Joe Biden Announces $1 Billion In Aid To Combat Africa’s Food Insecurity Crisis
The funding includes nearly $823 million allocated through USAID, with over $202 million sourced from the U.S. Department of Agriculture’s…
Category: Latest News
Central Bank Of Kenya Welcomes New Faces To The Monetary Policy Committee (MPC)
Four new members have been appointed to the Central Bank of Kenya (CBK) Monetary Policy Committee (MPC), the body responsible…
President Ruto Signs Division of Revenue Act: Counties Secure Ksh 387B Amid Fierce Parliamentary Clash
The protracted debate over the Division of Revenue Bill highlighted sharp differences between the National Assembly and the Senate. While…
Attorney General Under Fire For Failing To Gazette Devolved Functions Amidst Unfulfilled Promises
The delay has left counties struggling to implement critical services. Despite the constitutional requirement for the national government to transfer…
The Capital Markets Authority Clears Amsons Group to Acquire Bamburi Cement for Ksh 23.59 Billion
The Capital Markets Authority (CMA) emphasized that Amsons’ offer remains the only valid one, approved without changes. Shareholders who had…
Explosive Claims: President Ruto’s Name Dragged Into Shocking Land Dispute In Nairobi
The explosive claims come after a dramatic incident on November 27, 2024, when Wacira allegedly arrived at the disputed land,…
Listed Banks Report Mixed Results with Loan Contractions, Government Securities Uptick, and Profit Surges
Banks demonstrated a notable shift toward government securities during the period. Six of the nine listed lenders increased their holdings,…
Auditor General Flags Kenya Power’s Sustainability Amid Operational And Financial Challenges
Kenya Power recorded a negative working capital of Ksh 27.4 billion, marking a marginal improvement from the Ksh 51.2 billion…
Kenya County Government Workers Union Protests Nairobi Payroll Purge Over Biometric Registration
The Kenya County Government Workers Union has strongly condemned the Nairobi County Government’s decision to remove employees from the payroll…
Government Seeks New Investor for JKIA Expansion After Scrapping Adani Deal
“Where we are as a country, we have a very thin and tight fiscal space. Modernization is crucial, but we…