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Kenya’s economy increases by a quarter to join Africa’s top 10. Based on a debt figure of 2.4 billion shillings released in August after Kenya’s heavily oversubscribed, maiden Eurobond, the debt-to-GDP ratio falls to about 50 percent from 57 percent previously, according to a Reuters calculation.
Kenya's growth outlook to 6.5 percent from 6.9 percent. "The market is flat ahead of the budget. People want to see . the budget first before making the next move," said a trader at . one Nairobi-based commercial bank. The shilling has been under pressure from the global . strength of the dollar, a growing current account deficit and
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PwC’s eighth edition of the Hotels outlook: 2018-2022 includes information about hotel accommodation in South Africa, Nigeria, Mauritius, Kenya and Tanzania. The report projects that hotel room revenue for the five markets will increase at a 7.4 percent compound annual rate to R50.5 billion in 2022 from R35.2 billion in 2017.
This year, it is funding the implementation of at least 25 projects to the tune of $1.5 billion (Sh154 billion) in various sectors including agriculture, environment, energy, water and sanitation. The bank’s country representative, Mr Jeremiah Mutonga, says this is a significant increase in the number of projects they were helping fund in 2006.
"Other contingencies in place include the level of official foreign exchange reserves, which is at an all time high of more than $8.5 billion or 5.5 months of import cover; this will cushion us.
Kenya’s mobile solution startup Africa’s Talking has a raised a Series A Funding of $8.6 M led by the international finance corporation (ifc), alongside Orange Digital Ventures and Social Capital, and other global venture capital funds. Africa’s Talking is planning to expand into more African countries as of recent it extended its offices into Uganda, Rwanda, Tanzania, Malawi, and Nigeria.
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New York Community Bank: About Those Rent Control Laws What does Universal Rent Control mean? – To really figure out what “universal rent control” means requires an examination of what candidates have specifically proposed and how that fits into the laws. New York, according to a 1993 study.
Government sets aside Sh1.5 billion to fight aflatoxin Faith J Ronoh 16th Jan 2015 00:00:00 gmt +0300 Kenya: The Government has allocated more than Sh1.5 billion to step up the fight against.