NewsEast & Horn Africa

Sun,22Jul2018

East & Horn Africa

People to watch: East Africa

Tim Ireland/AP/SIPAPeople to watch: East Africa
 

 

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People to watch: East Africa

 

Paul Kagame/FlikrPeople to watch: East Africa

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With revamped T-kash, Telkom Kenya aims to challenge Safaricom's dominance

 Kenyans stand in line to use public telephones provided by Telkom Kenya, Nairobi on Tuesday Jan. 15, 2002. Photo: KHALIL SENOSI/AP/SIPATelkom Kenya relaunched a mobile financial services platform on Monday that it hopes can challenge Safaricom's dominance of Kenya's lucrative mobile money market.

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Is Kenya's property bubble about to burst?

19567.HRAfter seemingly unstoppable growth, Kenya’s real-estate sector is showing signs of oversaturation, while affordable housing remains in woefully short supply

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Kenya asks IMF for a 6-month extension of $1.5bn standby credit

Alex Brandon/AP/SIPAKenya has asked the International Monetary Fund (IMF) to extend its $1.5 billion standby credit facility that expires in March for a further six months, the IMF said.

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Kenya Airways looks upmarket for financial salvation

KAREL PRINSLOO/AP/SIPAWhen Sebastian Mikosz took over as CEO of loss-making Kenya Airways last June, he immediately shut its outlet in Nairobi's downmarket Accra Road, which served thousands of small traders who fly to the Far East to buy cheap goods in bulk.

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