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Courtroom Setbacks Expose Fragile Fight Against Corruption in Counties
The war on corruption has seen its latest unraveling in court after the High Court overturned the conviction of former Samburu governor Moses Lenolkulal
Rwanda, Tanzania Move Toward Instant Cross-Border Payments
Mismatch in Pen Stock Sinks Doshi Case in KSh 15mn Dispute
A stock mismatch has sunk Mombasa-based distributor Doshi Ironmongers’ bid to recover Sh15 million from Haco Industries and French manufacturer Société BIC
BAT and EABL Hit New Highs in Tuesday Trading as Turnover Crosses KSh 1 Billion
Trading was active on Tuesday with turnover crossing KSh 1B by midday, driven by institutional flows. BAT traded at KSh 452, its highest in two years, while EABL reached KSh 250, the strongest level since 2018 and up about 40% this year. Safaricom led activity with KSh 760M in turnover. NASI was down 0.44% at middayEast Africa’s Trade Jumps 28% as Exports Surge – EAC Bulletin
Financial Regulators Warn of System Risk From Shared Tech Providers
Kenya Pays KSh 93 Bn in Road Arrears Ahead of Planned Bond
The Kenyan government has cleared KShs 93 billion in verified road-sector pending bills using part of a KShs 104 billion syndicated bank loan.
New Safety Index Reveals 94% of Kenyan Ride-hailing Users Consider the Service as Safer than Other Transport Modes
Kenya Introduces 0.2% Standards Levy on Locally Made Goods
The Kenyan government has introduced a 0.2% standards levy on locally manufactured goods.
ABSA, Co-op and I&M Hit New Highs, All Indices drop in Monday’s Trading
ABSA, Co-operative Bank and I&M Group pushed to new highs in Monday’s trading, while Car & General hit a 52-week peak and NBV dropped to a new low.
Africa Re, IFC Push to Insure Millions of Farmers Against Climate Risk
Most of Africa’s farmers are not insured against climate shocks, a gap that threatens livelihoods and food security across the continent.