NAIROBI, July 8 The former head of one of
Kenya's biggest stockbrokers has been fined 2.5 million
shillings ($24,354.60) by the market regulator for sharing price
sensitive information with two traders, the watchdog said on
NAIROBI African leaders will decide on Sunday which nation will host the headquarters for a continental free-trade zone that aims to eventually unite the continent's 1.27 billion people and its $3.4 trillion nominal gross domestic product.
NAIROBI When Bob Collymore, the CEO of Kenya's Safaricom , wanted to know about his poorest customers, he would catch a local bus or walk around Kenya's slums with a prominent anti-corruption activist. | Video
NAIROBI Bob Collymore, the chief executive who helped to turn Safaricom Plc into East Africa's most profitable company with an $11 billion valuation, has died after a nearly two-year long battle with cancer. | Video
NAIROBI, June 20 Kenya's central bank governor
said on Thursday he was not concerned by this month's falls in
the shilling and the weakness was not linked to plans to
invalidate the old 1,000 shilling note.
NAIROBI, June 17 Kenya's parliament will block
an attempt to repeal a cap on commercial lending rates, the
lawmaker who sponsored the law imposing the cap said on Monday.
* Tanzania and Uganda raise spending
(Updates with MP arrested for assault, walkout of female MPs)
NAIROBI China is ready to negotiate a trade deal with the six-nation East Africa Community (EAC) to address Kenya's complaints about a huge trade imbalance in favor of the Asian economic giant, China's ambassador to Nairobi told Reuters.
NAIROBI, June 6 Kenyan Central Bank Governor
Patrick Njoroge has been given a second and final four-year term
in the job, as President Uhuru Kenyatta opted for continuity in
the face of a private sector credit crunch and pressure to
reduce government borrowing.
NAIROBI, June 3 Kenya needs to urgently stamp
out an upsurge of suspicious transactions in its financial
sector that imperil future commercial activities and economic
growth, Patrick Njoroge, the central bank governor, said on