Kenya

Parliament on Tuesday approved the controversial Finance Bill 2024, backing recommendations to withdraw some taxes, including taxes on bread, airtime and cars, which were part of a package of reforms Kenya agreed to implement in a deal…

Police fired tear gas to disperse demonstrators in the capital, Nairobi, on Tuesday, as a nationwide demonstration against proposed tax increases began. Organizers also called for a general strike against the finance bill, which aims to…

Kenya settled the balance of $560 million (Sh72 billion) of 2014 Eurobonds using part of the proceeds from a $1.2 billion World Bank loan, the Central Bank of Kenya said. The debt, which was due on June 14, was settled on Friday, along…

Chris Githiga moved to Nigeria for work and almost never returned. It was very addictive; The loud people, the constant buzz of commerce (and generator sets), and the unrelenting hope. Ipsos Nigeria was on its knees when he was sent to…

Kenya Airways has quietly extended CEO Allan Kilavuka's term by three years until April 2026, the national carrier's chairman Michael Joseph confirmed on Friday. Mr Kilavuka was first appointed as CEO of KQ Group in April…

Kenya Airways will receive Sh1 billion financial support from the Treasury for the financial year starting July if lawmakers approve the recommendations of the National Assembly Select Committee on Budget and Appropriations. The Ndinde…

Former intelligence chief, retired Major General Michael Gichanji, has exited the board of Kenya Airways after six years and eight months. He was a non-executive director and Chairman of the Board's Strategy and Business…

Kenya has cut its planned borrowing from the International Monetary Fund by 7.2 percent to 465.4 billion shillings ($3.6 billion) after a partial repayment of its first eurobond spooked global investors. This comes weeks after the size…

Kenya will use part of the recently obtained Sh156.8 billion loan from the World Bank to clear the outstanding balance of Sh65.3 billion ($500 million) from its first Eurobond maturing on June 24. The final sovereign bond payment for…

Binaifer Nworoji, the first woman from the Global South to head the Open Society Foundations, grew up in Nairobi while her father navigated the currents of the legal profession and politics of the time, and captured memories that will…