African Development Bank withdraws from Nairobi’s Kibera renewable energy project.
The African Development Bank (AfDB) has withdrawn its support from the renewable energy project in Nairobi’s Kibera area, citing procurement delays as the primary reason. This development could impact the…
The most opposed finance bill act
One of the most opposed finance-related bills in history is the “Emergency Economic Stabilization Act of 2008”, commonly known as the “TARP” (Troubled Asset Relief Program). This act was passed…
DSTV owners facing severe financial hardship.
MultiChoice, the owner of DStv, is facing severe financial difficulties. The company has reported a substantial loss of R4.1 billion for the year ending March 2024 and is now technically…
Global leader of ISIS Abdulqadir Mumin aka Abdul al-Qadir Mumin reportedly survives U.S. airstrike in Somalia.
Abdulqadir Mumin, also known as Abdul al-Qadir Mumin, is reported to have survived a U.S. airstrike in Somalia. Mumin is a key figure and leader of the Islamic State’s affiliate…
Striker Kevin Campbell died after a short illness.
Kevin Campbell, the former striker renowned for his time at Arsenal and Everton, has passed away at the age of 54 following a brief illness. Campbell, who had been seriously…
Comedian Fred Omondi dies,body taken to Mama Lucy Hospital morgue, family says.
Fred Omondi, a Kenyan comedian and the younger brother of well-known comedian Eric Omondi, has passed away. Reports indicate that Fred Omondi died on June 15, 2024. The cause of…
Businesses owned by politicians to be boycotted by Kenyans on X app.
Kenyans on X (formerly Twitter) are expressing their frustration over punitive taxes by threatening to rally the public to boycott businesses owned by politicians. This movement highlights the growing dissatisfaction…
The most unschooled government appointment by president William Ruto.
Recently, there has been significant criticism regarding government appointments in Kenya, particularly from allies of President William Ruto. Nandi Senator Samson Cherargei has openly criticized some of these appointments, arguing…
The sizes of the East African Community finance budgets for 2024/2025.
For the 2024/2025 financial year, the East African Community (EAC) has set its budget at approximately $104 million. This represents a slight increase from the $103.84 million allocated for the…
Here is the Comparison of Kenya, Uganda and Tanzania’s national budgets.
For the 2023-2024 fiscal year, Kenya, Uganda, and Tanzania have presented their national budgets, reflecting their economic priorities and financial strategie. Kenya: Kenya’s budget for the fiscal year 2023-2024 is…