NAIROBI A lawmaker from Kenya's ruling party has proposed limiting foreign involvement in public contracts after what he said was an outcry about an influx of Chinese businesses driving out local companies.
* Court says it was not 'a protected investment'
(Adds detail from ruling, context, no comment from companies)
* Lawmakers to debate president's proposals on Thursday
(Recasts with finance minister's spending cuts)
NAIROBI, Sept 19 Kenya's president has proposed
hiking taxes on mobile money transfer services and other money
transfer services, documents sent to parliament this month
showed, amid a tussle in government over how to boost revenues
without hurting the poor.
* Finance minister says programme not unusual
(Adds forex reaction, central bank intervention)
NAIROBI Britain is committed to free trade with Kenya after it leaves the European Union, British Prime Minister Theresa May said on Thursday on a visit to Nairobi as her government plays up increased trade with non-EU nations as a Brexit selling point.
NAIROBI, Aug 29 Kenya Airways expects
much better performance in the second half of this year, helped
by an improved business environment, and after prolonged
election uncertainty in Kenya in the second half of 2017 hit
NAIROBI Kenya’s deputy chief justice Philomena Mwilu was arrested on Tuesday on suspicion of corruption, failure to pay tax, and improper dealings with a local bank now in receivership, the police and the country's top prosecutor said.
NAIROBI, Aug 24 A Kenyan parliamentary committee
has proposed keeping the upper limit of commercial lending rates
at 4 percentage points above central bank rate, as passed into
law in late 2016, a committee document seen by Reuters on Friday
NAIROBI, Aug 18 Kenya's ARM Cement has been put
into administration, PricewaterhouseCoopers said in a statement
on Saturday, days after ARM Cement's chief executive officer
said he was relinquishing his post but staying on its board.