Kenya: Parliament to Raise Deposit Guarantee after Bank Closures
Lawmakers in Kenya are considering a proposal to raise the amount of bank deposits guaranteed in case of a collapse by 20 times to $19,800 […]
Kenya
Africa Power Vision to Electrify Continent by 2063
A joint venture called Africa Power Vision (APV) is planning to electrify the African continent with reliable and affordable energy sources by 2063. The development […]
Kenya Airways to cut 600 jobs
Kenya Airways plans to lay off about 600 employees, part of its restructuring measures starting May 2016. The airline, which uses the slogan “The Pride […]
Kenya: Chinese Firm to Carry out Cross-Country Rail Project
The Kenyan government on Wednesday signed agreement with China Communications Construction Company (CCCC) that will carry out a cross-country rail project to link the East […]
Kenya: Phantoms in the Police, Real Brainteaser for Authorities
The issue of ghost workers has been a major problem facing Kenyan government agencies over the past recent months. In the police corps, new reports […]
Kenya: Uchumi Closes Five Outlets, Cuts 253 jobs
Uchumi Supermarkets has closed operations in five outlets in Kenya as part of the company’s reorganization process. The move will see 253 workers lose their […]
Kenya Cuts Expenditures to Curb Surging Deficit
Kenyan finance minister on Thursday said the country’s Treasury has sent parliament supplementary spending plans that introduce net cuts of about $493 million, for the […]
Al-Shabaab Take Control of Port in Somalia
Somali al-Shabaab militants took control of the Northern port town of Garacad on Monday. “Al Shabaab fighters with several boats captured Garad town,” Hassan Mohamed, […]
Al-Shabaab Next Target: Kenya State House
Al Shabaab, al Qaeda’s affiliate in Somalia that is most known for carrying out deadly attacks there and in Kenya, released a new video threating […]
Kenya: Multi-Billion Wind Power Project Suspended
Construction of a $144 million wind farm in Kenya has been frozen after running into strong headwinds tied to land acquisition. The proposed 61 megawatt […]