KENYA | KENYA

14-Jan-2019 to 09:07

Negative outlook for Sub-Saharan African sovereigns - Moody’s

APA-Nairobi (Kenya) — Sub-Saharan African sovereigns' negative outlook for 2019 reflects credit challenges that stem from fiscal and external vulnerabilities amid tightening global liquidity conditions and rising global trade tensions, despite gradually improving growth prospects, Moody's said in a report on Monday.

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11-Jan-2019 to 10:32

Kenya: French firm gets greenlight to acquire Kenolkobil

APA-Nairobi (Kenya) — Kenya’s Capital Market Authority (CMA) on Friday approved the bid by France-based oil fuel storage and distribution company Rubis Energie to fully acquire Kenyan-based Kenolkobil, which is East Africa's oil marketing leader.

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10-Jan-2019 to 10:20

Kenyatta urges local assemblers to produce affordable vehicles

APA-Nairobi (Kenya) — President Uhuru Kenyatta has urged local motor vehicle assemblers to innovate ways of producing quality vehicles that are affordable to Kenyans.

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09-Jan-2019 to 14:26

Kenya: Chamber of commerce warns politics is hurting economic growth

APA-Nairobi (Kenya) — The Kenya National Chamber of Commerce and Industry (KNCCI ) has warned that high-octane politics, that is gaining momentum specifically on referendum and succession politics of 2022, could hurt the country’s economic growth.

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08-Jan-2019 to 12:32

Kenya: GDP records average 6 percent growth

APA-Nairobi (Kenya) — Kenya’s Gross Domestic Product (GDP), adjusted for inflation, increased in 2018 having expanded by 5.7 percent in the first quarter of 2018, a new report issued on Tuesday has disclosed.

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08-Jan-2019 to 12:21

World Bank chief resigns

APA-Nairobi (Kenya) — World Bank Group President Jim Yong Kim has announced that he will be stepping down from his position, after more than six years at the helm.

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07-Jan-2019 to 12:27

Kenya tourism fetches $1.5 billion - Report

APA-Nairobi (Kenya) — Kenya tourism receipts grew from 119.9 billion shillings ($1.1 million) in 2017 to 157.3 billion shillings ($1.5 billion) in 2018.

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