Edition:
United Kingdom

Omar Mohammed

Kenya announces phased reopening from coronavirus lockdown

06 Jul 2020

NAIROBI Kenya's President Uhuru Kenyatta announced on Monday a phased reopening of the country from a COVID-19 lockdown, lifting restrictions on travel in and out of the capital Nairobi and allowing air travel to resume.

Four-year ban for Kipsang after giving fake-photo evidence for missed test

03 Jul 2020

NAIROBI Former marathon world record holder Wilson Kipsang of Kenya has been handed a four-year ban for anti-doping rule violations (ADRVs) that included using a fake photo of a traffic accident to justify one of four missed whereabouts appointments, the Athletics Integrity Unit (AIU) said on Friday.

Kenya Airways estimates coronavirus revenue loss at $100 million - CEO

26 Jun 2020

NAIROBI Kenya Airways has lost an estimated $100 million in revenue as a result of the COVID-19 pandemic and related lockdowns, CEO Allan Kilavuka told reporters on Friday.

UPDATE 2-Kenya Airways estimates coronavirus revenue loss at $100 mln -CEO

26 Jun 2020

NAIROBI, June 26 Kenya Airways has lost an estimated $100 million in revenue as a result of the COVID-19 pandemic and related lockdowns, CEO Allan Kilavuka told reporters on Friday.

Uganda captain Onyango seeks clarity from President Museveni over $1 million pledge

23 Jun 2020

NAIROBI The captain of Uganda's national football team said on Tuesday he and his team mates are seeking clarity on a $1 million pledge that President Yoweri Museveni made to the players last year after their participation in the 2019 African Cup of Nations.

Kenya's president says talks on trade deal with U.S. delayed

18 Jun 2020

NAIROBI Kenya has delayed talks on a trade deal with the United States until a pan-African trade bloc comes into force, President Uhuru Kenyatta said on Thursday, likely holding up what would be Washington's first such pact in sub-Saharan Africa.

Tanzania says it has begun negotiations over debt relief to shore up economy

11 Jun 2020

DAR ES SALAAM Tanzania has begun negotiations with creditors over a G20 nations initiative over debt relief, the finance minister said on Thursday, part of efforts to mitigate negative economic effects sparked by the coronavirus outbreak.

UPDATE 2-Kenyan lender KCB Group's Q1 profit after tax misses expectations

20 May 2020

NAIROBI, May 20 KCB Group's first-quarter profit missed expectations due to the impact of coronavirus, Kenya's biggest lender said on Wednesday, adding that the pandemic was likely to affect its performance for the next two quarters.

UPDATE 2-Kenya's central bank cuts benchmark lending rate again

29 Apr 2020

NAIROBI, April 29 Kenya's central bank cut its benchmark lending rate again on Wednesday, to 7.0% from 7.25%, saying measures to tackle the impact of the coronavirus were having an effect but it needed to do more due to the adverse economic outlook.

UPDATE 2-Egypt's Commercial International Bank buys 51% of Kenya's Mayfair

24 Apr 2020

NAIROBI, April 24 Egypt's Commercial International Bank (CIB) has acquired a 51% stake in Kenya's Mayfair Bank, the Kenyan central bank said on Friday, the latest in a string of deals in the East African nation's banking sector.

World News