Lawrence Baraza
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Regions
Egypt, Ethiopia Among Latest States To Join BRICS in 2024
The BRICS group of emerging-market nations has expanded its membership to include six new countries, namely Ethiopia, Egypt, Iran, Saudi…
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Wealth Creators
Ethiopia’s Al-Amoudi Wealth Up $3.59 Billion in 2023 to Place Him Africa’s 4th Richest
Ethiopia’s richest man Mohammed Al-Amoudi had a remarkable year in 2023, adding almost $3.6 billion to his wealth. According to…
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International
List of African States Set For Election in 2024
The year 2024 will be a busy and crucial one for African politics, as many countries will hold general elections…
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Markets
Kenya’s Trade Deficit Falls to Ksh.379 Billion on Export Earnings
Kenya’s trade deficit, the gap between the value of its exports and imports, narrowed by 12.5 percent in the third…
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Economy
Why Kenya Won’t Be Visa-Free as Directed by President Ruto
The Kenyan authorities said on Tuesday, January 2, that they were delaying President William Ruto’s order on Visa-free access to…
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Currencies
How Kenya Shilling Value Affected Nairobi Expressway Toll Fee Uptick
Transport CS Kipchumba Murkomen has clarified a contract that was signed by the former President Uhuru Kenyatta’s government that has…
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Corporate
Kenya Airways Shares Suspended for Another Year as Restructuring Continues
The Nairobi Securities Exchange (NSE) has announced that it will extend the suspension of trading of Kenya Airways Plc shares…
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Corporate
State Introduces New Levy on SACCOs
Saccos members will now pay a new tax on their non-withdrawable deposits, which are the share capital they cannot reduce…
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Economy
Kenya’s Government Digital Payments Platform Migrated to Single Playbill
Kenyan government digital payment channels have migrated to a single Playbill number 222222, effective December 31, 2023, in line with…
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Markets
Banks Faced With Tricky Trade-Off on Raising Rates Over Default Fears
The New Year 2024 brings difficult choices for commercial banks, who have to decide whether to increase their lending rates…
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