Month: June 2022
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Politics
Kenya, UNDP partner to launch peace campaign ahead of general elections
Kenya and the United Nations Development Programme (UNDP) have partnered to launch a peace campaign aimed at curbing electoral violence…
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Markets
Global motorists saddled by high fuel costs for first time in history; A look at Kenya, its peers
Fuel prices have more than doubled in two years, saddling millions of motorists with enormous costs. For example, in the…
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News
Kenya extradites most wanted drug suspect to U.S for arraignment
Kenya extradited an international drug fugitive, Badru Abdul Aziz Saleh, for trafficking in narcotics. According to the Directorate of Criminal…
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Corporate
Let Keroche go, Odinga responds to KRA for shutting down Keroche breweries
“Don’t kill the goose that lays the golden egg,” said Azimio La Umoja Presidential flag bearer Raila Odinga who slammed…
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News
Kenya changes tune on 15% minimum global tax scheme
The Kenyan government has changed its tune to join 134 countries that have already subscribed to a 15 percent global…
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Economy
How NMS plans to force matatus from Nairobi CBD
Matatus in Nairobi’s Central Business District (CBD) will be phased out of the city before the end of the year…
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Corporate
Kenya banking on KenGen to effect 15% power cut in second phase
The Kenyan government is now banking on the electricity generating company, KenGen, to effect the remaining 15 percent power cut.…
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Corporate
Qatar Airways posts record Ksh.180.8 billion profit despite pandemic
Qatar Airways on Thursday posted a record net profit of Ksh.180.8 billion for the 2021-2022 financial year. The air carrier…
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Politics
Kenya calls for immediate cessation of hostilities in DR Congo
Kenyan President Uhuru Kenyatta has called for an immediate ceasefire in the Eastern Democratic Republic of Congo (DRC), where fighting…
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Finance
What you need to know about central banks raising benchmark lending rates
Central Banks in both developed and emerging economies are raising their benchmark lending rates amidst the high cost of living…
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