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Tag: Kenya
Kenyan default fears intensify as anti-government protests are to resume
Investors are unloading Kenya’s dollar bonds due 2028, whose yields have climbed to 14.6% and the shilling has also trading at a record low, while ... Read More
Tanzania’s, Kenya’s flag carriers explore new cargo partnership
Air Tanzania Company Limited and Kenya Airways top officials have met to discuss the possibility for a cargo transportation collaboration aiming to increase value and ... Read More
Kenya’s China dilemma: between foreign investment and dependency
While Kenya’s government is targeting Chinese investors to establish manufacturing plants in its special economic zones to boost exports, thousands of local traders have protested ... Read More
Kenya’s economy powers ahead to overtake Angola, as Ethiopia stretches its lead
The size of Kenya’s economy will overtake that of Angola, Africa’s leading oil producer, this year even as Ethiopia stretches its lead, according to the ... Read More
Kenya has no money even to pay govt officials but default is ruled out
Kenya will not default on its debt repayment obligations, the president’s chief economic adviser has said, as the country’s government failed to pay its employees ... Read More
Camps in Niger, Kenya swell with migrants, refugees fleeing conflict and drought
The two camps — Assamaka in Niger and Dadaab in Kenya — are more than 5000 kilometers apart but both swell with migrants or refugees ... Read More
Kenya pondering tax reforms to entice hesitant Western investors
Kenya is considering tax reforms, including possible tax breaks, to entice hesitant US and EU investors after Washington complained that corruption and a lack of ... Read More
Kenya to launch first operational satellite next week
Kenya’s Defense Ministry and the country’s Space Agency announced Monday the launching on April 10 from California (U.S.) Taifa-1, or Nation-1 in Swahili, the eastern ... Read More
World Bank calls for further lowering of remittance costs to Sub-Saharan Africa
The World Bank and industry stakeholders have called for the lowering of the cost of sending remittances from the African diaspora to their home countries, ... Read More
Kenya’s Ruto visits Germany, Belgium to seek trade deals with EU
Kenyan President William Ruto, now on a visit to Germany and Belgium, has invited German companies to invest in Kenya’s micro, small, and medium-sized enterprises. ... Read More