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CBK to buy 400 million dollars from banks amid global volatility fears
By Kepha Muiruri, 1939, March 3, 2020 (EAT)
The Central Bank of Kenya (CBK) has expressed its intent of growing its usable foreign currency reserves above normal levels by buying US dollars from...

Central Bank of Kenya (CBK) , foreign currency reserves , shilling
2019 review: Surviving as an ordinary Kenyan now more expensive
By Kepha Muiruri, 1122, December 30, 2019 (EAT)
In April, the Kenya National Bureau of Statistics (KNBS) released its 2019 Economic Survey placing economic growth by gross output at 6.3 percent over...

economic growth in Kenya
France commits Ksh. 283B to East Africa SME financing
By Kepha Muiruri, 1737, March 14, 2019 (EAT)
PROPARCO -- a Development Financial Institution partly-owned by the French Development Agency and private shareholders -- has committed a total of K...

French Development Agency , Jean-Yves Le Drian , smes
Gov’t sets aside Ksh.1B for Kenya mobile phone industry
By Reuters, 559, October 24, 2018 (EAT)
The government has set aside Ksh.1billion to help local start-ups in the Kenya mobile phone software and hardware segments to grow. ICT minister Jo...

Kenya mobile phone , mpesa , Mucheru
German brewer eyes local beer market
By Kepha Muiruri, 1444, March 28, 2018 (EAT)
German beer manufacturer Warsteiner has ventured into East Africa’s alcoholic beverages market intensifying the battle for the regionally lucrative ...

Beer , Carlsberg , distribution network , Heineken , Kenya Breweries , Keroche , Maxam , premium beer , Warsteiner
Rwanda targets high-end tourist market
By AFP, 1125, July 26, 2017 (EAT)
Nicaraguan singer Hernaldo Zuniga brought his entire family to trek through the lush forests and mist-shrouded volcanoes of northwestern Rwanda in sea...

exclusive tours , Individual Tours , mountain gorillas , niche tourism , Rwanda , Rwanda Development Board , segment tourism market , tourism , Volcanoes National Park , wealthy tourists
Kenya’s shilling steady against the dollar
By Agencies, 701, September 11, 2015 (EAT)
Kenya's shilling was little changed against the dollar on Thursday, with dollar demand from the telecoms sector offsetting the impact of two central b...

dollar , kenya , Kenya Shilling