Lawrence Baraza
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Corporate
Cytonn Fails to Stop its 40-acre Land Takeover
The High Court has granted permission to the Official Receiver to assume control of a 40-acre land in Ruiru, Kiambu…
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NCBA, Strathmore Partner for Owner Manager Programme for SMEs in East Africa
Over 25 owners of small and medium-sized enterprises (SMEs) have completed the Enterprise Development Programme, earning a certificate. This programme…
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Markets
Kenya Now Considering Swap Deal to Refinance $2 Billion Eurobond as Deadline Looms
As Kenya faces a looming deadline to repay its maturing $2 billion Eurobond, it is considering a swap deal that…
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East Africa
Tanzania Rescinds Decision to Suspend KQ Passenger Flights to Dar
Kenya has given Air Tanzania Company Limited the right to carry cargo between two foreign countries, starting from 16 January…
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International
IMF Sees Global Growth Aided by 2023 Tail Winds
The global economy is set to receive a boost in 2024 from a slightly stronger-than-anticipated performance last year, according to…
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Technology
5 Big Tech Companies That Have Laid Off Staff to Cut on Cost
Major technology firms are currently making strategic changes to their workforce, with layoffs being a primary focus. The extent of…
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East Africa
Kenya Responds to Tanzania on Decision Suspending Passenger Flights to Dar
Kenya Airways (KQ) has responded to Tanzania’s decision to suspend its passenger flights to Dar es Salaam, in what appears…
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East Africa
Tanzania Suspends Kenya Airways Flights Over Cargo Dispute
Tanzania has announced it will suspend all passenger flights operated by Kenya Airways (KQ) between Nairobi and Dar es Salaam…
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Markets
Oil Edges Lower as Airstrikes Disrupt Crude Flows from Middle East
Oil edged lower as the risk that airstrikes by the US and allies against the Houthis would ignite a wider…
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East Africa
Moody’s Sees Better Economic Futures on Tshisekedi’s Re-election
The Democratic Republic of the Congo’s Constitutional Court confirmed President Felix Tshisekedi’s re-election on January 9, which Moody’s said rubberstamps…
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