Tag Archives: Kenya

  NAIROBI, KENYA | Xinhua | Interest rates on Kenya’s government securities have closed 2023 at a historic high, putting the country in a tough position as it seeks to ramp up borrowing to fund a budget deficit. The Central Bank of Kenya (CBK) said in its data released Friday …

NAIROBI, KENYA | Xinhua | Kenya’s economy grew 5 percent in 2023, up from 4.8 percent in 2022 despite continued challenges, the World Bank said in a report released recentlyy. According to the World Bank’s 28th edition of Kenya Economic Update (KEU), the improved growth was buoyed by a strong …

NAIROBI, KENYA | Xinhua | Kenyan President William Ruto on Friday launched construction of the Riruta-Ngong Commuter Rail line that aims to ease traffic congestion in the capital city of Nairobi. Ruto said that the 12.5-km meter gauge railway line, to be constructed by China Road and Bridge Corporation (CRBC) …

NAIROBI, KENYA | Xinhua | Foreign visitors to Kenya will not be required to have a visa beginning January 2024, President William Ruto announced Tuesday during the celebration of Jamhuri Day, or Independence Day, held in Nairobi, the capital. Ruto said all foreign nationals will enter the county without a …

Why Kenya and Rwanda have taken a step in the right direction ANALYSIS | MICHAEL MUTAVA | President William Ruto of Kenya recently announced that Kenya’s borders would be open to visitors from the entirety of Africa, with no visas required, by the end of 2023. He said: “When people cannot travel, …

North Kivu, DRC | THE INDEPENDENT | Fighting between March 23 Movement rebels and Armed Forces of Democratic Republic of Congo (FARDC) soldiers is raging in Masisi territory has started hours after the East African Community Regional Force (EACRF) started to withdraw from North Kivu province. On Sunday, the first batch …

An expert view on why and how to reverse it ANALYSIS | ODONGO KODONGO | Kenya’s stock market recently suffered steep losses, making it the worst performing globally. The weak performance has persisted: the Nairobi Securities Exchange 20-share index stood at about 1420 on 10 November 2023, having fallen from 1509 …

Arusha, Tanzania | THE INDEPENDENT |  The East African Court of Justice has validated the defence by the government of Kenya in a case in which lawyer Male Mabirizi is challenging a ban on maize and poultry products from Uganda. Mabirizi sued the Kenyan government on March 11, 2021, challenging directives …

Safari Club by Swiss-Belhotel boasts 146 rooms, ranging from studio and panorama rooms to executive and presidential suites Nairobi, Kenya | THE INDEPENDENT | On the eve of its 40th anniversary, the Nairobi Safari Club has signed a management partnership deal with global hotel operator Swiss-Belhotel International to manage the iconic …

Nairobi, Kenya |  Xinhua |  The eighth edition of China Trade Week kicked off in the Kenyan capital of Nairobi on Wednesday, as government officials renewed calls for deepening economic cooperation to realize mutual benefits. John Ololtuaa, principal secretary in the State Department of Tourism, said the three-day event offers …