Google: Esat Africa

Kenya Airways blames tourism slump for record losses

3 hours 27 min ago
One of Africa's largest airlines Kenya Airways has announced its biggest ever annual loss. It has partly blamed the $290m (£188m) shortfall on a ...
Categories: EAST AFRICA

Kenya Airways blames tourism slump for record losses

3 hours 27 min ago
It has partly blamed the $290m (£188m) shortfall on a decline in Kenya's tourism sector. Some countries had issued travel advisories warning about ...
Categories: EAST AFRICA

Avanti Communications: TTCL Launches 100% National Broadband Coverage across Tanzania

5 hours 8 min ago
LONDON--(BUSINESS WIRE)--TTCL, Tanzania's leading telecoms operator, announce this week exciting new digital capabilities with the launch of ...
Categories: EAST AFRICA

Kenya Commercial Bank to Raise Money for Expansion, Projects

6 hours 42 min ago
Kenya Commercial Bank Ltd., the country's largest lender by market value, will raise capital over the next three years to expand in the region, Chief ...
Categories: EAST AFRICA

Tourism slump deepens Kenya Airways pretax losses

7 hours 34 min ago
NAIROBI (Reuters) - Kenya Airways said on Thursday its pretax loss for the year to March widened to 29.71 billion shillings ($293 million) from 4.86 ...
Categories: EAST AFRICA

UPDATE 1-Tourism slump deepens Kenya Airways pretax losses

7 hours 34 min ago
(Adds details from investor briefing). NAIROBI, July 30 (Reuters) - Kenya Airways said on Thursday its pretax loss for the year to March widened to ...
Categories: EAST AFRICA

UPDATE 1-Kenya Commercial Bank Group H1 2015 pretax profit up 13 pct

7 hours 57 min ago
(Adds details from results statement). By George Obulutsa. NAIROBI, July 30 (Reuters) - Kenya Commercial Bank (KCB) , the country's largest bank by ...
Categories: EAST AFRICA

Kenya Airways picks Afrexim Bank to lead capital raising, loan

7 hours 57 min ago
NAIROBI, July 30 Kenya Airways has chosen Cairo-based African Export-Import Bank (Afreximbank) to advise it on a capital raising plan and to ...
Categories: EAST AFRICA

Jelly shoes and mud – running in Ethiopia

8 hours 8 min ago
At a conference on athletics in Addis Ababa, the focus is on what Ethiopia can learn from the west. But should we be looking to them for the secrets of ...
Categories: EAST AFRICA

Kenya Commercial Bank First-Half Profit Rises 13% on Loan Income

8 hours 19 min ago
Kenya Commercial Bank Ltd., the East African nation's biggest lender by market value, said first-half profit increased 13 percent as earnings from ...
Categories: EAST AFRICA

Kenya oo sheegtay in aysan ka laabanaynin go'aankeeda darbi uga dhiseyso xadka Soomaaliya

8 hours 42 min ago
Wasiirka arrimaha gudaha ee Kenya Joseph Nkaissery ayaa sheegay in Dowladda Kenya aysan ka laaban doonin go'aankeeda ay darbi uga ...
Categories: EAST AFRICA

Five rare breed, endangered elephants killed in Kenya as world mourns Cecil

8 hours 42 min ago
File: Five rear breed, endangered elephants were killed in Kenya on Monday night, Kenya Wildlife Service discovered the bodies of a female adult ...
Categories: EAST AFRICA

ARM of Kenya Posts First-Half Loss After Currencies Slide

Wed, 07/29/2015 - 23:33
ARM Cement Ltd., East Africa's second-biggest producer of the building material, posted a first-half loss after the depreciation of the Kenyan and ...
Categories: EAST AFRICA

Ethiopia in fetters, but flourishing

Wed, 07/29/2015 - 22:33
A construction site in Addis Ababa. While Ethiopia is developing fast, with state-led infrastructure projects abounding, critics say the restrictive regime ...
Categories: EAST AFRICA

Kenya auditor uncovers massive misspending

Wed, 07/29/2015 - 21:59
Only one per cent of Kenyan government spending can be properly accounted for, according to a report by the country's auditor-general released just ...
Categories: EAST AFRICA

Obama visit to Ethiopia highlights human rights and media clampdown

Wed, 07/29/2015 - 19:00
On the last leg of his visit to Kenya and Ethiopia President Obama spoke out on behalf of journalists and human rights defenders. “When journalists ...
Categories: EAST AFRICA

Kenya unlocks backing needed for geothermal well exploration

Wed, 07/29/2015 - 18:03
Kenya is poised to step up the exploitation of its ample geothermal energy resources, after receiving the necessary insurance coverage to begin new ...
Categories: EAST AFRICA

Kenya's missing billions

Wed, 07/29/2015 - 17:04
The report was published two days after Obama left Kenya, where he had talked about "the cancer of corruption", calling endemic graft "the single ...
Categories: EAST AFRICA

Djibouti Prepares for More Refugees as Conflict in Yemen Simmers

Wed, 07/29/2015 - 16:56
Djibouti is preparing for a further influx of Yemeni refugees after receiving reports that the conflict may escalate in regions bordering the busy sea lane ...
Categories: EAST AFRICA

4 Huge Ways Obama Spoke Up For Women On His Historic Kenya Trip

Wed, 07/29/2015 - 16:56
In keeping with his theme of encouraging Kenyans to "choose the path to progress,” President Obama called upon the nation during his first trip there ...
Categories: EAST AFRICA