News
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Why Kenyans Won’t Enjoy Prolonged Cheap Fuel Costs in Near Future
The global oil market is currently experiencing an oversupply due to robust production from Russia, surpassing earlier projections, and a…
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Ugandan Billionair’s Chipper Cash Lays Off Employees for 4th Time
Chipper Cash, led by Ugandan businessman Ham Serunjogi, has announced a fourth round of layoffs, affecting 15 employees across various…
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ATIDI Partners with Dubai-based AMEA Power for 20MW Ituka West Nile Uganda Limited Solar Project
The African Trade Insurance Agency (ATIDI) has pledged its support for the 20 MW Ituka West Nile Uganda Ltd solar…
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Xplico, Invesco Insurance Put Under Receivership
The Insurance Regulatory Authority (IRA) has appointed the Policyholders Compensation Fund (PCF) as the Statutory Manager for Xplico Insurance Company…
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Dar Receives $5 Billion Pipes for Fist Uganda-Tanzania Crude Oil Pipelines
The first batch of pipes for the $5 billion East African Crude Oil Pipeline (EACOP) has arrived in Dar es…
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Senate Clears Watu Credit of Alleged Exploitation
Watu Credit Limited has been absolved of any alleged malpractices and exploitation, following a thorough investigation by the Senate Trade…
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NTSA Announces Temporary Closure of TIMS Portal for e-Citizen Integration
The National Transport and Safety Authority (NTSA) has announced a temporary closure of the Transport Integrated Management System (TIMS) portal.…
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PAA Welcomes Ruto’s Visa-Free Initiative For All Visitors to Kenya
Starting January 2024, Kenya will be implementing a visa-free policy for all visitors. This strategic move is aimed at boosting…
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South Africa’s Petrol Price Down to Ksh.188 a Litre
Oil prices have dropped globally in the last quarter of the year, with South Africa’s petrol price expected to drop…
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Oil Stabilizes on More Oversupply Signs
Oil stabilized after a steep drop due to rising Russian flows and higher US output, causing concerns that supply is…
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