@DailyNation

Kenya Airways’ airport takeover bid a sugar-coated fraud, reject it - 6 days ago, 21:59

Billow Kerrow

The government’s proposal to concession the Kenya Airports Authority (KAA) to Kenya Airways should be outrightly rejected by Parliament; it is a crude attempt at sugar-coating a fraudulent plan to skim public resources.

KQ is a private liability company incorporated under the Companies Act and listed on the Nairobi Securities Exchange as well as in Uganda and Tanzania. That it flies the national flag belies its status.

BALANCE SHEET

Before it recently capitalised its huge debt to window-dress KQ’s balance sheet, the government had a mere 22 per cent shareholding in it. In 2016, it pumped in Sh4.2 billion to keep it a float as other shareholders such as KLM, which owned 26 per cent, simply shrugged it off.

There is nothing strategic about having a ‘national airline’; many powerful countries, such as the US, Japan, Brazil, Canada, Nigeria, Algeria, Ghana and Zambia, have not lost their pride for not having one.

The government ...
Read More


Category: topnews news

Item ID: 7d1777d9-c3ae-4dcc-bdd1-7613858e5f6c

kadiNewsItemCategoryList
  1. newsPriority: 0.002
  2. calculatedNewsPriority: 2.619
  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: 0.002
  2. calculatedNewsPriority: 2.619
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Apr 14, 2019 9:59:00 PM
  2. timeModifiedAsFromUser: Apr 14, 2019 8:28:05 PM
  3. timeCreatedAsFromServer: Apr 17, 2019 8:22:20 PM
  4. timeUpdatedAsFromUser: Apr 19, 2019 7:51:17 PM
  5. timeCreatedAsFromUser: Apr 14, 2019 9:59:00 PM
  6. timeUpdatedAsFromServer: Apr 19, 2019 7:51:17 PM
  7. timeModifiedAsFromServer: Apr 17, 2019 8:22:20 PM

Suggested

1 hour ago
Police search for suspects in Nairobi ATM robberies

Nairobi police are looking for suspects who stole Sh7 million from two ATMs belonging to Barclays Bank on Saturday. The robberies happened at Mutindwa, Buruburu and at the Mater Hospital in South B. ...

Category: topnews news counties

Item ID: 6a347025-95e4-40a9-a207-1abb0a2dbe82

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

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.001
  3. description: View the latest and breaking Counties News
  4. parsedURL: http://www.nation.co.ke/counties/1107872-1107872-44rd16z/index.html
  5. name: counties
  6. title: Counties News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 10:20:00 AM
  2. timeModifiedAsFromUser: Apr 21, 2019 7:12:54 AM
  3. timeCreatedAsFromServer: Apr 21, 2019 10:20:00 AM
  4. timeUpdatedAsFromUser: Apr 21, 2019 10:20:45 AM
  5. timeCreatedAsFromUser: Apr 21, 2019 10:20:00 AM
  6. timeUpdatedAsFromServer: Apr 21, 2019 10:20:45 AM
  7. timeModifiedAsFromServer: Apr 21, 2019 10:20:00 AM
1 hours ago, 09:29
52 dead as blasts hit Sri Lanka churches, hotels celebrating Easter

At least 52 people were killed in Sri Lanka on Sunday, police told AFP, when a string of blasts ripped through high-end hotels and churches as worshippers attended Easter services. A police official, ...

Category: topnews news world

Item ID: c8649652-9b1d-4605-9f33-165e6102a10c

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.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: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking World News
  4. parsedURL: https://www.standardmedia.co.ke/world
  5. name: world
  6. title: World News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 9:29:43 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 9:29:43 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 9:31:12 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 9:29:43 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 9:31:12 AM
2 hours ago, 09:09
The mixed legacies of retired Kenya military generals

When he finally exits in the coming days, General Samsom Mwathethe will likely be remembered for a chequered tenure whose lowest points were perhaps the attacks on Somalia-based Kenyan soldiers in ...

Category: topnews news

Item ID: f9ec0872-c069-4c39-87b5-9d27c9c9440c

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  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: 0.001
  2. calculatedNewsPriority: 0.001
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/news/1056-1056-u6geog/index.html
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 9:09:26 AM
  2. timeModifiedAsFromUser: Apr 20, 2019 8:37:03 PM
  3. timeCreatedAsFromServer: Apr 21, 2019 9:09:26 AM
  4. timeUpdatedAsFromUser: Apr 21, 2019 9:28:17 AM
  5. timeCreatedAsFromUser: Apr 21, 2019 6:00:00 AM
  6. timeUpdatedAsFromServer: Apr 21, 2019 9:28:17 AM
  7. timeModifiedAsFromServer: Apr 21, 2019 9:09:26 AM
16 minutes
Butali Warriors maintain perfect league start

Hockey Premier League Champions Butali Sugar Warriors maintained their perfect start to the 2019 season as they edged former champions Kenya Police 2-1 at the City Park. Warriors opened the scoring in ...

Category: topnews news sports

Item ID: 886c7165-52b0-42f7-ba31-6fb45c5cc170

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking Top News
  4. parsedURL: https://citizentv.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking News
  4. parsedURL: https://citizentv.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.001
  3. description: View the latest Sports News: Football, Rugby, Basketball, Motorsports and many more
  4. parsedURL: https://citizentv.co.ke/sports/
  5. name: sports
  6. title: Sports News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 11:03:50 AM
  2. timeModifiedAsFromUser: Apr 21, 2019 11:01:00 AM
  3. timeCreatedAsFromServer: Apr 21, 2019 11:03:50 AM
  4. timeUpdatedAsFromUser: Apr 21, 2019 11:04:31 AM
  5. timeCreatedAsFromUser: Apr 21, 2019 11:01:00 AM
  6. timeUpdatedAsFromServer: Apr 21, 2019 11:04:31 AM
  7. timeModifiedAsFromServer: Apr 21, 2019 11:03:50 AM
24 minutes
Sh10 million fake Samsung phones seized

Fake Samsung phones and accessories worth more than Sh10 million have been seized by anti-counterfeit officers. In a sting operation, inspectors from the Anti-Counterfeit Authority (ACA) raided ...

Category: topnews news politics

Item ID: 21e06363-bedb-447a-b7b5-7ec4cf20c938

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.012
  3. description: View the latest news in Politics
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 10:55:25 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 10:55:25 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 11:02:37 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 10:55:21 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 11:02:37 AM
24 minutes
Police nab 24 illegal immigrants at a bush in Isiolo

Twenty-four immigrants were yesterday arrested for being in the country illegally in Merti, Isiolo County. Police said the 18 Ethiopians and six Eritreans were arrested from a bush in an operation by ...

Category: topnews news politics

Item ID: e2da0190-278f-4cba-a2f5-3b2678873f8b

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.021
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.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: https://www.standardmedia.co.ke/kenya
  5. name: news
  6. title: News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest news in Politics
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 10:55:30 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 10:55:30 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 11:02:37 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 10:55:25 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 11:02:37 AM