Kenya
Kenya economy to rise at 6% in 2016
NAIROBI: Kenya's economy will accelerate slightly in 2016, driven by loose fiscal policy, infrastructure projects and robust private consumption, according...
Deacons Kenya sales 49% stake in Woolworths to S. African firm
NAIROBI: Clothing and household goods retailer, Deacons Kenya Limited, has sold its remaining 49 per cent stake in Woolworths Kenya...
Kenya Revenue Authority upgrading new customs software
NAIROBI: The Kenya Revenue Authority will install a new customs software early next year to replace the faulty Simba system....
Malaysia wants to narrow large trade gap with Kenya
PETALING JAYA: Malaysia wants to narrow the large trade gap with Kenya as it seeks to boost economic ties with...
Kenya’s central bank proposes 2 bln shillings in reverse repos
NAIROBI: Kenya's central bank sought to inject 2 billion shillings ($19.58 million) into the money markets on Friday, saying liquidity...
Kenya’s economy to raise 5.6% in 2015
NAIROBI: The IMF trimmed its forecast for Kenya's economic growth on Wednesday, projecting gross domestic product would expand about 6...
Kenya’s shilling flat on expected US rate hike
NAIROBI: Kenya's shilling was little changed against the dollar on Wednesday, with traders looking for direction from an expected rate...
WTO must deliver trade deals or change role: Kenya
NAIROBI: Ministers meeting this week should decide whether the World Trade Organization continues to negotiate major trade deals that have...
Kenya Airways expands Travel port agreement
NAIROBI: Kenya Airways has announced the extension of its multi-year contract with technology firm Travel port. The agreement means that...
KCB chief executive on Sh4.6m monthly
NAIROBI: KCB Group chief executive Joshua Oigara yesterday followed in the footsteps of his Safaricom counterpart Bob Collymore in publicly...
Kenya signs 3 contracts on renewable energy in Paris
NAIROBI: Kenya has signed three deals on reinforced corporation in sustainable energy intended to drive the country to cut on...
Maize prices to increase as decrease imports
NAIROBI: The cost of Unga is likely to increase following decreased maize imports from neighbouring countries. Large volumes of imports...
Kenya imports from US down 80% in Q1
NAIROBI: KENYA’s imports from the US fell by 80.76 per cent during first quarter of the current financial year, which...
Tourist arrivals in Kenya drop 24% in 2 months
NAIROBI: The number of visitors arriving in the country through the main airports dropped by 16 per cent in August...
Kenya to suffers US Fed hikes rates in next week
NAIROBI: Kenya is likely to take a hit economically from the United States' Federal Reserve rate hike expected next week,...
Kenya offers 37% cut in digital signal fees for TV broadcasters
NAIROBI: The Common Market for Eastern and Southern Africa (COMESA) has granted Kenya a one-year extension of safeguards against cheap...
Kenya Lamu port sluggish due to funding problems
NAIROBI: Construction of the first three berths at Kenya’s second seaport in Lamu has been sluggish due to funding problems,...
Kenya’s imports from US fall 80.76% in Q1 of 2015
NAIROBI: Kenya’s imports from the US fell by 80.76 per cent during first quarter of the current financial year, which...
Lender bank of Africa appoints first Kenyan managing director
NAIROBI: Continental lender Bank of Africa has appointed son of the late celebrated banker Reuben Marambii as its first Kenyan...
Kenya commercial banks help to grow economy
NAIROBI: Kenya Bankers Association launching of the Sustainable Financial Initiative (SFI), expected to help banks and financial institutions balance their...
