Category Archives: kenyaNews

REFILE-UPDATE 2-Kenyan lawmaker says "pretty sure" move to repeal rate cap will be defeated

NAIROBI, June 18 (Reuters) – The Kenyan lawmaker who
proposed the cap on commercial banks’ lending rates says he is
“pretty sure” last week’s move by the finance minister to repeal
it will be defeated in parliament.

Continue reading

Posted in kenyaNews | Tagged | Leave a comment

Kenyan lawmaker says "sure" move to repeal rate cap will be defeated

NAIROBI, June 18 (Reuters) – The Kenyan lawmaker who
successfully proposed a cap on commercial banks’ lending rates
is “sure” last week’s move by the finance minister to repeal it
will be defeated in parliament, he told Reuters on Monday.

Continue reading

Posted in kenyaNews | Tagged | Leave a comment

UPDATE 1-At least eight Kenyan police killed by militants

NAIROBI, June 18 (Reuters) – Eight Kenyan police officials
were killed when their vehicle hit an improvised
explosive device planted by Somalia’s al Shabaab militant group,
police said.

Continue reading

Posted in kenyaNews | Tagged | Leave a comment

UPDATE 1-At least eight Kenyan police killed by militants

NAIROBI, June 18 (Reuters) – Eight Kenyan police officials
were killed when their vehicle hit an improvised
explosive device planted by Somalia’s al Shabaab militant group,
police said.

Continue reading

Posted in kenyaNews | Tagged | Leave a comment

Kenya’s Safaricom opposes planned tax increase on mobile cash transfers

NAIROBI, June 18 (Reuters) – Kenya’s biggest mobile phone
operator Safaricom is opposed to a proposed tax rise
on mobile phone based cash transfers that its chief finance
officer said on Monday would discourage the drive towards modern
payments systems… Continue reading

Posted in kenyaNews | Tagged | Leave a comment

Kenyan shilling firm on tightening liquidity

NAIROBI, June 18 (Reuters) – The Kenyan shilling held
steady against the dollar on Monday but was expected to
strengthen due to tightening liquidity in the money markets
increasing demand for the local currency, traders said.
At 1000 GMT, commerci… Continue reading

Posted in kenyaNews | Tagged | Leave a comment

Kenyan shilling firm on tightening liquidity

NAIROBI, June 18 (Reuters) – The Kenyan shilling held
steady against the dollar on Monday but was expected to
strengthen due to tightening liquidity in the money markets
increasing demand for the local currency, traders said.
At 1000 GMT, commerci… Continue reading

Posted in kenyaNews | Tagged | Leave a comment

Kenyan shilling firm on tightening liquidity

NAIROBI, June 18 (Reuters) – The Kenyan shilling held
steady against the dollar on Monday but was expected to
strengthen due to tightening liquidity in the money markets
increasing demand for the local currency, traders said.
At 1000 GMT, commerci… Continue reading

Posted in kenyaNews | Tagged | Leave a comment

Kenya says five police officers killed in explosive device attack

NAIROBI, June 18 (Reuters) – Eight Kenyan police officials
were killed in the eastern part of the country on Sunday after
their vehicle hit an improvised explosive device planted by
Somalia’s al Shabaab militant group, police said.

Continue reading

Posted in kenyaNews | Tagged | Leave a comment

FEATURE-Kenya’s "budget for the rich" pushes poor to the brink – campaigners

NAIROBI, June 15 (Thomson Reuters Foundation) – A few miles
from the resplendence of Kenya’s Parliament House where the
finance minister delivered his budget on Thursday, Deborah
Mwandagina, deputy principal of a primary school in Nairobi’s
Mukuru slum… Continue reading

Posted in kenyaNews | Tagged | Leave a comment