Lawrence Baraza
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Markets
GCR Upgrades ShafDB’s Long, Short-term Issuer Ratings to B
South African rating agency GCR, has upgraded Shelter Afrique Development Bank’s (ShafDB) international scale long issuer rating to B from…
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Kenya
Gen Z Anti-Tax Protests Forces Moody’s to Downgrade Kenya’s Rating to Caa1
Moody’s Ratings (Moody’s) has downgraded Kenya’s local and foreign-currency long-term issuer ratings and foreign-currency senior unsecured debt ratings to Caa1…
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East Africa
Clinical Officers Call off Strike After Agreeing to Return-to-Work Formula with Governors
The Kenya Union of Clinical Officers (KUCO) has officially called off its strike, which had halted operations at public hospitals,…
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Kenya
Data Protection Case Against Businessman To Be Mentioned On July 29
A case in which a man has been charged with disclosing Personal data to a third party was today mentioned…
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Wealth Creators
Motorbikes and Smartphones Up For Grabs: Odibets awards first batch of Omoka na Euro promo winners
Odibets on Friday July 5 awarded winners of the Omoka na Euro promotion as the tournament entered quarter finals. The…
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West Africa
Namibia Inks MoU for Lofdal Thorium Offtake
Namibia Critical Metals has signed a nonbinding memorandum of understanding (MoU) with Copenhagen Atomics (CA) to sell thorium produced from…
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East Africa
Kenya Imports From U.S More Than Doubles to Ksh.65 Billion
Kenya’s imports from the American Continent more than doubled in the first quarter of 2024 compared to the same period…
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East Africa
Uganda Begins Direct Importation of Fuel Via Port of Mombasa
The inaugural shipment of imported petroleum products has now broken the longstanding dominance of Kenyan Oil Marketing Companies in supplying…
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Kenya
Nairobi County Withdraws Finance Bill 2024 in Response to Anti-Tax Protests
Nairobi County Governor Johnson Sakaja has announced the withdrawal of the Finance Bill 2024. This decision comes in the wake…
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Corporate
Uber Breaks Silence on Undercover Cops Posing as Their Drivers
The ride-hailing company Uber said they employ an independent third party to verify the onboarding process of new drivers on…
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