economy

economy

Nairobi to get six more commuter trains this month

AfricaPress-Kenya: The Nairobi Commuter Rail service is set for a boost with the planned addition of extra trains by the end of this month. Kenya...

Lake Basin Mall drowning in Sh4b debt over unpaid loan

AfricaPress-Kenya: A loan taken by the Lake Basin Development Authority (LBDA) to build a mall has now risen to Sh4 billion due to accrued...

Kenya-UK trade deal in limbo as Parliament blocks ratification

AfricaPress-Kenya: The fate of the multi-billion shilling economic partnership agreement (EPA) between Kenya and the United Kingdom (UK) hangs in the balance, with just...

Kenya has untapped mineral potential

AfricaPress-Kenya: Kenya’s mining sector can contribute up to 12 per cent of the gross domestic product if fully exploited. This is according to a report...

MPs agree to IMF conditions with new budget directives

AfricaPress-Kenya: Members of Parliament have agreed to some of the tough conditions set by the International Monetary Fund (IMF) including the scrapping of tax...

KPA re-advertises the Managing Director’s position

AfricaPress-Kenya: A day after Treasury Cabinet Secretary Ukur Yatani rejected the list of the nominees for the Kenya Ports Authority Managing Director, the post has been...

KPA Board re-advertises MD position

AfricaPress-Kenya: The Kenya Ports Authority (KPA) has advertised again the post of Managing Director a day after National Treasury CS Ukur Yattani rejected three...

Government explores new markets for Miraa

AfricaPress-Kenya: The government is exploring new options for Miraa after running into problems with Somalia, a key market in the region. Speaking during the launch...

President Uhuru drums up support for regional integration

AfricaPress-Kenya: President Uhuru Kenyatta who addressed foreign envoys serving in Kenya on Thursday said that there were positive developments in countries such as South...

Kenya’s trade deal with UK uncertain

AfricaPress-Kenya: The United Kingdom has completed reviewing trade agreements with Kenya and is now waiting for Kenya to ratify and agree on a date...