Kenya
Kenya’s Mumias Sugar expects profit to fall by more than 25% in financial year
NAIROBI: Kenya's Mumias Sugar expects profit to fall by more than a quarter in its financial year to end-June due...
Kenyan Govt loses approximately Sh3billion annually due to aflatoxin
NAIROBI: The East Africa Grain Council (EAGC) has said Kenyan Government loses approximately Sh3billion annually due to aflatoxin, lack of...
Kenya’s banking agency transactions soar 50% to cross Sh100b mark in 3 months to June
NAIROBI: Banking agents have now crossed the Sh100 billion mark in transactions in the three months to June, increasing their...
Qatar based Doha bank group plans to enter Kenyan market
NAIROBI: Qatar-based Doha Bank Group is planning to enter the Kenyan market as its gateway to expanding across the African...
Kenya’s asset management industry second fastest growing industry in Africa
NAIROBI: Kenya's asset management industry is the second-fastest growing industry of its kind in Africa. Domestic institutional investors like insurance...
Kenya signs Sh3.28b with Japan as sector policy loan for universal health coverage
NAIROBI: Kenya has signed Sh3.28 billion with Japan as sector policy loan for universal health coverage. The loan was officially...
Kenyan police seizes 6.7kg heroin in yacht from Indian Ocean
NAIROBI: Kenya on Friday blew up a yacht seized while smuggling heroin across the Indian Ocean, the interior ministry said,...
Sugar in shops smuggle in through Port of Kismayo by KDF soldiers in Kenya
NAIROBI: Most of the sugar in shops is smuggled in through the Port of Kismayo by KDF soldiers, Cord leader...
Barclays Bank of Kenya shifting focus from large corporate clients to small businesses
NAIROBI: Barclays Bank of Kenya is shifting its focus from large corporate clients to small businesses as it seeks to...
Sasini reports profit after tax of 649.4M in Kenya
NAIROBI: Sasini limited has reported a profit after tax of 649.4 million shillings for the year ended 31st July 2015...
Kenya blows up yacht seizes smuggling heroin across Indian Ocean
NAIROBI: Kenya blew up a yacht seized while smuggling heroin across the Indian Ocean, the interior ministry said, as the...
Central Bank of Kenya placed Dubai Bank Kenya under receivership
NAIROBI: The Central Bank of Kenya (CBK) has placed Dubai Bank Kenya under receivership following what it termed as “serious...
Kenya Power signs power purchase agreement with 2 independent local power producers
NAIROBI: Electricity distributor Kenya Power signed a power purchase agreement with two independent local power producers for the supply of...
Kenya cut flower exports rise by 11.7% to 136,601T during Q1 of 2015
NAIROBI: Kenya’s cut flower exports rose by 11.7 per cent during the first quarter of this year to 136,601 tonnes....
Kenya Reinsurance posts 20% growth in net profits for H1
NAIROBI: Kenya Reinsurance (Kenya-Re) has posted a 20 per cent growth in net profits for the six months to June...
Kenya raises ban on Genetically Modified food in next 2 months
NAIROBI: Kenya’s Deputy President William Ruto disclosed that Kenya will lift the ban on Genetically Modified (GMO) food in the...
Kenya Power signs agreement to buy 76 MW of electricity from 2 local private companies
NAIROBI: Kenya Power has signed an agreement to buy 76 megawatts (MW) of electricity from two local private companies, as...
Kenya allows Ugandan sugar import into Kenya market
NAIROBI: Kenya and Uganda have struck a deal that will allow Ugandan sugar into the Kenya market. The deal is...
Kenya Investment Authority works on National Investment Policy by 2016
NAIROBI: The Kenya Investment Authority (KenInvest) is working on a National Investment Policy that will deal with any gaps or...
Farmers want livestock Kenyan marketing firms privatised in agriculture sector
NAIROBI: Players in agriculture sector want East African governments to privatise all state corporations dealing with production, processing and marketing...
