Kenya
Kenya’s central bank announces surprise 150 basis point rise in benchmark lending rate to 11.50%
NAIROBI: Kenya's central bank announced a surprise 150 basis point rise in its benchmark lending rate to 11.50 percent, saying...
Kenya Airways Technical department offer maintenance to Embraer’s global network of aircraft operators
NAIROBI: Kenya Airways Technical has become an Embraer Authorised Service Centre (EASC), the first in Sub-Saharan Africa and the 10th...
Kenya shilling hit 100 mark against Strong dollar drives
NAIROBI: The Kenya shilling has hit the 100 mark against the US dollar for the first time since October 2011...
Airtel Kenya announces investment program in Kenya totaling Sh19bn over next 3 years
NAIROBI: Airtel Kenya has announced an ambitious investment program in Kenya totaling Sh19 billion over the next three years. The...
150 Chinese firms considering opening up factories, assembling plants, distribution outlets in Kenya
NAIROBI: More than 150 Chinese companies are angling to set up business establishments in the country. The firms are considering...
Kenya Revenue Authority auto tax collection bid on Firms differ over Sh1.2b
NAIROBI: The controversy over the Integrated Management Customs System (ICMS) tender by the Kenya Revenue Authority continues after KRA officials...
Kenyan farmers expand as product prices climb
NAIROBI: Farmer Bernard Watitu’s farm in Juja on the outskirts of Nairobi, Kenya is teeming with tomatoes and capsicum, having...
Kenya launches investment month at World Expo 2015 in Milan
NAIROBI: Kenya has launched an investment month at the World Expo 2015 in Milan, Italy as part of events to...
Drug firm Bliss GVS Pharma wins USD 35mn contract in Kenya
NAIROBI: Drug firm Bliss GVS Pharma has won an annual service contract worth USD 35 million (over Rs 220 crore)...
Kenya Association of Manufacturers receives AGOA extension
NAIROBI: The Kenya Association of Manufacturers (KAM) welcomed the extension of the African Growth and Opportunity Act (Agoa), which allows...
Kenya expects 20 firms to start investing Sh8b in African nation’s textiles industry
NAIROBI: Kenya expects 20 companies to start investing about Sh8 billion ($80 million) immediately in the African nation’s textiles industry...
UAE oil firm Gulf Petrochem Group acquires Essar Petroleum in Kenya
NAIROBI: UAE-based oil firm Gulf Petrochem Group Wednesday announced it had acquired Essar Petroleum East Africa Ltd. The new entity...
Kenya’s Lake Turkana Wind Power project finally starts, promises cheap power
NAIROBI: Consumers are expected to draw the first electricity from the Turkana wind farm in December next year in a...
Kenya’s economy grows 4.9% Q1 of year compared with revised 4.7% in 2014
NAIROBI: Kenya's economy grew to 4.9 percent in the first quarter of the year compared with a revised 4.7 percent...
Kenya’s steel sector protects promise of tougher anti-dumping laws
NAIROBI: The Government has expressed commitment to address challenges faced by local steel manufacturers to enable them reduce the cost...
Farmers benefit from new online tool for seed selection in Kenya
NAIROBI: Farmers in Kenya can now benefit from a new online tool that allows them to quickly obtain information on...
Kenya Airports Authority board defends decision to sack authority’s former Managing Director
NAIROBI: The Kenya Airports Authority (KAA) board has defended its decision to sack the authority’s former Managing Director, Ms Lucy...
Kenya’s 2014 FDI inflows hit 95% to Sh97.8bn in 2014
NAIROBI: Kenya’s 2014 Foreign Direct Investment (FDI) inflows hit 97.8 billion, a 95 percent increase from Sh49.9 billion in 2013,...
Kenya Wildlife Service set up Sh4m museum at Iten, Elgeyo Marakwet to promote tourism activities
NAIROBI: The Kenya Wildlife Service ( KWS) has set up Sh4 million museum at Iten, Elgeyo Marakwet County to promote...
Kenyans livestock include poultry, dairy cows, goats to growing
NAIROBI: It was known for many years in Kenya as a business for the poor in rural areas and the...
