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ARTICLES RELATING TO KENYA

Future of Mombasa refinery uncertain

The future of east Africa's only oil refinery depends on a report due next week on whether to upgrade the aging Kenyan plant or turn it into a storage facility.

East African body makes business easier

The World Bank says a trading bloc of East African economies is making it easier for businesses to work, but performance varies widely.

Kenya cuts fuel prices

Kenya's energy regulator has lowered retail fuel prices for petrol, diesel and kerosene, citing a stronger shilling versus the dollar and slightly lower oil prices.

Historic Kenyan polls draining profits

As Kenyans take to the ballot, the country's lucrative tourism industry is feeling the pinch over fears of election violence.

Top cement firm eyes expansion

Kenya's Portland Cement plans to expand into Tanzania after returning to profit, boosted by cost cutting and improved cement sales.

IMF: Kenyan economy likely to grow in 2013

The International Monetary Fund expects the Kenyan economy to grow at least 5.5% to 6% this year, says a senior fund official.

SA-Kenya seeking closer business ties

An SA trade delegation has visited Kenya in a bid to strengthen business engagement between the two countries and explore each other's markets.
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Global tea producers set to raise prices

The price of a cup of tea could rise after the world's biggest producers agreed to join forces in an historic move to boost profits.

Kenya sees 5% economic growth

Kenya expects its economy to expand by 5.6% this year with growth rising to 6% in the medium term, the government says.

Kenya's poll could fuel inflation

Despite a steady decline in inflation, the March presidential election and rising oil prices is likely to see it surge again, economists say.

Kenya's economy to grow by 5%

Kenya's economy expanded by 4.7% in the third quarter of this year and is expected to accelerate to 5.5% in 2013 on hopes of peaceful elections in March.
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Kenya MPs drop bid to tripple bonuses

Kenyan parliamentarians have dropped their attempt to triple their year end bonuses after pressure from president Mwai Kibaki and the public.

Kenya Airways tumbles

Shares in Kenya Airways sunk after a court ordered the airline to reinstate more than 400 workers laid off earlier this year as part of cost cuts.

Kenya inflation seen close to bottom

Kenya's inflation rate is expected to edge down this month but it may be close to bottoming out after an 11-month dive.

Daewoo to build Kenyan power station

Daewoo International signed a deal to build a $1.3bn power station in Kilifi County, Kenya with the Kenyan Electricity Generating Company, Daewoo says.
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