Kenya Power rules out electricity rationing

Households should not expect power rationing or higher electricity bills in the near future despite biting drought that has reduced hydro power generation, Kenya Power said yesterday. The utility firm said there is an electricity reserve of 27.11 per cent from its...

CBK’s website best among regulators

The Central Bank of Kenya’s website has been feted as the best among regulators during the fourth annual Central Banking Awards. “The Central Bank of Kenya’s impressive new website was the result of extensive research undertaken to ensure it met international best...

Banks to rival M-Pesa, lower transaction fees

Commercial banks hope to ride on below-market rates to drive subscriptions on their mobile money transfer system which goes live next month. The lenders are seeking a share of fees from highly growing multi-trillion-shilling mobile money payment transactions,...

Deadly car bombing rocks Iraq’s Baghdad

A car packed with explosives has blown up in the south of Baghdad, killing at least 55 people and wounding dozens more. The Islamic State of Iraq and the Levant (ISIL) group claimed responsibility for Thursday’s attack, which came amid a renewed wave of violence...

Senegal’s cancer patients struggle for treatment

Senegal’s solitary radiotherapy machine broke down on December 28 last year, leaving the country’s only radiation therapist and small team of technicians idly waiting as patients were turned away or offered alternative treatments. The machine uses...