Category Archives: E-alerts

Award recognizes economic growth in Kenya

The Communications Commission of Kenya (CCK) is betting on its award of the best infrastructure regulator in Africa to attract more foreign investors. CCK director general Charles Njoroge attributed the win to the commission’s efforts to create an excellent and stable investment climate. “The country’s broadband infrastructure offers investors tremendous opportunities for their businesses and we expect to see more … Read More

African Leaders Meet to Create Unified Climate Stance

Nairobi – Kenyan President Mwai Kibaki opened a pan-African summit in Nairobi designed to produce a unified African position for global climate change talks in Copenhagen this December. The Kenyan head of state told the delegates that the world needed a more equitable climate change policy. The pan-African meeting is expected to call for substantial financial support from the developed … Read More

Kenya, Uganda Sign Rail Deal

The governments of Kenya and Uganda have signed a bilateral agreement for the construction and management of a standard gauge railway line between Mombasa and Kampala. The signing took place following a regional two-day conference on Northern Corridor Transport and Trade Facilitation. The signing of the agreement by Kenya Transport Minister Ali Chirau Mwakwere and his Ugandan counterpart John Nasasira … Read More

Kenya Sees Growth in Fourth Quarter

Nairobi — Kenya’s economy is likely to start improving at the start of the 4th quarter after government spending for this fiscal year kicks in, the central bank governor, Mr. Njuguna Ndung’u said today. “We expect the uptake and even the growth to start showing… maybe at the start of next quarter,” he told Reuters. The economy shrank 0.8 percent … Read More