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KAA signs CBA with workers’ union

28 January 2015, 13:14

The Kenya Airports Authority (KAA) signed a Collective Bargaining Agreement (CBA) with the Kenya Aviation Workers Union (KAWU).

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Kenya's remittances jump 10.7 pct in 2014, help cushion currency

28 January 2015, 09:16

Money sent home by Kenyans living abroad rose 10.68 percent last year to $1.43 billion, the central bank said, setting a new annual record and cushioning the weakening shilling.

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South Sudan finds hope in honey

27 January 2015, 15:00

A harvest of honey from the equatorial forests of South Sudan will help its struggling poor and, through the pollination of bees, improve the nation's crop yields.

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Old Mutual boosts stake in Kenyan insurer UAP

27 January 2015, 08:31

Old Mutual Plc said on Monday it had bought another 37.3 percent in UAP Holdings, taking its stake in the Kenyan insurer to 60.7 percent.

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Cancellation of digital broadcast licence archaic - Mudavadi

26 January 2015, 12:00

United Democratic Front (UDF) party leader, Musalia Mudavadi has criticized the government for awarding so many frequencies to KBC.

Standard Gauge Railway to boost Kenya's economy by 1.5 pct

26 January 2015, 07:32

The Standard Gauge Railway (SGR) that is currently under construction will raise Kenya's Gross Domestic Product (GDP) by 1.5 percent annually when complete, President Uhuru Kenyatta said.

Solar to grab bigger slice of Kenya's clean energy pie

23 January 2015, 12:23

Kenya is moving to boost its solar energy capacity, with a new plant now under construction aiming to start producing electricity for the national grid by January 2016.

Low phone call rates lure Kenyans to post-paid tariff

23 January 2015, 07:25

The number of mobile phone users on post-paid tariff in Kenya has grown considerably as people embrace the subscription service due to low call rates.

Airtel Kenya drops roaming rates in Uganda

22 January 2015, 12:43

Airtel has announced a significant reduction in data roaming rates by 78% and call rates by 60% for its prepaid and postpaid customers while roaming in Uganda.

Experts urge Kenya to modify tax policy to attract oil investors

22 January 2015, 09:43

Global tax analysts have called on Kenya to re-examine its current tax policy stance on upstream oil industry in order to attract foreign investors.

Toyota sells 10.23mn vehicles in 2014, still world's top automaker

22 January 2015, 07:36

Toyota sold 10.23 million vehicles last year, outpacing General Motors and Volkswagen to remain the world's biggest automaker, but a shaky outlook for 2015 could see it lose the title to its German rival.

Get a loan to purchase smartphone, tablet

21 January 2015, 11:51

Owning a tablet or a smartphone has become easy, thanks to Safaricom and the Commercial Bank of Africa (CBA).

5 money-saving mind tricks

21 January 2015, 07:53

Saving money is easier said than done. This blogger shows us how to mentally condition ourselves to do it.

Kenya, U.S. mull measures to boost trade and direct flight

21 January 2015, 07:34

President Uhuru Kenyatta on Tuesday held talks with a visiting U.S. business official to discuss ways of boosting trade and direct flight between the two countries.

How to avoid being scammed online

20 January 2015, 10:36

With online scams and frauds increasing on online classifieds sites, OLX has highlighted the best ways to avoid being caught out.

Kisumu the next tourist destination, says Kandie

20 January 2015, 07:41

East African Community, Commerce and Tourism Cabinet Secretary, Phyllis Kandie, has called on the investors to take advantage of the centrality of Kisumu town in the East African Community and invest in business tourism.

Chinese firm to construct maize miller in Kenya

20 January 2015, 07:36

Chinese firm Sino-Kenya Engineering Company Limited started to construct a maize milling plant in Bungoma County.

Kenya asks IMF for precautionary loan of about $750 mln

19 January 2015, 13:08

Kenya has asked the International Monetary Fund for a precautionary loan of about $750 million to help it deal with any future shocks to the economy, the IMF's resident representative said.

Tips to ensure financial well-being

19 January 2015, 07:42

Easy access to credit and images of affluence that surround consumers spur the kind of behaviour that cannot be sustained, warns an expert.

Kenya's farm products exporters lose 11 mln USD in 2014

19 January 2015, 07:28

Exporters of farm products in Kenya lost close to 11 million U.S. dollars last year before the government finally signed the Economic partnership agreement (EPA) with the European Union.

Helios to sell half its stake in Kenya's Equity Bank

17 January 2015, 07:02

Africa focused investment firm Helios will sell half its stake in Kenyan lender Equity Bank, or 12.22 percent of the bank's shares, to Norway's Norfininvest AS.

Japan lends $270 mln to Kenya to help expand Mombasa port

17 January 2015, 07:02

Kenya signed a $270 million loan deal with Japan on Friday to help expand capacity at Mombasa port, a busy facility that is the main trade gateway to east Africa.

Cofek calls for further drop in fuel prices

16 January 2015, 09:25

Cofek has called on the government to further cut retail fuel prices, saying the latest prices were not a fair representation of the would-be actual pricing.

CBK holds key lending rate at 8.5 pct

16 January 2015, 07:36

The Central Bank of Kenya held its key lending rate at 8.50 percent, saying this would ensure inflation continued to fall towards a 5 percent target.

Financial Indicators

KES/$ 0,0109 (0%)
KES/£ 0,0071 (1,39%)
KES/€ 0,0096 (1,03%)
KES/ZAR 0,1259 (-1,86%)
ABRI Kenya Index 165.88 (0,04%)
NSE 20 Share Index 5207.04 (-0,12%)

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