GO
Loading...

Kenya

More

  • BULOBA, Uganda, Dec 23- From the coffee plantations of Uganda to the maize fields of Zambia, the collapse in world oil prices has so far brought few benefits for African farmers, with stubbornly high pump prices and voracious middle-men maintaining a squeeze on margins. Only in South Africa, the continent's most sophisticated economy and one of its top...

  • Kenya cuts maximum retail prices of fuel Sunday, 14 Dec 2014 | 7:50 AM ET

    NAIROBI, Dec 14- Kenya's Energy Regulatory Commission cut the maximum retail prices of petroleum products on Sunday saying the cost of importing refined products had fallen. The ERC reduced the maximum price of a litre of petrol in the capital Nairobi by 4.5 percent to 102.01 shillings, but still far higher than the 70- 80 shillings it retailed at in 2009, when the...

  • NAIROBI, Nov 25- Kenya's largest mobile phone firm Safaricom said on Tuesday it had signed a deal with the government to construct a security system worth 14.9 billion shillings. The awarding of the contract to Safaricom, which is 40 percent owned by Britain's Vodafone, had sparked a row when critics complained that it had been awarded without an open bidding...

  • *Kenya issued $2 bln Eurobond on Irish exchange in June. DIANI, Kenya, Nov 24- Kenya could cross-list its $2 billion Eurobond on the Nairobi bourse, Deputy President William Ruto said on Monday, telling investors that the yield on Kenyan debt is likely to fall as inflation eases. "I'm happy now that the stock exchange in Kenya is prepared to work with us as government to...

  • *Good weather, bigger harvest lead to glut. NANDI HILLS, Kenya, Nov 16- Emerald-coloured tea bushes blanketing the rolling hills of Nandi County have long provided a livelihood for small-scale farmers, helping make Kenya one of the world's biggest tea exporters. Samuel Busienei, a 72- year-old tea farmer, says he earns 40 percent less for each kilogramme of tea sold...

  • NAIROBI, Oct 31- Kenya, like other nations on a continent that boasts some of the fastest growth rates in the world, is racing to upgrade neglected infrastructure, improve regulations and revise often outdated economic figures to spur investment. But Kenya's challenges, many of which are mirrored across Africa, are formidable if it wants to build on recent gains.

  • Kenya bankers to launch house price index Tuesday, 14 Oct 2014 | 9:24 AM ET

    *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.

  • Ebola toll much higher than first thought: WHO Thursday, 14 Aug 2014 | 8:13 PM ET

    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.

  • Guinea declares public health emergency over Ebola Thursday, 14 Aug 2014 | 10:35 AM ET

    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.

  • INSIGHT-Mobile money grows in Africa but hurdles remain Wednesday, 30 Jul 2014 | 10:13 AM ET

    *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.