Uhuru Kenyatta News
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CFC Stanbic Holdings Ltd., the Kenyan unit of South Africa’s Standard Bank Group Ltd., fell the most in seven weeks on speculation that first-quarter profit retreated from the previous three months in line with other lenders.
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Coffee exports from Uganda, Africa’s second-biggest exporter of the beans, rose year-on-year in April after a post-election dispute was resolved in neighboring Kenya, its gateway to the sea.
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Kenya’s central bank resumed cutting interest rates to support the economy after peaceful elections two months ago helped to ease investors’ concerns that the vote would destabilize the country.
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Kenya’s central bank may resume cutting interest rates to support the economy following peaceful elections two months ago.
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Kenyan President Uhuru Kenyatta named 12 more nominees for Cabinet posts, favoring people with private-industry experience and technical expertise to back his plans of doubling growth in East Africa’s largest economy.
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Kenyan President Uhuru Kenyatta made his first nominations to Cabinet since assuming office this month and recommended Finance Ministry official Henry Rotich to lead the National Treasury.
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Housing Finance Ltd., Kenya’s only publicly traded mortgage lender, gained the most in more than three weeks after saying profit jumped in the first quarter.
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President Uhuru Kenyatta of Kenya said his government wants to create sustained economic growth of more than 10 percent, in part by cutting a public wage bill that is almost 12 percent of the gross domestic product.
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Kenya’s Supreme Court upheld Uhuru Kenyatta’s victory in this month’s presidential election, dismissing a petition from defeated candidate Raila Odinga for the result to be annulled,
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Kenya’s Supreme Court upheld Uhuru Kenyatta’s presidential victory, dismissing a petition from defeated candidate Raila Odinga, who called on his supporters to respect the verdict.
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