Kenya
Kenya Govt writes off Sh39.7 bln shillings owes by sugar firms
NAIROBI: The Government will write-off Sh39.7 billion shillings that sugar companies owe to the Sugar Development Levy Fund. President Uhuru Kenyatta...
Kenya Tourism Board this week held discussions with Dubai Cooperation
NAIROBI: The Kenya Tourism Board (KTB) this week held discussions with the Dubai Cooperation for Tourism and Commerce Marketing at...
Kenya’s shilling gains ground, boost rising interest rates on Govt securities, tea agencies
NAIROBI: Kenya's shilling gained ground on Friday, boosted by rising interest rates on government securities and tea agencies selling dollars...
Orange in final round of talks to sale 70% stake in Kenya business
NAIROBI: France's Orange SA is in the final round of talks to sell its 70 percent stake in its Kenya...
KQ signs agreement with KICC to increase tourism
NAIROBI: Kenya Airways has partnered with Kenyatta International Convention Centre to market Kenya as a key tourist destination. Under a...
Kenya’s inflation rate rises to 5.97 % YOY in September
NAIROBI: Kenya's inflation rate rose slightly to 5.97 percent year-on-year in September from 5.84 percent a month earlier, the statistics...
Kenya’s economic growth slows to 5.5 % YOY in Q2 as manufacturing
NAIROBI: Kenya's economic growth slowed to 5.5 percent year-on-year in the second quarter as manufacturing, construction and financial services weakened,...
Central Bank of Kenya blames commercial banks for baseless predictions
NAIROBI: The Central Bank of Kenya blames commercial banks and unfounded predictions from market analysts, for the year instability in...
Kenya’s 2015 second quarter economic growth slowest in 5 years
NAIROBI: Kenya’s 2015 second quarter economic growth is the slowest in five years, official data showed yesterday with manufacturing and...
Equity Bank announces close acquisition of 79% equity stake
NAIROBI: Equity Bank has announced that it has closed the acquisition of 79 per cent equity stake in Congolese bank...
Kenya faces cereal deficit of 2,957MT in 2015
NAIROBI: Kenya will experience a cereal deficit of 2,957 metric tonnes this year in what is set to push up...
Kenya’s fresh, animal produce exports to peak European markets
NAIROBI: Kenya's fresh and animal produce exports to top European markets could be reduced unless the country meets the high...
Kenya’s Mumias Sugar reports bigger loss in full year
NAIROBI: Kenya's Mumias Sugar on Tuesday reported a bigger loss before tax in the full year to June, hurt by...
Kenya dairy farmers threaten to stop supplying raw milk to processing plants
NAIROBI: Dairy farmers have threatened to stop supplying raw milk to processing plants citing exploitative prices. The farmers are disappointed...
Coffee consumption in Kenya expected to grow
NAIROBI: Coffee consumption in Kenya is projected to grow, following the entry of more players in the local coffee retail...
Kenya Govt begins spend 1.4b shillings likely to help farmers improve quality
NAIROBI: The government has begun disbursing the 1.4 billion shillings that is expected to help farmers improve the quality of...
Kenya launches world’s first Treasury bond to sale via mobile phone
NAIROBI: Kenya on Monday launched the world’s first Treasury bond to be offered exclusively via mobile phone and slashed the...
Sky Power plans to double investment in Kenya’s solar infrastructure to $4.4b
NAIROBI: Canadian solar developer SkyPower said it plans to double its investment in Kenya’s solar infrastructure to $4.4 billion after...
KCB receives positive ratings from global credit rating agencies
NAIROBI: Kenya Commercial Bank Group has received positive ratings from global credit rating agencies Standard & Poor’s and Moody’s. The two...
Kenya Revenue Authority settles VAT refund claims
NAIROBI: Kenya Revenue Authority (KRA) will settle all Value Added Tax refund claims that it owes business entities before the...
