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Business Kenya

  • WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. HONG KONG, China- Managing Director of the International Monetary Fund, Christine Lagarde delivers a speech in Hong Kong. BEIJING, China- Yi Gang, governor of the People's Bank of China, will speak at the annual Boao Forum- 0100 GMT.

  • **BOAO, China- Chinese President Xi Jinping and a list of foreign leaders, including Philippine President Rodrigo Duterte, Pakistani Prime Minister Shahid Khaqan Abbasi, United Nations Secretary-General Antonio Guterres and IMF's managing director Christine Lagarde are to speak at the opening of the annual Boao Forum in Hainan province- 0130 GMT.

  • NAIROBI/ LAGOS, April 4- In Kenya, which has a large and fast growing population of internet users, there are no specific laws or regulations to protect the privacy of those individuals. Kenya is not alone in Africa, which as a region has clocked the world's fastest growth in internet use over the past decade. Unlike in Europe and the United States, where data-privacy...

  • Whistleblower Christopher Wylie on March 26, 2018, in London, England.

    Cambridge Analytica is a bad example of modern day colonialism, whistleblower Christopher Wylie said at a U.K. parliamentary hearing on Tuesday.

  • Former Cambridge Analytica employee Christopher Wylie speaks about the firm's operations in Kenya and India.

  • Kenya's President Uhuru Kenyatta takes the oath of office during his inauguration ceremony in Nairobi, Kenya, on November 28, 2017.

    Kenyans' exposure to smartphones and social media impacted last year's elections in a new way, according to one Nairobi-based data analysis firm.

  • *Kenya grows high quality arabica beans. KIRINYAGA, Kenya, March 21- When Nestle executive Stephan Canz attended the German school in Nairobi in the early 1980 s, it was surrounded by lush coffee farms. Kenya accounts for just 1 percent of the global crop, but its high-quality arabica beans are sought-after for blending with other varieties.

  • NAIROBI, March 12- Telkom Kenya relaunched a mobile financial services platform on Monday that it hopes can challenge Safaricom's dominance of Kenya's lucrative mobile money market. Telkom, which is 60 percent- owned by London- based Helios Towers, is Kenya's third biggest telecommunications company by users. Kenya's mobile market is lucrative, attracting...

  • Secretary of State Rex Tillerson cancelled scheduled events on Saturday on the second day of a visit to Kenya because he had been feeling unwell, a State Department spokesman said, adding that he would resume his programme on Sunday. "Some events will go ahead without him, while they are looking at the possibility of rescheduling others," said Goldstein,...

  • US Secretary of State Rex Tillerson attends UN Security Council meeting concerning North Korea's nuclear ambitions on December 15, 2017.

    "Some events will go ahead without him," a State Department spokesperson said.

  • Secretary of State Rex Tillerson said on Friday in Nairobi that he had shared his concerns with Kenya's president about the importance of democracy and said the government should not stifle the media and threaten the courts. "We believe that there are actions that need to be taken in Kenya and that they need to correct certain actions like shutting down...

  • NAIROBI, March 6- When Sebastian Mikosz took over as CEO of loss-making Kenya Airways last June, he immediately shut its outlet in Nairobi's downmarket Accra Road, which served thousands of small traders who fly to the Far East to buy cheap goods in bulk. Polish native Mikosz, who helped turn around flag carrier LOT Polish Airlines as its chief executive, needs to...

  • If the Pacific nation of Kiribati can't resolve rising sea levels, citizens could become "climate refugees," the country's former president warned.

  • That case drew global attention to the jihadist group, which has sought to create an Islamic caliphate in Nigeria's northeast. "The Chibok girls' kidnapping came to symbolise all that was wrong with Goodluck Jonathan's administration, and the danger Buhari faces is that this mass abduction could do the same to him," said Antony Goldman, of Nigeria-focused PM...

  • *Shoprite plans to open first stores in Kenya in 2018. JOHANNESBURG, Feb 27- Africa's biggest supermarket chain, Shoprite Holdings, will take advantage of disarray in Kenya's grocery sector to open its first stores in the major East African market by the end of this year. Chief executive Pieter Engelbrecht said Shoprite had never considered Kenya before because...

  • LOKICHAR, Kenya, Feb 23- In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone church-run health centre in Lokichar town for medical help. Kenyatta's Jubilee Party, which controls 213 of parliament's 349 seats, is likely to back the revised law, but some of its...

  • NAIROBI, Feb 21- Kenya began a dollar bond sale on Wednesday that analysts said could reach £3 billion, hours after the International Monetary Fund said the country cannot currently access its $1.5 bln standby credit facility because conditions have not been met. Clarifying comments made by its representative in Kenya, Jan Mikkelsen, a day earlier, the IMF said...

  • NAIROBI, Feb 21- Kenya's $1.5 bln standby credit facility remains in place until the end of March 2018, but the country cannot access it because conditions have not been met, the International Monetary Fund said on Wednesday, clarifying comments given a day earlier. "Kenya continues to have access to resources since June subject to policy understandings to...

  • NAIROBI, Feb 21- Kenya's $1.5 bln standby credit facility remains in place until the end of March 2018, the International Monetary Fund said in a statement on Wednesday, contradicting a statement given a day earlier that access to the facility was lost in June. On Tuesday, Jan Mikkelsen, IMF representative in Kenya, told Reuters that access to the two-year...

  • *Kenya's Treasury has published a fiscal consolidation plan. NAIROBI, Feb 20- The International Monetary Fund said it stopped Kenya's access to a $1.5 billion standby credit facility last June after failing to agree with the government on a reduction of the fiscal deficit. "The programme has not been discontinued but access was lost in mid-June because a review...