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News from KenyaMarch 11, 201017:33
Kenyan President Mwai Kibaki thanked Japan's Crown Prince Naruhito Thursday for his country's support in programmes to combat climate change, the government said.
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16:35
Nakumatt, Kenya's biggest retail chain by turnover, has bought four stores from rival Woolmatt Supermarkets, its managing director has said.
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14:12
(AFX UK Focus) 2010-03-11 13:39 Kenya's Nakumatt buys rival Woolmatt's stores (Interactive Investor)
NAIROBI, March 11 (Reuters) - Nakumatt, Kenya's biggest retail chain by turnover, has bought four stores from rival Woolmatt Supermarkets, its managing director said on Thursday. Atul Shah said the outlets cost Nakumatt about 400 million shillings ($5.21 million) and will help it expand its footprint in the busy Kenyan capital's central business district. A store that was located in downtown ...
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12:26
This is our first report on Kenya's insurance sector. As is the case with our other insurance sector reports, we seek to place the non-life and life segments in a regional and global context. We discuss the main insurance lines and describe the competitive landscape in some detail.
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12:26
Our Q2 2010 update on Kenya's telecommunications market contains newly revised forecasts for the country's fixed-line, broadband and mobile telephony markets.
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12:03
Charles Starmer-Smith joins wildlife and world champions for a gruelling marathon across Kenya.
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09:57
Japan's Crown Prince Naruhito arrived in Kenya late Wednesday for a three-day visit, the second stop in his tour of Africa which began in Ghana.
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09:54
Seven suspected members of Kenya's Mungiki sect, notorious for its beheadings, were shot and killed in a police operation in Nairobi overnight, police said Thursday.
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08:48
March 11 (Bloomberg) -- National Bank of Kenya Ltd. , a state-controlled lender, surged the most in three years after saying full-year profit advanced 18 percent from a year earlier as income from loans grew.
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07:52
New York, Mar 11: The recently flooded regions of Kenya could fall victim to water-borne diseases if public hygiene campaigns are not organized, the United Nations humanitarian wing warned.
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07:19
March 11 (Bloomberg) -- Cooperative Bank of Kenya Ltd., the country’s fourth-biggest lender by assets, posted a 24 percent increase in full-year profit as its customer base nearly doubled, Chief Executive Officer Gideon Muriuki said.
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06:43
NAIROBI, March 11 (Reuters) - National Bank of Kenya has pushed back the expected sale of its government-held shares again, saying it is now targeting December this year rather than June. "The indications are that it may spill over to December this year. So the target is now December," Managing Director Reuben Marambii told an investor briefing on Thursday. National is among a host of ...
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06:27
NAIROBI, March 11 (Reuters) - National Bank of Kenya said on Thursday its pretax profit in 2009 rose to 2.16 billion shillings ($28.1 million) and that it would issue bonus shares rather than resuming dividend payments. National Bank has attracted attention lately because the government is selling its shares in the 10th largest bank by assets in east Africa's biggest economy. "Total assets have ...
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05:57
NAIROBI, March 11 (Reuters) - National Bank of Kenya said on Thursday its pretax profit in 2009 rose to 2.16 billion shillings ($28.1 million).
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05:48
March 11 (Bloomberg) -- National Bank of Kenya Ltd. posted full-year profit of 1.46 billion shillings ($19.1 million), up 18 percent from a year earlier, as income from loans grew, Managing Director Reuben Marambii told reporters today in Nairobi, the capital.
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05:43
NAIROBI, March 11 (Reuters) - Kenya's Co-operative Bank posted a rise in pretax profit for 2009 and doubled dividend per share to 0.2 shillings, the bank said on Thursday. The bank said it made a profit of 3.74 billion shillings ($48.73 million) for the period compared with 3.4 billion shillings previously, thanks to jumps in net interest income and the loan book. (Reporting by Helen Nyambura ...
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04:49
The recently flooded regions of Kenya could fall victim to water-borne diseases if public hygiene campaigns are not organized, the United Nations humanitarian wing warned today.
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March 10, 201023:46
Nairobi — Deputy Prime Minister Musalia Mudavadi was on Wednesday questioned for close to three hours by detectives from the Kenya Anti-Corruption Commission investigating the graves scandal.
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22:28
The recently flooded regions of Kenya could fall victim to water-borne diseases if public hygiene campaigns are not organized, the United Nations humanitarian wing warned today.
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22:05
In this photo taken Tuesday, March 9, 2010, two silverback jackals are seen in the grass in the Tsavo East game park in Kenya. There are no current comments at this time. Be the first to post one!
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