The Overseas Trading Company, famously known as OTC, is a building that represents both the physical and symbolic ascendency of Victor Maina from humble origins to a billionaire standing. It’s located along the Ronald Ngala Street in Nairobi. In the mid-2000s, Maina made a bold move into real estate, where he amassed a fortune. In […]
Kenya Airways officials appeared before the National Assembly Committee on Public Debt and Privatisation, chaired by Balambala MP Abdi Shurie, to explain the measures it has put in place to repay public funds used to cover its guaranteed debt. In financial year 2023/24, the National Government disbursed Ksh14.3 billion and Ksh13 billion in 2024/25 towards […]
The National Assembly has passed the Air Passenger Service Charge (Amendment) Bill, 2025 (National Assembly Bill No. 35 of 2025), introducing key changes to how revenues from air travel fees will be shared. The Bill amends the Air Passenger Service Charge Act (Cap. 475) to expand the list of beneficiaries from the charge beyond the […]