Kenya inflation rises to 6.02% in July

The inflation rate has gone up marginally by 1.11 percent to 6.02 percent in July, according to the latest data from the Kenya National Bureau of Statistics (KNBS).
The inflation rate has gone up marginally by 1.11 percent to 6.02 percent in July, according to the latest data from the Kenya National Bureau of Statistics (KNBS).
Kenya's CIC Insurance plans to expand its business to South Sudan and Uganda this year after profits more than doubled last year due to a jump in underwriting and investment income, the firm said on Wednesday.
The Central Bank of Kenya (CBK) has said it has granted authority to the Central Bank of India (CBI) to open a representative office in Kenya, the sixth foreign bank to be authorized to operate in the east Africa nation.
Luxury hotels group Hemingways is opening a high-end hotel in Nairobi in the next few months.