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Kenya 24/05/2012

16:27 : Kenya's StanChart to raise $37 mln in rights issue - NAIROBI, May 24 (Reuters) - Standard Chartered Bank of Kenya will raise 3.2 billion shillings ($37.5 million) in a rights issue to fund its business expansion, the bank said on Thursday.
Source : reuters-com

Kenya 08/05/2012

09:18 : Tullow Oil regains losses after Kenya discovery but FTSE falters on renewed - Tullow reports positive news from Kenya just days after disappointing market with Ghana updateTullow Oil shareholders are having a bumpy ride, after a 4% fall in its shares on Friday but a similar sized increase following ...
Source : guardian-co-uk

Kenya 19/04/2012

13:24 : Kenya's Standard Chartered plans cash call to expand - NAIROBI, April 19 (Reuters) - Standard Chartered Bank of Kenya plans to increase its authorised share capital ahead of a rights issue, pending approval from shareholders and regulators, the bank said in a statement ...
Source : reuters-com

Kenya 14/04/2012

23:10 : Telkom Kenya Undersea Cable Goes Live In Kenya -Telkom - NAIROBI, Kenya -(Dow Jones)- The Telkom Kenya-operated undersea cable has gone live, the firm said in a statement late Friday. The Lower Indian Ocean Network submarine cable, or LION2, whose laying cost is over 5.7 billion Kenya ...

Kenya 26/03/2012

18:50 : Kenya strikes oil for first time - President Mwai Kibaki says that more wells will be drilled to ascertain the commercial viability of the discoveryKenya announced its first oil discovery on Monday, saying it was found in the northern part of the country where Africa-focused ...
Source : guardian-co-uk
17:35 : Tullow, Ophir and BG benefit from discoveries, as Bernanke comments lift ... - Leading index climbs nearly 1% as Federal Reserve chairman hints at possible QE3Energy companies were in the spotlight, with announcements of new oil and gas discoveries, as the market made a bright start to the week - mainly thanks ...
Source : guardian-co-uk
14:11 : Kenya discovers oil, to check commercial viability - NAIROBI (Reuters) - Kenya announced on Monday its first oil discovery, saying it was found in the northern part of the country where British Tullow Oil Plc has been conducting exploratory drilling.
Source : reuters-com
12:25 : Tullow shares lifted by Kenyan oil discovery - Company announces success with its first well in Kenya and Ethiopia programmeTullow Oil shares have been lifted by news of an oil discovery in Kenya.The company has climbed 34p to £15.07 after ...
Source : guardian-co-uk

Kenya 20/03/2012

09:14 : Kenya central banker weathers parliament, Twitter storm - NAIROBI, March 20 (Reuters) - Kenya's central bank chief marched out of a hotel last month, barely pausing for questions as the markets buzzed with rumours a parliamentary committee was set to call for his removal over a year's-worth of market chaos.
Source : reuters-com

Kenya 08/03/2012

07:16 : UPDATE 1-Kenya's Equity Bank 2011 pretax profit up 42 pct - NAIROBI, March 8 (Reuters) - Equity Bank of Kenya posted a 42 percent rise in its pretax profit for 2011 to 12.83 billion shillings ($155 million), thanks to growth in its net interest income and a fall in bad debts provisions, its chief ...
Source : reuters-com

Kenya 02/03/2012

08:41 : Simba Energy Inc. : Simba Energy Updates on Kenya Block 2A - Simba Energy Inc. / Simba Energy Inc. : Simba Energy Updates on Kenya Block 2A . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement. March 2, 2012 ...

Kenya 27/01/2012

21:24 : Letters: Join our global charter to stop world hunger now - This week, with the world's business, political and economic leaders meeting in Davos, we should not be seeing tens of thousands of people dying of starvation and 13 million at risk of losing everything they have in Kenya, Ethiopia ...
Source : guardian-co-uk

Kenya 10/01/2012

14:52 : Rupert Murdoch 'denied' in Asia ELT broadcast contract - Singapore to scrap language test for foreign maids; Insider trading charges in Global Education schools sale; Rwanda 'failing' to lure ELT mentors from Kenya; British Council's return to Libya announcedSky News, ...
Source : guardian-co-uk

Kenya 06/01/2012

11:27 : Information in the market regarding project in Kenya - Information in the market regarding project in Kenya Aarhus, Denmark, 2012-01-06 12:04 CET (GLOBE NEWSWIRE) -- Today there is information in the market regarding a 310 MW project in Kenya. Vestas can confirm that ...

Kenya 28/12/2011

09:06 : Kenya shilling slips vs dollar as banks square positions - NAIROBI, Dec 28 (Reuters) - The Kenyan shilling weakened 0.3 percent against the dollar in thin volumes on Wednesday after banks squared off dollar positions ahead of the New Year, traders said.
Source : reuters-com

Kenya 21/12/2011

14:36 : Kenya sells a quarter of 182-day t-bills - NAIROBI, Dec 21 (Reuters) - Kenya sold about a quarter of 182-day Treasury bills at auction on Wednesday, the central bank said, and the weighted average yield rose to 18.576 percent from 18.445 percent.
Source : reuters-com

Kenya 02/12/2011

08:53 : Kenya licenses FirstRand to open representative office - JOHANNESBURG, Dec 2 (Reuters) - Kenya has licensed South African banking group FirstRand to open a representative office for marketing and liaison purposes, the east African nation's central bank said on Friday.
Source : reuters-com

Kenya 24/11/2011

22:49 : From King's Road to Kenya: Vivienne Westwood's new fashion journey - British designer's products part of Ethical Fashion Africa, which offers Nairobi's poor a better lifeIn a whitewashed building in Nairobi's industrial area, scores of women are sewing handbags for some of fashion's best-known labels. But as their machines ...
Source : guardian-co-uk
10:34 : Kenya revives debut eurobond deal plans - sources - Nov 24 (IFR) - Kenya has revived plans to issue its inaugural bond, according to sources, and kept the lead managers from the original mandate - Barclays Capital and Deutsche Bank. Neither bank would confirm ...
Source : reuters-com

Kenya 06/11/2011

17:27 : Safari aficionado Kent sets sights on Chinese game - It is nearly five decades since a young Geoffrey Kent set about convincing rich Americans of the virtues of big game safaris in his native Kenya that focused on appreciating the animals, rather than shooting them.
Source : telegraph-co-uk

Kenya 03/11/2011

12:18 : Kenya cenbank sets new rules for repo market - NAIROBI, Nov 3 (Reuters) - Kenya's central bank said on Thursday it had set a new minimum interest rate on reverse repo agreements and increased scrutiny of its lending to commercial banks in a fresh effort to stabilise the currency ...
Source : reuters-com

Kenya 01/11/2011

16:35 : Barclays Kenya's nine-months profit up 26 pct - NAIROBI, Nov 1 (Reuters) - Barclays Bank of Kenya said on Tuesday its pretax profit increased 26 percent to 8.87 billion shillings ($90 mln) during the nine months ended September, driven higher by the benefits of a cost-cutting ...
Source : reuters-com

Kenya 26/10/2011

07:20 : Kenyan herders reap dividends from livestock insurance - Pastoralists whose herds have been decimated by drought receive first payments under innovative new schemeAbout 650 herders in the vast arid area of Marsabit in northern Kenya last week received the first insurance payouts from an unusual ...
Source : guardian-co-uk

Kenya 27/09/2011

14:10 : Kenya mortgage firm says weak shilling hurts industry - NAIROBI, Sept 27 (Reuters) - Kenyan mortgage lender Housing Finance said on Tuesday that shilling depreciation was slowing the flow of real estate developments and could hurt the industry as construction materials costs rise.
Source : reuters-com

Kenya 12/09/2011

19:13 : Kenya explosion exposes lethal lines that tempt the desperately poor - Oil and gas companies often fail to bury or protect their pipelines in developing nations as they face little legal backlashIn the last two years there have been at least 30 major pipeline explosions and leaks of oil and gas, and ...
Source : guardian-co-uk

Kenya 06/09/2011

13:45 : Ethiopia uncorks a new export with French wine-making partnership - Vineyards will help to add value to crops in the Rift ValleyMaking wine in Ethiopia, when the whole world has seen pictures of famine there, may seem absurd, if not indecent. But that would be to forget that this country of 88 million ...
Source : guardian-co-uk

Kenya 05/09/2011

05:43 : Kenya raises local borrowing limit - report - NAIROBI, Sept 5 (Reuters) - Kenya's Finance Ministry has raised its domestic borrowing limit to 70 percent of total public debt to shield the economy from turbulence in foreign debt markets, the Business Daily reported on Monday.
Source : reuters-com

Kenya 31/08/2011

09:53 : Kenya gets grip on rates but faces confidence crisis - NAIROBI (Reuters) - Kenya's central bank has managed to cool sky-high money market interest rates with its latest policy adjustment, but analysts say it still faces a struggle to restore market confidence and stem weakness of the ...
Source : reuters-com

Kenya 30/08/2011

15:05 : Kenya to float tender for pipeline in December - NAIROBI, Aug 30 (Reuters) - Kenya plans to issue a tender in December to build a $300 million fuel pipeline to replace an older one to meet rising demand for commodities in the region, a top government official said on Tuesday.
Source : reuters-com

Kenya 17/08/2011

06:56 : Kenya cbank raises discount window rate to 15.68 pct - NAIROBI, Aug 17 (Reuters) - Kenya's central bank raised on Wednesday its discount window rate to 15.68 percent from 13.87 percent a day earlier, a posting on its website showed, on the back of its revised overnight lending rules last week.
Source : reuters-com
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