Decline in Savings Forces Banks to Ask Shareholders for More Cash

[East African] Across-section of Kenyan banks are banking on shareholders to shore up their core capital as customers shift money from bank accounts to alternative investments that promises decent returns.

[East African] Across-section of Kenyan banks are banking on shareholders to shore up their core capital as customers shift money from bank accounts to alternative investments that promises decent returns.

source: AllAfrica News: Kenya

Deal That Earned New Kenya Airways Boss His Job

[East African] Kenya Airways’ new chief executive Sebastian Mikosz is expected to increase its passenger numbers, further cut its operational costs, optimise its assets, review its networks, and reduce its dependency on shareholder bailouts.

[East African] Kenya Airways' new chief executive Sebastian Mikosz is expected to increase its passenger numbers, further cut its operational costs, optimise its assets, review its networks, and reduce its dependency on shareholder bailouts.

source: AllAfrica News: Kenya

Kenya Rolls Out Special Licence for Tour Vans

[East African] Kenya has rolled out a special tourism service vehicle licence (TSV), effectively shutting public service vehicle operators, who usually convert their vehicles into tour vans during tourism peak seasons, out of the business.

[East African] Kenya has rolled out a special tourism service vehicle licence (TSV), effectively shutting public service vehicle operators, who usually convert their vehicles into tour vans during tourism peak seasons, out of the business.

source: AllAfrica News: Kenya

Mauritius’ SBM Among Chase Bank Bidders

[East African] Mauritius’ SBM Holdings is bidding to buy a stake in Kenya’s Chase Bank, which will give it greater presence in the East African economy after acquiring Fidelity Bank last year.

[East African] Mauritius' SBM Holdings is bidding to buy a stake in Kenya's Chase Bank, which will give it greater presence in the East African economy after acquiring Fidelity Bank last year.

source: AllAfrica News: Mauritius

Uproar Greets Kenya’s List of Party Cronies to Arusha Assembly

[East African] Kenya’s opposition was Thursday evening staring at a political crisis over its nominees to the East African Legislative Assembly, as the ruling Jubilee Coalition handed a political lifeline to some of its politicians who lost in its nomi…

[East African] Kenya's opposition was Thursday evening staring at a political crisis over its nominees to the East African Legislative Assembly, as the ruling Jubilee Coalition handed a political lifeline to some of its politicians who lost in its nominations earlier in the month.

source: AllAfrica News: Kenya

Emotional Reunion As Kaweesi Murder Suspects’ Children Are Released

[Monitor] Kampala -After weeks of anticipation, the children of Abdul Rashid Mbaziira, one of the 13 suspects in the murder of former police spokesman Andrew Felix Kaweesi and others, were yesterday re-united with their mothers.

[Monitor] Kampala -After weeks of anticipation, the children of Abdul Rashid Mbaziira, one of the 13 suspects in the murder of former police spokesman Andrew Felix Kaweesi and others, were yesterday re-united with their mothers.

source: AllAfrica News: Uganda

Report Suggesting Zimbabweans ‘Still Trust Mugabe’ Rubbished

[News24Wire] Zimbabwean opposition parties have rubbished results by a new survey that claimed that most Zimbabweans still put their trust in President Robert Mugabe, 93, as the country’s leader.

[News24Wire] Zimbabwean opposition parties have rubbished results by a new survey that claimed that most Zimbabweans still put their trust in President Robert Mugabe, 93, as the country's leader.

source: AllAfrica News: Zimbabwe