NAIROBI, June 20 Kenya's central bank governor
said on Thursday he was not concerned by this month's falls in
the shilling and the weakness was not linked to plans to
invalidate the old 1,000 shilling note.
NAIROBI, June 17 Kenya's parliament will block
an attempt to repeal a cap on commercial lending rates, the
lawmaker who sponsored the law imposing the cap said on Monday.
* Tanzania and Uganda raise spending
(Updates with MP arrested for assault, walkout of female MPs)
NAIROBI China is ready to negotiate a trade deal with the six-nation East Africa Community (EAC) to address Kenya's complaints about a huge trade imbalance in favour of the Asian economic giant, China's ambassador to Nairobi told Reuters.
NAIROBI, June 6 Kenyan Central Bank Governor
Patrick Njoroge has been given a second and final four-year term
in the job, as President Uhuru Kenyatta opted for continuity in
the face of a private sector credit crunch and pressure to
reduce government borrowing.
NAIROBI, June 3 Kenya needs to urgently stamp
out an upsurge of suspicious transactions in its financial
sector that imperil future commercial activities and economic
growth, Patrick Njoroge, the central bank governor, said on
NAIROBI, May 24 National Cement Company, which
this week signed a deal to buy the Kenyan assets of ARM Cement
from its administrator, plans to invest $36 million to
modernise the production plants it is acquiring, its chairman
said on Friday.
NAIROBI Kenya's Safaricom will start a joint venture with Vodacom to acquire the intellectual property rights to the popular M-Pesa mobile financial services platform from Britain's Vodafone, Safaricom's CEO said on Thursday. | Video
* He wants to develop new revenue streams over next 12
(Adds details, comments on Huawei)
ISIOLO, Kenya A youth recruited while watching football. A Catholic school graduate. Girls desperate for cash and jobs.