Economy
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Kenya Proposes Removing Financial Data Privacy Protection in 2025 Finance Bill
The Kenyan government is seeking to repeal a legal provision that protects personal and customer financial data from taxman, potentially…
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Isuzu, KBL Save Ksh.26 Million Annually in New Energy Management Regulations
Isuzu East Africa Limited (Isuzu) and Kenya Breweries Limited (KBL) have set a new benchmark in sustainable industrial practices, earning…
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Kenya’s Economy to Grow Slowest in 2025 at 4%, Says World Bank
Kenya’s economic growth is projected to decelerate in 2025, primarily due to escalating public debt and fiscal constraints, according to…
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List of Candidates Seeking to Succeed Dr. Adesina as AfDB President
Five contenders are set to battle it out for the presidency of the African Development Bank (AfDB) on Thursday during…
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Absa Bank Kenya Net Profit up 4% to Ksh.6.2 Billion in Q1 2025
Absa Bank Kenya PLC has reported a 4% growth in net profit to Ksh.6.2 billion for the quarter ending March…
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Trump Postpones 50% Tariffs on EU Goods to July
President Donald Trump has delayed the implementation of a proposed 50% tariff on European Union imports until July 9, 2025.…
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Reason Why Uganda has Cut Military Ties with Germany
Uganda’s military has severed all military cooperation with Germany after it accused Berlin’s ambassador to Kampala of involvement in “subversive…
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Germany Drops TotalEnergies from Sustainability Funds Over Human Rights Concerns in Uganda
Germany’s Union Investment has removed French energy giant TotalEnergies from its sustainability funds and is calling for an independent human…
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Uganda Signs $800 Million 3-yr SGR Deal with Islamic Bank
Uganda has signed a $800 million financing agreement with the Islamic Development Bank to support projects, including a planned railway…
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Kenya Power Cleared to Proceed with Ksh.1.2 Billion Transformer Tender
Kenya Power has been granted the green light to finalize a Ksh.1.2 billion transformer procurement deal, following a ruling by…
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