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Airbus picks Kenya for first drone hub

European aerospace giant Airbus is eyeing Kenya as the base for its first earth station for high-altitude communication drones.

Charles mwanikiSamer halawi

Volatility hits Kenya s $2bn Eurobond close to maturity

The price of Kenya’s maturing $2 billion (Sh306 billion) Eurobond has become volatile in secondary market trading.

World bankInternational monetary fundInternational monetaryCharles mwanikiSovereign bondChurchill ogutu

Bamburi Cement signals dividend from $84m Uganda deal

Bamburi Cement has signalled that it expects to pay its shareholders a special dividend from the sale of its 70 percent stake in Hima Cement.

Nairobi areaJubilee holdingsCementia holdingNairobi securities exchangeSarrai groupRwimi holdingsHima cementBamburi cementCharles mwaniki

Driver jailed for 9 months for causing ex-City Hall official s death

The accident claimed the life of George Muchiri Njenga on October 12 this year.

George muchiri njengaJohn njuguna ngugiCharles mwanikiCity hallSouthern bypassCity hall officialBenz actrosSouthern by passKat 106nZg9169 mBenz john njuguna ngugiThe star newspaper kenya newsStar newspaper kenyaStar newsThe star newspaperHe star

Debt servicing costs up by Sh216bn on weak shilling

The Treasury has revised the cost of servicing Kenya’s external debt for this fiscal year by an additional Sh216.7 billion.

Secured overnight financing rateSterling overnight index averageCharles mwanikiNjuguna ndungúTreasury csSupplementary budgetExternal debtExim bank of china

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