AU mission hands over military base to Somalia forces
Published: October 17, 2024 16:39
Atmis has so far transferred six military bases to Somali security forces and reduced the number of troops by 2,000 as part of the phase three drawdown.
🦜 The East African
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The East African
Site URL: www.theeastafrican.co.ke/tea
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Ruto urges banks to join pan-African payment system
Published: October 17, 2024 09:59
The PAPSS was launched in 2019 by the AfCFTA to create a single market, liberalise African markets and boost intra-African trade.
Why fuel tanker explosions are perennial tragedy in Nigeria
Published: October 16, 2024 19:54
Nigeria is mourning at least 147 people killed in an oil tanker fire while scooping fuel from it on Tuesday.
Relics of Uganda martyrs’ heroism
https://www.theeastafrican.co.ke/tea/magazine/relics-of-uganda-martyrs-heroism-4795730
Published: October 16, 2024 14:10
The historic six-week exhibition is commemorating the 60th anniversary of the Uganda Martyrs’ canonisation.
Wildlife traffickers’ new routes
https://www.theeastafrican.co.ke/tea/sustainability/wildlife-traffickers-new-routes-4795600
Published: October 16, 2024 12:35
Kenya has made its ports and airports a no-go area for traffickers thanks to tougher laws, sniffer dogs and joint training.
Uganda’s mpox cases surpass 100
Published: October 16, 2024 10:54
A total of 314 contacts are being monitored by emergency teams and health workers in the affected areas.
Kenya’s Treasury aims to end banks’ dominance of bond market
Published: October 16, 2024 10:22
T-bonds constitute 84.33 percent of the government debt, followed by T-bills at 12.81 percent.
Ethiopian banks to disclose forex fees, commissions
Published: October 15, 2024 15:55
The central bank started implementing a flexible exchange rate regime policy backed by the International Monetary Fund at the end of July.
Central Corridor extends south as Zambia joins
Published: October 15, 2024 10:58
The pact will allow Lusaka to formally integrate its transport infrastructure with the corridor.
Nyamulagira volcano in DRC erupts again
Published: October 15, 2024 10:04
The Nyamulagira volcano is considered one of the most active volcanoes in Africa.
How the Congo drives business for 25-year-old trucker
Published: October 14, 2024 17:20
While Abdalla Ahmed Mahmud serves Dar es Salaam and its environs, his business rests on the foundation of serving the volatile east of the DRC.
Kenya reports first mpox death, cases rise to 13
Published: October 14, 2024 15:14
Public Health Principal Secretary Mary Muthoni says the number of confirmed cases in the country now stands at 13.
Kenya’s CJ names judges to handle DP Gachagua petitions
Published: October 14, 2024 13:44
Justices Eric Ogolla, Antony Mrima and Frida Mugambi to handle the matter.
First cases of mpox put Zimbabwe on high alert
Published: October 14, 2024 11:26
Health minister Douglas Mombeshora said both patients were recovering well and the authorities had initiated contact tracing.
Credit doubles after lift of permit freeze in mining
Published: October 12, 2024 08:53
The lifting of the freeze allowed at least 400 new companies to venture into different activities within the mining industry.
Kenya eyes mega IMF loan disbursement by December
Published: October 12, 2024 08:07
Kenya and the IMF agreed on the seventh review of the $3.6 billion (KSh464.59billion) programme in early June.
Air operators join opposition of JKIA-Adani lease deal
Published: October 12, 2024 07:32
Kenya Airports Authority (KAA) secretly cleared AAHL to take over JKIA, before a court order slammed the brakes on the plan.
Kenya eyes new market opportunities as South Sudan hosts business meet
Published: October 12, 2024 06:47
It presents a virgin market for MSME products, driven by its growing demand for essential goods and services.
Dar reaps big from China-US jostle for minerals in DRC, Southern Africa
Published: October 12, 2024 05:43
The Tazara project was discussed with President Xi during President Samia's visits to China in 2022 and 2024.
Zimbabweans wary of bid to register political parties
Published: October 11, 2024 16:56
Several opposition leaders and civil society activists have been jailed in recent years for dissent.
South Sudan in bid to create Hybrid Court – again
Published: October 11, 2024 15:54
Over 400,000 South Sudanese have died in the conflict since 2013, with 1.5 million displaced and 2.2 million refugees.
DRC protests US labelling on child labour in mines
Published: October 11, 2024 12:35
The Democratic Republic of Congo is the world's largest cobalt producer, with 70 percent of global reserves.
Tough job for team reviewing Tanzania’s tax regime
Published: October 11, 2024 12:08
The overall aim is to strike a balance between the interests of taxpayers and tax collectors in compliance with existing laws.
Climate change hurting tea production in East Africa
Published: October 11, 2024 10:16
As a result of unpredictable weather, countries have had inconsistent yields, with dropping figures at the Mombasa Tea Auction.
Tanzania joins IMF-World Bank climate scheme
Published: October 11, 2024 09:48
Areas of focus will include climate-resilient public finance, energy, water, social protection, and climate risks in the financial sector.
EA central banks cut rates on better inflation, forex prospects
Published: October 10, 2024 14:10
Kenya’s overall inflation declined to 3.6 percent in September 2024 from 4.4 percent in August.
Kenyan insurers plan own customs bond verification platform after Kenswitch fallout
Published: October 10, 2024 11:50
Kenswitch says it had been absorbing the costs to the tune of Ksh2 million ($15,465) per month.
Kenya’s Treasury mulls currency swaps, bond switch to ease debt burden
https://www.theeastafrican.co.ke/tea/business-tech/kenya-s-treasury-mulls-currency-swaps-4790434
Published: October 10, 2024 11:09
A foreign exchange swap is a financial transaction where two parties exchange currencies and repay them at a future date with interest.
Civil society groups oppose Kenya’s UNHRC seat bid
Published: October 9, 2024 18:14
On September 27, Kenya officially submitted its application for a seat in a vote set for late Wednesday, Nairobi time, in New York.