn

Loading... Equity Bank CEO James Mwangi has said that banks are not well positioned to execute a regulation by the Central Bank of Kenya which requires one to give full disclosure on cash transactions exceeding Ksh 1 Million. In an interview with Citizen Tv, Mr Mwangi noted that CBK regulation …

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Standard Chartered Bank launches Sh83m mobile banking platform : The Standard

Loading... NAIROBI,KENYA: Standard Chartered Bank on Monday launched a mobile digital bank for its retail customers with enhanced features at Sh83.4 million. The platform will now allow clients to open an account in less than 15 minutes, transact, save, borrow, invest, insure and protect their wealth online without having to …

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Only a third of Kenyans with Internet are active online, new study : The Standard

Loading... NAIROBI, KENYA: Most Kenyans are still not active online despite the country’s high mobile internet penetration, a new study has found. The study by Jumia Kenya, found that only a third of the 45 million on the cyberspace are active, with the company citing high cost of internet. Only …

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Ethiopian Airlines grounds eight jets : The Standard

Loading... Reuters 11th Mar 2019 12:25:58 GMT +0300 Ethiopian Airlines has grounded its Boeing Co 737 MAX 8 fleet until further notice, the airline said on its Twitter account on Monday, a day after a crash killed all 157 people on board one of its planes of the same type. …

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Flydubai confident in the airworthiness of Boeing 737 fleet : The Standard

Loading... Reuters 11th Mar 2019 11:51:01 GMT +0300 FlyDubai Boeing 737-800. [Photo:Courtesy] DUBAI: Flydubai remains confident in the airworthiness of its Boeing 737 planes, an airline spokeswoman said on Monday, a day after an Ethiopian Airlines 737 MAX 8 crashed. Flydubai operates a fleet of Boeing 737 aircraft, including the …

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