Treasury is supposed to retire the debutant Eurobond in June 2024
Category: Economy
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Its now officially KDF-Police jointly vs the Bandits as Ruto okays operations to weed out bandits
On Monday, President Ruto okayed a joint operation between the Kenya Defense Forces and the Police seeking to put a stop to the menace that has afflicted the region since independence.
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President Ruto Signs Major Deals With his South African Counterpart
President William Ruto and Cyril Ramaphosa of South Africa signed bilateral deals in a bid to bolster trade and diplomatic ties between the two nations.
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President Ruto seals Key Deals with Tanzania
President William Ruto sealed a number of deals with his Tanzanian counterpart H.E Samia Suluhu aimed at bolstering a robust co-operation between Kenya and Tanzania. This is after President Ruto visited Tanzania for bilateral talks that culminated to a joint press briefing by the two heads of state in Dar es Salaam. Trade Key among...
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No Oil in the Kenya-Somalia Disputed Area
Seismic surveys in the area claimed by both Somalia and Kenya in the Indian ocean have failed to strike oil deposits in the disputed area. Seismic surveys at Mlima-1 well, which is known as Block L11B in the Lamu Basin, revealed that the wells were dry
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Oil Prices Set to Rise as OPEC Cuts Down on Production
the move could well be “a snub” to the Biden administration, whose unsuccessful diplomatic effort to halt the oil production cut is a signal of its weaning influence over Gulf allies.
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Ruto in Addis Ababa to Launch Safaricom Ethiopia
President William Ruto on Thursday morning flew to the Ethiopian capital Addis Ababa where he was received by Abiy Ahmed, the Prime Minister of Ethiopia. The visit came ahead of Safaricom’s launch of its services into the Ethiopian market, President Ruto and Prime Minister Abiy Ahmed graced the launch of the teleco giant’s commercial services...
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Safaricom Boosts its Presence in Ethiopia
The teleco giant Safaricom has increased its coverage in Ethiopia by expanding its network coverage to now cover the cities of Awoday and Gondar.
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President Ruto to Revamp KRA
President William Ruto in his maiden address to parliament since being sworn in as the fifth president has proposed wide sweeping changes to the tax body, the Kenya Revenue Authority.
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President Ruto Announces a 300 Billion Budget Cut
“To this end, I have instructed the National Treasury to work with ministries to find savings of Sh300 billion in this year's budget. Next year, we will bring it further down so that, by the third year, we have a recurrent budget surplus.”