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Kenya

Luxury Watches Overtake Classic Cars as Preferred Investment Among Kenya’s Wealthy

Luxury watches have emerged as the preferred collectible investment...

Kenya’s Emmanuel Wanyonyi Shatters 1,000m World Record in Monaco

Kenya’s Emmanuel Wanyonyi delivered a historic performance at the...

Dangote to Finance Proposed Kenya Refinery With Cash, Bonds and Planned IPO

Dangote Group plans to finance its proposed 700,000-barrel-per-day oil...

Safaricom Shareholders to Vote on Vodafone’s Right to Appoint Chief Executive

Shareholders of Safaricom Plc, Kenya’s largest telecommunications company, are...

World Bank Approves $750 Million Budget Support for Kenya

The World Bank has approved $750 million in budget...

Kenya Raises Legal Drinking Age to 21, Restricts Alcohol Sales to Bars Only

The Kenyan government has approved a new national policy that raises the legal drinking age from 18 to 21 and restricts alcohol sales to...

Kenya’s Central Bank Schedules Next Rate Decision Meeting for August 12

The Central Bank of Kenya (CBK) has confirmed that its next Monetary Policy Committee (MPC) meeting will take place on Tuesday, August 12, 2025....

Judy Kihumba: Restoring Voice and Dignity to Deaf Mothers in Kenya

In Kenya, where public health systems often overlook the needs of people living with disabilities, one woman is rewriting the script, one conversation, one...

Kenya’s Economy Expands by 4.9% in Q1 2025

Kenya’s gross domestic product (GDP) expanded by 4.9% in the first quarter of 2025, maintaining the same growth rate recorded during the corresponding period...

Kenya’s Equity Market Rallies 5.2% as Foreign Investor Activity Rebounds

Kenya’s equity market experienced a notable rally during the week ending February 17, 2025, with the Nairobi All Share Index (NASI) climbing 5.2%, driven...

Kenya Moves to Regulate Fintech Lending Under Central Bank Oversight

Kenya is rolling out a comprehensive regulatory framework for digital lenders, as the country aims to bring the rapidly growing fintech credit sector under...

Moniepoint Makes Strategic Play in Kenya with Majority Stake in Sumac Microfinance

Nigerian fintech giant Moniepoint Inc. has secured regulatory clearance to acquire a 78% stake in Sumac Microfinance Bank, marking a decisive entry into Kenya’s...

Kenya Unveils Cautious 2025/26 Budget One Year After Nationwide Protests

Kenya’s government has presented its 2025/26 national budget amid lingering political sensitivities and economic uncertainty, one year after the controversial 2024 Finance Bill sparked...

Kenya Central Bank Cuts Main Lending Rate to 9.75%

Kenya's central bank has cut its benchmark lending rate to 9.75% from 10.00%, marking the sixth consecutive reduction in its monetary policy stance. The...
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