Kenya

05/06/2015

NAIROBI: Kenya's shilling was steady on Friday morning ahead of next week's Monetary Policy Committee meeting when the central bank...

Ecobank Kenya enters bancassurance sector

NAIROBI: Ecobank Kenya Limited has entered into the bancassurance segment with the launch of EcoInsurance Agency Limited. The move by the...

Kenya improves on network readiness grade by six points

NAIROBI: Kenya has improved on network readiness index climbing six points to position 86. Key countries in Africa such as...

Global tobacco firm scales down operations in Kenya

NAIROBI: Global raw tobacco merchant, Alliance One International on Wednesday announced the commencement of a strategic process to scale down...

Kenya’s hydropower generation increases as dams fill up

NAIROBI: KenGen says it's looking to stabilize electricity bills with the increased generation from hydro power. The firm Wednesday said...

Smartphones dominate Kenya’s mobile phone sales

03/06/2015

NAIROBI: One in two mobile devices sold in Kenya today is a smartphone indicating that the country’s mobile phone industry...

Kenya Airways resumes flights to Sierra Leone

03/06/2015

NAIROBI: Kenya Airways will from Tuesday, June 2, 2015 resume direct flights between Accra and Freetown, Sierra Leone. The resumption...

Kenya’s shilling steady, foreign investor inflows help

03/06/2015

NAIROBI: Kenya's shilling was firm in early trading on Wednesday with foreign investor dollar inflows into the stock market providing...

Cement firms jostle for Kenya’s Kitui’s limestone

02/06/2015

NAIROBI: The vast mineral resources in Kitui County have seen several firms work overtime to elbow out their rivals in...

Choppies announces to buy 10 stores in Kenya for $10 million

02/06/2015

NAIROBI: Botswana multinational grocery retailer, Choppies Enterprises, yesterday announced its plan to buy 10 stores in Kenya for $10 million...

Corruption: Kenya investors calls for e-procurement to curb graft

NAIROBI: Kenyan investors have called on the government to seal corruption loopholes by enforcing the use of the e-procurement system...

Cytonn Investment unveils Sh50 billion real estate project

NAIROBI: Cytonn Investment has unveiled a Sh50 billion real estate deal that will see it develop a five-acre aspirational gated...

Kenya inflation falls to 6.87% in year to May

NAIROBI: Kenya's year-on-year inflation fell to 6.87 percent in May from 7.08 percent the previous month, thanks to an easing...

Kenyan shilling steady, main share index down

NAIROBI: The Kenyan shilling was steady on Friday, supported by the previous day's intervention by the central bank which sold...

Tax experts push for user-friendly payment platform

NAIROBI: Kenya Revenue Authority (KRA) has been urged to install more user friendly features on its iTax platform so as...

Kenya: CMA wants issuers of Real Estate Investment Trusts cushioned from tax

NAIROBI: The Capital Markets Authority is hopeful its proposal to have issuers of Real Estate Investment Trusts and Asset Backed...

Fighting graft is every Kenyan’s business

NAIROBI: The war against corruption cannot be the Government's alone. It cannot be partisan. It is a war that must...

Big blow to Kenya farmers as MPs reject Sh1.5b State fertiliser

NAIROBI: About 25,000 farmers stand to lose out on cheaper fertiliser in the next financial year after the budget committee...

Kenya’s Co-operative Bank plans to make all branches profitable

HARARE: Co-operative Bank has put plans in place to sustain its growth momentum and profitability. Group Chief Executive Gideon Muriuki...

Wellness Centre in Kenya launches new anti-aging technology