Economy
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Ethiopia warns its citizens against trading in cryptocurrencies
Ethiopia’s Central Bank has issued a warning to Ethiopians against engaging in illegal transactions in digital currencies. The National Bank…
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Kenya to receive Ksh.17.5 billion loan from AfDB for Nairobi-Nakuru Highway upgrade
Kenya is set to receive Ksh.17.5 billion from the African Development Bank (AfDB) for the upgrade of the Nairobi Nakuru…
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Report; Half population of Isiolo need food relief
About 50 percent of Isiolo County residents are in need of food support following two years of insufficient rainfall. According…
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Tanzania backtracks decision to lift ban on wildlife exports
Tanzania’s Natural Resources and tourism ministry revoked Sunday, a decision to allow exports of live wildlife. The move came after…
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WHO raises red flag on Tobacco industry
A World Health Organization (WHO) report has revealed that at least 8 million lives are lost annually due to production…
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Treasury releases over Ksh.7 billion to Kenya Power for a further 15% power cut
Kenya Power has received Ksh.7.05 billion subsidy from the National Treasury which will see a second phase of lowering power…
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High food prices push Kenya’s inflation to 7.1% in May
Inflation in Kenya for the month of May jumped to 7.1 percent from 6.4 percent in April pointing out the…
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Kenya seeks to raise debt ceiling to Ksh.10 trillion
The National Treasury Cabinet Secretary Ukur Yatani has proposed to raise Kenya’s debt ceiling from the current Ksh.9 trillion to…
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Kenya defaulted on loan repayment over Kimwarer, Arror and Itare dams
A report by the Auditor General Nancy Gathungu shows Kenya defaulted on three loans totaling Ksh.5.1 billion. The loan servicing…
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Kenya signs 7 key bilateral agreements with Sierra Leon
President Uhuru Kenyatta and his visiting Sierra Leonean counterpart Julius Maada Bio on Monday, May 30, 2022, signed seven key…
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