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November 2, 2017 9:21 AM Kenyan shilling steady, helped by tight market liquidity

At 0838 GMT, commercial banks quoted the shilling at 103.65/85 per dollar, little changed from Wednesday's close of 103.60/80. ...........................Shilling spot rates .....................Shilling forward rates .......................Cross rates ..................................Local contributors .......................Central Bank of Kenya Index 31

November 2, 2017 4:38 AM Nasa supporters see Raila as a 'messiah'

In some parts of Nyanza, where thousands hit the streets to block polling in last week's divisive vote, the re-election of Uhuru Kenyatta means nothing. "He's our messiah," nods Gordon Ochieng' sitting in the back row of a church in Nyalenda slum in Kisumu. The city was the epicentre of violent opposition protests against last week's deeply divisive 23

November 2, 2017 3:29 AM A Year of Donald Trump: Key moments

Delivered on the steps of the Capitol, Trump's grim-toned inauguration speech depicted America as an economic basket case overrun by crime, street gangs and other blight, and attacked the politicians standing by him on the podium as pampered opportunists who prospered in government while everyday people missed out. Trump pledged to stop "this American 23

November 1, 2017 9:46 PM Tottenham beat holders Real to reach last 16

LONDON, United Kingdom, Nov 1 – Dele Alli fired Tottenham Hotspur into the Champions League last 16 as his brace inspired a swaggering 3-1 win over Real Madrid that condemned the troubled holders to their first group-stage defeat in five years. Alli put Tottenham ahead from close range in the first half and the England midfielder doubled their lead with a fine solo effort 10

November 1, 2017 2:00 PM Gunfire as rare protests hit streets of Eritrea's capital

Addis Ababa - The United States embassy in Asmara has issued a warning about protests and gunfire in the Eritrean capital, though details of the rare bout of unrest remain unclear. Eritrea is one of the world's most repressive countries and demonstrations are uncommon, but the embassy had on Tuesday issued a statement about "gunfire at several locations 17

November 1, 2017 10:46 AM Rachael Shebesh husband in hospital after shooting himself while cocking his pistol

Police are investigating an incident in which a licensed gun holder claims he shot himself in the leg during a safety precaution routine in his house along Dennis Pritt Road, Kilimani area in Nairobi. The husband to former Nairobi Woman Representative Rachael Shebesh is said to have shot himself in their house on Tuesday night. Mr Frank Ambundo Shebesh 4

November 1, 2017 7:04 AM Lupita Nyong’o, Josh Gad Set To Star In Zombie Horror-Comedy ‘Little Monsters’

Oscar-winning 12 Years a Slave and Star Wars: The Force Awakens star Lupita Nyong’o and Frozen and Beauty and the Beast star Josh Gad have signed on to star in Little Monsters. And no, it’s not a remake of the greatest movie ever made starring Fred Savage and Howie Mandel. They join Alexander England (Alien: Covenant, Gods of Egypt) on the cast. The movie 7

October 31, 2017 11:25 AM Top of the Street: Royal Mail, Tullow, transport and logistics

BUZZ-Top of the Street: Royal Mail, Tullow, transport and logist:BUZZ-Top of the Street: Royal Mail, Tullow, transport and logistics ** Transport and logistics: Berenberg starts DSV and Kuehne + Nagel with "hold" ** Broker views DSV as the best performer in logistics space over last 3yrs and adds that there's little left for new investors; In a similar 3

October 31, 2017 9:05 AM Ladies of the night also feel pinch of economic dip

NAIROBI, KENYA: Economists, the high priests of social sciences, are known for using big terms to explain simple things. A good example is gross domestic product (GDP) which in simple terms is the monetary value of all goods and services produced in a given country in a given year. If this value goes up the following year or quarter, we say the economy 15

October 30, 2017 10:09 PM America's wars are ‘spreading more chaos’ in Africa

South Sudan's President Salva Kiir (right) and Ugandan President Yoweri Kaguta Museveni attend the opening of the National Dialogue committee in Juba, South Sudan May 22, 2017. (Reuters photo) BLOOMBERG VIEW: The Indonesian military killed as many as 1 million suspected communists in the mid-1960s, paving the path for a dictator, Suharto, who ruled the country 7