Advertisement
Canada markets closed
  • S&P/TSX

    21,947.41
    +124.19 (+0.57%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CAD/USD

    0.7308
    -0.0006 (-0.08%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • Bitcoin CAD

    86,775.62
    +378.59 (+0.44%)
     
  • CMC Crypto 200

    1,316.19
    +39.22 (+3.07%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • NASDAQ

    16,156.33
    +315.37 (+1.99%)
     
  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     
  • FTSE

    8,213.49
    +41.34 (+0.51%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • CAD/EUR

    0.6787
    -0.0030 (-0.44%)
     

Kenya sees tourism revenues rising 18 pct to 100 bln shillings

Tourists sun bathe near the swimming pool at the Voyager beach hotel in the Kenyan coastal city of Mombasa, January 18, 2016. REUTERS/Joseph Okanga (Reuters)

NAIROBI (Reuters) - Kenya sees earnings from tourism rising to 100 billion shillings ($990 million) in 2016, helped by improved security, infrastructure and marketing, the president's office said on Wednesday. The office did not give a comparative figure, but in June, Tourism Minister Najib Balala said Kenya earned 84.6 billion shillings from tourism in 2015. Tourism, along with tea, horticulture and remittances are Kenya's leading sources of foreign exchange. ($1 = 101.2500 Kenyan shillings) (Reporting by George Obulutsa; Editing by Toby Chopra)