@BdAfrica

KAA kept in the dark over airport takeover - 3 months ago, 21 Mar 21:53

Edwin Mutai

The Kenya Airports Authority (KAA) was not involved in the preparation of a Cabinet memorandum that sanctioned the proposed takeover of Jomo Kenyatta International Airport (JKIA) by struggling national carrier Kenya Airways, a special audit shows.

Edward Ouko, the Auditor-General, says the airport takeover was shrouded in secrecy as his office was not furnished with key documentation for audit, including the Privately Initiated Investment Proposal (PIIP) presented by Kenya Airways #ticker:KQ in its bid to manage JKIA.

“There is no evidence of KAA management and board being involved in the Joint Cabinet Memorandum that was prepared and tabled in the Cabinet on May 29, 2018,” Mr Ouko says in a special audit of the proposed plan tabled in Parliament on Thursday.

“In fact, there is no evidence of any intervening exchange by KAA from June 19, 2018 when the Principal Secretary, Transport communicated the decision of the Cabinet until October 18, 2018 when ...
Read More


Category: business news

Item ID: 35670cc7-1d26-4e6a-866f-9d84f1657328

kadiNewsItemCategoryList
  1. newsPriority: 0.041
  2. calculatedNewsPriority: 35.658
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.041
  2. calculatedNewsPriority: 35.658
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Mar 21, 2019 9:53:38 PM
  2. timeModifiedAsFromUser: Mar 21, 2019 6:42:10 PM
  3. timeCreatedAsFromServer: Mar 21, 2019 9:53:38 PM
  4. timeUpdatedAsFromUser: Mar 21, 2019 9:55:19 PM
  5. timeCreatedAsFromUser: Mar 21, 2019 5:24:52 PM
  6. timeUpdatedAsFromServer: Mar 22, 2019 1:13:05 PM
  7. timeModifiedAsFromServer: Mar 21, 2019 9:52:59 PM

Suggested

1 hour ago
MAUBERT: How sustainability can help entrench good governance

The Capital Market Authority (CMA) released its 2018 report on the State of Corporate Governance amongst listed firms in Kenya. One week earlier, BNP Paribas published its Environmental, Social and ...

Category: business news opinion

Item ID: 4c1ae605-5b13-4a4b-950d-4612e71dc76f

kadiNewsItemCategoryList
  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.002
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.002
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.002
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 9:57:05 PM
  2. timeModifiedAsFromUser: Jun 18, 2019 6:48:24 PM
  3. timeCreatedAsFromServer: Jun 18, 2019 9:57:05 PM
  4. timeUpdatedAsFromUser: Jun 18, 2019 9:58:20 PM
  5. timeCreatedAsFromUser: Jun 18, 2019 4:16:07 PM
  6. timeUpdatedAsFromServer: Jun 18, 2019 9:58:20 PM
  7. timeModifiedAsFromServer: Jun 18, 2019 9:55:44 PM
1 hour ago
Vehicle inspection fees set to triple in changes

Motor vehicle inspection fees have been increased by more than three times to Sh3,500 under the proposed regulations that demand all cars more than four years old undergo mandatory annual inspection. ...

Category: business news corporate lifestyle opinion

Item ID: a568d6dc-45d6-40db-9327-b5a5f794bb14

kadiNewsItemCategoryList
  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.002
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.002
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.022
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.022
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.022
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 9:45:39 PM
  2. timeModifiedAsFromUser: Jun 18, 2019 6:34:24 PM
  3. timeCreatedAsFromServer: Jun 18, 2019 9:45:39 PM
  4. timeUpdatedAsFromUser: Jun 18, 2019 9:46:21 PM
  5. timeCreatedAsFromUser: Jun 18, 2019 6:20:02 PM
  6. timeUpdatedAsFromServer: Jun 18, 2019 9:46:21 PM
  7. timeModifiedAsFromServer: Jun 18, 2019 9:45:16 PM
1 hour ago
LUESBY: How public investments burden taxpayer

When I was young, we used to have debates about the role of the state. We had seen states prime economic takeoffs, sponsoring national car manufacturing and bamboo production, even fish farming. We ...

Category: business news opinion

Item ID: 18f0f782-780f-4876-b34d-042e64eb3d47

kadiNewsItemCategoryList
  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.003
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.003
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.003
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 9:57:05 PM
  2. timeModifiedAsFromUser: Jun 18, 2019 6:48:24 PM
  3. timeCreatedAsFromServer: Jun 18, 2019 9:57:05 PM
  4. timeUpdatedAsFromUser: Jun 18, 2019 10:07:46 PM
  5. timeCreatedAsFromUser: Jun 18, 2019 4:16:03 PM
  6. timeUpdatedAsFromServer: Jun 18, 2019 10:07:46 PM
  7. timeModifiedAsFromServer: Jun 18, 2019 9:55:45 PM
1 hour ago
Greek realtors eye rich Kenyans with Sh30m visa deal

Greek realtors have launched an Africa-wide charm offensive targeting affluent investor-families keen on moving to the European Union (EU) member country through purchase of at least Sh30 million ...

Category: business news

Item ID: f7d15470-4c08-45f2-b2cf-925611a32249

kadiNewsItemCategoryList
  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.003
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.003
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 9:56:59 PM
  2. timeModifiedAsFromUser: Jun 18, 2019 6:51:21 PM
  3. timeCreatedAsFromServer: Jun 18, 2019 9:56:59 PM
  4. timeUpdatedAsFromUser: Jun 18, 2019 9:58:14 PM
  5. timeCreatedAsFromUser: Jun 18, 2019 5:15:02 PM
  6. timeUpdatedAsFromServer: Jun 18, 2019 9:58:14 PM
  7. timeModifiedAsFromServer: Jun 18, 2019 9:55:20 PM
1 hour ago
Treasury snubs Sh30bn T-bills

The Central Bank of Kenya (CBK), the government’s fiscal agent, has rejected Sh30.86 billion bids for one-year government securities in the last two auctions. This brings to Sh41.43 billion the cash ...

Category: topnews news business

Item ID: 6abfa989-cc30-4237-9d3c-8e745e4d0613

kadiNewsItemCategoryList
  1. newsPriority: 0.023
  2. calculatedNewsPriority: 0.023
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 10:06:28 PM
  2. timeModifiedAsFromUser: Jun 18, 2019 7:01:13 PM
  3. timeCreatedAsFromServer: Jun 18, 2019 10:06:28 PM
  4. timeUpdatedAsFromUser: Jun 18, 2019 10:08:59 PM
  5. timeCreatedAsFromUser: Jun 18, 2019 5:17:07 PM
  6. timeUpdatedAsFromServer: Jun 18, 2019 10:08:59 PM
  7. timeModifiedAsFromServer: Jun 18, 2019 10:05:24 PM
1 hour ago
Uhuru sister sues in Sh3m debt row

President Uhuru Kenyatta’s elder sister has returned a former captain of Karen Country Club, Richard Thande, to court for failing to repay a Sh3 million debt. Kristina Pratt, in papers filed at the ...

Category: business news opinion

Item ID: 0e62b476-d3a9-4ed9-a2ca-049d6a67e3b2

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.026
  2. calculatedNewsPriority: 0.026
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 9:56:59 PM
  2. timeModifiedAsFromUser: Jun 18, 2019 6:47:43 PM
  3. timeCreatedAsFromServer: Jun 18, 2019 9:56:59 PM
  4. timeUpdatedAsFromUser: Jun 18, 2019 9:58:14 PM
  5. timeCreatedAsFromUser: Jun 18, 2019 6:37:11 PM
  6. timeUpdatedAsFromServer: Jun 18, 2019 9:58:14 PM
  7. timeModifiedAsFromServer: Jun 18, 2019 9:55:22 PM