Economy
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Why Kenya is Added to Dirty Money List But Uganda Dropped
Kenya has been added onto the “gray list” by the Financial Action Task Force (FAFT) once again. This means Kenya…
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Kenya Signs Deal With Ethiopia in 7 Strategic Areas
Kenya and Ethiopia have signed deals in seven areas in a strategic framework agreement. The deals were signed during the…
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East Africa to Lead Africa’s Growth Despite Challenges
East Africa’s economy is expected to reach 5.1 percent and 5.7 percent in 2024 and 2025, respectively – according to…
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Ruto Dealt Another Blow in Supreme Court Ruling on NSSF
The Supreme Court has overturned the Court of Appeal’s orders on the controversial National Social Security Fund (NSSF) scheme. The…
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Equity Bank Increases Cost of Loan to 18.24%
Equity Bank has become the first bank in Kenya to adjust its lending rate to all its clients in Kenya.…
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MPs Return to House to Debate Housing Levy
Kenyan lawmakers reconvened in the National Assembly to discuss the contentious Housing Levy, supported by recent amendments in the Housing…
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Kenyan Lawyers to Start Reporting Clients on Suspicious Money Sources
Starting in March, lawyers in Kenya will start reporting suspicious money transactions to the Financial Reporting Centre (FRC) to combat…
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Kenya Set to Receive Ksh.1.5 billion from World Bank
Before June this year, Kenya would have received between $1 billion to $1.5 billion from the World Bank. The funds…
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Another Court Blow to Ruto Over Sugar Millers Privatisation
High Court in Nairobi issued a ruling temporarily stopping the sale of four sugar milling companies. Justice Chacha Mwita put…
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Toyota Sets Aside Ksh.800 Million for Car Plant in Kenya’s Thika
Kenya and Toyota Tsusho Corporation of Japan have signed a framework agreement for collaboration in vehicle manufacturing and renewable energy…
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