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Tag Archives: Kenya

Kenya raises US$2bn in new Eurobond

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 …

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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 …

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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 …

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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 …

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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 …

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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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