Kenya Commercial Bank Announces Expansion Plan as Profit Climbs
Kenya Commercial Bank Ltd., the East African nation’s second-biggest lender by market value, announced an expansion plan that may include opening branches in Somalia as it posted a 14 percent increase in first-half profit.
Kenya's Mombasa port traffic up 13 percent in H1
Container traffic through Kenya's biggest port grew by 12.8 percent in the first six months of the year after new cargo handling infrastructure was built to shorten the turnaround time for ships. The Indian Ocean port of Mombasa, the biggest in east Africa and the region's trade gateway, handles fuel and consumer goods imports as well as exports of tea and coffee from landlocked neighbours such ...
Ethnic hate speech reveals roots of Kenya violence
Kenya takes pride in being a union of "42 tribes", but a string of attacks in towns on its volatile Indian Ocean coast has exposed bitter and explosive ethnic tensions linked to politics. The series of killings in which around 100 people have died in recent weeks have provoked warlike political speeches, alarmist headlines, and offensive and inflammatory messages on social media. "There has been ...
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