Kenya
Kenya’s economy to grow at 6.4% in 2016
NAIROBI: A new report projects Kenya's economy will grow at 6.4 per cent in 2016, cementing the World Bank's overview...
Russia, Kenya to enhance bilateral trade ties
MOSCOW: President Uhuru Kenyatta on Wednesday held talks with Russia’s Senate Speaker Valentina Matviyenko, who paid him a courtesy call...
Pancontinental posts Sh43b net loss after exiting Kenya
NAIROBI: Australian exploration company Pancontinental Oil & Gas posted a Sh43 billion ($41.9 million) net loss for the year ended...
Kenya mobile money transfers hit Sh1.81tn in 8 months of 2015
NAIROBI: Mobile phone payments hit a record high in August, underlining Kenya's rising status as a global leader in mobile...
Barclays Bank introduces free internet service in banking halls in Kenya
NAIROBI: Barclays Bank has introduced free internet service in its banking halls in a move to improve customer experience. Customers...
Kenyan shilling strengthens as foreign investors buy high yielding debt
NAIROBI: The Kenyan shilling strengthened on Thursday as foreign investors bought Kenya’s high-yielding debt. Stocks were down. At the close...
Family Bank lists Sh4b bonds at Nairobi Securities Exchange
NAIROBI: FAMILY Bank yesterday listed a Sh4 billion bond at the Nairobi Securities Exchange, which is part of the Sh10...
Kenyan businesses growth drops to record low
NAIROBI: Confidence among Kenyan businesses has hit a record low as the slump of the shilling begins to take its...
Economic growth sets to slow in Africa to 3.7% in 2015
NAIROBI: Economic growth is set to slow in Sub-Saharan Africa to 3.7 per cent this year, its weakest pace since...
Kenya more than double electricity sales to Uganda
NAIROBI: Kenya has more than doubled electricity sales to Uganda and looks to start supplying Rwanda by year end following...
Kenyan farmers plans to increase export of livestock products to Europe
NAIROBI: Kenya government is in the process of developing livestock disease free zones to enhance export of livestock products to...
Money sent home by Kenyans living abroad rises by 3.2% in August
NAIROBI: Money sent home by Kenyans living abroad rose by 3.2 percent in the month of August, to $132.9 million,...
Kenyan shilling strengthens against dollar on yields
NAIROBI: The Kenyan shilling strengthened against the dollar on Tuesday, boosted by rising yields on government securities and a positive...
Kenya’s Govt plans to cut non-priority spending this financial year
NAIROBI: Kenya's government plans to cut some non-priority spending this financial year to balance the books after its borrowing costs...
World Bank says Kenya economy continue to grow at robust pace in 2016
NAIROBI: World Bank yesterday said Kenya economy would continue to grow at a robust pace in 2016 despite the weakened...
Kenya Revenue Authority says SMEs to raise number of taxpayers
NAIROBI: Kenya Revenue Authority has said it will target small and medium sized enterprises to raise the number of taxpayers...
World Bank predicts Africa’s economy slow to 3.7% in 2015
NAIROBI: Sub-Saharan Africa's growth will slow in 2015 to 3.7 percent from 4.6 percent in 2014, reaching the lowest growth...
Kenya Govt appoints 342 new board members across 87 parastatals
NAIROBI: The government has appointed 342 new board members across 87parastatals, according to a special Kenya Gazzette published last Friday. Young...
Dubai client hits at central bank of Kenya over its closure
NAIROBI: The ongoing liquidation of the collapsed Dubai Bank has taken a twist after a depositor moved to court last...
Central Bank of Kenya warns supermarkets, retail chains
NAIROBI: The Central Bank of Kenya (CBK) has cautioned supermarkets and retail chains against the issuing of alternative products in...
