Afternoon business highlights – November 30, 2017

Afternoon business highlights – November 30, 2017

AfDB supports JKIA expansion project

Efforts being made by Kenya’s government to make Nairobi an aviation hub has received a big boost from the African development Bank (AfDB) which approved a US$ 160m loan for the expansion of Jomo Kenyatta International Airport (JKIA). The project entails construction of a 4.9-km second runway to International Civil Aviation Organization (ICAO) Category II standards, including connecting taxiways, additional parking stands for aircraft, and an air rescue firefighting unit.  The project is designed to improve reliability of air transport to and from JKIA by reducing delays at peak hours and costly flight diversions arising from incidences on the existing runway, as well as the configuration of the existing single runway facility that impede the airports operational efficiency.

Construction Authority, Savannah Cement in deal to boost building standards

Savannah Cement and the National Construction Authority (NCA) have renewed a joint commitment to enhance building and construction standards in Kenya. Savannah Cement Managing Director, Ronald Ndegwa said the firm will provide technical training opportunities and continuous professional development platforms for workers in the building and construction sector seeking NCA accreditation or already accredited by the sector regulator. At a joint anniversary celebration with the NCA, over 100 masons received special training conducted by Savannah and have been awarded accreditation cards by NCA. The group brings to 10,000 the number of masons trained by Savannah Cement in the last five years.

Jumia to test drone delivery service in 2018

Jumia Kenya intends to test use of unmanned aerial vehicles commonly known as drones for delivery of goods during the first quarter of 2018. “Next year in Q1, we will consider a pilot if the regulations allow and it makes business sense. Realistically it’s not a viable solution at this point due to its complexity. However we will pilot it and see how it works out before adapting it in maybe two or three years to come,” said Jumia MD Sam Chappatte.

Previous Afternoon news headlines
Next Afternoon sports highlights - November 30, 2017

You might also like

Business 0 Comments

Ongoing real estate developments help Cytonn Investments post Ksh638.8 million revenue growth

Independent investments management firm, Cytonn released their first-half 2017 unaudited results for the group, delivering strong growth with revenue growing by 140.4% to Ksh638.8 million from Ksh265.8 million for first-half

Latest 0 Comments

Start packing because I will be elected Nairobi governor, Sonko tells Raila

Nairobi Jubilee party gubernatorial candidate Mike Sonko has sensationally turned down a request by National Super Alliance (NASA) leaders to join the opposition with a promise to be fronted as

News 0 Comments

Mwende heads to South Korea for Artificial hands

Jackline Mwende, the woman whose hands were chopped off in Machakos allegedly by her husband, has left Nairobi today for South Korea to be fitted with prosthetics. Doctors who were


No Comments Yet!

You can be first to comment this post!

Leave a Reply