Feb. 1 (Bloomberg) -- Kenya’s shilling strengthened for a seventh day, the longest winning streak in 18 months, as inflation dropped and the central bank kept rates on hold. The currency of East Africa’s biggest economy appreciated as much ...
In a year when national elections threaten a reprise of ethnic violence that led the International Criminal Court this week to charge four politicians with committing crimes against humanity in 2008, business leaders in Kenya are bracing for ...
“Kenyans are fed up with these high loan rates because it’s an important link for them to get capital for a business, and to stop living hand to mouth,” Stephen Mutoro, secretary-general of the Consumers Federation of Kenya, said in a ...
Traders said they expected the shilling to trade in the 83.00-84.50 range this week. The Central Bank of Kenya held its key lending rate at 18 percent for a second straight month in February, disregarding a marginal fall in inflation over the last two ...
MINING consultancy group Rock & Stock Investments has opened its office in Kenya, the first permanent base outside SA, as it seeks to tap growing mining opportunities in the eastern and central Africa region. The company has set up its regional ...
The dispute between a Kenya-based online business directory firm --Mocality--and Google has led to a shake-up of the later's executive team in Nairobi, with its head, Olga Arara-Kimani, set to be replaced. Mrs Arara-Kimani, who has been country manager of ...
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