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Banks

Kenya’s banks record declined profitability in 2017

Kenya's listed banks recorded a 13.8-percent decline in core Earnings Per Share (EPS) growth for the first six months of 2017, compared to 15.5...
growth

SMEs key to Kenya’s economic growth

Small and Medium Enterprises (SMEs) are key to the future growth of Kenya's economy, a pan-African organization said on Tuesday. SMEs account for 80 percent...
A housing project in Nanjing, capital of East China's Jiangsu province. [Photo/Asianewsphoto]

Housing project in Kenya set for completion in 2019

A Chinese-built housing project located 17 kilometers northwest of Kenya's capital Nairobi is expected to be completed in the first quarter of 2019, developers...

Kenya’s declining internet cost to shake up Pay TV market

Kenya's reducing cost of internet is set to shake up the pay television (PayTV) market due to the rising popularity of internet TV service,...
minerals

China, Kenya sign deal to fund Kenya’s airborne mineral survey

China and Kenya have signed a deal to fund the East African nation's airborne mineral survey, senior Kenyan government official said. Mining Cabinet Secretary Dan...

Japanese paint maker acquires Kenyan firm in US$100 million deal

Japanese firm Kansai Paint on Wednesday entered the East African market through a deal of about 100 million U.S. dollars to acquire 90 percent...
Kenyan Coat of arms

Kenya seeks to improve governance for counties

Kenya on Wednesday launched the Integrated Devolution Data Portal to improve governance for county governments. The portal is an interactive platform for...

Kenya launches roadmap to harness youth potential

Kenya on Tuesday launched the Demographic Dividend Roadmap aimed at harnessing the potential of the youth. Ministry of State for Devolution and...

Sino-Kenya trade could grow with China expo

The third edition of China Trade Week Kenya opened its doors on Thursday with the hope of boosting Sino-Kenya trade. Organizers MIE...

Analysts hail China’s role in Kenya’s infrastructure transformation

Regional analysts on Wednesday hailed China's role in transforming Kenya by funding key infrastructure projects. Brian Chege, senior investment analyst of Nairobi-based...
video

Kenya to enact law to regulate online forex trading

Kenya is fast tracking the enactment of laws to regulate online foreign exchange (forex) trading, officials said on Tuesday. Capital Markets Authority...
Nashua Business in Africa

Kenya to accelerate business reforms to boost private sector

Kenya plans to accelerate business reforms in order to boost the private sector, a senior government official said on Monday. Cabinet Secretary...

Kenya to promote policies to combat desertification

Kenya has pledged to promote policies frameworks, strategies and actions to combat desertification, a senior government official said Friday. Cabinet Secretary in...
SME

Kenya’s private equity raises US$30 million to fund SME

Kenya's private equity fund that is backed by the private sector arm of the World Bank has raised about 30 million U.S. dollars to...

Kenya to launch exports strategy to reduce trade deficit

Kenya plans to launch a National Export Strategy that will provide a framework for the country to reduce its trade deficit, officials have said. ...
law

China says research program enhances capacity in international law

A Chinese program is boosting Asian and African nations' capacity in international law through an exchange and research program, a Chinese official said late...
China investment

Kenya’s 2016 FDI projected to hit US$2.5 billion

Kenya's Foreign Direct Investment (FDI) is projected to hit 2.5 billion U.S. dollars in 2016 up from 1.5 billion dollars in 2015, officials said. ...
Students of Minilik high school test the new school net program in class after the launching ceremony in Addis Ababa, Ethiopia, Oct. 9, 2015. Ethiopia on Friday launched a school net system by china's leading telecom company Huawei in Ethiopia's capital. The system connects 64 high schools and one university collage to share resources and make educational exchange. (Xinhua/Michael Tewelde)

35 Kenyan students to study in China as new railway nears completion

Thirty-five Kenyan students will depart to China at the end of February on a scholarship program to prepare them for Kenya's new railway. ...
mobile

Kenya says new system to fight counterfeit phones, not to monitor users

Kenya's plan to employ a device managing system is to step up war on counterfeit mobile phones but not to spy on subscribers, the...
coffee beans

Kenya to gazette coffee laws to boost production

Kenya plans to gazette coffee regulations next month that will help to boost earnings from the sector. Cabinet Secretary in the Ministry...

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