Shilling Archive

Since January this year the shilling has depreciated by about 24 percent and closed at 2,146/- against 1 USD. The depreciation is higher by four times compared to the same period in 2014. It was …

Nairobi, Kenya: The Chinese firm at the centre of the multi-billion shilling railway contract failed to turn up before the parliamentary committee investigating the project for the third time, even as it emerged that the …

Nairobi, Kenya: Outspoken trade union leader Francis Atwoli has told a House team that the management of the National Social Security Fund (NSSF) should be prosecuted over the controversial Sh5 billion servicing of Tassia plots. …

The hitherto largely ‘sleepy’ southern Tanzania port of Mtwara is now a hive of activity. It witnessed early this week the unloading of its final shipment of 4,845 pipelines from China for the 542-km …

A court in Kenya has fined a Chinese man a record 20m shillings (£140,000; $230,000) for smuggling ivory, under tough new anti-poaching ...

Following hot on the heels of the French Food Festival at the Nairobi Serena Hotel will aficionados of good food have more reason to go out and indulge as the Nairobi Restaurant week will kick …

Kenya’s President Uhuru Kenyatta has signed into law a media bill which journalist groups have condemned as “draconian” and an attack on democracy. President Uhuru Kenyatta Last month, he rejected an earlier version of …