Tag Archives: Kenya

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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31 May 21

Shortage of vaccine doses threatens Africa’s COVID-19 immunisation program

Panic is spreading in Kenya as coronavirus vaccine doses are running low and many people are unable to get their second jab on schedule. Kenyan health authorities have said that less than two percent of the country’s population of more
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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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20 May 21

Kenyan Schools Reopen Despite Surge in Covid-19 Infections

Schools in Kenya re-open in May allaying fears of the covid-19 Indian variant currently sweeping the country. As 15 million students flock back to classrooms, parents are wary and concerned at the same time. Overcrowding and underfunding make it difficult
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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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07 May 21

Somalia restores ties with Kenya after six months

Somalia says it is restoring diplomatic relations with Kenya, six months after the country severed ties with its neighbour, accusing Kenya of meddling in elections taking place in Jubbaland.

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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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09 April 21

Kenya: Citizens urge IMF to cancel $2.34 billion loan

Citizens in Kenya are calling upon the International Monetary Fund (IMF) to cancel a $2.34 billion loan approved for the country.

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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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