24 June 21

East African Countries Unveil Optimistic Budgets as They Recover from an Economic Slump

East African countries have tabled their budget allocation as they prepare for uncertain economic times . However, the budgetary estimates paint an optimistic future buttressed by tax waivers and economic incentives. In uncertain times, the countries have put in place
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15 June 21

Kenyan Business Mogul Dr. Chris Kirubi Dies at 80

The pioneer industrialist, stocks markets baron and beloved disc jockey Dr. Chris Kirubi has died at 80. The multimillionaire with a Midas touch and smooth-talking host of The Fuse on Capital FM succumbed to Colon cancer on 14th June this
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11 June 21

East Africa’s Top Banks Weather the Storm to Post Impressive Results

East Africa’s top banks have defied the tough economic crisis of the pandemic to report a rise in profits. The resilience of top banks has been tested by mobile money transfer and rising defaults in loan repayments. Moreover, sluggish economic
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27 May 21

High Court Halts BBI Push, Justice Koome Appointed Kenya’s First Female Chief Justice

The revamped Kenyan judiciary has in recent years served significant rulings. Arguably the most momentous was the nullification of the 2017 presidential elections. The High Court has now declared The Building Bridges Initiative (BBI) illegal. In addition, the High Court
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18 May 21

Kenya’s Debt Surpasses 65% of GDP, analysts expect long-term Economic Growth

The International Monetary Fund in April approved a $2.34 billion three-year financing package to Kenya. The fund projects that Kenya will borrow upwards of $12.4 billion abroad by 2022. These funds will support Covid-19 prevention efforts and reduce the country’s
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03 May 21

Communications Authority suspends and fines Kenyan broadcasters for airing explicit content.

The Communication Authority (CA) of Kenya has suspended Mt. Kenya TV station for four weeks. The vernacular television station faced public outrage for airing sexually explicit content during a kid’s show called “mucci wa ciana” (Home for the children). In
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03 May 21

Covid-19 Lockdowns Escalate Police brutality in East Africa

At least 30 Kenyans have died due to injuries sustained from police beatings between March 2020 and June this year. Ugandan law enforcement agencies are also using excessive force to police its citizens after a heavily disputed election. While the
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22 April 21

Tax hikes and rising fuel prices bite East Africans as Covid-19 lockdown persists

As the corona virus pandemic continues to ravage the world economy, East Africans are set to tread murky financial waters. Kenyans have been dealt with cumulative taxation in the past few years. Furthermore, a crippling debt pile and fuel prices
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16 December 20

Despite low numbers of Coronavirus deaths in Kenya, cynical business moves leave millions of citizens without work

The latest figures from the World Bank show that Kenya’s unemployment rate has doubled between April and October, reaching 10.4% as the country’s economic fragility is exacerbated by the Coronavirus pandemic. At just over 1,500 Covid-19 related deaths, Kenya has
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