Kenya
Kenya Airways plans to sale 4 planes to raise cash after posting record losses
NAIROBI: Kenya Airways is planning to sell four of its older planes to raise cash after posting record losses. Acting Transport...
Kenya’s East African Cables reports loss of 97.6 mln shillings on output disruptions
NAIROBI: East African Cables, which makes cables for the utility and telecoms industries, reported a loss of 97.6 million shillings...
Global credit reference solution launches mobile credit reference service in Kenya
NAIROBI: Global credit reference solution provider TransUnion has launched a mobile-based credit reference service that enables Kenyans conveniently access their...
Central Bank of Kenya approves insolvency of Dubai Bank Kenya
NAIROBI: The Central Bank of Kenya (CBK) has ordered the closure of the Dubai Bank’s Kenya unit due to its...
Kenya’s TPS Eastern Africa signs $20m loan agreement with French development institution Proparco
NAIROBI: Hotelier TPS Eastern Africa said it had signed a $20 million loan agreement with French development institution Proparco, to...
Kenya, Japan seeking direct flights to help ease travel
NAIROBI: Kenya and Japan are seeking direct flights between Nairobi and Tokyo to help ease travel between the two capitals. The...
Kenya Power upgrades systems to increase usage
NAIROBI: Kenya Power has announced it will carry out a major facelift and upgrade on its installations countrywide in efforts...
Kenya plans to launch one-stop centres for investors
NAIROBI: Plans are underway to set up one-stop investment centres, with the first one expected to be piloted in Nairobi...
Construction of Nairobi to Mombasa in Kenya oil pipeline complete by 2016
NAIROBI: The construction of the 20 inch Nairobi to Mombasa in Kenya oil pipeline will be completed by end of...
Sugarcane farming in Kenya slowly dying due to myriad
KAKAMEGA: Sugar-cane farming in western region is slowly dying due to a myriad of challenges affecting the sector. The fortunes of...
Kenya tea development agency breaks ground on 1.8-mw lower Nyamindi small hydro project
NAIROBI: The Kenya Tea Development Agency Ltd. broke ground Aug. 18 on its 1.8-MW Lower Nyamindi small hydro project. This...
Tropical power opens new 2.4 MW AD power plant in Kenya
NAIROBI: Tropical power has opened its new 2.4 MW anaerobic digestion (AD) power plant in Nakuru County, Kenya, the first...
Kenya crude oil pipeline top of growth agenda, says Uhuru
NAIROBI: The Hoima-Lokichar-Lamu crude oil pipeline is a priority project for the government as Kenya looks to tap the crude...
Kenya manages to lower by 51.7% electricity imports in H1 2015 to geothermal power station
NAIROBI: Kenya managed to lower by 51.7% its electricity imports in the first half of 2015 thanks to its newly...
Kenya ports authority plans to borrow $328m for Mombasa harbor expansion
NAIROBI: The Kenya Ports Authority plans to borrow 34 billion shillings ($328 million) to finance the expansion of East Africa’s...
Kenya considers $40m to $50m mineral, oil analysis laboratory
NAIROBI: Kenya is considering whether a $40 million to $50 million mineral and oil analysis laboratory that would give the...
NSSF gets ultimatum on construction of Hazina Towers in Kenya
NAIROBI: The National Social Security Fund (NSSF) has been given seven days to present an Environmental Impact Assessment (EIA) report...
Kenya wealth projects to expand by 6.5% from 5.3% last year by GDP
NAIROBI: This year, Kenya's wealth is projected to expand by 6.5 per cent from 5.3% per cent last year as...
Kenyan banks profit record slowest growth rate by 8.3% in 6 years
NAIROBI: At the height of the earnings season in Kenya profits for banks in grew by 8.3 per cent the...
Kenya cuts electricity imports from Uganda by more than 50%
NAIROBI: Kenya has cut electricity imports from Uganda by more than half following the injection of additional geothermal power into...
