Kenya will pay back part of the $2 billion (Sh303 billion) Eurobond next month as it moves to calm a global financial market that has been jittery over the country’s ability to meet its obligations next June.
President William Ruto delivered his first State of the Nation address before both Houses of Parliament in a speech that was supposed to offer hope to a tired nation that is reeling under heavy taxation and a battered economy.
Telecommunications giant Safaricom announced a 10.9% net income growth to Ksh.41.6 billion in the last six months to September 30, 2023. In a report on Thursday, the telco stated that its operations in Ethiopia had also recorded a positive net income growth of 2.1% to Ksh.34.2 billion. The strong performance, Safaricom said, is attributed to the introduction of more customer-friendly products like youth-specific products, Safaricom Hook and the rolling out of accelerated 5G.
Tensions within ODM have escalated to a boiling point ahead of Friday’s National Delegates Convention, with multiple court cases challenging key leadership decisions and casting the party into uncer...
Safaricom and Vodacom have jointly introduced a tap-to-pay feature for M-Pesa in Tanzania, signifying a major shift in the development of mobile money transfers from peer-to...
Resistance is mounting against the National Transport and Safety Authority’s (NTSA) new Instant Traffic Fines system, which automatically penalises motorists captured on CCTV for violations such as ...
