Safaricom retains position as most valuable brand in Kenya, E. Africa
It is followed by lenders Equity Bank and KCB in the second and third positions respectively.
Ruto, Biden teams open trade talks amid smallholder farmers’ protest
The four-day talks, which kicked off in Nairobi on Monday, follow the round of conceptual discussions held in Washington between February 6 and 10.
Ruto says civil service pay delay caused by Kenya’s debt struggles
This was after opposition MPs last week revealed that public servants were yet to receive their pay for March and called for a probe into the country’s key financial institutions including the Central Bank of Kenya (CBK), the Kenya Revenue Authority (KRA) and the country’s...
IMF: Kenya’s economy to overtake Angola as Ethiopia widens lead
In its latest World Economic Outlook, the IMF says Angola’s gross domestic product (GDP) will shrink during the period, allowing Kenya, whose economy is expected to grow by 5.3 percent, to overtake it, and perch itself at the fourth spot behind Ethiopia.
G7 to discuss digital currency standards, crypto regulation
“The move will be among key themes of G7 discussions that Japan chairs this year, as part of efforts to address challenges the global community face from fast-moving digital technology,” he said.
DR Congo to audit and review ‘unfair’ Chinese mining contracts
Officials, in trying to end years of mistrust with Chinese investors involved, say they want to reach an amicable solution to ensure improved revenue for DRC while protecting Beijing’s businesses. It hasn’t panned out well.
Burundi gets $261m IMF loan to aid in economic recovery
This follows meetings between the IMF team led by Mame Astou Diouf, the Mission Chief for Burundi, who visited Bujumbura in February.
Ruto seeks Rwanda’s VAT collection model to boost revenues
The system has seen Rwanda almost double its value-added tax collections, and Kenya hopes to replicate this success.
AfDB: Ketraco delaying completion of Kenya-Tanzania line
AfDB says Ketraco is yet to pay affected families KSh64.719 million ($486,426) to pave way for the completion of the line on the Kenyan side.
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