Country Profile: Kenya

The World Bank (WB) has approved Sh2.84 billion ($35 million) loan to help Kenya improve income from marine and coastal resources.

Bogota, Colombia - Isaac Macharia, an economics graduate of Nairobi University, treats each Bogota International Half Marathon like a final exam. Macharia studies up at altitude back in Kenya - Bogota...

Nigeria sprinters led a West African domination of the sprint events at the start of the African Athletics championships in Nairobi, Kenya, on Wednesday

Express Kenya has posted a 22 per cent rise in half -year profits. The company returned net earnings of Sh30.9 million against Sh25.3 million recorded in the same period last year.

The weak European economy and the six-day closure of Europe’s airspace reduced the half year horticultural earnings by 25.5 per cent, raising fears of staff cuts in Kenya’s largest foreign exchange earner.

Tanzania has allowed East African Breweries Limited to buy a controlling stake in Serengeti Breweries, handing the Kenyan firm a key weapon in the ongoing battle for control of the neighbouring country’s beer market.

Telecommunications firm Telkom Kenya has posted a 9.4 per cent drop in revenues for the six months ended June 30. It recorded Sh4.5 billion from Sh5.5 billion over a similar period last year.

Born Fauz Bashir to a Ugandan mother and a Tanzanian father in Kenya, Faizel MC lived in Uganda all his life where he completed his secondary education until he moved to Namibia.

If the results of a recent PricewaterhouseCoopers survey are anything to go by, Kenyan employers have a herculean task before them.

Top European and US hotel chains are increasing their presence in Kenya, signalling the beginning of increased competition for the growing number of tourists and boosting the country’s standing as a conference tourism destination.

Kenya has the third highest number of blogs in Africa after Nigeria and South Africa, a firm indication of the nation’s increasing IT literacy.

Kenya’s third largest telecoms operator Telkom has signed a partnership agreement with Mobicom, one of the country’s top dealers, staging the first coup in a market that is expecting major shifts in the next six months with the entry of a new operator.

Kenyan firms must make big shifts in people management to retain a new crop of highly skilled employees coming into the workplace with high expectations, love for speed and responsibility to remain competitive in the labour market, a new survey indicates.

A TOTAL of 7,121,188.70 kgs of tea was sold on Monday at the Mombasa Tea auction in Kenya, where 264,932 kgs was from Tanzania.

NATIONAL women's team golfer Angel Eaton proved her prowess in the field after winning the Coast Open title in Mombasa Kenya on Monday evening.

AT least seven Tanzanian runners are expected to be in action today as the 17th edition of the Africa Senior Athletics Championship gets underway at the Nyayo Stadium in Nairobi, Kenya.

The East African anti-corruption watchdog--the East African Bribery Index (EABI)--latest survey ranks Tanzania as fourth with a corruption prevalence of 28.6 per cent, followed by Kenya 31.9 per cent, Uganda 33 per cent and Burundi is the worst with 36.7 per cent.

Kenyan firms spent Sh20 billion on advertising in the six months to June —nearly as much as the annual spend for 2008 —signalling a rising optimism in the economy and the jostling for brand visibility in a market where consumers are regaining lost purchasing power.

The court has restrained National Bank of Kenya from advertising for sale a five-storey building in Nairobi’s upmarket Westlands suburb over a disputed Sh655 million debt.

Euro zone turbulence is keeping global commodity prices in check, helping Kenya to cut its import bill and slowing down the pace of inflation that is offering consumers much needed relief in the marketplace.