Central Bank of Kenya cuts policy rate for the fifth time to stimulate private sector lending

Central Bank of Kenya cuts policy rate for the fifth time to stimulate private sector lending

Kenya’s annual inflation stood at 3.6 per cent in March, slightly up from 3.5 per cent a month earlier but still well within the 2.5 per cent to 7.5 per cent target range.

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South African citrus farmers fear Trump tariffs will erase 35,000 jobs, wobble entire towns

South African citrus farmers fear Trump tariffs will erase 35,000 jobs, wobble entire towns

The group said the tariffs were due to come into effect the same week the first citrus fruit of the South African season was being packed to be exported to the US It said it was urgently calling on the South African government to prioritize negotiations with the US on tariff reductions or exemptions on citrus.

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Kenya’s controversial affordable housing project is already having impact on ordinary people’s lives -team leader

Kenya’s controversial affordable housing project is already having impact on ordinary people’s lives -team leader

The 220 housing units Bahati Affordable Housing Project consists of 60 studio units, 20 one-bedroom units, 120 two-bedroom units and 20 three-bedroom units. The project was launched by President William Ruto in Bahati constituency on August 22, 2023.

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Ex-French President Sarkozy’s trial sheds light on Paris’s back-channel talks with Libya’s Gadaffi

Ex-French President Sarkozy’s trial sheds light on Paris’s back-channel talks with Libya’s Gadaffi

Britain, France and other Western countries sought to restore a relationship with Libya for security, diplomatic and business purposes. In 2007, Sarkozy welcomed Gadaffi to Paris with honours for a five-day official visit, allowing him to set up a Bedouin tent near the Elysee presidential palace. Many French people still remember that gesture, feeling Sarkozy went too far to please a dictator.

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Doomed to live in penury due to disability and stabbed with knife by sister, poor Maasai mom defies the odds to fend for her children

Doomed to live in penury due to disability and stabbed with knife by sister, poor Maasai mom defies the odds to fend for her children

Nevertheless, everything did not move as smoothly as she had hoped. The worst happened when Pisoi lost her father who was the pillar of their family when she was a teenager. The big loss forced the family into struggling for basic needs like housing, food and clothing.

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State chorus: As Kenya’s interior minister vows to ‘leave no stone unturned’ criminal gangs terrorise nation

State chorus: As Kenya’s interior minister vows to ‘leave no stone unturned’ criminal gangs terrorise nation

The machete-wielding gangs have unleashed terror in the various sub-counties in Kwale, with Msambweni and Matuga being among the most affected. He said already the intensified police operations conducted over several days have led to arrests, the recovery of crude weapons and the neutralization of several notorious criminal elements.

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Kenya resumes alcohol levels testing on highways as IRAP reveals the country loses $3.5 billion every year through road carnage

Kenya resumes alcohol levels testing on highways as IRAP reveals the country loses $3.5 billion every year through road carnage

The programme was intended to provide feedback on progress made on the Northern Corridor since the last IRAP survey in 2009 and provide critical and current insight into the safety of all road users, particularly vulnerable pedestrians and motorcyclists. The Safer Road Investment Plans will be developed to prioritise evidence-based safety improvements and inform road authority projects.

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Save the Children warns Haiti humanitarian crisis worsening as violence escalates

Save the Children warns Haiti humanitarian crisis worsening as violence escalates

On Thursday, Fritz Alphonse Jean, the current head of the transition council, announced that the council was teaming up to tackle gangs with members of an armed paramilitary group who once tried to overthrow the government, in a sign of authorities’ increasing desperation to bring violence under control.

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Kenya hopes smaller Trump tariff blow vis-à-vis rivals will give it an edge in nascent global trade war

Kenya hopes smaller Trump tariff blow vis-à-vis rivals will give it an edge in nascent global trade war

Imports from the East African nation, which sent goods worth $737 million to the United States last year, will be charged the minimum 10 per cent compared with 46 per cent for Vietnam, 44 per cent for Sri Lanka and 37 per cent for Bangladesh.

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