MAJOR shareholders at the IMF are encouraging Kenya to request an official assessment of its corruption and governance issues to unlock $600 million in stalled funding, according to two diplomatic sources. The delay in disbursement is due to the shelving of proposed tax hikes earlier this year amid public protests. …
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Kenya has launched a new strategic plan aimed at reducing the costs of remittances sent by its diaspora while boosting the volume of money sent back home. The three-year plan, unveiled in Nairobi on Monday, seeks to enhance the financial contributions of Kenyans abroad to the national economy. Prime …
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KENYA’S finance ministry is seeking public input on new legislation to boost revenue after a controversial finance law was scrapped due to widespread protests, Finance Minister John Mbadi announced on Monday. The move follows President William Ruto’s decision to discard tax hikes worth over KSh346bn ($2.7bn) in June, which led to public …
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CONSTRUCTION has officially begun on East Africa’s first state-of-the-art liquid oxygen manufacturing plant at the Tatu Industrial Park within the Tatu City Special Economic Zone in Kenya. The groundbreaking ceremony, held on Friday, was attended by notable figures, including US Ambassador Meg Whitman and Finland’s Ambassador Pirkka Tapiola. This cutting-edge …
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A 95-year-old Kenyan man on Sunday wedded his 90-year-old long-time sweetheart, six decades after they first met. Ibrahim Mbogo was said to have walked down the aisle with Tabitha Wangui, his heartthrob, at a white wedding in a church on Sunday. Mbogo said outside the church in Mukurweini, a town …
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KENYA has issued a travel advisory for its citizens planning to visit the United Kingdom, urging them to exercise caution due to ongoing anti-immigrant riots spreading across England. The Kenyan High Commission in London is actively monitoring the situation and has advised Kenyan nationals to follow the guidance of …
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THE Kenyan High Court on Wednesday mandated the government to pay $3.4 million in compensation to the families of the 148 victims of the 2015 Garissa University terror attack, which predominantly claimed the lives of students. The court concluded that the state failed to protect the students from the al-Shabaab-led …
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IN a significant move against corruption, Kenya’s former head of the state-owned trading company was charged in court on Tuesday for abuse of office and other offences related to a 2022 edible oil import scheme valued at over $120 million. Pamela Mutua, the former managing director of the Kenya National …
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KENYAN police on Thursday banned anti-government protests in the central business district and its environs in Nairobi, the capital of Kenya, citing safety concerns. According to the police, more than 50 people have been killed, dozens of others injured and property destroyed since anti-government protests over tax hikes began across …
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Kenyan President William Ruto has directed security agencies to expedite their investigation into the recent discovery of nine mutilated bodies in a Nairobi dumpsite. Speaking in Elgeyo-Marakwet County on Saturday, Ruto assured the public that those responsible would be held accountable and emphasised the importance of maintaining peace and lawful conduct. …
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