Category: Business
Nairobi Court Halts Kileleshwa High-Rises Over Zoning Breaches
Feb 9, 2025, Posted by : Ra'eesa Moosa
A Nairobi court has intervened in the construction of high-rise buildings in Kileleshwa, enforcing a limit of 16 floors due to zoning issues. This comes after residents raised concerns about environmental and security impacts, challenging ongoing urban development practices.
MORE
Windfall Tax: A Path to Mitigating Poverty in Nigeria, Say Financial Experts
Aug 1, 2024, Posted by : Ra'eesa Moosa
Financial experts in Nigeria advocate for a windfall tax on companies experiencing extraordinary profits due to unusual events. They argue that revenue from such a tax could significantly alleviate poverty by funding social welfare programs and infrastructure projects, especially during economic booms. Properly managed, this tax could redistribute wealth and stimulate economic growth.
MORE
Air Canada Flight Incident: Crew Member Loses Temper Over Blanket Request, Leading to Flight Cancellation
Jul 31, 2024, Posted by : Ra'eesa Moosa
An Air Canada flight was canceled after a heated altercation between a flight attendant and a passenger who requested a blanket. The incident escalated with the crew member threatening to remove passengers and calling the police. Air Canada has apologized and promised compensation for the inconvenience.
MORE
Musalia Mudavadi Affirms Jomo Kenyatta International Airport is Off the Market, Eyes Expansion with Investor Funds
Jul 23, 2024, Posted by : Ra'eesa Moosa
Prime Cabinet Secretary Musalia Mudavadi has affirmed that Jomo Kenyatta International Airport is not for sale, countering reports of it being leased to an Indian firm. Instead, the government plans to enhance the airport through public-private partnerships, constructing a new terminal funded by investors, with transparency overseen by the Kenya Airports Authority.
MORE
Boosting Ukraine's Economy: Policies and Strategies for Migrants' Return Amid Ongoing Conflict
Jun 13, 2024, Posted by : Ra'eesa Moosa
With Ukraine facing significant economic challenges due to the ongoing conflict with Russia, the article explores policies aimed at stimulating growth and encouraging the return of migrants. Strategies include creating fortified economic clusters in western and southwestern regions, backed by comprehensive war insurance, reliable supplies, and a mix of private and foreign investments.
MORE