Business Kenya

  • NAIROBI- Central bank of Kenya monetary policy meeting- 0000 GMT. TUESDAY, JULY 26 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at Nedbank group's annual investment summit on "the role of business in securing a more prosperous and inclusive future for all South Africans"- 0700 GMT. ANKARA- Turkey central bank to publish quarterly inflation...

  • JOHANNESBURG, July 22- Kenya's central bank will cut interest rates in November in east Africa's biggest economy as inflation is expected to moderate toward year-end, a Reuters poll found on Friday. "I see this as a pause in monetary policy easing, I don't necessarily see it as the end," said Jibran Qureish, economist at Standard Bank in Nairobi.

  • *Nigeria likely to raise rates to 13.00 pct on Tuesday. JOHANNESBURG, July 22- Nigeria's central bank is likely to raise interest rates on Tuesday in an attempt to curb soaring inflation and attract foreign capital, but it runs the risk of triggering a recession, a Reuters poll showed on Friday. Even so, the median forecast from a Reuters poll of 13 analysts taken July...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT. MONDAY, JULY 25 JERUSALEM- Bank of Israel interest rate decision- 1300 GMT.

  • WEDNESDAY, JULY 20 BEIJING- World Bank Group President Jim Yong Kim to visit China. THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT.

  • JUBA/ UNITED NATIONS, July 10- Renewed fighting erupted in South Sudan's capital on Sunday and forces loyal to Vice President Riek Machar said his residence was attacked by the president's troops, raising fears of a slide back into full-blown conflict in the five-year-old nation. At least 272 people have been killed in the fighting, a Health Ministry source told...

  • *South Sudan trying to rebuild after two-year civil war. JUBA, July 10- Renewed fighting erupted in South Sudan's capital on Sunday and forces loyal to Vice President Riek Machar said his residence was attacked by the president's troops, raising fears of a slide back into full-blown conflict in the five-year-old nation. At least 272 people have been killed in the...

  • *South Sudan trying to rebuild after two-year civil war. JUBA, July 10- Renewed fighting erupted in South Sudan's capital on Sunday and forces loyal to Vice President Riek Machar said his residence was attacked by the president's troops, raising fears of a slide back into full-blown conflict in the five-year-old nation. "I am deeply frustrated that despite...

  • *South Sudan trying to rebuild after two-year civil war. JUBA, July 10- Renewed fighting erupted in South Sudan's capital on Sunday and forces loyal to Vice President Riek Machar said his residence was attacked by the president's troops, raising fears of a slide back into full-blown conflict in the five-year-old nation. At least 272 people have been killed in the...

  • TUESDAY, JUNE 21 CANCUN, Mexico- The Organisation for Economic Co-operation and Development's Ministerial Meeting on the Digital Economy: Innovation, Growth and Social Prosperity, to move the digital agenda forward in four key policy areas foundational to the growth of the digital economy. ANKARA- Turkey central bank monetary policy meeting- 1100 GMT.

  • NAIROBI, June 9- Kenya's biggest telecoms company Safaricom is joining up with a local software firm to launch a ride-hailing company to take on Uber as it seeks new sources of revenue, its chief executive said. Safaricom, which is 40 percent owned by Britain's Vodafone, and Nairobi- based software developer Craft Silicon will launch the app called Littlecabs in...

  • *Ethiopia seeks to industrialise poor, agrarian economy. ADDIS ABABA, June 1- Ethiopia has grand ambitions for its tiny auto industry, seeking to transform a handful of assemblers that bolt together imported kits into a network of factories that can make the country Africa's biggest car manufacturer over the next two decades. Ethiopia produces about 8,000...

  • MONDAY, MAY 23 BEIJING- Federal Reserve Bank of St. Louis President James Bullard gives Beijing City Lecture on the U.S. economy and monetary policy before the Official Monetary and Financial Institution Forum- 0930 GMT. ROME- IMF head of mission Rishi Goyal and vice director for Europe Thanos Arvanitis hold a news conference to discuss their latest annual...

  • WEDNESDAY, MAY 18 MOSCOW- The Credit Suisse 2016 Emerging Markets Conference- Russia: Gloom or Bloom. Speakers: Russian Deputy Finance Minister Maxim Oreshkin, Bank of Russia First Deputy Governor Ksenia Yudaeva and Russian Deputy Prime Minister Arkady Dvorkovich. Speakers: Bank of Slovenia Governor Bostjan Jazbec, National Bank of Belgium Governor Jan Smets,...

  • SEJONG, South Korea- The state-run Korea Development Institute and the finance ministry will host an OECD seminar in Sejong in light of the OECD's publication of a report on the South Korean economy- 0100 GMT. ACCRA- The Bank of Ghana announces rate decision- 1100 GMT. TUESDAY, MAY 17 BELGRADE- The National Bank of Serbia announces rate decision- 1000 GMT.

  • KIGALI, May 13- African economies must reduce trade barriers and make it easier for people and goods to cross borders to boost growth in the face of headwinds from a commodity price drop, African officials and delegates at the World Economic Forum in Rwanda said. "As we develop the regional markets in Africa, we'll reduce the susceptibility of Africa to these...

  • SEOUL- The Bank of Korea's monetary policy meeting to announce interest rates- 0100 GMT. PRAGUE- The Czech National Bank to publish the minutes of May policy meeting- 0700 GMT. MONDAY, MAY 16 SEJONG, South Korea- The state-run Korea Development Institute and the finance ministry will host an OECD seminar in Sejong in light of the OECD's publication of a report on the...

  • CNBC Update: Syrian explosions, Uber protest

    Two blasts stuck a village in Syria; a woman was found alive in a collapsed building in Kenya; hundreds of taxi drivers in Sao Paulo protest against Uber, reports CNBC's Sue Herera.

  • *Kenya reviewing taxes and levies on tea- official. NANDI HILLS, Kenya, April 25- Kenya is reviewing taxes and levies on tea production after industry executives and farmers said the charges were putting them at a competitive disadvantage. Kenya earned 125.25 billion shillings from tea exports last year on output of 399.21 million kg.