3034 Stories, most recent news story added 1 hour 23 minutes ago
Nov. 23 (Bloomberg) -- Kenya’s central bank may resume interest rate cuts tomorrow, reducing the benchmark rate by half a percentage point as inflation eases and lending growth slows, a survey showed.
Nov. 24 (Bloomberg) -- Kenya’s government named a group led by PricewaterhouseCoopers LLP to provide advisory services for the sale of Consolidated Bank of Kenya Ltd., the Standard reported, citing Solomon Kitungu, chief executive officer of the Privatization Commission.
Logan Coleman shows off a memento. PHOTO BY ERIKA MAGUIRE She’s traveled halfway across the world, organized her own month-long trip to Kenya, studied the modernization of African cultures, interned with the Damanga Coalition for Freedom and Democracy, speaks near fluent Swahili, and one day hopes to work alongside the African Union. Oh, and she’s only 16 years old. Logan Coleman, a ...
Nov. 23 (Bloomberg) -- Investors should favor Nigerian banks over their Kenyan counterparts as growth prospects are better for lenders in the oil exporting country, according to Renaissance Capital.
The shares of 15 companies gained, 14 declined and 26 were unchanged. The following were among the most active stocks on the Nairobi Stock Exchange today.
The shares of 14 companies gained, eight declined and 33 were unchanged. The following were among the most active stocks on the Nairobi Stock Exchange today.
Nov. 23 (Bloomberg) -- Kenya’s tea production fell 7.4 percent in October to 32.7 million kilograms compared with the same month the year earlier because of a drought.
BMI's proprietary Drug Expenditure Forecast Model reveals that the Kenyan pharmaceutical market will return to a double-digit growth rate in 2009 (in local currency terms), after declining to single-digit growth the previous year.
NAIROBI, Kenya — The bullet hit mother and son as they walked through Somalia's capital. She felt a sharp pain in her palm. Then she saw her 8-year-old: The bullet tore through his cheekbones, nose and mouth. Blood gushed down to his waist.
Nov. 20 (Bloomberg) -- Kenya, east Africa’s biggest economy, has extended the deadline for investors to buy its second infrastructure bond to Dec. 1, the central bank said today in a statement in Nairobi-based Daily Nation.
Nov. 23 (Bloomberg) -- Nakumatt Holdings Ltd. , Kenya’s largest retail chain, plans to raise $25 million selling as much as 33 percent of its shares to private equity investors, Business Daily reported.
NAIROBI -- Kenya's Chalbi Desert is a bleak, forbidding stretch of coarse sand and ash-gray ridges broken by clusters of tiny huts. It is also one of the windiest places on Earth, experts say, and it soon will be the site of Africa's largest wind farm.
A government-appointed panel this week unveiled a draft constitution that is part of wide-ranging efforts to avoid a repeat of political violence that saw more than 1,000 people killed after Kenya's December 2007 presidential elections.
DUBLIN----Research and Markets has announced the addition of the "Kenya Pharmaceuticals and Healthcare Report Q1 2010" report to their offering.
South Korea pledged Tuesday to double aid to African nations over the next three years in an effort to better reach out to the continent rich in energy resources, growth potential and business opportunities.
Nairobi/Lagos - If Nigeria want to make any kind of impact in South Africa, they will have to improve dramatically after a shambolic qualifying campaign. The Super Eagles floundered in a group where they were favourites to win, drawing three of their...
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