Central Bank of Kenya to use part of World Bank loan to make $500 million bond payment
Kenya’s economy is estimated to have grown 5.8 per cent in the first quarter of this year after 2023 growth of 5.6 per cent.
Central Bank of Kenya retains base lending rate at 13 per cent on strength of stable inflation
The Kenyan shilling has stabilised against the dollar after the government successfully raised $1.5 billion from international markets in February to partially buy back another bond that is maturing in June.
Divine quest: Kenya’s President Ruto, wife Rachel turn to evangelical pastors to intercede in Haiti mission
Not everyone is convinced by the Kenyan pastors’ strategy. Evangelicals themselves have a complex history in Haiti, where they have poured resources into humanitarian projects but also faced criticism for ethical scandals, including alleged child trafficking by some missionaries after a devastating 2010 earthquake, and for preaching intolerance of local spiritual practices.
Mass murder: Vaccinated coronavirus patients died at twice the rate of the unvaccinated – study
A review article published in the journal Vaccine in January discussed the potential role of IgG4 antibodies in the non-specific effects (NSEs) of vaccines. The authors noted that people who received two or more Covid-19 mRNA vaccines were reported to have unusually elevated concentrations of IgG4 antibodies.
Kenya, backed by EU, agrees to help Seychelles prosecute piracy suspects in Indian Ocean
On May 14, six suspected pirates were handed over to the Seychelles authorities for trial by Operation Atalanta, after being involved in an attack on the Marshall Islands-flagged Merchant Vessel Chrystal Arctic on 10 May.
World Bank approves $1.2 billion budget support for Kenya to help create competitive labour market
The funding had been agreed amid an improved macroeconomic environment following government efforts to address liquidity pressures
Government crime statistics for 2023 show gun violence rose by 20 per cent in Kenya
The latest figures from the Small Arms Survey, which tracks global weapons trends, suggest there are some 750,000 firearms in civilian hands in Kenya. That is more than the army and police combined.
$668m Nairobi Expressway run by state-owned China Road and Bridge Corp is a snapshot of how China engages with Africa
Daily average use in March was already 57,000 vehicles, exceeding a 2049 target of around 55,000 set by CRBC in a 2019 presentation on the project’s economic viability seen by Reuters.
Walk from freedom: South Africa’s ANC loses favour with voters as it suffers ‘Kanu moment’
When Tell Media caught up with Salat to shed light on such unedifying comparisons. He summed it up as “an abuse of trust by Kanu” that is being replicated all over Africa. According to Salat, Kanu has become a “case study in Africa for betraying the wretched of the earth.”
Presidency: Ruto and Gachagua inflaming ethnic hostilities in Kenya as their regions row over resources
As President William Ruto toured Washington DC with senior officials in the United States, including President Joe Biden, a coterie of officials in the president’s United Democratic Alliance – the main party in the governing Kenya Kwanza Alliance – were busy tearing into each and opening further the fault-lines in the Kenya government.
