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1-10 results from 963 for query «shilling»

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 623

October 31, 2017 1:15 PM Lucky punters strike millions from Sh1

NAIROBI, Kenya, Oct 31- A male nurse and Uber driver became the latest millionaires in town after striking windfalls from mobile betting firm betPawa. Paul Karanja and Abdi Ahmed staked Sh1m each, combining 26 teams in bet accumulators that yielded the windfall. Karanja, a government nurse placed 10 different one-shilling multi-bets, and only realized 71

October 31, 2017 7:34 AM Politics: Top 10 numbers that defined economy during 2017 elections

NAIROBI, KENYA: Politics, according to American writer and comedian Groucho Marx, is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies. The Kenyan economy has been through a season described by President Uhuru Kenyatta as difficult few weeks in which “our democracy has been tested to the limits 85

October 31, 2017 2:30 AM Kenyan Election Authority in Disarray a Week Before Repeat Vote

Preparations for Kenya’s presidential election rerun next week are in disarray after a top official of the commission organizing the vote resigned and fled the East African nation and its chairman said his efforts to ensure a credible ballot are being thwarted. Roselyn Akombe quit the Independent Electoral & Boundaries Commission, citing issues including 81

October 29, 2017 7:34 AM Has the West abandoned Raila for calling street protests?

Diplomats, including British Foreign Minister Boris Johnson and EU president Jean-Claude Juncker, urged the NASA leader to rejoin the race but he refused to budge. The last two weeks have been a diplomatic nightmare for National Super Alliance (NASA) leader Raila Odinga as he seemed to lose his allies in the West. But the writing has been on the wall since 68

October 23, 2017 3:58 PM Kenya shilling hits two months low on repeat poll jitters

NAIROBI, Oct. 23 (Xinhua) -- The Kenya shilling on Monday fell considerably to a new low in two months weighed down by political stalemate ahead of the Oct. 26 elections. The shilling traded at an average of 104.00 against the U.S. dollar down from 103.40 in the previous session. It was the biggest fall in the recent weeks with the Central Bank of Kenya 41

October 23, 2017 4:12 AM Billionaire’s son killed in police operation gone bad

A police operation turned tragic when the son of a billionaire was shot dead inside his house in Westlands, Nairobi. Bunty Shah, 32, the son of Bobmil Industries owner Vipin Shah, was shot once through his bedroom’s window by a marksman. The circumstances of the shooting by masked policemen in an armoured vehicle was not clear but one theory had it that the officers 59

October 20, 2017 9:04 PM Governor Anyang' Nyong'o woos investors with mega marine project

Foreign investors have expressed interest to partner the Kisumu County Government to develop the multi-billion shilling marine industry to spur tourism growth and development. So far, investors from Brussels have approached the county government and are willing to put up massive investments around Lake Victoria shared by Kenya, Uganda and Tanzania 40

October 17, 2017 5:34 AM Dr Njoroge has presided over a disciplined banking regime, with shilling remaining stable

His deceptive demeanour of calm, measured words and soft voice can make you think he is a pushover until you are on the receiving end of his wrath. You may not hear the Yale University-educated economist in a room of 20 unless you pay very close attention or he is on a loudspeaker. When challenged to a fight in a boardroom, the tall, slim bespectacled 86

October 12, 2017 7:14 AM Experts warn things could get worse amid deepening political crisis

NAIROBI, KENYA: Analysts have warned of a bleak future for the economy in the wake of a fresh political impasse after Opposition leader Raila Odinga opted out of the October 26 repeat presidential poll. Economists said on Wednesday the fresh political row was likely to deal a further blow to the economy, especially the shilling and the stock market 40