Kampala, Uganda | THE INDEPENDENT | On Feb 22, Kenya’s Treasury said it raised US$ 2 billion in a new sovereign bond issue listed at the London Stock Exchange (LSE). The Treasury said the Bond attracted a significant level of interest leading to over subscription. “This issue was seven times …
Read More »Kenya plans to repeal rate cap law
Kampala, Uganda | THE INDEPENDENT | Kenya’s Treasury Secretary, Henry Rotich, has indicated plans to repeal the rate cap law as part of the contentious reforms demanded by the International Monetary Fund to extend a frozen Kshs 153bn emergency standby facility that expires this month. The facility, which is designed …
Read More »Jambojet to buy four aircrafts for new expansion
Kampala, Uganda | THE INDEPENDENT | Jambojet, a low-cost subsidiary of Kenya Airways, plans to buy four aircrafts in the next 18 months to support its local and regional expansions. The airline’s CEO Willem Hondius said during the carrier’s maiden international flight to Entebbe on Feb 15 that they expect …
Read More »Kenya court enables return of deported opposition firebrand Miguna Miguna
Nairobi, Kenya | AFP | Kenya’s High Court on Monday ordered immigration authorities to allow an outspoken member of the opposition alliance to return to the country, after his deportation earlier this month. Miguna Miguna, a firebrand member of the National Super Alliance (NASA) coalition, was forced onto an …
Read More »Kenya court enables return of deported opposition firebrand Miguna Miguna
Nairobi, Kenya | AFP | Kenya’s High Court on Monday ordered immigration authorities to allow an outspoken member of the opposition alliance to return to the country, after his deportation earlier this month. Miguna Miguna, a firebrand member of the National Super Alliance (NASA) coalition, was forced onto an …
Read More »KENYATTA: East Africa must integrate for economic strength
Busia, Uganda | PSCU | Kenya’s President Uhuru Kenyatta has said integration of the East African region will be achieved with the development of shared infrastructure and political commitment of regional leaders. He said the region must integrate to be a truly bigger market, and economically attractive to compete with …
Read More »Museveni tells EAC, ‘We are on the right side of history’
Kampala, Uganda | THE INDEPENDENT| Uganda’s President Yoweri Museveni has urged East African leaders to push for political integration in order to secure the future prosperity of the region. “I am happy that the negotiators have agreed on the initial step of the confederation and on the framing of …
Read More »Two Kenyan pilots released by S.Sudan rebels
Juba, South Sudan | AFP | Two Kenyan pilots held for over a month after crash-landing their plane in rebel-held South Sudan have been released, a rebel spokesman said Tuesday. The two men were flying South Sudanese aid workers close to Akobo in the east of the country early last …
Read More »In Kenya, anti-poaching dogs are wildlife’s best friends
Maasai Mara, Kenya | AFP | Five-month-old bloodhound Shakaria gambols through the long savannah grasses of Kenya’s Maasai Mara reserve, her playful mood swiftly turning to keen determination as she is ordered to track a human scent. Straining at the leash, she pulls her handler along an invisible scent path …
Read More »KQ to unveil flights to Mauritius
Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has announced plans to fly four times a week to Mauritius starting June, giving customers more options to travel to the Indian Ocean archipelago. The carrier said the new flight will also set it up to take advantage of traffic …
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