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Top News In மாபெரும் ரீஜென்சி ஹோட்டல் Today - Breaking & Trending Today

Airport controversy threatens to spin out of control

(eTN) - The latest twist in the saga of Kenya airports, is now hitting the headlines in Nairobi, with allegations of a million dollar bribe having been given to an unnamed official, who subsequently t | eTurboNews | Travel News | ....

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Pattni firm suffers setback over Laico Regency deal

Pattni firm suffers setback over Laico Regency deal
Monday July 26 2021
By SAM KIPLAGAT
Summary
Westmont was seeking to overturn the demand to deposits Sh20 million before its multi-billion shilling claims against the CBK can proceed.
Malaysia-based Lynwood Development Limited used its local agent, Westmont Holdings, to pay Sh185.5 million to the CBK in April 1997, being a 10 percent deposit for the purchase of Grand Regency Hotel.
The hotel was ultimately sold to Libya Arab Investment Company (Laico) and renamed Laico Regency, prompting Westmont to sue seeking refund.
A company associated with Goldenberg architect Kamlesh Pattni has lost a bid for Supreme Court to determine its dispute with the Central Bank of Kenya (CBK) over a multi-million shilling claim linked to sale of Laico Regency hotel. ....

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Wolfgang's East Africa tourism report

Wolfgang's East Africa tourism report
eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.

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Wolfgang's East Africa tourism report

UWA GETS READY FOR TWO NEW GORILLA GROUPS
Efforts over the past years are nearing conclusion, as two additional habituated gorilla groups are to be added for tourism purposes at Bwindi National Park over the next few weeks. This will bring the number of available gorilla tracking permits at Bwindi to a maximum of 48 a day, provided all groups are available for visits and one or another are not being rested on advice of the Uganda Wildlife Authority veterinary services. Each permit presently attracts a fee from foreign non-resident visitors of US$500, while locals understandably pay a more affordable figure. ....

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Kenya government gifts major hotel to Libya for peanuts

In an apparent cloak and dagger action, shrouded by secrecy and leaks, the Kenyan government appears to have sold the prestigious Grand Regency Hotel for a pittance of less than 3 billion Kenya shilli
In an apparent cloak and dagger action, shrouded by secrecy and leaks, the Kenyan government appears to have sold the prestigious Grand Regency Hotel for a pittance of less than 3 billion Kenya shillings (approximately US$45.6 million) to the Libyan government under a private sale agreement. Figures available right now vary between 2 billion and 2.9 billion Kenya shillings.
It has also became evident that no public bidding or tendering was chosen by the promoters – or should one say perpetrators – of the deal to maximize the proceeds of the sale, as a number of international hotel chains had of late expressed interest in coming to Kenya and may have wanted to make offers for the Grand Regency themselves. ....

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