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Tag Archives: Kenya

Weighing Kenya new banking policies

Kenya has introduced new banking policies. An economist weighs them up Nairobi, Kenya | AGENCIES | The Central Bank of Kenya has made two significant changes in the country’s banking sector. The first is to lift a decade-long moratorium on licensing new banks. Second is to raise capital requirements, the amount of money …

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1 killed, 3 injured in al-Shabab ambush in eastern Kenya

GARISSA, Kenya | Xinhua | At least one person was killed, and three others injured on Thursday evening after al-Shabab militants ambushed a security team in Garissa County in eastern Kenya near the border with Somalia, police confirmed on Friday. Police said the casualties were among a group of the …

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Kenya coach optimistic despite CHAN exit in penalty shootout

NAIROBI, KENYA | Xinhua | Kenya head coach Benni McCarthy remains optimistic about the future of the country’s football, despite the Harambee Stars’ first-round exit at the ongoing African Nations Championship (CHAN) after a penalty shootout against Madagascar. The co-host was eliminated 4-3 on penalties on Friday in Nairobi after …

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CAF sanctions Kenya again over crowd trouble

NAIROBI, KENYA | Xinhua | The Confederation of African Football (CAF) has sanctioned African Nations Championship (CHAN) co-host Kenya for the second time in as many weeks over security breaches. In a statement Monday evening, the continental governing body said it has limited entry to the 48,000-seat Moi International Sports …

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