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Kenyan shilling weakens on demand from energy sector
The Kenyan shilling weakened against the dollar on Tuesday, undermined by dollar demand from energy sector firms and surplus liquidity in the local mo...
Kenya
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Dry weather threatens Kenya’s 2019 economic growth
Dry weather across much of Kenya is likely to curb the country’s economic growth this year, the World Bank said on Tuesday, as it cut its forecast to ...
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President Kenyatta project 6.3% economic growth for Kenya in 2019
Kenya’s economy should grow an improved 6.3 percent in 2019, President Uhuru Kenyatta said on Thursday, citing an improved business environment and hi...
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Kenya’s government to suspend non-compliant betting firms
Kenya’s Interior Minister Fred Matiang’i has announced that betting companies found to have breached tax compliance laws will be suspended from ...
Kenya’s inflation rate rose to 4.35% in March 2019
Kenya’s inflation rose to 4.35 percent year-on-year in March from to 4.14 percent a month earlier, due to rising food prices, the statistics office sa...
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Kenya’s Consolidated Bank says seeking investor to inject 3.5 bln shillings
Kenya’s Consolidated Bank said on Monday it was seeking an investor, either foreign or local, to inject 3.5 billion Kenyan shillings ($34.21 million) ...
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Kenya says IMF stand-by deal over, will continue engaging with the fund
Kenya’s stand-by loan deal with the International Monetary Fund has expired but the country will continue to talk to the Fund about what funding facil...
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Kenya 428 km power line complete, to add 310 MW to grid by December
A high voltage power line to carry electricity from a 310 megawatt (MW) wind power plant to central Kenya from the north is complete and supply to the...
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Drug company Cipla’s share sale finally hits stockmarket in Kenya
The long awaited Cipla Quality Chemicals Ltd initial public offering launches at the Uganda Securities Exchange this month, with shares selling at bet...
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Kenyatta to meet Trump for trade talks as ties improve between US and Kenya
Kenyan President Uhuru Kenyatta will hold talks with his US counterpart Donald Trump on August 27 in Washington, the White House confirmed on Monday. ...