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.
Kenya open for trade and investment, Ruto tells US investors
Kenya is offering robust opportunities for trade and investments to local and global co...
Battle looms in ODM as Raila Odinga’s ‘exit’ whets appetites for top seat
ODM leader Raila Odinga is facing a litmus test as his party gears up for gras...
Kenya opposition leader to bid for AU Chairmanship
Kenyan opposition leader Raila Odinga has embarked on a quest to become the Chairman of the African Union, ...
A meeting held on Monday between President William Ruto and Chief Justice Martha Koome sparked widespread controversy in the country. Parliament Speaker Moses Wetangula...
