U.S Cuts $130Million in Foreign Aid to Ethiopia over Disputes on the Nile dam Project
Earlier this week, U.S. Secretary of State Mike Pompeo approved the Trump administration plans to withdraw some foreign aid to Ethiopia as the United States mediates tension over the Grand [...]
Government Conducts Forensic Audit as Tullow Resumes Turkana Oil Operations
Tullow Oil will resume its operations in Turkana after the company issued a notice lifting its earlier force majeure. Tullow Oil partner, Africa Oil Corp announced that the company would [...]Huduma Centre GPO Reopens with Appointment System
Huduma Centre GPO Nairobi is set to reopen on Monday, 17th August 2020, albeit with the introduction of a service appointment only system. The system seeks to minimize the traffic [...]Unemployment Rate in Nigeria Hits 27.1% in Q2 2020
The Nigeria Bureau of Statistics (NBS) revealed on Friday that 21.7 million Nigerians were unemployed in the second quarter of 2020, translating to 27.1% unemployment rate. The last unemployment data [...]
Rwanda Replaces Single Nation Passports with EAC E-Passports
Rwanda immigration department has announced that it will phase out all single-nation passports issued before June 2021. The Director-General says the passports will be replaced by the Rwanda East African [...]KRA Commissioner General James Mburu's Term Extended to 5 Years
Treasury Cabinet Secretary Ukur Yattani has extended the term of KRA Commissioner James Mburu by an additional two years. Mburu will now serve at KRA's helm for five years, after [...]Low-Income Kenyans to Get Mortgages at 7% from September
The Kenya Mortgage Refinance Company (KMRC) has announced plans to enable Kenyans earning KSh150,000 and below per month to start getting house loans from local banks and SACCOs at an [...]KRA Invites Comments On 1.5% Digital Tax
The Kenya Revenue Authority (KRA) is inviting members of the public to comment on the 1.5% Digital Tax. The public has until August 24 to submit their comments to the [...]President Kenyatta Establishes the Kenya Transport And Logistics Network
President Uhuru Kenyatta on Friday issued an executive order establishing the Kenya Transport and Logistics Network (KTLN). KTLN will be tasked with managing, coordinating, and integrating operations of public ports, [...]Petco Calls for Extended Producer Responsibility Policy to Manage Plastic Waste
PET Recycling Company (Petco) is calling for policy push to drive Extended Producer Responsibility, which would hold manufacturers accountable for their plastic waste. Speaking in a webinar, Country Manager Joyce [...]Interview; Unpacking the US-Kenya Free Trade Agreement
Following the ongoing negotiations trade negotiations between the United States and Kenya, The Kenyan Wallstreet interviewed American Chambers of Commerce (AMCHAM) Kenya CEO Maxwell Okello on what this historic Free [...]
Independent Review Clears AfDB President Akinwumi Adesina
An independent panel has cleared African Development Bank (AfDB) President Akinwumi Adesina of allegations of favouritism and nepotism. A report by the committee concurs with findings on the bank's ethics [...]
