While Kenya’s economy is progressively attractive to African banks, high public debt and non-performing loan volumes scare investors
Nedbank agreed earlier this year to acquire a majority stake in Kenya’s NCBA as part of its regional expansion, beating South African rival Standard Bank, which operates in Kenya as Stanbic, to the prize, Kenyan banking officials said.
Iran’s Islamic Revolutionary Guard Corps navy command warns American bases ‘will experience hell in coming days’
The 14-point interim peace accord was meant to halt the fighting, which the US and Israel started on February 28, and reopen the strait while talks proceeded on issues such as Iran’s nuclear programme.
Indigenous South Africans feel skills gaps as African immigrants leave and calls for peace, social cohesion take centre-stage before June 30 demos
Interviews conducted in townships including Soweto, Alexandra, Tembisa and Diepsloot reveal a different mood on the ground, with many residents arguing that protests often disrupt livelihoods and local commerce while doing little to address underlying challenges.
Pastoralists in four northern Kenya counties land $5m from carbon credit after one-year delay over integrity, transparency issues
In 2024, the county governments of Isiolo and Samburu each received Ksh11 million as levies from conservancies, an increase from Ksh9 million in 2022.
Ugandan President Museveni’s son, army chief shuts down Kenyan-owned major news outlets
The National Association of Broadcasters said in a statement that at least six publishing and broadcasting outlets – all under Nation Media Group – were closed. “We are deeply concerned about this action and its impact on the media ecosystem,” the statement said.
While oil prices have fallen to pre-war levels in Middle East there’s no sign it’ll defuse civil unrest in emerging markets
Iraq has seen the sharpest proportional rise in protest activity among emerging markets over the past year, followed by Turkey, according to Verisk Maplecroft’s civil unrest index, which measures protest size, fatalities and commercial property damage.
Iran-US fragile ceasefire put to test following renewed attacks in strait of Hormuz
UN Secretary-General Antonio Guterres expressed hope that the Strait of Hormuz could return to its status quo ante, said his spokesperson Stephane Dujarric on Friday.
France considers reciprocal measures as it denounces Burkina Faso’s decision to sever ties hostile, baseless
France’s Foreign Ministry spokesman Pascal Confavreux said in a statement that the country regrets the “hostile and unfounded decision, which illustrates the worrying drift of the Burkinabè authorities.”
NEDP suspends its executive director Daniel Mokua, Registrar of Political Parties notified of the action
The suspension comes at a time when the relatively young political party has recently attracted national attention through its party leader, former Nairobi Governor Mike Mbuvi Sonko.
In Rwanda’s King’s Palace Museum, president’s Inyambo cows are entertained with melodious poetry that calls them by their ‘beautiful’ names
Cattle in Rwanda and a number of other African countries signify social and economic importance. The larger the herd and the more unique a breed, the more respected a farmer is.
