Economy
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Italy Unveils $5.9 Billion for Migration Control from Africa
Italy has unveiled a $5.95 billion in what it calls “Mattei plan” to prevent Africans migrating to Europe – a…
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Tanzania Sets Date to Commission Electric Train
The Tanzania Railways Corporation (TRC) began its inaugural trial journey of the electric Standard Gauge Railway (SGR) train from Dar…
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Tanzania’s New 567 KMs SGR Connecting DR Congo To Beat Kenya’s
The Tanzanian government, on February 23, 2024, signed a financing agreement with the African Development Bank (AfDB) worth TSh.231.3 billion…
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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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