Edition:
United States

Duncan Miriri

Kenya's KenGen to raise funds from the market this year, eyes green bond

Feb 14 2019

NAIROBI The Kenya Electricity Generating Company plans to raise funds from the market later this year and it may opt to issue the country's first green bond, its chief executive said. | Video

Bharti Airtel unit to merge with Telkom Kenya

Feb 08 2019

NAIROBI India's Bharti Airtel said on Friday its unit Airtel Networks Kenya Ltd has agreed to merge with Telkom Kenya Ltd, the East African nation's smallest telecom operator.

UPDATE 1-India's Bharti Airtel unit to merge with Telkom Kenya

Feb 08 2019

NAIROBI, Feb 8 India's Bharti Airtel said on Friday its unit Airtel Networks Kenya Ltd has agreed to merge with Telkom Kenya Ltd, the East African nation's smallest telecom operator.

Kenyan bank KCB looks to M&A deals for growth -CEO

Jan 28 2019

NAIROBI, Jan 28 KCB Group, Kenya's biggest bank by assets, is looking to bolster growth by joining a wave of consolidation in the country's banking industry in the next few years, its chief executive said on Monday.

East African Breweries' to jumpstart growth in bottled beer in Kenya

Jan 25 2019

NAIROBI, Jan 25 East African Breweries aims to jumpstart growth in sales of bottled beer in Kenya, as its biggest market's economy recovers and the government looks set to hold off on tax increases, its chief executive said on Friday.

Kenya to restrict second-hand imports to boost domestic car sector

Jan 23 2019

NAIROBI, Jan 23 Kenya plans to restrict imports of second-hand cars to newer vehicles in an effort to boost the domestic automotive sector by reducing the dominance of the used car market.

Kenyan authorities investigate local role in Nairobi attack

Jan 18 2019

NAIROBI Investigators in Kenya are exploring the possibility that some of the militants who attacked a Nairobi hotel and office complex may not have been ethnic Somalis, stoking fears that militants are deepening their pools of recruitment in the region.

Kenya's Safaricom's overdraft service exceeds expectations: CEO

Jan 17 2019

NAIROBI Kenya's biggest telecoms operator, Safaricom, notched up one million users for its new overdraft feature on the M-Pesa platform in just eight days, surpassing its CEO's expectations, he said on Thursday.

Kenya's Safaricom's overdraft service exceeds expectations -CEO

Jan 17 2019

NAIROBI, Jan 17 Kenya's biggest telecoms operator, Safaricom, notched up one million users for its new overdraft feature on the M-Pesa platform in just eight days, surpassing its CEO's expectations, he said on Thursday.

Kenya hotel siege over, militants and at least 21 victims dead

Jan 17 2019

NAIROBI Kenyan security forces have killed all the Somali militants who stormed an upscale Nairobi hotel compound, taking at least 21 lives and forcing hundreds of people into terrifying escapes, the government said on Wednesday. | Video

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