Kenya, Africa

Tourism Stakeholders warn of impending decline of tourist arrivals in the next one year following the severe effects of the global financial crisis.

Gulf African Bank has entered into partnership with mobile service provider Zain-Kenya that will see its customers access communication at subsidised...

Parliament has given small banks more time to comply with a requirement to increase their capital base to Sh1 billion.

An additional one million Kenyans will be connected to the national power grid in the next five years, Energy Minister, Kiraitu Murungi has said.At...

Economic growth is expected to rebound again in the third quarter, but full recovery depends on how the global crisis pans out, the Central Bank has...

A draft action plan is being prepared by the Government to clear all pending bills, estimated at Sh105 billion.Treasury Permanent Secretary Joseph...

EXCHANGE RATES: 26/11/2008

Emerging markets bank Standard Chartered plans to raise $2.7 billion (Sh212 billion) from a rights issue to boost its capital base and give it...

Pressure is growing for the World Trade Organisation (WTO) to hold a ministerial meeting on the Doha round next month, despite scant progress in...