Kenyans set for high December electricity bills

By Kepha Muiruri,

Kenyans are set for higher electricity bills at the end of the Christmas festivities courtesy of weakened shilling. According to the just published...

Energy and Petroleum Regulatory Authority (EPRA) , shilling

Shilling remains in free fall as it crosses Ksh.111 mark against the dollar

By Kepha Muiruri,

The Kenyan shilling has remained in a free fall as it crosses a new confidence marker to trade past Ksh.111 mark against the US dollar. The local u...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , shilling

Treasury to favour Euro-denominated loans

By Kepha Muiruri,

The National Treasury says it will now favour taking out Euro-denominated loans over credit extended in US dollar terms as it seeks to minimize Kenya�...

CS Ukur Yatani , Kenya's debt , National Treasury

COTU to face Finlays in court over workforce compensation

By Kepha Muiruri,

The Central Organization of Trade Unions (COTU) says it will move to court to defend Finlays workers over outstanding dues owed by the firm ahead of t...

COTU , Finlay's , flower farming in Kenya

Zimbabwe businesses drop local currency for US dollars

By VOA,

As Zimbabwe’s economy struggles and the country faces scarce fuel supplies, some businesses are refusing to accept the ever-weakening local currency...

US Dollars , Zimbabwe , zimbabwe currency

Artist copes by drawing his Syrian torture

By VOA,

A Syrian artist draws sketches of colorless, broken and undefined features in an attempt to cope with the horror and trauma of his time in prison, whe...

Exiled Syrian artist , Najah al-Bukai , Syria , Syrian Observatory for Human Rights , Syrian-Lebanese border , torture

Sudan currency continues descent on black market amid unrest

By VOA,

Sudan's pound currency weakened to 30.5 pounds to the U.S. dollar on Tuesday from about 29.5 pounds a day earlier, traders said, continuing its fall a...

northeastern African country , Sudan currency continues descent on black market amid unrest , Sudan protests over bread prices and an acute shortage of hard currency. , Sudan's pound currency weakened to 30.5 pounds to the U.S. dollar on Tuesday from about 29.5 pounds a day earlier

Treasury says economy to remain stable after Brexit vote

By Citizen Reporter,

The national treasury is confident there will be no immediate impact from Great Britain’s decision to leave the European Union. According to Trea...

World Bank Director: Panama Papers Revelations Hurt Economies

By VOA,

The Panama Papers revelations are hurting public trust and may make ordinary citizens more reluctant to pay the taxes needed to fund roads, schools an...

Forex Report 14th Feb 2014

By Citizen,

The central bank was quoting the shilling at an indicative rate of 86 shillings and 29 cents buying and 86 shillings and 46 cents selling. The ...

citizen news , citizentv , Forex