Tag: Kenya

Ugandan maize lowers flour prices in Kenya to 6-year low

Maize flour prices in Kenya have dipped to a six-year low on increased supply of cheap grains from Uganda and harvests in western region,...

Co-operative Bank of Kenya eyes Sh200m stake in new mortgage firm...

Co-operative Bank of Kenya #ticker:COOP has set aside Sh200 million for a capital injection in the Kenya Mortgage Refinance Company (KMRC), a government-led unit...

Kenya to Revive its National Shipping Line

Nairobi, Aug 16 (Prensa Latina) The Kenyan Ministry of Transport and Infrastructure and the Mediterranean Shipping Company (MSC) signed a memorandum of understanding today...

Kenya’s Safaricom resists tariff cuts to avoid price war

On Thursday, the Kenyan division of Bharti Airtel cut its call rates to all other networks to 2 shillings ($0.02) a minute. The company...

All you need to know about Kenya’s Economic Outlook

Months after Kenya's high-pitched elections that saw the reelection of  President Uhuru Kenyatta, for a second term, the country's economy is expected to rebound...

Kenya: President Declares Drought a National Disaster

By Stella Cherono The government on Friday declared drought a national disaster. President Uhuru Kenyatta subsequently called on all relevant ministries and authorities to upscale drought...

Kenya: President Declares Drought a National Disaster

By Stella Cherono The government on Friday declared drought a national disaster. President Uhuru Kenyatta subsequently called on all relevant ministries and authorities to upscale drought...

Kenya: Number of Those Affected By Drought Rises to 2.7 Million

The number of people in need of relief assistance has risen from 1.3 million in August 2016 to 2.7 million following below average performance...

U.S. State Dept Approves $418 Mln Military Aircraft Sale to Kenya

The U.S. State Department has approved a possible $418 million sale to Kenya of aircraft with weapons and related support, a Pentagon agency said...

Rising Kenyan Tea, Coffee Export Prices To Ease Drought Impact

Rising prices for Kenyan tea and coffee exports will help offset the impact from a drought that has been hurting the East African nation's...