KENYA

Obama’s Uncle Arrested, Facing DUI Charges, President Remains Mum

Police have confirmed that they arrested an uncle of U.S. President Barack Obama in Massachusetts last week for allegedly driving under the influence of alcohol. Onyango Obama, 67, entered a not guilty plea on Friday and was being held without bail on a detainer from U.S. Immigration and Customs Enforcement (ICE). He was charged with operating under the influence of alcohol, negligent operation of a motor vehicle and failure to yield the right of way.

Kenya Shilling Steady: Eyes on Lending Rule Impact

The Kenyan shilling was stable against the dollar on Friday, and traders said prevailing tight shilling liquidity was expected to keep the local currency on a strengthening bias, while the main share index broke a four-day losing streak.

Kenya: Interbank Borrowing Rate at 26% Unacceptable

An interbank borrowing rate of 26 percent in Kenya is unacceptable, a senior Treasury official said on Friday, and staff from the ministry of finance and the central bank are working on a plan to deal with interest rates while supporting the shilling currency.

Climate Change Forcing Plants, Animals to Higher Elevation: Study [VIDEO]

Researchers in Britain looked at the effects of temperature on approximately 2,000 species of plants, animals and insects and found that species undergoing the greatest warming have moved the furthest. The results are published in the journal Science, and have helped to reinforce what scientists have long been saying — that there is a link between climate change and shifts in species' global ranges.

Kenya shilling stable vs dollar, stocks down

The Kenyan shilling was stable against the dollar on Monday and was seen firming due to a squeeze on shilling liquidity in the money markets, while stocks edged lower for a second session.

Tanzania inflation jumps, upward momentum seen

Tanzania's inflation rose for the ninth successive month in July on the back of higher food and energy costs and analysts said it was set to keep rising due to a poor supply outlook for staple foods and the cost of importing oil.

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Kenyan shilling, stocks tumble on global sell-off

The Kenyan shilling extended its tumble to touch a new record low of 93.58 against the dollar on Monday, while the benchmark share index fell 2 percent as the global sell-off of emerging and frontier assets hit local markets.
To match feature CHILDMARRIAGE/

Teenage brides suffer pain and shame of fistula

"Nobody wants a woman who passes stools all the time and smells," whispered Farhiya Mohamed Farah, explaining why her husband divorced her when she was pregnant with their second child.
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