KENYA | KENYA

20-Mar-2020 to 10:34

Covid-19: Slump in oil price to slow down Africa’s economic performance

APA-Nairobi (Kenya) — Coronavirus pandemic and sharp oil price drop will exacerbate the slowdown in the economic growth of African countries at a time when government debt levels have increased to over 50 percent of GDP on average across the continent, Moody's Investors Service said in a report on Friday.

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19-Mar-2020 to 10:53

Kenya: Standard Chartered post $11.4m in profits

APA-Nairobi(Kenya) — Standard Chartered Bank Kenya on Thursday announced a pre-tax profit of 12.2 billion shillings ($11.4 million) for the year ended 31 December 2019.

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19-Mar-2020 to 09:02

Kenya: Equity Bank posts $114 million in profits

APA-Nairobi(Kenya) — Kenya’s regional bank, Equity Group on Thursday announced the financial results for the year ended 31st December 2019 that reflect a 14% profit after tax growth to 22.6 billion shillings ($114 million) from 19.8 billion shillings ($180 million) in 2018.

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18-Mar-2020 to 20:27

UAE offers to assist Kenya fight off COVID-19

APA-Nairobi(Kenya) — The United Arab Emirates (UAE) on Wednesday offered to set up a state-of-the-art Laboratory in support of Kenya's public health surveillance of the coronavirus (COVID-19) as the number of confirmed cases reached seven.

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18-Mar-2020 to 14:13

Kenyan traders warned off price hikes amid COVID-19

APA-Nairobi(Kenya) — President Uhuru Kenyatta has cautioned traders in Kenya against raising prices of basic commodities in the wake of the coronavirus cases in the country which have climbed to seven.

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18-Mar-2020 to 12:24

Reprieve for Kenyan borrowers in the wake of Coronavirus outbreak

APA-Nairobi(Kenya) — Kenya’s banking sector on Wednesday agreed to reschedule payments of personal loans for up to one year as part of the various measures aimed at cushioning Kenyans from the effects of the Coronavirus pandemic.

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18-Mar-2020 to 12:06

Kenya confirms seventh case of Covid-19

APA-Nairobi (Kenya) — Kenya’s Cabinet Secretary for health, Mutahi Kagwe, on Wednesday confirmed that three more patients have tested positive for the coronavirus, bringing total to seven.

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