KENYA | KENYA

27-Mar-2015 to 21:12

Kenyan interbank rate increases to 7.66 percent

APA-Nairobi (Kenya) — Kenya’s average interbank rate increased by 118 basis points to 7.66 percent in the week ending March 25, from 6.48 percent in the previous week on account of enhanced Central Bank intervention to mop excess liquidity, Kenya’s central bank said on Friday.

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27-Mar-2015 to 19:59

Kenya shilling weakens against US dollar

APA-Nairobi-(Kenya) — The Kenya shilling exchange rate weakened against major international and regional currencies in the week ending March 26, Kenyan Central Bank said on Friday.

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27-Mar-2015 to 10:41

Kenyan lawyers praise President Kenyatta’s stance on graft

APA-Nairobi (Kenya) — The Law Society of Kenya (LSK) on Friday commended President Uhuru Kenyatta for taking a bold step towards fighting against corruption that could see over 170 public officials leave office in his State of the Nation address delivered Thursday.

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26-Mar-2015 to 10:15

Kenyans await Kenyatta’s state of the nation address with anticipation

APA-Nairobi (Kenya) — Kenyans are anxiously looking forward to President Uhuru Kenyatta’s State of the Nation address which he is due to deliver on Thursday afternoon before Parliament, and which is widely expected to touch on anti-corruption strategies his administration expects to handle.

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25-Mar-2015 to 14:57

Kenya to construct security wall along border with Somalia

APA-Nairobi (Kenya) — The construction of a wall along the Kenya-Somalia border to curtail the movement of terrorists in northern Kenya is expected to start Wednesday, local media report here.

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25-Mar-2015 to 14:41

Kenyan official calls for tax incentive withdrawal from foreign investors

APA-Nairobi (Kenya) — The Kenya Revenue Authority (KRA) on Wednesday pleaded the case for the withdrawal of tax incentives offered to foreign investors in favour of improved service delivery and efficiency in the public sector.

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25-Mar-2015 to 12:47

Kenyan shilling weakens against US Dollar

APA-Nairobi-(Kenya) — Kenyan shilling exchange rate depicted mixed performance against major international and regional currencies in the week ending March 24, the Central Bank said on Wednesday.

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