Kenya’s Central Bank Cuts Interest Rate Amid Easing Inflation
By Judy Maina NAIROBI — In a significant move Tuesday, Kenya’s central bank trimmed its main interest rate for the first time in four years,...
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Bank of Uganda Cuts Key Rate Amid Shilling Recovery
KAMPALA — The Bank of Uganda reduced its key lending rate by 25 basis points to 10.00% on Wednesday, citing a rebound in the shilling...
Kenya Shilling Emerges as Strong Performer Amidst Regional Currency Weakness
By Judy Maina NAIROBI—In a remarkable turn of events, the Kenya Shilling has maintained its position as the best-performing currency in the region over the...
Facebook Expands Revenue Options for Kenyan Content Creators
NAIROBI — In a significant move for the digital economy, Meta, the parent company of Facebook, has introduced new monetization features enabling content creators in...
South Sudan Minister Warns Against ‘Forceful’ Regime Change
JUBA — In a stern address, South Sudan’s Minister of Presidential Affairs, Joseph Bangasi Bakosoro, cautioned against the perils of forceful regime changes, highlighting the...
Many Congolese Police Officers Flee to Uganda Amid Escalating Fighting
KAMPALA — Nearly 100 police officers from the Democratic Republic of Congo fled to neighboring Uganda over the weekend as fighting between M23 rebels and...
Hundreds March in Mogadishu to Protest Deadly Beach Attack
MOGADISHU – Hundreds of Mogadishu residents took to the streets on Monday to protest against a deadly attack by Islamist group Al-Shabaab on a popular...
Kenya’s Private Sector Activity Plummets Amid Protests
By Judy Maina NAIROBI — Private sector activity in Kenya took a significant hit in July, as ongoing public protests against the government eroded economic...
Kenya’s Debt Remains Sustainable Amid Strong Export Growth, Central Bank Reports
By Judy Maina NAIROBI – Kenya’s debt remains sustainable in the medium to long term, bolstered by sustained policy actions and anticipated robust export growth,...
Kenyan Labour Cabinet Secretary Nominee Denies Ties to Fraudulent Recruitment Agency Owner
By Judy Maina NAIROBI — Alfred Mutua, Labour Cabinet Secretary nominee, clarified his relationship with Judy Jepchirchir, a recruitment agency owner accused of fraud. Jepchirchir...
