Kenya’s central bank chief Njuguna Ndung’u has had a career dogged by persistent market chaos, drawing heavy criticism about his tenure.
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/ 24 January 2012
The IMF predicts that even as rich countries face a slowdown, sub-Saharan African economies are expected to post nearly 6% average growth in 2012.
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/ 16 January 2012
Somali pirates have freed the 18-man crew of a Maltese-flagged chemical tanker after the payment of a $4-million ransom,
Kenyan police have arrested a man suspected of belonging to a terrorist group, after two blasts in Nairobi killed one person and injured more than 20.
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/ 25 October 2011
Two grenade blasts killed one and wounded more than 20 in Nairobi, apparently in retaliation for Kenya’s hunt for al-Shabaab insurgents in Somalia.
Zain Kenya plans to invest more than 25-billion shillings in the next 18 months in a bid to gain market leadership.
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/ 1 February 2010
Africa’s telecom sector will surpass the $55-billion promised by investors at a United Nations backed meeting in 2007.
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/ 31 January 2010
The African Union (AU) has selected Zimbabwe for a place on its Peace and Security Council, one of the bloc’s most powerful organs.