Lawrence Baraza
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Health
Kenya’s COVID-19 positivity rate dips to one-month low of 10.9% with 194 new cases
Kenya’s COVID-19 positivity rate has dipped further to its lowest level exactly one month since the enforcement of new restrictions…
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Markets
Total declares force majeure on Mozambique LNG project, withdraws staff after insurgency
French energy company Total has declared force majeure on its Liquefied Natural Gas (LNG) project in Mozambique. In a statement,…
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Markets
Safaricom to submit bid for Ethiopia telco license
East Africa’s giant telecommunication company Safaricom has announced plans to bid for a telecommunications license in Ethiopia. The bid will…
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Finance
Remittances to Kenya up 27% to Ksh.31 bn as US tops source list
The United States remains the largest source of remittances into Kenya, accounting for 55.9 percent of remittances in March 2021…
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Economy
Relief for businesses as High Court suspends implementation of minimum tax
The High Court has stopped the implementation of a 1 percent minimum tax which was to fall due on April…
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Health
Tanzania President Suluhu forms COVID-19 committee, urges public to take precautions
President Samia Suluhu has already formed a coronavirus committee of health experts, one year after the late Magufuli declared the…
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Health
Kenya, U.K hold first joint committee to address COVID-19 travel restrictions
Kenya and the United Kingdom (UK) held the first meeting of the Joint Emergency Response Committee on the Coronavirus-related travel…
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Finance
Chase Bank assets to be sold off to pay existing debts
The Central Bank of Kenya (CBK) has approved the liquidation of Chase Bank. This means the lender’s assets will be…
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News
Kenyan woman makes U-turn, tells court Nigerian man never conned her Ksh.31 million
A fresh twist has emerged after a Kenyan lady, Bella Bronislavia admitted in court that she was advancing loans to…
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Corporate
Jubilee Holdings posts Ksh.5.08 billion pre-tax profit for FY 2020
Jubilee Holdings Limited (JHL) posted a Ksh.5.08 billion pretax profit for the period ended December 31, 2020, denoting a 1.4…
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