Lawrence Baraza
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Markets
Kenyan Ride-Hailing Drivers Threaten New Protests After Unsuccessful Strike
Kenyan ride-hailing drivers are poised to protest again on Wednesday after a previous strike from July 15th to 19th failed…
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Southern Africa
World Bank Pledges $100 Million to Enhance Zambia’s Digital Infrastructure
The World Bank has pledged $100 million to boost Zambia’s digital infrastructure, aiming to expand internet access across the nation.…
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International
President Joe Biden Announces Withdrawal from 2024 Presidential Race
President Joe Biden has announced his withdrawal from the 2024 presidential race. This decision comes amidst mounting pressure from fellow…
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Commodities
Do Kenyans Have Option for Affordable Fuel? Here’s List of Countries With Cheapest Fuel Globally
Several major oil-producing countries, including Libya, Venezuela, Kuwait, and Saudi Arabia, benefit from very low domestic fuel costs. Among these…
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International
Elon Musk to Move SpaceX and X Headquarters Over Homosexuality Laws
Billionaire Elon Musk has announced plans to relocate the headquarters of his companies, SpaceX and social media platform X, from…
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Corporate
HSBC Appoints Georges Elhedery as New Chief Executive
UK-based banking giant HSBC has announced that Georges Elhedery, 50, will become its next chief executive, succeeding Noel Quinn who…
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East Africa
Uganda to Boost Foreign Exchange Reserves with Domestic Gold Purchases
Uganda is set to begin purchasing domestic gold to bolster its foreign exchange reserves and minimize risks associated with reserve…
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Kenya
Kenya Shilling Hits One-Month Low to 130 Units Amid Nationwide Protests
The Kenyan Shilling has plummeted to a one-month low against the US dollar, coinciding with intensified nationwide protests against President…
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Kenya
Ford Foundation Responds to Ruto’s Accusation of Funding Protests
The American non-governmental organization, Ford Foundation, has issued a response following accusations from Kenya’s President, William Ruto, that it funded…
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East Africa
Partial Results Show Kagame Leading by 99.15% of Vote
Rwanda’s incumbent President Paul Kagame is leading by 99.15 percent of the vote in the presidential election on Monday, according…
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