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Longhorn profit climbs to Sh69 million 2019-02-19 09:33:32

Ruto: Public participation in projects no longer a 2019-02-19 09:13:55DP William Ruto has asked donors and Government officers to involve communities in the implementation of development projects.

Innovative finance needed to accelerate sanitation access in 2019-02-19 08:48:38

Men who struggle to do more than 40 2019-02-19 07:08:30A new study by researchers from Harvard University has found that men who can do more than 40 push-ups have a lower risk of heart disease

Men who struggle to do more than 40 2019-02-19 06:49:01

State rules out mischief in biometric registration 2019-02-19 06:37:06The government has ruled out any mischief or suspicion in the ongoing pilot project on National Integrated Identity Management System

KMFRI's research vessel embarks on study on Kenya's 2019-02-19 06:35:50

Government says present crude oil capacity insufficient for 2019-02-19 05:54:49Crude oil deposits so far discovered in Kenya are insufficient to allow for the building of a refinery, a senior petroleum ministry official said

KPA acquires sh800m anti-pollution boat 2019-02-19 04:56:09The Kenya Ports Authority has moved a step ahead in the fight against pollution with an acquisition of Sh 800 million pollution control boat.

Government reinstates Ekeza Sacco license 2019-02-19 04:34:50Relief as government reinstates license of troubled Ekeza Savings and Credit Cooperative Society

Scientists: Shark DNA could contain secret to longer 2019-02-19 04:19:21Great white sharks may prove unlikely saviours of human lives thanks to their huge and extraordinary genome, scientists have discovered.

Facebook broke rules, should be regulated: UK lawmakers 2019-02-19 04:05:49British law makers say Facebook and other tech firms should be subjected to regulations


Meru seeks direct coffee sale deal with Italy's 2019-02-20 14:00:00Meru County is wooing an Italian coffee buyer as it seeks direct exports for its annual production of over 1,000 tonnes in a move expected to boost fa

Nostalgia and losses in wake of Gilani’s closure 2019-02-20 14:00:00Small-scale traders around Nakuru town who depended on Gilanis Supermarket as a market for their goods are feeling the pinch one week after its closur

Elgeyo Marakwet, Nyandarua, Laikipia the fastest-growing economies in 2019-02-20 14:00:00Agriculture, trade and manufacturing are the main growth drivers in top-performing counties.

Abattoir deal set to boost Isiolo’s livestock exports 2019-02-20 14:00:00Isiolo County has secured an investor to complete the construction of an abattoir that stalled due to poor workmanship and inadequate funds.

Kebs snubs re-test order for fertiliser 2019-02-20 13:24:36Collection of samples of the controversial fertiliser suspected to contain mercury flopped for the second time on Wednesday.

Uhuru to nurses: There’s no money 2019-02-20 13:23:40President Uhuru Kenyatta on Wednesday appeared to have closed all avenues for dialogue with the striking nurses after he ruled out raising “the bloa

Licence of killer bus company suspended 2019-02-20 13:06:15The transport regulator has revoked the licence of a Passenger Service Vehicle (PSV) operator following a tragic traffic crash last week that killed n

Treasury rejects Sh3.9bn IEBC bills 2019-02-20 13:05:39The Treasury has rejected a request of Sh3.9 billion that the electoral agency has put forward for pending bills arising from the last General Electio

Judiciary seeks to renovate CJ's residence 2019-02-20 13:04:38The Judiciary has written to the anti-graft watchdog seeking to renovate a mansion built at a cost of Sh310m as official residence of the Chief Justic

Samburu Governor homes searched in Sh2bn tender probe 2019-02-20 13:03:46Anti-corruption watchdog detectives Wednesday raided the homes and offices of Samburu Governor Moses Lenolkulal over claims of irregular awards of Sh2

KRA on path to net 66,000 landlords 2019-02-20 13:03:05The Kenya Revenue Authority (KRA) says it is skimming through bank records and transaction details of utility firms with the hope of roping in additio

Analysts see Chinese companies shifting from infrastructure 2019-02-20 12:43:54Chinese firms are likely to diversify from infrastructure projects in Kenya in the coming year to sectors such as manufacturing and ICT, which have cl

The EastAfricanBusiness

Moody’s: Uganda banks stand to benefit from falling 2019-02-19 04:45:08Move eases asset risk as exposure to shilling depreciation is expected to diminish.

Acacia Mining posts $59m profit for 2018 2019-02-19 03:19:47The focus was on operational performance across Bulyanhulu, North Mara and Buzwagi mines.

EAC central banks hold lending rates stable to 2019-02-19 02:57:03But they are also keeping an eye on global trade tensions between the US and China.

Rwanda: Ugandan goods are welcome 2019-02-18 08:00:14Media reports last week showed that Rwanda had banned Ugandan imports.

Are East Africa's business laws scaring away potential 2019-02-18 04:46:11Foreigners have to respect licencing laws, taxes, local shareholding, the environment and prevailing policy.

Kenya lifts China fish ban to boost supply 2019-02-18 04:00:00Ban lifted barely three months after the restrictions took effect in November.

Mobile money for Uganda securities 2019-02-18 03:41:15Any Ugandan with a mobile money account can directly buy government debt.

Tanzania, Uganda top EA’s project funding needs this 2019-02-18 01:57:03The oil and infrastructure sectors are the most likely to attract interest from investors.

Kenya goes for $1b syndicated loan to settle 2019-02-16 23:59:00TDB, the lead co-arrangers for the new credit line, plan to raise the cash by April.

MTN case pits Uganda against 4 nations 2019-02-16 13:19:00Kampala has been under pressure from France, Italy, South Africa and Rwanda.

KQ suffers setback as three aircraft out of 2019-02-16 07:51:38Kenya Airways is staring at an operational headache, following two separate incidents.

UK, East and Southern Africa countries ink new 2019-02-16 05:53:38It is meant to replicate the Economic Partnership Agreement that the EAC is yet to sign with EU.

Reuters: Business News

U.S. ambassador to Italy visits Telecom Italia headquarters 2019-02-20 06:07:09The U.S. ambassador to Italy, Lewis Eisenberg, visited the Rome headquarters of Italian phone group Telecom Italia on Wednesday, a Reuters witness sa

European Medicines Agency loses bid to end London 2019-02-20 05:48:33The European Medicines Agency (EMA) has lost its bid to void a lease on its office in London's Canary Wharf financial district due to Brexit, after a

U.S.-China trade hopes extend equity surge; central banks 2019-02-20 05:34:08World stocks hit a four-month high on Wednesday on hopes of progress in trade talks between the United States and China, with a dovish backdrop at maj

Ghosn's new lawyer, 'the Razor', takes aim at 2019-02-20 05:29:20Carlos Ghosn's new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal

Spotlight falls on Swedbank in Baltic money laundering 2019-02-20 05:14:37Swedbank defended its money laundering controls after Swedish television said it had uncovered documents linking the bank to suspicious transactions w

German prosecutors start penalty proceedings against Daimler in 2019-02-20 05:05:29German prosecutors in the city of Stuttgart have opened penalty proceedings against carmaker Daimler linked to suspected manipulation of diesel cars,

FMC expects NxStage deal to close in next 2019-02-20 04:51:38Germany's Fresenius Medical Care (FMC) said on Wednesday it has won the green light from U.S. regulators to acquire U.S. home dialysis equipment make

Amid trade talks, China urges U.S. to respect 2019-02-20 04:46:43The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegati

Sainsbury's-Asda deal in doubt as UK regulator raises 2019-02-20 04:38:40Britain's competition regulator has dealt a potentially fatal blow to Sainsbury's planned $9.5 billion takeover of Walmart's Asda, saying it was un

Microsoft says discovers hacking targeting democratic institutions in 2019-02-20 04:20:54Microsoft Corp on Wednesday said it had discovered hacking targeting democratic institutions, think tanks and non-profit organizations in Europe and

Saudi Aramco discussing investments in India's Reliance Industries: 2019-02-20 04:16:39Saudi Aramco's Chief Executive Officer Amin Nassar said on Wednesday that the company is in talks with India's Reliance Industries Ltd for possible

Governance panel opposed to Renault chairman being named 2019-02-20 04:15:41An external committee tasked by Nissan Motor Co to help improve corporate governance at the Japanese firm is opposed to the idea of Renault's chairma

Trading Economics

Kenya CfC Stanbic Bank PMI 2019-02-05 09:24:00Manufacturing Pmi in Kenya decreased to 53.20 in January from 53.60 in December of 2018. Manufacturing Pmi in Kenya is reported by Markit Economics. I

Kenya Gasoline Prices 2019-02-05 07:29:00Gasoline Prices in Kenya increased to 1.15 USD/Liter in November from 1.13 USD/Liter in October of 2018. Gasoline Prices in Kenya averaged 1.14 USD/Li

Kenya Central Bank Balance Sheet 2019-02-04 11:45:00Central Bank Balance Sheet in Kenya decreased to 1023256 KES Million in June from 1044017 KES Million in May of 2018. Central Bank Balance Sheet in Ke

Kenya Remittances 2019-02-04 11:18:00Remittances in Kenya increased to 243551.63 USD Thousand in December from 220215.34 USD Thousand in November of 2018. Remittances in Kenya averaged 90

Kenya Money Supply M1 2019-02-04 11:13:00Money Supply M1 in Kenya increased to 1436.27 KES Billion in October from 1390.28 KES Billion in September of 2018. Money Supply M1 in Kenya averaged

Kenya Central Government External Debt 2019-02-04 11:06:00External Debt in Kenya decreased to 2605.33 KES Billion in September from 2611.40 KES Billion in August of 2018. External Debt in Kenya averaged 836.7

Kenya Fiscal Expenditure 2019-02-04 11:05:00Fiscal Expenditure in Kenya increased to 852.03 KES Billion in November from 619.87 KES Billion in October of 2018. Fiscal Expenditure in Kenya averag

Kenya Government Revenues 2019-02-04 10:51:00Government Revenues in Kenya increased to 627.19 KES Billion in November from 496.23 KES Billion in October of 2018. Government Revenues in Kenya aver

Kenya Government Budget Value 2019-02-04 10:47:00Kenya recorded a government budget deficit of 224833 KES million in November of 2018. Government Budget Value in Kenya averaged -82681.07 KES million

Kenya Foreign Exchange Reserves 2019-02-04 10:30:00Foreign Exchange Reserves in Kenya decreased to 11667.90 USD Million in October from 11860.70 USD Million in September of 2018. Foreign Exchange Reser

Kenya Electricity Production 2019-02-04 09:47:00Electricity Production in Kenya decreased to 965.85 Gigawatt-hour in November from 969.05 Gigawatt-hour in October of 2018. Electricity Production in

Kenya Cement Production 2019-02-04 09:45:00Cement Production in Kenya decreased to 460967 Tonnes in November from 470524 Tonnes in October of 2018. Cement Production in Kenya averaged 364722.10

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