Kenya
US buys Kenya software to help track illicit money coming into country
NAIROBI: The US will buy Kenya a software to help track illicit money coming into the country. This is as...
Smallholder farmers launch of digital trading platform in Kenya
NAIROBI: Smallholder farmers in East Africa will be able to trade their produce online following launch of a digital trading...
Central Bank of Kenya raises benchmark rate by 150 points to 11.50%
NAIROBI: The Kenyan business sentiment weakened further in July, falling to a five-month low of 54.5, having already fallen to...
Kenya’s monthly inflation declines marginally to 6.62% in July
NAIROBI: Kenya’s overall monthly inflation declined marginally to 6.62 per cent in July from 7.03 percent in June due to...
Kenya’s tourist arrivals in H1 of 2015 drop nearly 20%, tourism regulator
NAIROBI: The number of tourists who visited Kenya in the first half of this year went down nearly 20 percent,...
Kenya’s new Chinese built rail line cut through capital’s sprawling sanctuary for lions
NAIROBI: Kenya's new Chinese-built rail line will cut through the capital's sprawling sanctuary for lions, giraffes and zebras, wildlife officials...
Kenya’s apex bank says remittance inflows rise by 9.2% to 754m in first 6 months
NAIROBI: Kenya's apex bank said remittance inflows to the country rose by 9.2 percent to 754 million U.S. dollars in...
Kenya’s ARM Cement swings to H1 pretax loss of 473.52m shillings from profit of 1.25b shillings
NAIROBI: Kenya's ARM Cement swung into a first-half pretax loss of 473.52 million shillings ($4.6 million) from a profit of...
Kenya’s Commercial Bank says expects better performance in second half 2015
NAIROBI: Kenya Commercial Bank (KCB) said it expects a better performance in the second half 2015 after reporting higher first-half...
Kenya’s East African Breweries posts 36% rise in pretax profit to 14.15b shillings
NAIROBI: Kenya's East African Breweries posted on Friday a 36 percent rise in pretax profit to 14.15 billion shillings ($138.52...
Kenya Commercial Bank H1 profit increased 13% as earnings from loans grew
NAIROBI: Kenya Commercial Bank Ltd., the East African nation’s biggest lender by market value, said first-half profit increased 13 percent...
Kenya Airways Ltd to seek $200m loan, sell aircraft after record loss
NAIROBI: Kenya Airways Ltd., sub-Saharan Africa’s third-largest carrier, said it will seek a $200-million loan and sell some of its...
Kenya Central bank sales unspecified amount of dollars to support local currency
NAIROBI: The Central Bank of Kenya sold an unspecified amount of dollars to support the local currency, Bernard Omenda, head...
Microsoft CEO Satya Nadella in Kenya for Windows 10 launch
NAIROBI: Microsoft Chief Executive Officer Satya Nadella is in Kenya for a surprise visit that cements the country’s dominance as...
Kenya maize prices continue to rise despite increase imports
NAIROBI: Maize prices in Kenya have maintained an upward trajectory despite increased inflows of the produce from the neighbouring countries....
Kenyans made transactions worth 6.7b US dollars on mobile money in Q 2
NAIROBI: Kenyans made transactions worth 6.7 billion U.S. dollars on mobile money in the second quarter, a surge of 21.3...
Kenya Power signs agreement to purchase electricity from 100MW wind farm
NAIROBI: Kenya Power has signed an agreement to purchase electricity from a 100MW wind farm whose construction is expected to...
National Bank of Kenya doubles H1 pretax profit to 2.5b shillings
NAIROBI: National Bank of Kenya doubled its first-half pretax profit to 2.5 billion shillings ($24 million) after its non-interest income...
SkyPower to donate US $2.2M home Solar Kits in Kenya
NAIROBI: SkyPower, the world's largest developer and owner of utility-scale solar projects, recently signed a landmark US $2.2 billion agreement...
Kenya Signs Sh220B deal to develop 1000MW solar power project over next 5 years
NAIROBI: Kenya will Saturday sign a Sh220 billion deal to develop a 1000MW solar power project over the next five...
