Unlike a hurricane, tornado or snowstorm, the ends and beginning of droughts are very hard to predict.» Read More
And the upcoming elections are raising questions about what the new Congress is likely to do. Craig Beal has had three cancellations for safaris to places like Botswana and South Africa that are nine hours by plane from the countries with widespread Ebola outbreaks. A similar pattern emerged after riots in South Africa and a shooting last year at a Nairobi,...
*To initially track residential house prices in Nairobi. NAIROBI, Oct 14- Kenyan bankers will launch a house price index this year to help policymakers take a broader view of changes in the economy and to assist investors in managing risk, an official at the Kenya Bankers Association said. The index will initially cover just the capital Nairobi where property...
NAIROBI, Oct 10- Tullow Oil said on Friday it was facing industrial action at a number of its drilling sites in northern Kenya, and a local leader said the company had evacuated some workers. Independent oil and gas explorer Tullow Oil and its partner in northern Kenya, Africa Oil, have struck commercially viable deposits of oil in the Lokichar basin in Turkana,...
MOMBASA, Kenya, Oct 3- Protesters in Kenya ended a blockade on Friday that had disrupted the transport of cargo by truckers on the main trade artery from Mombasa port to Nairobi and the wider east African region. At least 90 percent of all cargo arriving at the Indian Ocean port of Mombasa is ferried to final destinations in Kenya and landlocked neighbours by road,...
MOMBASA, Kenya, Oct 3- Protesters in Kenya blocked truckers on the only highway from Mombasa port to the capital Nairobi on Friday, threatening to choke the main trade artery with much of east Africa. Kenya's government has said about 30,000 Kenyan workers would be employed to build a multi-billion dollar standard gauge railway from Mombasa to Nairobi, with only...
MOMBASA, Kenya, Oct 1- Proposals by a local authority to impose new taxes on cargo at Kenya's main port has drawn opposition from the government and shippers, saying it will hike import prices and make the east African trade hub less competitive.
*Africa could earn more if it adds value to exports. KIRINYAGA, Kenya, Aug 29- Nancy Njeri lugs a sack of fresh coffee berries to a hilltop factory from her small farm, which produces one of Kenya's main cash crops yet earns barely enough for her family of seven children.
Forecasts for 20 percent net annual returns from investing in shopping malls, office blocks or industrial complexes in countries from Zambia to Kenya is drawing in new investors, despite more immediate concerns in some countries about Ebola, terrorism or political stability.
NAIROBI, Aug 16- Kenya Airways will suspend flights to Liberia's capital Monrovia and Sierra Leone's capital Freetown due to the Ebola outbreak in West Africa, the company said on Saturday. The suspension of the flights will start at midnight on Tuesday Aug. 19, Kenya Airways said in a statement.
Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak.
*Guinea declares health emergency over virus. CONAKRY, Aug 14- Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak, the U.N. agency said on its website on Thursday.
*US orders embassy family members to leave Sierra Leone. An estimated 377 people have died in Guinea since the world's worst outbreak of Ebola began in March in remote parts of a border region near Sierra Leone and Liberia.
CONAKRY, Aug 14- Guinea has declared a public health emergency over an Ebola epidemic that has killed more than 1,000 people in three West African states and is sending health workers to all affected border points, a government official said.
WASHINGTON, Aug 7- Kenyan President Uhuru Kenyatta, in Washington this week to court Western investors, has sought to downplay a spate of violent attacks tied to militants in neighboring Somalia and their impact on Kenya's economy.
*Mobile money faces obstacles to growth outside Kenya,. DAKAR, July 30- IT technician Mansour Diagne is one of the lucky few in Senegal to have a bank account, but when he needs to pay some bills or transfer cash to his sisters on the other side of the crowded capital Dakar, he reaches for his mobile phone.
NAIROBI, July 3- African countries' rapid growth over the past decade may have been the envy of many developed economies, but their number crunchers have struggled to keep up.
NAIROBI, July 3- The United States warned its citizens in Uganda on Thursday about a "specific threat" of an attack on Entebbe International Airport, which is near the capital Kampala, according to a message on the U.S. Embassy website.
*$25.5 bln project to give S.Sudan, Ethiopia sea access. LAMU, Kenya, June 20- The latest in a string of militant attacks on Kenya's coast has dealt a fresh blow to the economy, but the threat this time goes beyond the tourist trade to an ambitious $25.5 billion port and transport scheme next to the historic town of Lamu.
Argentina’s debt default drama has failed to deter investors from emerging market bonds, as the hunt for returns continues.
*Kenya aims to raise $1.5- 2.0 billion in Eurobond. NAIROBI, June 12- Kenya expects its fiscal deficit to fall slightly to about 7.4 percent of gross domestic product for the 2014/ 15 financial year, figures from the finance minister's budget speech showed on Thursday.