Kenyan Shilling
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Kenyan Shilling
The currency of Kenya. It was introduced in 1966, replacing the first East African shilling.
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Since the Kenya shilling appreciated against some currencies and depreciated against others during the study period, the Nominal Effective Exchange Rate (NEER) is constructed.
Because importers are paying more Tanzania shillings for fewer US dollars, pounds, euros, rands or Kenya shillings, they are importing less.
The total project cost is estimated at US$125 million equivalent in Kenyan Shillings and IFC will make an equity investment of up to US$15 million equivalent in Kenya Shillings
The Note will be issued in several tranches with the first tranche issued in Kenya shillings.
Even our lowest-paid get 2,000 Kenya shillings more per month than those at most other farms.
She said Finlays pays one of the highest rates in the flower industry and all employees get above the minimum wage, with the lowest-paid receiving 2,000 Kenya shillings more a month compared to the wages other farms pay.
Non-compliance can, under a recently introduced new law, attract fines of up to 300,000 Kenya shillings and/or a jail term, not to exceed 3 years, now by many seen as draconian and likely to be used in political or business vendettas, like in the old days of currency regulations when the possession of a mere 20 dollar bill could end you up in jail, and in several select cases actually did.
A major work program, which started in 2010 and was financed by the World Bank and the French government, worth 7 billion Kenya Shillings, has now come to its conclusion, after rehabilitating sections of the pipeline from the Mzima Springs pumping station inside Tsavo West National Park.
A police squad was formed in response to rising cases of coffee theft in the country which is causing farmers losses in millions of Kenya Shillings.
At a weekly 'Knight Nurses' meeting, the 20 members in attendance donated 20 Kenya shillings each (about N$ 2) and assorted food items for two sick members.
KWS, in close cooperation with safari lodge operators in the affected areas, spent millions of Kenya shillings to purchase and transport hey to feeding grounds, while also organizing additional boreholes providing water to the animals and helping significant numbers to survive.
Basing on the Kenya Central Bureau of Statistic's classification, over 70% of both HIV-infected and non-infected pregnant women were from low economic classes, with monthly income below Kenya shillings 10,000 [1, 13, 14].
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