East Africa Community finance minister wary of Gulf war impact on economies as they unveil budgets

East Africa Community finance minister wary of Gulf war impact on economies as they unveil budgets

The region is seen as highly vulnerable to the trade turmoil arising from the conflict given its reliance on fuel and fertiliser imports – concerns which prompted the African Development Bank to cut the region’s growth forecast for this year by half a percentage point.

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Senator Khalwale wants President Ruto and Governor Barasa to come clean on ‘clandestine’ sale of state-owned Kakamega Golf Hotel

Senator Khalwale wants President Ruto and Governor Barasa to come clean on ‘clandestine’ sale of state-owned Kakamega Golf Hotel

Dr Boni Khalwale’s concerns arise from unqualified fears that Kakamega County Governor Fernandez Barasa is a stooge of President Ruto and is his errands-boy in the transfer of public utilities into private hands.

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Cartelism: Homa Bay MCAs want policy to protect rice farmers in Kimira-Oluch Irrigation Scheme

Cartelism: Homa Bay MCAs want policy to protect rice farmers in Kimira-Oluch Irrigation Scheme

According to the MCA, the practice robs local millers, aggregators and other stakeholders of opportunities to benefit from the rice subsector.

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Brazil talks financial freedom as it says US criticism of Pix payment system is driven by business interests

Brazil talks financial freedom as it says US criticism of Pix payment system is driven by business interests

US criticism of Brazil’s instant payment system Pix is driven by economic interests linked to major US technology companies, Brazilian Finance Minister Dario Durigan said on Tuesday. In an interview with news outlet UOL, Durigan said the scrutiny of Pix – a free payment system run by Brazil’s central bank...

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Two MPs from western Kenya move to court after they were conned of Ksh93m in fake land sale

Two MPs from western Kenya move to court after they were conned of Ksh93m in fake land sale

In the first count, he obtained Ksh26 million from Emmanuel Wangwe by falsely pretending to be in a position to sell him land parcel – LR. No.13873/3 – situated in Karen, Nairobi, which was a false promise.

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Chinese President Xi Jinping meets North Korean counterpart Kim Jong Un in Pyongyang to discuss economic ties

Chinese President Xi Jinping meets North Korean counterpart Kim Jong Un in Pyongyang to discuss economic ties

Xi arrived in Pyongyang on Monday for a two-day state visit to the DPRK. Xi noted that after seven years, he is very pleased to once again visit the beautiful city of Pyongyang and feels especially warm and familiar.

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Kenya Power announces plan to migrate fully to digital payment of electricity bills by nest June

Kenya Power announces plan to migrate fully to digital payment of electricity bills by nest June

According to the utility firm, the transition will be implemented in phases, with payment counters in Nyeri, Thika and Kisii set to close by June 30, 2026, followed by Nakuru, Kisumu and Eldoret by December 31, 2026.

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Meeting basic needs: From just a quarter an acre, farmer in Uasin Gishu County shows ‘small is big’

Meeting basic needs: From just a quarter an acre, farmer in Uasin Gishu County shows ‘small is big’

Terer’s advice to youth and other middle-aged farmers is simple: start small. “Don’t wait for a big loan. Even a small plot can feed you if you manage it well. Farming is hard work, but it pays.”

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100 days of war in Middle East show no sign of easing as world economies take the hit, poor countries on the spin

100 days of war in Middle East show no sign of easing as world economies take the hit, poor countries on the spin

Overall commodity prices are projected to increase 16 per cent, driven mainly by energy, fertiliser and some metals. John Roper, chief executive for the Middle East at German energy company Uniper, said the strait’s closure and damage to facilities took most of the gas supply growth between 2025 and 2026 off the market, warning that the pain from the supply shortfall could last at least until 2030.

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Truth about Ebola centres in Kakamega: Rich scent of gold and coltan is egging US to set up shop in Kenya

Truth about Ebola centres in Kakamega: Rich scent of gold and coltan is egging US to set up shop in Kenya

The quarantine facilities are a red herring. Americans are setting up ‘gestation camps’ for resource exploitation in Kenya.

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