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Kenya has successfully issued a third Eurobond priced at Ksh.210 billion (USD 2.1 billion) following a roadshow in United States and the U.K. The newly acquired bond is composed of a dual-tranche– 7 and 12-year tenure priced at an amortisation rate of seven and eight percent respectively.
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* Reuters 16th May 2019 10:04:14 GMT +0300 Gabon has recovered 200 containers of protected hardwood out of a larger haul that was confiscated by the authorities earlier this year and then went missing, a senior prosecutor said late on Monday. The announcement followed a promise from Gabon’s
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* Reuters 16th May 2019 10:04:14 GMT +0300 Gabon has recovered 200 containers of protected hardwood out of a larger haul that was confiscated by the authorities earlier this year and then went missing, a senior prosecutor said late on Monday. The announcement followed a promise from Gabon’s
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News KRA recalls Njiraini as graft purge continues Thursday, May 16, 2019 13:00 By MAUREEN KAKAHBy PAUL WAFULA The Kenya Revenue Authority (KRA) has recalled its Commissioner General John Njiraini from terminal leave to “manage the crisis” after the agency was rocked by one of the biggest corruption purges
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The Kenya Wildlife Service has effected sweeping changes in its top management in what is seen as an attempt to redeem the image of an organization that has witnessed a host of challenges in the recent past. The new changes has seen acting deputy director parks and reserves Edin Kalla
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News Thika highway Chinese-welded footbridges ready next month Thursday, May 16, 2019 12:51 By EDWIN OKOTH The Sh800 million Thika Superhighway footbridges being welded in China will be ready next month after close to two years of waiting. The Kenya National Highways Authority now says the four structures, which
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Britam Holdings has appointed Ms Josephine Ossiya to its Board of Directors. Ms Ossiya is a finance professional with over 20 years’ experience in financial services. She has worked in various sectors including energy, oil and gas, pension, financial services, real estate and telecommunications. She has worked extensively within Africa
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The Director of Public Prosecution has sought to detain 22 more KRA employees on allegations of aiding tax evasion to allow police conclude investigations. Principal prosecution counsel Duncan Ondimu argued that holding the suspects in custody for 21 days will facilitate the examination of their phones, laptops and electronic gadgets
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* AFP 16th May 2019 09:09:45 GMT +0300 A sculpture by American artist Jeff Koons sold on Wednesday for $91.1 million (Sh9.2b) at an auction organized by Christie's in New York -- a record price for a living artist. "Rabbit", a stainless steel
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- The country's Wildlife management agency said the move was aimed at reducing the high number of animals in the park - The agency noted the country had 84, 000 elephants against the carrying capacity of 50, 000 - China reportedly bought a total of 93 elephants by
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Kenya has successfully issued a third Eurobond priced at Ksh.210 billion (USD 2.1 billion) following a successful road show in United States and the United Kingdom. The newly acquired bond is composed of a dual-tranche, 7 year and 12 year tenure priced at an amortization rate of 7
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Democratic Republic of Congo (DRC) businessmen in Mombasa are up in arms over multiple taxations of imported goods at the Port of Mombasa. The importers said they are faced with loss of business due to the multiple charges by OGEFREM, their equivalent of the Kenya Maritime Authority (KMA). Led by