Kenya: turning radio links into broadband for the countryside
Picture: Katrina Manson Pupils at a school on the green slopes of Mount Kenya no longer have eyes for the blackboard. Instead they are transfixed by a $500 tablet. Belinda, 19, touches the screen...
View ArticleKenya: Indian bank sets up office ahead of elections
The Central Bank of India is on the hunt for business in Kenya. A government-controlled commercial bank whose branch network runs to 4,200, Mumbai-based CBI has become the east African country’s sixth...
View ArticleKenyan banks: party time
Kenya’s two biggest banks by market capitalisation, Equity Bank and Kenya Commercial Bank (KCB), both reported solid full year earnings on Thursday, underlining strong growth potential for financial...
View ArticleKenya elections: markets betting on peaceful outcome
The Kenyan presidential and parliamentary elections held on Monday have been portrayed as a big test of the country’s ability to hold a peaceful poll after the terrible violence that marred the 2007...
View ArticleIn pictures: Kenya votes
Kenya’s presidential and parliamentary elections are held on Monday, with the two leading presidential candiates Raila Odinga and Uhuru Kenyatta very close in the polls. Markets are betting on a...
View ArticleKenya’s poll: peaceful, so far
With polling stations for the Kenyan presidential and parliamentary elections kept open beyond the official closing time to accommodate queuing voters, reports suggest the day has passed off peacefully...
View ArticleKenya elections: Kenyatta in early lead
Partial results in the Kenyan presidential election show Uhuru Kenyatta ahead with 53 per cent of the vote as of 22h00 in Kenya (19h00 GMT), with rival Raila Odinga on 42 per cent. However, with many...
View ArticleKenya: shilling falls as uncertainty surrounds election count
A failure of electronic vote counting systems has delayed the announcement of preliminary results for the Kenyan presidential elections and caused a sharp drop in the value of the shilling. The Kenyan...
View ArticleKenya elections: down to the wire
The race for Kenya’s presidency is heading to a nail-biting finish as the front-runner’s lead fades away and the votes counted show the decision going to a run-off for the first time since counting...
View ArticleKenyatta declared Kenya’s new president
Uhuru Kenyatta has been declared the winner in Kenya’s tense presidential elections, but Raila Odinga, the prime minister is refusing to accept the results, report Katrina Manson and William Wallis....
View Article[video] Mobile money keeps Kenya economy moving
Kenya has led Africa’s innovative and revolutionary embrace of mobile telephones, and the country’s technology sector has grown faster than all others in east Africa’s regional economic hub. Bob...
View ArticleKenya: market rallies despite doubts
The markets bet on a peaceful outcome, and so far, they’ve been proved right. The Nairobi All-Share index jumped 3.2 per cent on Monday to a 5-year high of 115.37. But Kenya’s election is hardly done...
View ArticleGuest post: Africa’s future is not seen in the rear view mirror
By Aly-Khan Satchu of Rich Management It was Vinod Khosla, who bagged a billion at Sun MicroSystems in Silicon Valley, who said, ‘The future is not seen in the rear view mirror.’ I started my journey...
View ArticleWest on Kenyatta: bark and no bite?
Diplomatic relations between Kenya and the west took a pummelling over the course of the country’s presidential election, which saw Uhuru Kenyatta (left) – currently indicted by the International...
View ArticleNational Bank of Kenya: power shortage cuts profits
It has been a tumultuous few days for shares in National Bank of Kenya, the country’s ninth biggest lender by market capitalisation. A lack of the price-setting power enjoyed by bigger banks meant it...
View Article[in pictures] Kenyatta is sworn in
President Uhuru Kenyatta, right, receives the sword of the Commander In Chief of the Kenya Armed Forces. Photo: Reuters Uhuru Kenyatta was sworn in as Kenya’s president on Tuesday. The March election...
View ArticleKenya’s CIC Insurance ready to expand in region
Less than two years after independence, South Sudan is attracting the attention of insurance companies in east Africa. And it’s not the region’s only new frontier. CIC Insurance Group of Kenya is ready...
View ArticleKenya: another unexpected hefty cut
When it comes to interest rates, Kenya is hard to predict. Having cut interest rates from 18 per cent in mid-2012 in great chunks of 150, 200 and 350 basis points to 9.5 per cent, Tuesday’s central...
View ArticleHow to get Africa online: ‘white space’
Africa has the lowest internet penetration rate globally, but some of the world’s tech giants think they may have touched a magic formula for the rollout of broadband on the continent. The ‘white...
View ArticleKenya looks to fast-track mining act
Kenya may have avoided the dreaded ‘resource curse’ afflicting many of its African peers, but that leaves the government with painful revenue-raising choices, such as the controversial recent attempt...
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