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Reuters
Nov 27
Comment
The Kenyan shilling weakened sharply on Friday in a fall traders said was triggered by banks covering short positions and offshore selling of the Kenyan currency due to concerns over Dubai's debt problems.
Reuters
Nov 27
Comment
Kenya's economy was far stronger in November than two months earlier, but banks were unlikely to cut commercial lending rates this year because they wrongly perceived a high default risk, the central bank said on Friday.
New York Times
Nov 27
Comment
A Canadian and an Australian were getting medical care after 15 months held by Somali insurgents.
Sydney Morning Herald
Nov 26
Comment
Two foreign journalists freed after 15 months in captivity in Somalia arrived in neighbouring Kenya on Thursday.
Reuters
Nov 26
Comment
The yield on Kenya's 182-day Treasury bill fell to 7.943 percent from 8.061 percent at the previous sale, the Central Bank of Kenya said on Thursday.
Reuters
Nov 26
Comment
Kenyan banks' assets rose by 11 percent in the year ended September to 1.31 trillion shillings, showing resilience in the face of the economic slowdown, the central bank's governor said on Thursday.
Reuters
Nov 26
Comment
Kenya said on Thursday it would invest some 26 billion shillings to expand and modernise its major airports over the next four years, 16.8 billion of which will by financed through loans.
Reuters
Nov 26
Comment
Kenya's shilling strengthened slightly against the dollar on Thursday, helped by U.S. currency inflows from the agriculture sector and non-governmental organisations.
Cellular News
Nov 26
Comment
Nokia Siemens Networks says that it has secured a five-year network management contract from Zain covering its networks in Kenya, Tanzania and Uganda.
Reuters
Nov 26
Comment
Kenya's CFC Stanbic Bank posted a 6 percent drop in its pretax profit for the first nine months of the year to 980.7 million shillings compared with the same period last year.
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