KPLC staff, five others arrested in crackdown on illegal lines

Nairobi, May 8, 2017…….Six people, among them a Kenya Power employee, were arrested in various parts of the country over the weekend as the Company enhanced crackdown on illegal lines…

Busy schedule for President Kenyatta in May

NAIROBI, 7 MAY 2017, (PSCU) – President Uhuru Kenyatta is set for a hectic schedule this May as he handles local and foreign engagements even as he gets ready to…

Asad Anwar wins KCB Autocross

The must watch KCB Nakuru Auto Cross saw 54 year old Asad Anwar crowned the champion in his maiden outing this season.

Chinese experts advise Ugandan farmers on earning more from farmlands

KAMPALA, (Xinhua) -- Tucked away over 50km north of the capital Kampala, Chinese technicians continue to set up the first agricultural industrial park in the east African country.

Somali forces kill senior Al-Shabaab leader in southern Somalia 

MOGADISHU, May 7 (Xinhua) -- Somali security forces killed a senior Al-Shabaab leader heading the group in Lower Shabelle region on Friday in southern Somalia, a government official confirmed on…

Equity scoops 19 awards during this year’s Think Business Banking Awards 2017

Nairobi, May 8th 2017……Equity Bank has once again emerged as the top Overall Bank at the Think Business Banking Awards 2017, stamping its authority as a market leader in the…
Economy

Economy (146)

NAIROBI, 4 May, 2017 – The African Trade Insurance Agency (ATI), the pan African investment and commercial risk insurance provider posted record results for the sixth consecutive year endingDecember 2016.

Nairobi: May 4, 2017: Following a deterioration in March, conditions in the Kenyan private sector broadly stabilised in April,the Stanbic Bank - HIS Markit Purchasing Manager’s Index has shown.

Nairobi, Kenya: 3 May 2017–The Kenyan Government has provided a vote of confidence in theimplementation of the Huduma Card in the country, and its role in driving financial inclusion.

NAIROBI, April 25 (Xinhua) -- Kenya's second-hand motor vehicle imports are likely to decline in 2017 to hit 60,000 units down from 75,000 in 2016, the industry association said on Tuesday.

A new World Bank study presents a sobering assessment of the financial health of electricity utilities in Sub-Saharan Africa, and suggests how utilities can be profitable while extending affordable services for the poor. 

NAIROBI, April 18 (Xinhua) -- The International Monetary Fund (IMF) forecast Tuesday that economic growth in Sub-Saharan Africa will reach 2.6 percent in 2017, well below its global growth forecast of 3.5 percent.

NAIROBI, April 18 (Xinhua) -- Kenya in this fiscal year has borrowed more from internal than external sources despite the government planning to borrow more from the latter.

East Africa’s economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report.

Nairobi 5th April 2017…The Kenya Bureau of Standards (KEBS) has urged stakeholders to acquaint themselves with a new global online system that provides information on trading conditions for World Trade Organization (WTO) Member Countries.

 

  • Headline PMI dips below the 50.0 no-change mark in March
  • Expansion of new orders eases to a survey-record low
  • Output charges fall for the first time in a year

 

Nairobi: April 5, 2017:   The upturn in Kenyan private sector business conditions came to an end during the March following more than three years of sustained expansion, the Stanbic Bank - HIS Markit Purchasing Manager’s Index has shown.

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