Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

Hizi ndio picha za mwisho. Sitaki kujaza server na mapicha.
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Kenyan carrier in cargo deal with South African Airways​



WEDNESDAY JUNE 22 2022​

Kenya Airways.

Kenya Airways has started ferrying cargo on behalf of South African Airways. PHOTO | FILE
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By BONFACE OTIENO
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Kenya Airways (KQ) has started ferrying cargo on behalf of South African Airways with which it signed a pact last year to establish an African airline by 2023.

The move gives Kenya’s national carrier an opportunity to expand its cargo business which has been growing since the outbreak of the Covid-19 pandemic that hurt passenger travel.

The pact, inked a few weeks ago, has seen KQ ferry cargo on behalf of the South African carrier on routes that it operates freighter business such as Amsterdam.

The cargo deal comes at a time the two carriers are in talks to jointly expedite the implementation of common business plans to gain a competitive edge over rivals.

Cargo accounted for 19 percent of the airline's Ksh70.22 billion ($597 million) sales in the year to December 2021.

"KQ is carrying cargo for us on routes where we don't operate, as a third-party service provider," South African Airways Acting (SAA) chief executive John Lamola told the Business Daily on Tuesday.

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"They are doing cargo for us because we don't have the capacity to do it. We only operate nine planes down from 50 because we went into bankruptcy."

The two carriers signed a strategic partnership framework in South Africa last November, in a move that will see them eventually form a Pan-African carrier amid common longstanding financial woes exacerbated by the Covid-19 pandemic among other problems.

It is expected that the partnership will improve the financial viability of the two airlines currently struggling to stay afloat.

Customers will also benefit from more competitive price offerings for both passenger and cargo segments.
 
nairobae said:
[emoji3590]‍[emoji91] [emoji7][emoji1139] THE PRIDE OF AFRICA.

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Shirika lililojifia, over 90% ya wakunya now wanatumia TC kuja na kwenda ka Nairobi [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
 

Kenya special economic zone works at Mombasa port begin in July​



FRIDAY JUNE 17 2022​

berths

Japan embassy staff and engineers tour the completed berths 20 & 21 at Mombasa port in February 2016. FILE PHOTO | NMG
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By ANTHONY KITIMO
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Construction of the first phase of Kenya’s free-trade zone (FTZ) — Dongo Kundu Special Economic Zone — at the port of Mombasa is to start in July, after the government signed an agreement with the Japan International Cooperation Agency (JICA) to undertake the project.

On June 2, Kenya Ports Authority (KPA) acting managing director John Mwangemi and JICA officials led by Naota Mukai signed the agreement to mark the beginning of the project.

“The construction of new road infrastructure and special economic zone under the Mombasa Port Development Project (MPDPR) and the Standard Gauge Railway will be linked to the expanded Port of Mombasa, landlocked countries within the East and Central Africa will efficiently serve the Port,” said Mwangemi.

According to the Mombasa Special Economic Zone (SEZ) Development project, the final report will be done under JICA loan scheme structured as a $60 million grant and a $500 million concessional loan payable within 30 years.

The project which is set to be completed by 2026 will include creation of a free trade zone, a free port, a logistics hub, and a mega industrial zone where major players and regional countries using Mombasa port will be allocated parcels of land to set up their key depots.

Mombasa port serves a number of landlocked countries in East Africa including Uganda, South Sudan, Rwanda, Burundi and the Democratic Republic of Congo.

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The project is part of Kenya’s industrialisation plan, spanning 10 years and is boosted by the revised draft SEZ regulations (2019) that offer incentives to companies operating in the zone.

Among the incentives in the new regulations include exemption from VAT, reduced corporate tax from 30 percent to 10 percent for the first 10 years and 15 percent for the next 10 years, exemption from taxes and duties payable under the Customs and Excise Act (2014), the Income Tax Act (1974), the EAC Customs Management Act (2004), and stamp duty, and exemption from county-level advertisement and license fees.

The main focus of the FTZ is strengthening key sectors such as agro-processing, textiles, leather, construction, ICT, hydrocarbons and mining and the location strategic with its main objective of decongesting Mombasa port and ensure quicker turnaround for freight logistics companies.
 
Don YF said:

Kenyan carrier in cargo deal with South African Airways​



WEDNESDAY JUNE 22 2022​

Kenya Airways.

Kenya Airways has started ferrying cargo on behalf of South African Airways. PHOTO | FILE
ADVERTISEMENT

BDgeneric_logo

By BONFACE OTIENO
More by this Author

Kenya Airways (KQ) has started ferrying cargo on behalf of South African Airways with which it signed a pact last year to establish an African airline by 2023.

The move gives Kenya’s national carrier an opportunity to expand its cargo business which has been growing since the outbreak of the Covid-19 pandemic that hurt passenger travel.

The pact, inked a few weeks ago, has seen KQ ferry cargo on behalf of the South African carrier on routes that it operates freighter business such as Amsterdam.

The cargo deal comes at a time the two carriers are in talks to jointly expedite the implementation of common business plans to gain a competitive edge over rivals.

Cargo accounted for 19 percent of the airline's Ksh70.22 billion ($597 million) sales in the year to December 2021.

"KQ is carrying cargo for us on routes where we don't operate, as a third-party service provider," South African Airways Acting (SAA) chief executive John Lamola told the Business Daily on Tuesday.

Related​

ADVERTISEMENT

"They are doing cargo for us because we don't have the capacity to do it. We only operate nine planes down from 50 because we went into bankruptcy."

The two carriers signed a strategic partnership framework in South Africa last November, in a move that will see them eventually form a Pan-African carrier amid common longstanding financial woes exacerbated by the Covid-19 pandemic among other problems.

It is expected that the partnership will improve the financial viability of the two airlines currently struggling to stay afloat.

Customers will also benefit from more competitive price offerings for both passenger and cargo segments.
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I was not aware that SAA became bankrupt. They have lost 41 planes? The airline business is very difficult and yet our neighbours to the South are pouring hundreds of millions of dollars in buying new planes. It will all go burst for them.
 
Tony254 said:
I was not aware that SAA became bankrupt. They have lost 41 planes? The airline business is very difficult and yet our neighbours to the South are pouring hundreds of millions of dollars in buying new planes. It will all go burst for them.
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I assure KQ will burst waay before Air Tanzania!
 
Geza Ulole said:
makingo losses 10th year running!
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GoK will never let it fail. GoK has been pumping billions of shillings into KQ every year to save it despite the losses. I am suprised the South African government has gotten tired of bailing out SAA.
 
Tony254 said:
I was not aware that SAA became bankrupt. They have lost 41 planes? The airline business is very difficult and yet our neighbours to the South are pouring hundreds of millions of dollars in buying new planes. It will all go burst for them.
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think their is an hidden untold problem with the supermarket chain store business and airway or aviation industry business, coz they all seem to show a decline at some point, however strong and powerful they initialy started.. 🤔🤔 ..contrary to banking industry where they all seem to gain a sustained and consistent growth.. to u Tony..
 
The best 007 said:
Shirika lililojifia, over 90% ya wakunya now wanatumia TC kuja na kwenda ka Nairobi [emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787][emoji1787]
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Wee wacha wivu bana,Any time cancellation haiwezi jipata hapo
 
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