MOMBASA, Kenya Kenya's new Chinese-built railway should have been a boon for business. The $3.3 billion line sliced hours off the journey from the port city of Mombasa to the capital, Nairobi.
NAIROBI, Nov 29 Kenya's biggest telecoms
operator Safaricom has started a digital postal
service that will use mobile phone numbers like the traditional
post office box addresses, it said on Friday.
NAIROBI, Nov 15 Kenya's finance ministry wants
to manage the public debt better by officially coordinating its
borrowing plans with the central bank, the government said in a
draft debt policy published for public comment this week.
NAIROBI Kenyan President Uhuru Kenyatta on Friday approved a data protection law which complies with European Union legal standards as it looks to bolster investment in its information technology sector.
NAIROBI, Nov 7 Kenya's President Uhuru Kenyatta
has signed a law that scraps a cap on banks' commercial lending
rates which had been blamed for stalling lending to businesses,
his office said on Thursday.
NAIROBI, Nov 5 Kenya's President Uhuru
Kenyatta's bid to remove a cap on commercial lending rates was
passed in parliament on Tuesday, potentially boosting the flow
of credit to the country's economy.
NAIROBI Kenya's Safaricom plans to bid for one of two Ethiopian telecoms licenses next year in partnership with South Africa's Vodacom , it said after posting a jump in first-half profit on Friday.
NAIROBI Kenya's economy is likely to expand by 6.0% next year, rising from projected growth of 5.8% this year, due to a favorable weather outlook, the World Bank said on Thursday.
NAIROBI, Oct 30 Kenya's parliament should repeal
a cap on commercial lending rates, in line with the president's
demands, the finance committee of the legislature said in a
report seen by Reuters on Wednesday.
NAIROBI Kenyan food distribution start-up Twiga Foods has raised $30 million in debt and equity through a fundraising round led by Goldman Sachs, it said on Monday.