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Kenya outruns rest of East Africa

Of the five countries that make up the East African Community (EAC) bloc, Kenya’s banks are still the trailblazers in the region, followed by Tanzania, Uganda, Rwanda and Burundi respectively.…

Kenya: Trouble in paradise

Over the last two months, a series of macabre attacks on villages and towns within Lamu County in Kenya’s north coast has resulted in over 100 deaths.…

Faster, cheaper cross-border transactions for EAC

After a dry run to test its efficacy, three members of the five-nation East African Community are now fully engaged in the East African Payment System, which allows cross-border transactions to be made in any of the three currencies without involving intermediary international banks.…

Kenya’s economy: Running out of puff?

The economy, which was widely expected to accelerate following the general elections a year ago, has, in fact, shown a worrying stagnation over the past year.

Kenya: Mall mania unfazed by terror strike

When terrorists hit Kenya’s trendy Westgate Shopping Mall in the upmarket suburb of Nairobi’s Westlands area in September, it was widely expected that investors would lose their appetite for building suburban malls.…

EAC: A pricey cuppa tea

Kenya, Malawi and Rwanda, some of the world’s biggest producers of tea, have joined three other producing nations to form a ‘tea cartel’ that aims to eventually set the international prices of the beverage and control other factors of production.…