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Kenya's Diamond Trust Bank (DTB) will focus on integrating Habib Bank Kenya and will only start looking to make further acquisitions from next year onwards, its chief executive told Reuters on Wednesday.

Kenya's Diamond Trust Bank (DTB) will focus on integrating Habib Bank Kenya and will only start looking to make further acquisitions from next year onwards, its chief executive told Reuters on Wednesday.

The secretive nature of deals signed between and companies prospecting for minerals, oil and natural gas in Kenya could be exposing the country to major losses in future.

Kenya has set aside funds to enable foreign journalists covering the championships to tour the country’s top attractions.

The Independent Electoral and Boundaries Commission (IEBC) terminated a Sh3 billion tender to protect its image and integrity.

The naira appreciated significantly against the dollar on Wednesday to trade at N410 to the dollar, the News Agency of Nigeria (NAN) reports. The local currency gained 20 naira to exchange at N410 to the dollar from N430 posted on Tuesday. It also firmed against the pound sterling and the ...

Railway operator Keikyu Corp., electronics maker Sharp Corp. and two other companies said Wednesday they will launch a joint rental service featuring a robot-shaped mobile phone, mainly targeted at overseas visitors. RoBoHoN, released by Sharp last year, will be available to rent at Tokyo’s Haneda airport from April 25. The ...

Tokyo Electric Power Company Holdings Inc. is aiming to integrate its nuclear and power transmission and distribution businesses with other utilities to free up funds to use in dealing with the aftermath of the Fukushima disaster. According to Tepco’s revised business turnaround plan announced Wednesday, the company will establish a ...

The dollar lost ground sharply to around ¥111.50 in Tokyo trading on Wednesday, dragged down by stock price plunges in Japan and the United States. At 5 p.m., the dollar stood at ¥111.50-50, down from ¥112.82-83 the same time Tuesday. The euro was at $1.0801-0803, up from $1.0781-0781, and at ...

Former Bank of Japan Policy Board member Sayuri Shirai says the central bank has done about all it can do to end the nation’s deflationary mindset. More than four years ago it unleashed massive monetary easing, but taxpayers still doggedly save, fearing that public pensions won’t provide enough for their ...