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February 14th, 2012

NAIROBI (Reuters) - Kenya's acting finance minister said on Tuesday that inflation in east Africa's biggest economy should continue to fall and urged banks to cut lending rates to help the middle class. Aggressive monetary tightening since October and slight declines in prices of food and fuel saw the inflation rate fall in January for a second consecutive month, to 18.3 percent after it hit a ...

February 15th, 2012

GATUNDU, Kenya (Reuters) - Next door to the mansion where Kenya's richest man, presidential contender and now war crimes suspect Uhuru Kenyatta grew up near the capital Nairobi, stands Francis Karanja's mud hut with a tin roof. Father of two Karanja voted for the 50-year-old Kenyatta to be his member of parliament, hoping the son of Kenya's founding father, Jomo Kenyatta, would help him rise out ...

January 31st, 2012

NAIROBI (Reuters) - Kenya's economic growth will speed up to 5 percent or more in 2012 if rains vital to the key farm sector do not fail and other shocks do not materialise, a senior Treasury official said on Tuesday. He also said high market interest rates should fall in the next six months as the government reduces borrowing on local markets with the help of a foreign loan. Politics, drought ...

February 15th, 2012

LANET UMOJA, Kenya - When the administrative chief of this western Kenyan village received an urgent 4 a.m. call that thieves were invading a school teacher's home, he sent a message on Twitter. Within minutes residents in this village of stone houses gathered outside the home, and the thugs fled.

February 15th, 2012

[ICG] As Kenya advances into southern Somalia, it must act cautiously and avoid prolonged "occupation", lest it turn local opinion against the operation and galvanise opposition Al-Shabaab can co-opt, much as happened to Ethiopia in 2006-2009.

February 15th, 2012

When the administrative chief of this western Kenyan village received an urgent 4 a.m. call that thieves were invading a school teacher's home, he sent a message on Twitter. Within minutes residents in ...

February 13th, 2012

[Nation] Kenya has set out an ambitious project to build three tourism resort cities at the Coast and in the North in the next two years to boost the industry.

February 13th, 2012

NAIROBI (Reuters) - Kenya wants to involve private investors in plugging a gap of over $44 billion in funds needed to build new ports, roads and railways and to improve water and electricity supply over the next five to eight years, a senior finance ministry official said on Monday. Joseph Kinyua, permanent secretary at the Treasury, said a bill will go before parliament next month aimed at ...

February 13th, 2012

[Capital FM] Nairobi, Kenya - The Kenya African National Union (KANU) has once again postponed a crucial meeting to discuss and adopt strategies ahead of the forthcoming general elections.

February 15th, 2012

[Business Daily] The United Nations Environment Programme has warned Kenya against venturing into nuclear energy generation, saying the country has more sustainable options for meeting its power needs.

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