Lawrence Baraza
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Markets
Emerging Market Stocks Rebound After Monday’s Losses
Emerging market assets recovered some of their losses on Tuesday following a significant sell-off the previous day. Gains were limited…
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Southern Africa
Johannesburg is Facing $12 Billion Infrastructure Crisis
Johannesburg, renowned as Africa’s wealthiest city due to its high concentration of businesses and millionaires, is grappling with a staggering…
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Lifestyle
What it Means as Parliament Okays Pensions (Amendment) Bill, 2022
The National Assembly has passed the Pensions (Amendment) Bill, 2022, aimed at expediting the processing and payment of pensions. The…
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Kenya
Kenya’s Central Bank Cuts Benchmark Interest Rate in Four Years
The Central Bank of Kenya (CBK) has cut its benchmark interest rate for the first time in over four years.…
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Wealth Creators
Investors Flock Seychelles, Mauritius Over Favourable Investment Terms
Seychelles and Mauritius have emerged as the top investment destinations in Africa, outperforming the continent in terms of economic performance,…
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Currencies
CBK Makes Changes to Currency Banknotes
The Central Bank of Kenya (CBK) has announced changes to the Kenyan currency banknotes, in line with its mandate to…
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Credit Rating
Fitch Downgrades Kenya’s Long-Term Foreign-Currency Rating to ‘B-‘
Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’, while maintaining a Stable Outlook.…
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Corporate
Mobius Motors to Cease Operations in Kenya Following Shareholders’ Decision
Kenyan vehicle manufacturer Mobius Motors is set to close its operations in Kenya after shareholders approved a plan to place…
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Corporate
St. Patrick’s Secondary School Ofafa and Maringo Ward Communities Gain Access to Clean Water Through KPC Foundation Initiative
St. Patrick’s Secondary School Ofafa students and the neighboring Maringo Ward communities now have access to clean and safe water,…
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Wealth Creators
Water CS Nominee Eric Mugaa Muriithi Declares Ksh.31 Million Net Worth
Eric Mugaa Muriithi, the nominee for Cabinet Secretary of Water, Sanitation, and Irrigation, has declared his net worth. Speaking before…
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