Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Friday, May 20, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN

Kenya: Government introduces incentives to lure tourists into the Country

by Alex
December 22, 2015
in Industry and Trade, Investing, Kenya
0
Share on FacebookShare on LinkedIn

The newly appointed Tourism Cabinet Secretary Najib Balala has announced a new set of incentives in the effort to attract more tourists flying to Mombasa and Malindi via chartered planes.

According to Mr Balala all chartered planes with passengers terminating at Malindi Airport and Moi International Airport, Mombasa, will be exempted from landing fees for 30 months starting January 1, 2016.

This comes at a time when the tourism industry is picking after a downward trend since October 2014. Although, the year on year figures still indicate minimal growth, with figures still down by about 13 percent, the month on month trend shows that the figures have gone up by 23 percent.

The new enticement package will further cause an upsurge in the number of tourists trickling down to Kenya’s coastal region.

The Ministry has further set aside a Sh1.2 billion package which will see to it that Sh3,000 ($30) per seat subsidy for international passengers landing at the targeted airports over the next 30 months is observed.

Despite the many challenges being faced by the industry including security that has crippled the sector, Balala hopes that the new agenda will help to grow the industry.

“It is worthy to note that security has greatly improved and it is time for tourist charter planes to resume flights into Kenya. It is in this regard that we have unveiled this plan,” said Balala.

However, in order for airlines to enjoy the benefits, they must ensure that at least 80 percent of passengers they bring into the country are terminating at Malindi or Mombasa. Additionally, the airlines are required to operate on the Kenyan route for a minimum of two consecutive years.

Why the two destinations?

According to Balala, the ministry narrowed down to the two because they are preferred holiday destinations for most tourists. To ensure that the plan works, a committee with members from Kenya Airports Authority, Kenya Tourism Board, and Immigration will be formulated to not only implement but also follow-up on the progress of the pogramme. “We will continue to monitor, evaluate and adjust these incentives every six months in order to suit prevailing market conditions.”

Kenya has been in the limelight in the recent past following the visit by the US President Barack Obama, Pope Francis’ tour and the just concluded World Trade Organisation 10th Ministerial Conference.

The incentives from the Tourism Ministry will extend up to June 2018. By this time, the country’s economy- especially through tourism- will have improved if everything remains in the status quo or improves.

Tags: IncentivesTourismTradeWorld Trade Organization

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Alex

Related Posts

Six African nations launch the Africa Green Hydrogen Alliance. www.theexchange.africa
Investing

Renewable energy: Six African nations launch the Africa Green Hydrogen Alliance

May 20, 2022
Zimbabwe President Mnangagwa (with scarf) with Swiss Bioceuticals Limited at the commissioning of the cannabis farm and processing plant (Photo/ Farmers Review Africa)
Industry and Trade

Medicinal cannabis farming takes root as Zimbabwe starts licensing farmers

May 20, 2022
South Africa retailer Pick n Pay to cut US$187 million in costs in 3 years www.theexchange.africa
Investing

South Africa retailer Pick n Pay to cut US$187 million in costs in 3 years

May 20, 2022
Next Post

Kenya Sends Special Envoy to Burundi, Calls for Unity

Application: 3 Opportunities to grow your Enterprise in 2016

Why Kenya could be living beyond its means




This months edition

May Edition

Features

EdTech role in African development
Tech & Business

EdTech’s role in African development

by Kanyali Muthui
May 16, 2022
0

Due to the pandemic, the topic of innovation in education has never been more crucial.  While most developed countries moved...

Read more
investment in African science and technology
Tech & Business

Investing in Africa’s science and technology: Where are we now?

by Kanyali Muthui
May 16, 2022
0

The continent’s digital revolution can largely be driven by building the necessary skills for the short- and long-term future, and...

Read more
Fintech revolution in Africa
Tech & Business

The Fintech Revolution in Africa’s FX Markets

by Kanyali Muthui
May 11, 2022
0

With over 548 million registered mobile money users in sub-Saharan Africa, increased internet access and readily available mobile money solutions,...

Read more
www.theexchange.africa
Countries

US – Nigeria Trade Relations: An Overview

by Wanjiku Njugunah
May 2, 2022
0

Nigeria is currently the United States' 54th largest goods trading partner, with US$7.8 billion in total goods trade as of...

Read more
A previous conference for African Insurtech sector. The Insurtech boom is deepening insurance uptake in Africa. www.theexchange.africa
Tech & Business

Insurtech boom deepening the uptake of insurance in Africa

by june njoroge
May 2, 2022
0

Kenya-based Pula is another distinguished insurtech making waves in the continent. It provides small scale farmers with agricultural insurance and...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In