Lawrence Baraza
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Kenya
DP Gachagua Impeached, Makes History as First Kenyan Deputy President Ousted by Parliament
Deputy President Rigathi Gachagua has entered the history books as Kenya’s first second-in-command to be impeached by the lawmakers. In…
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Markets
KCB’s Stock Surges as Bank Divests From National Bank of Kenya
Shares of KCB Group Plc, Kenya’s largest bank by assets, surged to their highest level since May as investors priced…
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Kenya
IMF to Review Kenya’s $3.9 Billion Loan Program on October 30
The International Monetary Fund (IMF) executive board is set to deliberate the next disbursement in Kenya’s $3.9 billion loan program…
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Wealth Creators
SportPesa celebrates latest Midweek Jackpot winner with Kshs.20.8 million prize in Grand ceremony
SportPesa, Kenya’s giant online gaming company, proudly introduced its newest millionaire, Dominic Musili, after his stunning win of Ksh 20,801,394…
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Kenya
Court Clears Senate on Impeachment Trial of DP Gachagua
The High Court of Kenya has allowed the Senate to move forward with impeachment proceedings against Deputy President Rigathi Gachagua.…
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Kenya
Kenya Successfully Migrates Electronic Payment System to Global Standard
The Central Bank of Kenya (CBK) has successfully completed the migration of the Kenya Electronic Payment and Settlement System (KEPSS)…
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East Africa
Uganda Signs $2.95 Billion Deal for SGR Extension to Kampala
Uganda has signed a €2.7 billion ($2.95 billion) deal with Turkish construction firm Yapi Merkezi Holdings AS to build a…
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Markets
CBK Authorizes JPMorgan Chase Bank to Open Representative Office in Nairobi
The Central Bank of Kenya (CBK) has granted authorization for JPMorgan Chase Bank N.A., a major American financial institution, to…
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Kenya
SHA CEO Wachira Directs Employers on SHIF Remittance Accounts
Acting CEO of the Social Health Authority (SHA), Elijah Wachira, has issued a directive outlining six designated bank accounts for…
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West Africa
Senegal Envisions Investing About $30.5 Billion In Development
Senegal, a nascent oil and gas producer, intends spending about 12.8 trillion CFA francs ($21 billion) on development over the…
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