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Kenyan to Raise KSh 130 Billion Through Reopened Treasury Bonds for Budgetary Support.

The Central Bank of Kenya (CBK) has announced the reopening of three fixed-coupon Treasury bonds, ai…
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Kenya to Lift Moratorium on Licensing of New Commercial Banks After Nearly a Decade.

In a significant policy shift aimed at revitalising the financial sector, the Central Bank of Kenya …
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Record Loss at Nation Media Group Leaves Shareholders Without Dividends.

Nation Media Group (NMG), one of the East Africa’s largest independent media houses, reported KSh 6.…
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Umeme Declares Buyout Dispute with Ugandan Government, Citing Unresolved Compensation.

Umeme Limited, Uganda’s largest electricity distributor, has formally declared a dispute with the Go…
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Kenya Revenue Authority Unveils eRITS System to Streamline Rental Income Tax Compliance.

The Kenya Revenue Authority (KRA) has launched a eRITS system aimed at simplifying rental income tax…
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Global Hedge Funds Post Losses as Markets Plunge in the Wake of Escalating Trade Tensions.

Global hedge funds are grappling with significant losses and a sharp reduction in net leverage follo…
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Bitcoin Plummets Amid Global Market Turmoil Following President Trump Tariff Announcements.

The cryptocurrency market has experienced a significant downturn, with Bitcoin price dropping below …
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Tanzania Bans Foreign Currency Use for Local Transactions.

In a decisive move to strengthen the Tanzanian Shilling (TZS) and regulate currency usage within its…
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US President Donald Trump Imposes 10% Reciprocal tariff on Kenyan exports.

The United States has rolled out a new wave of reciprocal tariff targeting over 50 countries, includ…
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Kenya Seeks Investor Backing for 100% Renewable Energy Transition by 2030.

Kenya is intensifying its commitment to achieving 100% renewable energy by 2030, actively seeking in…
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