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.
The National Development Implementation Committee (NDIC) held its second 2025 meeting to review Kenya’s economic outlook, noting improved indicators, including lower ...
President William Ruto recently announced that Kenya Power would implement electricity rationing following a drop in supply and rising reliance on imports from Ethiopia...
Human rights activists in Kenya have praised the ongoing anti-government protests, claiming that Tanzania is currently experiencing a democratic re-awakening. However, ...
On Wednesday, Nyeri County Governor Mutahi Kahiga resigned with immediate effect from his position as Vice-Chair of the Council of Governors (CoG) following comments on...
