Lawrence Baraza
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Markets
Fitch Ratings downgrades Kenya’s Credit Rating to Negative
Fitch Ratings has revised Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at…
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Corporate
ATIDI shareholders approve 2022 results, new 5-year strategic plan
Shareholders of African Trade and Investment Development Insurance (ATIDI), formerly known as the African Trade Insurance Agency – (ATI) approved…
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Regions
Uganda: Finance Committee to scrutinize utilisation of budgets
The Committee of Finance is to study and reconcile financial statements of the Consolidated Fund account for the year ending…
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Corporate
Shelter Afrique eyes 10 more countries in membership drive
Shelter Afrique is keen on onboarding the remaining 10 African countries that are not yet its members, the Pan–African housing…
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Finance
Changes to Personal Income Tax – Finance Act, 2023
The Finance Act, 2023 (the Act) was assented to by the President on June 26, 2023. In this alert, we…
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Markets
State raises Ksh.52.1 billion from 5 & 10-year re-opened bond
Central Bank of Kenya (CBK) released the auction results for the newly issued bond FXD1/2023/05 with a tenor to maturity…
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Economy
Iran to increase economic investment in Kenya tenfold
President Ebrahim Raisi of Iran announced plans to increase economic and business dealings with Kenya tenfold, adding that elevated cooperation…
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Corporate
ATIDI maintains profitable growth despite global headwinds
Pan- African Insurer, African Trade and Investment Development Insurance (ATIDI) -formerly known as the African Trade and Insurance Agency –…
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NEWS
Microsoft-backed FAST Accelerator launches 2nd cohort of AI to boost African Startups
Flapmax an Artificial Intelligence (AI) company enriching lives through innovation, has announced the launch of the second FAST Accelerator program.…
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Economy
Finance Act 2023 to remain suspended – High Court
The High Court has dealt yet another blow to President William Ruto after it stayed orders suspending the Finance Act,…
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