NAIROBI Kenyan President Uhuru Kenyatta has demanded that lawmakers remove a cap on commercial lending rates, refusing to approve the 2019/20 (July-June) budget unless the limit is lifted, a document sent to parliament from the presidency showed on Thursday.
NAIVASHA, Kenya Kenya's opened a $1.5 billion Chinese-built railway line linking Nairobi to Naivasha on Wednesday, despite delays in building an industrial park in the Rift Valley town to encourage freight. | Video
NAIROBI, Oct 16 Kenya's President Uhuru Kenyatta
is due to open a new $1.5 billion Chinese rail line on Wednesday
linking the capital Nairobi to the Rift Valley town of Naivasha,
despite delays in establishing an industrial park there to drive
NAIROBI Kenya's first green bond has raised 4.3 billion shillings ($41.45 million) to build environmentally-friendly student accommodation, the issue's lead arranger said on Thursday.
NAIROBI, Oct 2 A Kenyan anti-corruption drive
uncovered the equivalent of tens of millions of dollars in
unexplained wealth when it retired old banknotes, the central
bank said on Wednesday, adding much of the cash appeared to have
been gained in "the criminal area".
NAMANGA, Kenya/Tanzania The speed limit is 110 km per hour on the new highway that Abadalla Chande uses to haul his truckload of animal feed from Tanzania to Kenya, two nations that share a common market often hailed as a model for the continent.
NAIROBI Kenya's first low-cost airline, Jambojet, plans to more than double its annual passengers to 1.5 million in the next three years by opening new routes in East Africa and flying planes more often, its chief executive said on Wednesday. | Video
* Consolidation among lenders to continue, governor says
(Recasts with forward guidance)
NAIROBI, Sept 24 Kenya central bank governor
said on Tuesday ongoing consolidation in the banking sector will
NAIROBI, Sept 24 Kenya's central bank governor
said on Tuesday the oil price spike caused by an attack earlier
this month on Saudi Arabia's largest oil processing facility
would have little impact on inflation.