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Audit flags staff shortage as drugs regulator misses key safety goals

Nairobi, Jan. 28 -- The Auditor-General has faulted the pharmaceutical regulator over its low staffing levels, even as audit findings show that the State agency has fallen short across virtually all i... Read More


Kenya taps tourism levy to partly repay Bomas complex investors

Nairobi, Jan. 28 -- Kenya has ring-fenced a fraction of the more than Sh5 billion collected annually from the tourism levy to partly repay private investors in hotels and commercial facilities for the... Read More


Kenyans can now board luxury cruise ships from Mombasa

Nairobi, Jan. 28 -- After two days at sea, the luxurious MV Crystal Symphony cruise ship docked at Mahe port in Seychelles at 8am, carrying an estimated 600 passengers, Kenyans among them. But what m... Read More


Kenya's criminality score at 4th in continent and 1st in East African region

Nairobi, Jan. 28 -- Heroin trade and financial crimes ranked Kenya fourth in Africa for cross-border crimes, underscoring how the country's position as East Africa's logistics and financial hub is als... Read More


Norfund shifts to small-ticket deals to boost Kenya investment

Nairobi, Jan. 28 -- Norwegian State-owned fund Norfund is angling for small-ticket deals as it looks to deepen its appetite for businesses in Kenya and the rest of Africa, which are scouting to raise ... Read More


French bank saved from paying Kenyans in US embassy attack

Nairobi, Jan. 28 -- Kenyan victims of the 1998 bombing of the US embassy in Nairobi have lost the legal battle to compel the Attorney-General to pursue compensation from top French bank, BNP Paribas a... Read More


Kenya ranked fourth in Africa's crime on 'wash wash' and heroin deals

Nairobi, Jan. 28 -- Heroin trade and financial crimes ranked Kenya fourth in Africa for cross-border crimes, underscoring how the country's position as East Africa's logistics and financial hub is als... Read More


Farmers reject proposal to split New KCC

Nairobi, Jan. 28 -- Dairy farmers have opposed plans to decentralise the operations of the New Kenya Cooperative Creameries (New KCC), warning that this would further weaken the troubled processor and... Read More


Monetary policy easing and its role in reviving private sector credit growth in Kenya

Nairobi, Jan. 27 -- The conversation about money at a small manufacturer's site in Nairobi's Industrial Area quickly turns to real business concerns. The company has outstanding orders, but it is faci... Read More


KQ stock rallies 70pc on strategic investor rumours, new board seat

Nairobi, Jan. 27 -- Kenya Airways (KQ) share price has rallied 69.7 percent in eight trading days amid rumours of ongoing talks with a strategic investor and the creation of a new board seat to repres... Read More