Emerging Strength: East African Service Sector Boosting Economic Growth
The service sector in East African countries is proving to be a robust contributor to the region's economic growth, potentially...
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Kenya’s Banking Sector Defies Turbulence, Sets Record Tax Contribution to Government
Despite facing a challenging economic environment in 2022, which included increased inflation, prolonged drought, currency depreciation, geopolitical pressure, and election...
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Kenya’s Buyback Plan for 10-Year Eurobond May Face Setback Amidst Rising Yields
Kenya's ambitious plan to buy back a portion of its 10-year Eurobond worth United States Dollar (USD) 2.0 million that...
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HF Group appoints Mr. Tom Gitogo as a Non-Executive Director
HF Group plc has announced the appointment of Mr. Tom Gitogo as a Non-Executive Director effective 1st August 2023. This...
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Environment and Land Court Suspends Ruto’s Order on Logging Ban
In a recent turn of events, the Environment and Land Court has taken a decisive step in conserving the country's...
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Kenya Tea Exports Surge in May 2023, Recording an Eight-Year High
In May, Kenya's tea export market experienced a remarkable surge, with the average price per tonne reaching Kshs 335,407 (USD...
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Centum Investment Company Reduced Liability and Secured a Guarantee in its Coca-Cola Bottling Business Sale
Centum Investment Company experienced a further Kes 1.14 billion reduction in potential liability from the sale of its Coca-Cola bottling...
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Will the Government Back Date Taxes?
With Kenya Revenue Authority (KRA) updating its iTax portal to be in tandem with the Finance Act 2023, the main...
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Fitch Rating Agency downgraded USA Credit Rating
In a recent development that has captured the attention of global financial markets, Fitch Rating Agency, one of the "Big...
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East Africa Predicted to Lead Continent’s Economic Growth in 2023-2024, Despite Risks
According to the recently released African Development Bank 2023 East Africa Economic Outlook, East Africa is set to achieve the...
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