Kenya
Toyotsu unveils certification for second-hand cars
NAIROBI: Toyotsu Auto Mart Kenya, a second-hand car subsidiary of Toyota Kenya on Wednesday unveiled a certification programme that will...
Kenya’s second biggest import item, accounting for 25% of total imports
NAIROBI: Kenya’s oil import bill has dropped considerably as the cost of crude oil remains low globally. Kenya is importing...
IMF gives Kenya Sh67.5 bln loan to tame shilling’s free fall
NAIROBI: The volatile shilling has got a major boost after Treasury said that it had secured Sh67.5 billion precautionary loan...
Kenyans pay more for fuel after ERC price review
NAIROBI: Fuel prices are up for the third month in a row, after the Energy Regulatory Commission (ERC) reviewed prices...
World Food Program Cuts Rations to Kenya by 30%
NAIROBI: Amid dwindling supplies and funding, the United Nations World Food Program, which supplies emergency rations to roughly 80 million...
Kenya visitor numbers fall 25% as terrorism hits tourism
NAIROBI: Visitors to Kenya are down 25 per cent this year as the country's tourism industry feels the effects of...
Bank lending rates to increase as CBR hits by 10% in Kenya
NAIROBI: Interest rates are set to increase after the Monetary Policing Committee (MPC) raised the Central Bank Rate by 1.5...
Kenya possible to borrow Sh700bn externally to finance budget
NAIROBI: Kenya could borrow more internationally as it seeks to bridge the Sh700 billion deficit in the 2015/2016 budget set...
Maersk eyes ports in Nigeria, Kenya
Cape Town: AP Moeller-Maersk A/S, owner of the world’s largest shipping container line, is seeking to win contracts to build...
Maersk seeks to build new port in Nigeria, Kenya
CAPE TOWN: AP Moeller-Maersk A/S, owner of the world’s largest shipping container line, is seeking to win contracts to build...
Inflation risk spells first Kenyan rate increase since 2011
NAIROBI: Kenya’s central bank is poised to raise borrowing costs for the first time in 3 1/2 years to stop...
Kenya Bankers Association insists to adopt more card use than cash
NAIROBI: The Kenya Bankers Association (KBA) is encouraging Kenyans to use their debit and credit cards more at points of...
KCB plans to spend Sh1 billion on livestock farming
NAIROBI: The Kenya Commercial Bank (KCB) plans to spend Sh1 billion over the next ten years to improve livestock production...
Kenyan experts act to control chemical residuals in fresh produce
NAIROBI: Kenyan experts on Sunday expressed concern over a sharp increase in chemical residual in fresh produce consumed in the...
SunGard to open office in Nairobi
NAIROBI: American Financial software company, SunGard Financial Systems (SunGard) is set to open a new office in Nairobi to serve...
Kenya customs seizes ivory smuggled of poached to Asia
NAIROBI: Authorities in Kenya said Friday they had established a link between the smuggling of poached ivory to Asia and...
IMF pegs Kenya’s 2015 economic growth at 6.5%
NAIROBI: The International Monetary Fund (IMF) is forecasting 6.5 per cent economic growth for Kenya in 2015, a rare concurrence...
CS Kaimenyi seeks extra billions for education
NAIROBI: The Education Ministry is seeking to have its budgetary allocation for the 2015/2016 financial year increased to cater for...
Kenya Civil Aviation suffers blow after court declines to halt Sh1.4b deal
NAIROBI: Aviation industry regulator, Kenya Civil Aviation Authority (KCAA) has suffered yet another blow after the Appeal Court declined to...
Affluent retirees increase tourism in Kenya
NAIROBI: Kenya has launched a campaign targeting affluent retirees from developed countries to revive the struggling tourism industry. East African...
