Kenya
Kenya Tourism Board renovates marketing drive in Italy
NAIROBI: Kenya Tourism Board has trained seventy travel agents to market the country in Italy as part of ongoing tourism...
Kenya expects to catch up revenue shortfalls in fiscal year
NAIROBI: Kenya expects to catch up with revenue shortfalls in the 2015/2016 fiscal year and will be hiring consultants to...
Kenyan firms consider exporting oil from Uganda via pipeline
NAIROBI: Total's Chief Executive Patrick Pouyanne said on Thursday that his firm was considering exporting oil from Uganda via a...
Kenya Bureau of Standards to rid of fake goods
NAIROBI: The volume of imported goods has consistently been on the increase and in 2014; the value of imports grew...
World Bank, IMF urges Kenya to cut expenditure on non priority projects
NAIROBI: The World Bank and the IMF wants the government to cut expenditure on non-priority projects to ease pressure on...
Kenya Power signs power purchase agreements with 4 local generators
NAIROBI: Kenya Power has signed power purchase agreements with four local generators for the uptake of 20.8MW additional power capacity...
Kenya Revenue Authority plans tighter tax net for small project
NAIROBI: Kenya Revenue Authority (KRA) is considering integrating more small and micro entrepreneurs into the tax base by fast tracking...
Kenya tobacco exports rake in over $500m from $102.3m
NAIROBI: The country has realised over $500 million from 102,3 million kilogrammes of tobacco exported to different parts of the...
Kenya’s Central Bank affirms investors of stability in banking sector
NAIROBI: Kenya's Central Bank has affirmed investors of the stability in the banking sector after local banks took a hit...
Kenya’s Uchumi supermarket closes Tanzania, Uganda businesses
NAIROBI: Kenya's Uchumi supermarket is to close its loss-making Tanzanian and Ugandan businesses as part of a turnaround plan to...
Kenya economy expected to expand 5.4% this year
NAIROBI: Volatility on Kenya’s domestic foreign-exchange market and the monetary policy response to calm those fears will damage the country’s...
Production of important foodstuffs increase in Kenya over past 5 years
NAIROBI: Production of important foodstuffs has been on the increase in the country over the past five years, according to...
Uganda plans to start crude oil production by 2018
KAMPALA: Uganda is considering its options on building an oil pipeline passing through Kenya after raising several concerns mainly on...
Britam spends Sh3b to set up IT system to link businesses in 7 countries
NAIROBI: Britam will spend more than Sh3 billion to set up an IT system that will link its businesses in...
Kenya’s central bank places Imperial Bank under Statutory Management
NAIROBI: Kenya’s central bank placed Imperial Bank Ltd., which completed a bond sale earlier this month, under statutory management because...
Kengen reports 308% growth in net profit to Sh11.5b from Sh2.8b in 2014
NAIROBI: Electricity generating company Kengen yesterday reported a 308 per cent growth in net profit to Sh11.5 billion from Sh2.8...
Kenya’s Govt talks with banks for $750 mln syndicated loan
NAIROBI: Kenya’s government is in talks with banks for a $750 million syndicated loan, a person familiar with the discussions...
Cooking gas prices rise for first time in Sep after 8-month decline
NAIROBI: Cooking gas prices rose for the first time in September after a consistent fall from January, the Kenya National...
Kenya’s investment in Tanzania reaches $1.685m in 518 projects
NAIROBI: Kenya’s investments in Tanzania have reached 1.685 million US dollars in 518 projects creating 55,762 jobs. The Executive Director...
Liquidation process of Dubai Bank of Kenya continue as no order stopping
NAIROBI: The liquidation process of Dubai Bank of Kenya will continue as there is no order stopping it. High Court...
