Kq is a shady company

[KenyanPlato]

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They have a big negative retained earnings. What a shit head company. Do they even have money to service their crafts and train employees. Kenyans have a collective intelligence of a wwrthog. Social media was lit with morons celebrating new York direct flight. This is the end of KQ.

[gout]

Treasury will now give it some more billions with the PR coup and the senior managers will eat serious bonus for world class, pride of Africa management styles.

[hk]

KQ is just a flying matatu. Nothing innovative or special. 

[hk]

Kisero needs to pump the brakes https://www.nation.co.ke/oped/opinion/Direct-flight-to-New-York-will-open-floodgates-of-investment/440808-4829440-xp6dsfz/index.html . Ethiopia has direct flights to US but it hasn't been able to make any significant dent in cut flowers market dominated by Columbia and Ecuador. As for making Nairobi a financial hub and connecting with wallstreet. That depends on the business opportunities available in "Nairobi financial hub". 

[RV Pundit]

I think this game changer for Nairobi if we utilize this well. First Nairobi is already the preffered HQ of multinationals and having direct flights to everywhere in planet - would cement that - and then thanks to AGOA - we can hopefully ship more stuff to US quickly and cheaply.

Kisero needs to pump the brakes https://www.nation.co.ke/oped/opinion/Direct-flight-to-New-York-will-open-floodgates-of-investment/440808-4829440-xp6dsfz/index.html . Ethiopia has direct flights to US but it hasn't been able to make any significant dent in cut flowers market dominated by Columbia and Ecuador. As for making Nairobi a financial hub and connecting with wallstreet. That depends on the business opportunities available in "Nairobi financial hub". 

[KenyanPlato]

I think this game changer for Nairobi if we utilize this well. First Nairobi is already the preffered HQ of multinationals and having direct flights to everywhere in planet - would cement that - and then thanks to AGOA - we can hopefully ship more stuff to US quickly and cheaply.

Kisero needs to pump the brakes https://www.nation.co.ke/oped/opinion/Direct-flight-to-New-York-will-open-floodgates-of-investment/440808-4829440-xp6dsfz/index.html . Ethiopia has direct flights to US but it hasn't been able to make any significant dent in cut flowers market dominated by Columbia and Ecuador. As for making Nairobi a financial hub and connecting with wallstreet. That depends on the business opportunities available in "Nairobi financial hub". 

Are agoa product shipped by air or ship?

[RV Pundit]

They are many items covered by AGOA - some make economic sense to be air-freighted - esp perishables like vegetables & flowers

Are agoa product shipped by air or ship?

[patel]

Beside the direct flight 'prestige' this will be nothing but a loss making route. There is no way KQ can make money on this route. Soon they will cut down from daily flight to 3 days then once or twice a week....

[KenyanPlato]

They are many items covered by AGOA - some make economic sense to be air-freighted - esp perishables like vegetables & flowers

Are agoa product shipped by air or ship?

Lol are flowers covered?

[RV Pundit]

Idiot - they are
https://agoa.info/about-agoa/products.html?cck=rd_product&art_state=1&art_catid=20&rd_search_all=flowers&search=rd_list_products&task=search

Lol are flowers covered?

[hk]

Dislodging columbia, equador and netherlands from the us market for cut flowers will be a challenge. Ethiopia has had a direct flights to America but hasn't even been able to dent columbia and equador dominance in that market.  AGOA isn't a panacea, creating competitive companies that make world class products is the solution. Bangladesh has proven that a country doesn't need preferential treatment to create competitive companies especially in garment industry.
Macadamia qualify for AGOA, the government should lift the ban on raw shell export. This is the easiest way to enter the america market without stringent FDA approvals. Then work on getting approvals and creating a sustainable brands. Ride the health eating wave in america.

[RV Pundit]

Ethiopia are newbies and with their forex control - their horticulture industry has been struggling - Kenya is a different kettle fish - and I expect to see the numbers ramping up quickly. In any case it great to diversitfy from UK/Netherland - and try other markets including US, China, Japan and etc.

AGOA - we need to take full advantage of that.

But I think more importantly this direct flight will make Nairobi the Capital magnet from the likes of Wall street & Silicon valley - directed towards Africa - Nairobi was already well established as HQ or stepping stone to Africa - and with direct flight - we will continue to cement this position.

American tourists were already dislodging Brits & Germans in Kenya - and this direct flight - will really help in that regard.

This is good move - it just good to know somebody can fly to US directly - 7 hours less and probably cheaper. The economics will sort itself out.

Dislodging columbia, equador and netherlands from the us market for cut flowers will be a challenge. Ethiopia has had a direct flights to America but hasn't even been able to dent columbia and equador dominance in that market.  AGOA isn't a panacea, creating competitive companies that make world class products is the solution. Bangladesh has proven that a country doesn't need preferential treatment to create competitive companies especially in garment industry.
Macadamia qualify for AGOA, the government should lift the ban on raw shell export. This is the easiest way to enter the america market without stringent FDA approvals. Then work on getting approvals and creating a sustainable brands. Ride the health eating wave in america.

[hk]

Ethiopia are newbies and with their forex control - their horticulture industry has been struggling - Kenya is a different kettle fish - and I expect to see the numbers ramping up quickly. In any case it great to diversitfy from UK/Netherland - and try other markets including US, China, Japan and etc.

AGOA - we need to take full advantage of that.

But I think more importantly this direct flight will make Nairobi the Capital magnet from the likes of Wall street & Silicon valley - directed towards Africa - Nairobi was already well established as HQ or stepping stone to Africa - and with direct flight - we will continue to cement this position.

American tourists were already dislodging Brits & Germans in Kenya - and this direct flight - will really help in that regard.

This is good move - it just good to know somebody can fly to US directly - 7 hours less and probably cheaper. The economics will sort itself out.

That's a good point on Ethiopia forex controls. While its true that Nairobi is increasingly the HQ of multinationals in africa, we need to look at why the likes of JP morgan which had planned to open in kenya has stalled. The most active equity funds in kenya from america are  social investment funds( mercy funds), this need to change for Nairobi to be a "financial hub".

[veritas]

KQ is just a flying matatu. Nothing innovative or special. 

 

too funny !! 

[gout]

The route will be overbooked throughout the year. The travel budgets of our senior politicians In Kenya, TZ, Uganda, South Sudan and Congo plus the expats is good business.

[RV Pundit]

Banks who wanted to come to Nairobi stalled after CBK moratorium on new banks - when Dr Njoroge become CBK governor. That now has been lifted - and you can expect JP morgan, Middle East and Asian banks to come knocking again. Close home - you can expect the likes of Unaitas to soon get banking license. Yes most of capital coming is social - but a huge improvement from NGO funding that we are used to - because this is more social ENTREPRENEURSHIP - the kind that gaves us M-pesa, M-Kopa and other such ideas - which are business oriented but with social impact.

That's a good point on Ethiopia forex controls. While its true that Nairobi is increasingly the HQ of multinationals in africa, we need to look at why the likes of JP morgan which had planned to open in kenya has stalled. The most active equity funds in kenya from america are  social investment funds( mercy funds), this need to change for Nairobi to be a "financial hub".

[patel]

Not to sound like a cynic but this is the same thing we were told about Asian tourist flooding our beaches and our national parks.....what went wrong?

[KenyanPlato]

Banks who wanted to come to Nairobi stalled after CBK moratorium on new banks - when Dr Njoroge become CBK governor. That now has been lifted - and you can expect JP morgan, Middle East and Asian banks to come knocking again. Close home - you can expect the likes of Unaitas to soon get banking license. Yes most of capital coming is social - but a huge improvement from NGO funding that we are used to - because this is more social ENTREPRENEURSHIP - the kind that gaves us M-pesa, M-Kopa and other such ideas - which are business oriented but with social impact.

That's a good point on Ethiopia forex controls. While its true that Nairobi is increasingly the HQ of multinationals in africa, we need to look at why the likes of JP morgan which had planned to open in kenya has stalled. The most active equity funds in kenya from america are  social investment funds( mercy funds), this need to change for Nairobi to be a "financial hub".

Lol no bank wants to be in kenya..they have to worry day and night about money laundering for so little benefit...there very few International banks left in Nairobi

[RV Pundit]

They don't have to do retail banking. They can come and arrange eurobonds for private sector and gov.

Lol no bank wants to be in kenya..they have to worry day and night about money laundering for so little benefit...there very few International banks left in Nairobi

[KenyanPlato]

They don't have to do retail banking. They can come and arrange eurobonds for private sector and gov.

Lol no bank wants to be in kenya..they have to worry day and night about money laundering for so little benefit...there very few International banks left in Nairobi

Why come for two bonds that can be issued in new york? Banks operate on razor thin margins