Go First Airline Crisis: The latest development marks the first major collapse of an airline in India after the failure of Jet Airways. The now defunct airline collapsed in 2019 leaving thousands of employees in lurch., Business News, Times Now
The procurement watchdog has overturned a decision by the Kenya Medical Supplies Authority (Kemsa) to award a Sh72 million tender for the provision of medical insurance cover to First Assurance.
Johannesburg-based Absa Group has written off Sh219.5 million of its investment in Kenya’s First Assurance, indicating that the subsidiary’s performance has been below expectations.