Edition:
United Kingdom

Duncan Miriri

UPDATE 2-Kenyan regulator says shareholders will decide if bank merger goes ahead

08 Aug 2019

* Regulator shrugs off lawmakers' call for govt to reject offer

Kenyan tea glut pushes prices to multi-year lows, trade body says

02 Aug 2019

NAIROBI Kenyan tea prices have slumped to their lowest level in at least five years due to excess supplies and weak demand in the main export markets, the East African Tea Trade Association (EATTA) said on Friday.

Kenyan brewer EABL looks to scotch, low-priced beer to counter tax rises

26 Jul 2019

NAIROBI Kenya's East African Breweries is counting on surging demand for its low-priced Senator Keg beer and also scotch whiskey to counter the impact of tax increases, its chief executive said on Friday.

Exclusive: Kenya Airways goes full circle with two-year nationalisation plan

25 Jul 2019

NAIROBI Kenya will take at least 21 months to take back full control of its national carrier Kenya Airways , buying out minority shareholders and converting shares held by banks into Treasury bonds, a lawmaker briefed on the transaction said.

Kenya appoints acting finance minister after Rotich graft charges

24 Jul 2019

NAIROBI Kenya's presidency appointed Labour Minister Ukur Yatani as acting finance minister on Wednesday, a day after incumbent Henry Rotich was charged with corruption. | Video

UPDATE 2-Lawmakers back plan to nationalise Kenya Airways

23 Jul 2019

* Committee proposes folding airline into aviation holding (Adds comments from airline's chairman, transport ministry)

Kenyan finance minister arrested on graft charges

22 Jul 2019

NAIROBI Kenyan Finance Minister Henry Rotich was arrested on Monday on suspicion of financial misconduct related to the construction of two dams, an unprecedented detention of a sitting minister for corruption in a country notorious for graft.

REFILE-Former CEO of Kenyan stockbroker fined for insider trading

08 Jul 2019

NAIROBI, July 8 The former head of one of Kenya's biggest stockbrokers has been fined 2.5 million shillings ($24,354.60) by the market regulator for sharing price sensitive information with two traders, the watchdog said on Monday.

Explainer: Africa to decide on free-trade zone: what’s at stake?

04 Jul 2019

NAIROBI African leaders will decide on Sunday which nation will host the headquarters for a continental free-trade zone that aims to eventually unite the continent's 1.27 billion people and its $3.4 trillion (£2.7 trillion) nominal gross domestic product.

Bob Collymore, the Safaricom CEO who connected with Kenyans

01 Jul 2019

NAIROBI When Bob Collymore, the CEO of Kenya's Safaricom , wanted to know about his poorest customers, he would catch a local bus or walk around Kenya's slums with a prominent anti-corruption activist. | Video

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