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Business Kenya

  • A U.S. Border Patrol officer and his K-9 search for a group of illegal immigrants near U.S.-Mexico border on August 15, 2016 in McAllen, Texas.

    The border security market is expected to grow to $23.7 billion by 2025, NBC News reports.

  • NAIROBI, Jan 18- Privately-owned Nakumatt, Kenya's biggest supermarket chain by sales, has agreed to sell a 25 percent stake to a foreign fund for $75 million, part of an effort to bolster its balance sheet and pay off debts, its managing director said on Wednesday. Nakumatt, which started with a single store in Nairobi in 1992, operates 68 outlets in Kenya and...

  • State broadcaster Central China Television has rebranded its international networks and digital presence under the name China Global Television Network.

  • NAIROBI, Dec 2- China's Exim Bank has expressed interest in financing the third section of Kenya's planned rail link with Uganda at an estimated cost of $4.9 billion, a senior Kenya Railways official said on Friday. "China Exim Bank has expressed an intention to finance this," Atanas Maina, Kenya Railways managing director, told a news conference.

  • China has imposed stricter checks on outbound investment deals to safeguard its reserves, the SCMP reports.

  • MERU, Kenya, Nov 11- Kenya is relaxing some of its tea industry rules to encourage production of new varieties in an effort to boost earnings for farmers of the crop, which is now one of the country's top hard currency earners. China still dominates white tea production, but Kenya and other growers are starting cultivation. Samuel Ogola, the interim head of industry...

  • *Kenya is a small, high quality global coffee grower. OTHAYA, Kenya, Nov 9- Kenya plans to increase coffee roasting and is encouraging farmers to link up with foreign partners who can help build markets abroad, to add value to its raw bean exports that are a major source of foreign exchange. Kenya grows just 1 percent of the world's coffee a year, but punches above its...

  • *Kenya, Ghana attract insurers, markets still modest. NAIROBI, Oct 31- Families gather at Nairobi's Garden Square restaurant each evening seeking donations from friends and relatives to meet spiralling medical, school and funeral costs. Changing attitudes and rising disposable incomes in many parts of Africa, from Kenya in the east to Ghana in the west, are...

  • *Property prices drop sharply in Nigeria due to recession. *Nigeria attractive only for high-risk investors with patience. LAGOS, Oct 20- A property market crash in Nigeria offers opportunities for brave investors betting that Africa's most populous nation will deliver high returns when it climbs out of recession.

  • Malik Obama in this 2012 file photo.

    Donald Trump's campaign manager Kellyanne Conway tweeted she was hanging out with Obama's Republican half-brother, Malik Obama.

  • Malik Obama, half-brother of U.S. President Barack Obama

    Malik Obama, Barack Obama's half-brother, will attend the final presidential debate as a guest of Donald Trump, reports NBC.

  • LAGOS/ LONDON, Oct 13- When around 100 Nigerian youths staged a protest calling on Central Bank Governor Godwin Emefiele to resign over the slide in the naira, bank officials were keen to play it down. A central bank spokesman denied that there had been an actual media gag, but no major newspaper reported the protest after a meeting with the bank.

  • *Minister on cabinet sub-committee on Kenya Airways. NAIROBI, Oct 12- Restructuring loss-making carrier Kenya Airways will take a month, the government said on Wednesday, appealing to pilots to withdraw a strike notice and join discussions. Visitor numbers and earnings have sagged, after peaking in 2011, hurt by security worries stoked by Somali Islamist...

  • NAIROBI, Oct 11- Many guns imported by the Somali government with U.N. approval are being resold by arms dealers on the black market in the nation's capital Mogadishu, two Western diplomats said. The United Nations imposed a blanket arms embargo on Somalia shortly after the nation plunged into civil war 25 years ago. The two diplomats, who declined to be named...

  • KINSHASA, Sept 7- In a renovated warehouse in Kinshasa, dozens of young Congolese wearing headsets sit in rows of identical orange cubicles, fielding phone calls in six different languages. Congo's first call centre gives a glimpse of how the central African country could follow a path already taken by the Philippines and India, which have long hosted low-cost...

  • KINSHASA, Sept 7- In a renovated warehouse in Kinshasa, dozens of young Congolese wearing headsets sit in rows of identical orange cubicles, fielding phone calls in six different languages. Congo's first call center gives a glimpse of how the central African country could follow a path already taken by the Philippines and India, which have long hosted low-cost...

  • KINSHASA, Sept 7- In a renovated warehouse in Kinshasa, dozens of young Congolese wearing headsets sit in rows of identical orange cubicles, fielding phone calls in six different languages. Congo's first call centre gives a glimpse of how the central African country could follow a path already taken by the Philippines and India, which have long hosted low-cost...

  • KINSHASA, Sept 7- In a renovated warehouse in Kinshasa, dozens of young Congolese wearing headsets sit in rows of identical orange cubicles, fielding phone calls in six different languages. Congo's first call center gives a glimpse of how the central African country could follow a path already taken by the Philippines and India, which have long hosted low-cost...

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.

  • Sept 5- Following is the full text of a communique released on Monday by G20 leaders following a summit in Hangzhou, China:. We, the Leaders of the G20, met in Hangzhou, China on 4-5 September 2016. We met at a time when the global economic recovery is progressing, resilience is improved in some economies and new sources for growth are emerging.