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.
🦜 The East African
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The East African
Site URL: www.theeastafrican.co.ke/tea
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Posts: 30
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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.
US President Biden postpones maiden trip to Africa
Published: October 9, 2024 10:05
Hurricane Helene has killed over 200 people in the US over the past ten days.
CBK cuts interest rate by record margin since Covid-19
Published: October 8, 2024 17:49
Lower benchmark rate signals relief for borrowers saddled with costly loans and reverses a slowdown in demand for credit.
Bank of Uganda cuts key lending rate again
Published: October 8, 2024 17:49
The central bank expects cost of lending go down.
Firms no longer get singers’ IP for a song; they splash the cash
Published: October 8, 2024 15:27
In 1985, Golden Sounds, a band primarily of Cameroon’s Presidential Guard, released an album whose title track, Zangalewa, was based on a parade song popular within the army. Zangalewa became an international hit, transforming the composers, Emile Kojidy…
One mpox case found in Uganda prison
Published: October 8, 2024 10:55
An outbreak of the disease at one of Uganda's overcrowded prisons could become a major concern for health authorities.
NMG’s Joe Ageyo: People must be at the heart of climate change talks
Published: October 7, 2024 18:47
The tipping culture of Nairobi’s restaurant scene
Published: October 7, 2024 18:47
Kenya’s DP Gachagua: I have no intention to resign, I’ll fight to the end
Published: October 7, 2024 18:47
Uganda 2024 census report withdrawn over ethnic data errors
Published: October 7, 2024 18:47
Tanzania leading the way in climate resilience and sustainable farming
https://www.theeastafrican.co.ke/tea/partner-content/tanzania-s-agricultural-transformation-4788136
Published: October 7, 2024 18:07
Tanzania is becoming a leader in building climate resilience, enhancing food security, and promoting sustainable agriculture.
Ethiopia’s President Sahle-Work Zewde resigns
Published: October 7, 2024 17:07
Sahle-Work Zewdie's legacy as Ethiopia's first female President is one of both inspiration and complexity.
Somalia mission sponsors differ on Egypt's entry
Published: October 5, 2024 11:25
Cairo's arming of Somalia and Ethiopia's freezing out of the security arrangement have caused unease among Mogadishu's supporters.
Cargo airlines leave Kenya fresh produce exporters stranded
Published: October 5, 2024 09:51
Carriers exit JKIA for ‘better pay’ in other markets ahead of the festive season and lack of a binding agreement.
Why President Ruto is walking a tight rope on Gachagua ouster bid
Published: October 5, 2024 07:41
Failing to oust his deputy would weaken Kenya’s president’s political hand.
Sudan strife headed Libyan way, security experts warn on elusive search for peace
https://www.theeastafrican.co.ke/tea/rest-of-africa/sudan-strife-headed-libyan-way-4786684
Published: October 5, 2024 07:15
When the conflict began, RSF targeted the Massalit, an African tribe in West Darfur, committing war crimes and genocide.
Ethiopia central bank releases $175m to forestall forex crisis
Published: October 5, 2024 06:00
Foreign currency crisis is linked to fuel-related payments falling due in the coming months.