KAA to auction junk aircraft
A section of Wilson Airport. FILE PHOTO | NMG NAIROBI Kenya, Nov 4- Uncollected junk aircraft are up for grabs following an announcement by the Kenya Airports Authority. In an advert, the KAA announced the auction of 73 uncollected junk aircraft at its four main airports for prices as low as Sh5,000. The airports authority […]
Treasury to merge more debt-distressed State Corporations
The National Treasury building in Nairobi, Kenya/ Courtesy. The National Treasury says plans are at an advanced stage in the bid to merge the Industrial and Commercial Development Corporation(ICDC), Industrial Development Bank(IDB) and Tourism Finance Corporation. The merged outfit, the Kenya Development Corporation is set to enhance capacity by meeting financing requirements of key players […]
