Central bank boss says Kenyan currency’s holding steady in wake of US foreign aid freeze
Kenya’s shilling currency is broadly unchanged year-to-date against the dollar.
It closed 2024 up about 21 per cent after a bond buyback eased concerns that the government could default.
US’ suspension humanitarian aid exposes Kenya’s vulnerability as PBOs call for talks between the governments
The PBO’s leadership after a series of consultations in Nairobi pointed out the need for clear communication between the US and Kenyan governments to mitigate the impact of the decision. However, some PBO members acknowledged that Kenya must take responsibility for its own development, viewing the move by the US as a wake-up call.
Glut in wheat production in Kenya’s Narok County exposes farmers to exploitation by middlemen
Wheat farmers in Narok County are crying foul following a lack of market to sell their produce despite a bumper harvest occasioned by the favourable weather condition last year. Led by their chairman Stanley Koonyo, the farmers said over 10 million bags (90 kilogrammes) were in stores since the harvesting...
After decades in the doldrums Nakuru County is bracing for a slice of the pie in Kenya’s booming tourism industry
Among the areas to be revitalised is the Kariandusi Prehistoric Site that is nestled in the heart of Nakuru County, a treasure trove of ancient history that offers a glimpse into the lives of the early Man. This site, known as the “factory of tools,” is renowned for its abundance of Acheulean hand axes, some of the oldest known tools crafted by modern man’s ancestors.
Seven months after public protests over taxes and appetite for borrowing, Kenya’s extravagant regime is in talks with IMF for new loans
The decision by the administration of US President Donald Trump to freeze foreign aid could hit Kenya hard as it lacks the fiscal space to replace the funding, Mbadi said, adding that he hoped the United States would reconsider.
UN Multinational Security Support mission faces crunch as US freezes funding for fighting Haiti’s gangs
The Trump administration has not yet said whether it supports making the MSS a UN mission, and China and Russia have opposed doing so.
Contraband copper impounded in Kenya’s Mombasa seaport as country’s international profile as a conduit of illicit mineral trade grows
The police did not reveal the origin of the copper. However, Kisangani province in southern Congo has been for a long time been synonymous with copper, the same as the Shinyanga region in Tanzania’s north.
Terror threats in neighbouring countries, rise in mining creates need for trained explosives experts in Kenya
Most of the blasting using illegal explosives is done by untrained blasters with little knowledge and sometimes results in tragic outcomes for the blasters and the miners.
Kenya on red alert after minister warns of potential cyber-attack on company registry
The minister assured Kenyans and all other stakeholders that the security and integrity of all government and digital assets is a top priority concern for government.
Eighteen artisanal miners in Kenya rescued from a collapsed goldmine in Kakamega
Kakamega Governor Fernandes Barasa visited the mining site on Tuesday afternoon and assured artisanal miners of the county government’s commitment to ensuring their safety.
