30 April 16

Kenya: Central Bank Seizes Sh8bn from Disgraced Chase Bank Directors

The Central Bank of Kenya has seized Sh8 billion (almost $80m) from Chase Bank directors who brought down the bank by gifting themselves interest-free loans.

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29 April 16

Kenya Airways Pilots Strike, Defy Court Order

Kenya Airways pilots defied a court order and agreement with management to stage a strike on Thursday.

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28 April 16

Kenya Airways Pilots Set to Strike

All Kenya Airways flights could be grounded on Thursday if plans to stage a strike go ahead.

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22 April 16

Kenya: Chase Bank to Reopen Next Week As KCB Takes the Helm

Chase Bank branches will reopen next Wednesday after KCB Group stepped up to become a majority shareholder in the fallen bank.

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20 April 16

Fastjet Wins African Budget Airline Award

Budget airliner Fastjet has won Africa’s Leading Low-Cost Airline Award at the 23rd Annual World Travel Awards.

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14 April 16

Oxfam Accuses World Bank of Funding Tax Cheats in Africa

British non-profit organisation Oxfam has accused World Bank of funding potential tax cheats in Africa.

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12 April 16

Senators Call For CBK Governor Questioning Over Collapsed Banks

Senators in Kenya have called on the Director of Criminal Investigations to question Central Bank of Kenya (CBK) governor Patrick Njoroge and senior officials following the collapse of Chase Bank.

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12 April 16

Tanzania to Export Electricity to Kenya in $300 million Deal

Tanzania is set to begin exporting electricity to Kenya within the next two years, as part of a $300 million deal between the neighbouring countries.

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11 April 16

Kenya: Chase Bank Placed Under Receivership by CBK

A Kenyan retail bank has been placed under receivership by the Central Bank of Kenya (CBK) following financial difficulties.

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06 April 16

African Nations Implicated in Panama Papers Scandal

A number of African nations have been implicated in the Panama Papers scandal, in which millions of leaked documents reveal the offshore tax havens of world leaders, high-profile politicians and some of the world’s richest.

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