Tag Archives: Kenya

Dr. Peter Mathuki is  facing impeachment over the alleged misappropriation of funds at the secretariat Nairobi, Kenya | AGENCIES | The East African Community (EAC) Secretary-General Dr. Peter Mathuki has been nominated by Kenya’s President Wiliam Ruto as the country’s ambassador to Russia. The nomination comes at a time when Dr …

Kampala, Uganda | THE INDEPENDENT & AGENCIES | Kenyan tea industry export earnings surged by 31% to a historic high in 2023, buoyed by an increase in export volumes and a depreciating local currency. The Tea Board of Kenya said that the sector’s earnings reached US$1.22 billion, up from US$940 million …

NAIROBI | Xinhua | Kenya’s tourism marketing agency announced on Saturday that it has partnered with Africa’s 100 meters record holder, Ferdinand Omanyala, to market the country during next week’s ITB Berlin expo. The Kenya Tourism Board (KTB) said that involving the Kenyan sprinter, Omanyala, will enhance KTB’s efforts in …

NAIROBI, KENYA | Xinhua | The inaugural Africa’s Green Games Summit opened in Nairobi, the Kenyan capital, Saturday to help showcase the power of creative works in galvanizing action against threats to planetary health. The two-day summit, which gathered players in the gaming industry and innovators, took place ahead of …

NAIROBI, KENYA | Xinhua | Bond trading at the Nairobi Securities Exchange (NSE) has hit a record high, boosted by foreign investors seeking to cash in as yields on the securities rise. NSE data released Thursday evening showed that the bond turnover has been on an upward trajectory since Monday …

NAIROBI, KENYA | Xinhua | Kenya said Wednesday it has commenced rolling out tax incentives for foreign investors who set up establishments worth more than 10 billion shillings (about 65.5 million U.S. dollars). Abubakar Hassan, the principal secretary in the Ministry of Investments, Trade and Industry, told a trade forum …

NAIROBI | Xinhua |  Kenya raised a record 240.9 billion shillings (about 1.55 billion U.S. dollars) in its first infrastructure bond offer this year, said the Central Bank of Kenya (CBK) Wednesday evening, underlining increased investor confidence in the country’s debt market. The East African nation on Jan. 25 floated …

Kabalagala, Uganda | THE INDEPENDENT |  Police has announced that it has dismissed with disgrace four police officers attached to Kabalagala police station. This even  before they are charged with aggravated robbery, after they turned against a businessman, who allegedly had in their possession $30,000 and wanted to exchange it into …

DAR ES SALAAM, TAZANIA | Xinhua | Tanzanian aviation authorities on Tuesday lifted a ban on Kenya Airways flights to the country’s commercial hub of Dar es Salaam effective from Jan. 22 after Kenya had heeded its demands. The Tanzania Civil Aviation Authority (TCAA) has withdrawn its decision of Jan. …

NAIROBI, KENYA | Xinhua | Kenya has more than doubled its power imports from neighboring countries amid increased demand, the national bureau said in a new economic report released on Friday. The Kenya National Bureau of Statistics (KNBS) said the country imported 706.9 million kWh of electricity from Ethiopia and …