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Life Style
CIB Group Roots for Equity Financing in Fight against Climate Change
CIB Group Chairman Hisham Ezz Al-Arab is rooting for a new financing model to help the African continent move away…
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Kenya to Pump US$ 100Mn into AfDB, Afreximbank and Trade Development Bank
Kenya will invest US$ 100 million in the African Development Bank (AfDB), Afreximbank, and Trade Development Bank to enable it…
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World Bank Approves $1.2Bn Loan to Kenya
The World Bank has approved $1.2 bn, which includes $1.15bn in loans and credit and $50mn grant, to help Kenya address…
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Kenya’s Budget Cycle Falls Short on Transparency – Survey
Kenya’s budget making process has failed the transparency test with an international watchdog pointing to insufficient information to the public…
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Kenya Sets Aside KSh 414Mn for Edible Oil Value Chain
The government has set aside KSh 414 million in the 2024/2025 financial year for the edible oils value chain, in…
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Uganda on the Spot over Gold Imports Undeclared as Exports by Source Countries
The bulk of gold imported into Uganda has not been declared for export in the countries of origin, raising red…
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Kenya’s Inflation Rises in May after Consistent Drop Since January
Kenya’s inflation rose in May after a consistent downward trend since January, driven mainly by increases in transport, food, and…
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Bankers Fault Finance Bill 2024, Call for Consistency in Tax Policy
The Kenya Bankers Association (KBA) has faulted the new proposed tax measures in the Finance Bill 2024, arguing that it…
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Share of Renewable Energy in COMESA Up from 1% to 6% in 8 Years
The share of renewable energy in the COMESA region has risen significantly in the last eight years, but thermal power…
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Xplico Insurance’s Statutory Manager Caps Compensation at KShs 250,000 per Claim
The Policyholders Compensation Fund (PCF) has started the process of compensating the clients of Xplico Insurance- which is under statutory…
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