NAIROBI, Aug 15 Kenya's biggest lender by assets
KCB Group is confident of sealing its takeover offer of
National Bank of Kenya to increase its market share,
its chief executive said after reporting a 5% rise in first-half
NAIROBI By taking back full control of Kenya Airways , lawmakers are banking on Kenya's ability to replicate the profitable example of Ethiopia's state-owned flag carrier Ethiopian Airlines.
NAIROBI, July 18 Tanzania's economy expanded
5.2% in 2018, the World Bank said on Thursday, the second major
report this year from a multilateral financial institution
contradicting rosier government figures.
NAIROBI, July 2 Kenya's Safaricom
named board member and former chief executive Michael Joseph as
its interim CEO on Tuesday after the telecom firm's long-time
head Bob Collymore died on Monday following a nearly two-year
battle with cancer.
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 Jumia Food, a unit of New York-listed e-commerce platform Jumia Technologies is offering cheaper menu options in its African home market to attract lower income earners as it seeks to boost growth, the delivery company said. | Video
NAIROBI, May 28 Kenya's headroom for new
borrowing has shrunk since it tapped the Eurobond market this
month and it is time for the country to begin reorganising its
debt, central bank governor Patrick Njoroge said on Tuesday.
* Rising Tanzania bad loans weigh on performance
(Adds details, quotes)
NAIROBI, May 1 The World Bank approved a $250
million loan to Kenya to help with affordable housing in the
East African nation, where many would-be home owners struggle to
obtain long term housing finance, the bank said on Wednesday.