Search
Kenyan Business News
PTA Bank gets Sh3.8bn funding
PTA Bank has received a loan facility of $50 million (Sh3.8 billion) from a consortium of international financiers for on-lending to small and medium sized corporate clients.
Categories: Kenyan Business News
Kenyan tea prices slide as higher output seen
The average price of Kenya's Broken Pekoe Ones fell to $3.75 per kg this week from $3.94 at the previous auction, brokers said on Wednesday.
Categories: Kenyan Business News
Internet set for radical change
The board of the international body that assigns internet addresses will this Friday vote on key strategic policies that will drive the future of internet.
Categories: Kenyan Business News
Fuel shortage looms as stocks held over inspection fee
Oil marketers were on Tuesday desperately groping for reprieve as Kenya Revenue Authority officials moved in to collect inspection fees before releasing fuel.
Categories: Kenyan Business News
NTV now on DStv Mobile
NTV viewers can now sample their favourite programmes on the move, after the station was linked to the DStv Mobile bouquet.
Categories: Kenyan Business News
Kenyan shilling trapped in narrow range versus dollar
The Kenyan shilling traded in a tight band against the dollar on Tuesday as inflows were slow and traders said the currency was likely to remain trapped for a few more days.
Categories: Kenyan Business News
Sony to launch 3D TVs in June, rivals Samsung
Sony Corp will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry.
Categories: Kenyan Business News
Toyota finds no flaw with safety electronics
Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems.
Categories: Kenyan Business News
Kenya moves to end oil inspection charges row
The government has summoned the Kenya Bureau of Standards and oil importers to a meeting on Monday next week to sort out the controversy over a multi-million oil inspection tender.
Categories: Kenyan Business News
Sh1.5bn set aside to buy maize
The government plans to spend Sh1.5 billion to buying maize from farmers for the Strategic Grain Reserve.
Categories: Kenyan Business News
Kenyan shilling steady versus dollar, seen in range
Kenya's shilling barely moved against the dollar in a slow session on Monday that was marked by little importer demand for the U.S. currency.
Categories: Kenyan Business News
Kenya economy to grow by 3 p.c., says IMF
Kenya’s economy is projected to achieve a three per cent growth as the country and its African peers bounce back from effects of the global financial crisis.
Categories: Kenyan Business News
Toyota chief says sees U.S. sales recovery ahead
Toyota Motor Corp's president said on Monday he believed that sales in North America could recover in March after a sharp decline last month when the automaker suspended sales of some recalled models.
Categories: Kenyan Business News
New tariff plan boosts hunt for green energy
Policy provides for producers to receive pay on every kilowatt hour of power output
Categories: Kenyan Business News
Egypt awaits sugar price fall to resume buying
Egypt wants to see a further fall in global sugar prices before resuming its raw sugar purchases, an official at the state-owned Sugar and Integrated Industries Company (SIIC) told Reuters today.
Categories: Kenyan Business News
Prepare for a larger market, advises PM
Prime Minister Raila Odinga has asked Kenyans to prepare to take advantage of an expanded market when the East Africa Common Market protocol comes into effect.
Categories: Kenyan Business News
What oil inspection fee, wonders PS
Lonyangapuo vows to effect changes at the standards body
Categories: Kenyan Business News