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  • Uber ranks Kenya second biggest market in Africa

    September 28, 2017 7:54 PM 3

    Taxi hailing firm Uber has 363,000 active users in Kenya, according to the latest statistics released by the company to mark its fourth year of operation on the continent. The statistics by the San-Fransisco-based firm show South Africa as Uber’s biggest market in Africa with 969,000 active riders, while Kenya is second. The data, released Thursday

  • This is what analysts have to say about Vodafone Group plc (LON:VOD) after last week

    September 28, 2017 12:27 PM 2

    Vodafone Group plc (LON:VOD) Ratings Coverage Among 28 analysts covering Vodafone Group PLC (LON:VOD), 17 have Buy rating, 3 Sell and 8 Hold. Therefore 61% are positive. Vodafone Group PLC had 299 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by J.P. Morgan with “Overweight” on Friday, January 15. The firm earned

  • Kenya Airways stops flights to Hong Kong, Hanoi

    September 28, 2017 12:10 PM 2

    Kenya Airways #ticker:KQ will from next month discontinue flights to Hong Kong and Hanoi route. The discontinuation is part of a plan in which the airline is seeking greater efficiency on its network. The route changes were first announced last week by the airline’s chief executive Mr Sebastian Mikosz. The airline says that it plans to reroute the aircraft

  • Global Dried Fruits and Edible Nuts Market 2017- Arimex, Olam International, Sunbeam Foods and Sun-Maid

    September 27, 2017 2:40 PM 4

    The report titled “Global Dried Fruits and Edible Nuts Market” divides the Dried Fruits and Edible Nuts industry according to leading players, geographical regions, top manufacturers, types, and applications forecast over a period of 2017 to 2022. It highlights major aspects of Dried Fruits and Edible Nuts industry such as market profit, top leading

  • Kenya central bank extends sale of two-year and 10-year Treasury bonds

    September 26, 2017 11:57 AM 3

    NAIROBI, Sept 26 (Reuters) - Kenya’s central bank invited bids on Tuesday for two-year and 10-year Treasury bonds worth 13 billion shillings ($126 million) in a tap sale. The bank said in a statement the two-year bond will have an average yield rate and coupon of 11.619 percent, while the 10-year bond will have a coupon of 12.966 percent and average

  • Four Points by Sheraton stops off in Nairobi in search of best brews

    September 26, 2017 11:50 AM 4

    Four Points by Sheraton has embarked on the Nairobi leg of its global trip discovering the world’s best brews. The journey kicked off at the new Four Points Hurlingham in a trail that culminated with an exclusive preview of the soon to open, Four Points by Sheraton Nairobi Airport. Four Points’ Best Brews Around the World celebrates the brand’s signature

  • Forget Chinese investment in Africa, here's a tech partnership in the region you haven't heard of

    September 26, 2017 5:16 AM 5

    South Korea and Rwanda have also both suffered under colonial rule and experienced devastating conflict following independence: the Korean war of the early 1950s and Rwanda's 1994 genocide against the Tutsi tribe. "This shared experience in modern history strikes a chord with Korean people," Lee said. Rwandans in turn look towards South Korea's "quick

  • Kenya: KQ Seeks State Protection to Ward Off Rivals

    September 26, 2017 2:48 AM 3

    Kenya Airways is seeking government protection to ward off competition from African and Middle East air carriers flying into Nairobi. In a press conference on Thursday, Kenya Airways chief executive Sebastian Mikosz said the state subsidies extended to carriers such as Ethiopian, RwandAir, and Gulf airlines like Etihad meant that they were not competing

  • Kenya Railways announces freight charges for Mombasa and Nairobi route

    September 25, 2017 11:32 AM 4

    September 25, 2017: Kenya has recently approved freight charges for the standard gauge railway. Kenya Railways Corporatoion (KRC) will start freight operations on the Standard Gauge Railway (SGR) from December 2017. And the government is aiming to transport 40 percent of cargo from Mombasa port by rail. According to news paper reports, the corporation

  • Vodafone Group PLC (VOD) Shares Sold by Hotchkis & Wiley Capital Management LLC

    September 23, 2017 4:32 PM 5

    Hotchkis & Wiley Capital Management LLC lessened its holdings in shares of Vodafone Group PLC (NASDAQ:VOD) by 4.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 16,235,098 shares of the cell phone carrier’s stock after selling 741,179 shares during the quarter. Vodafone Group PLC comprises approximately 1.9% of Hotchkis