Miscellaneous
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The Nairobi Securities Exchange (NSE) on Friday suspended the trading of Kenya Airways shares due to an impending government buyout.
According to, africa.cgtn.com, the NSE said in a statement that the national carrier’s operational and corporate restructuring is now imminent following the publication of the National Managemen… read more
African countries have lost almost $55 billion in travel and tourism revenues in three months due to the coronavirus pandemic, the African Union (AU) commissioner for infrastructure and energy said on Thursday.
Amani Abou-Zeid told a news conference the economic impact of lockdowns and border closures to curb the spread of the virus would … read more
The Tanzania Tourist Board has cancelled this year's Swahili International Tourism Expo (SITE) due to the current global Coronavirus pandemic.
The Board in a statement said, it has carefully monitored the ongoing crisis and "due to this we regret to inform you that the 6th edition of SITE 2020 which was scheduled to take plac… read more
Rwanda has been confirmed as the next host of the secretariat of the East Africa Tourism Platform (EATP), a regional private sector body for tourism in East Africa, set up by TradeMark East Africa in 2011.
Established as an initiative to promote the East African Community as one tourism destination, EATP has been described by some a… read more
Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published by the Banker Magazine.
Climbing a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, Zenith Bank retained its position as the number one Tier-1 bank in Nigeria with Tie… read more
The German Development Minister Gerd Müller (CSU) has asked Foreign Minister Heiko Maas (SPD) to review the travel restrictions imposed on African countries due to the corona pandemic.
Development Minister for Review of Africa Travel Restrictions for Germans to travel to Africa. “In Africa alone, 25 million people live from tourism, for ex… read more
Kenya has today, July 1 introduced health protocols to guide operations of its tourism and travel sector. The 43-page document establishes broad protocols for all tourism establishments, facilities, tourists and operators.
The country's Minister of Tourism and Wildlife, Najib Balala in his foreword said, "Kenya’s tourism sector has … read more
Almost two-thirds of international travellers are ready to travel immediately after the lifting of international travel restrictions or within a year thereafter, a South African Tourism (SA Tourism) survey on international travel has revealed.
The report follows an international tourist behaviour survey, which gives insight into consumer t… read more
The rapid spread of COVID-19 has had a massive impact on many sectors of the global economy, with tourism being among the hardest hit. The European Bank for Reconstruction and Development (EBRD) and the United Nations World Tourism Organisation (UNWTO) are joining forces to boost the recovery of the tourism sector across the 38 economies … read more
Airlines Reporting Corp. (ARC) yesterday released data showing that ARC-accredited travel agencies experienced a 69% month-over-month increase in net sales from April to May 2020, showing preliminary signs of air travel recovery from the COVID-19 pandemic. Year-over-year net sales were still down 102%, with the consolidated dollar value of ticke… read more
Nairobi Stock Exchange stops trading Kenya Airways
AU: Pandemic costs Africa travel, tourism almost $55 billion
Tanzania reschedules SITE into 2021
Rwanda to host East Africa Tourism Platform (EATP) secretariat
Kenya outdoor health protocols
European Bank for Reconstruction and Development and UNWTO to boost tourism recovery
