Kenyan shilling seen weaker as stock market investors book gains NAIROBI (Reuters) - The Kenyan shilling was steady early on Wednesday, supported by tea exporters selling dollars, but traders expect it to come under pressure from foreign investors exiting the stock market. At 0727 GMT, commercial banks quoted the shilling at 85.00/20 per dollar, barely changed from Tuesday's close of 84/95/85.15. "Tea dollar are trickling into the market and this has provided ...
June 12, 2013 - Reuters via Yahoo! News
Kenya tea prices dip at latest sale NAIROBI (Reuters) - The average price of Kenya's top-grade Broken Pekoe Ones tea dipped to $3.16 per kg at this week's auction from $3.21 per kg at last week's sale, trader Africa Tea Brokers said. Tea is a major source of foreign exchange for Kenya, which is the world's leading exporter of black tea. It earned 112 billion shillings from the commodity last year. ATB said that Best Broken Pekoe ...
June 12, 2013 - Reuters via Yahoo! News
Police step up search for Nairobi, Mombasa bombers NAIROBI, Kenya, June 10 (UPI) -- Police have ramped up the search for those behind the bombings in Mombasa and Kenya's capital of Nairobi in which at least 15 people were hurt, officials say.
June 10, 2013 - UPI
Laurent Nkunda in BBC News We asked for a response as to where, when, and with whom we are going to do these talks. For us, we propose Nairobi and for the mediator we proposed chief Obasanjo,Mr Nkunda said.
Kevin Rudd in The Australian We have been actively engaged in this since the news of this kidnapping occurred,Mr Rudd said. "We have deployed additional staff from our mission in Pretoria to our high commission in Nairobi which is handling this case at a consular...