Any Successful African Energy Policy Must Centre on Oil and Gas
Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly. I believe [...]
President Ruto Cancels All Adani Deals
President William Ruto on Thursday ordered the Ministry of Transport and Energy to cancel all the contracts awarded to the Indian conglomerate Adani Group, bringing to a temporary halt the [...]
Regulator Directs Kenyan Telcos to Block Telegram Again
The Communications Authority of Kenya (CA) has directed telecommunications companies to use all available mechanisms to suspend the operation of Telegram in Kenya to curb exam cheating. In a letter [...]
Donald Trump Wins 2024 US Elections as Republicans Win Senate Majority
Former President and Republican candidate Donald J Trump has won the presidential elections, beating Vice President Kamala Harris and staging a historic comeback after losing the controversial 2020 elections. This [...]Kenya’s Stock Market Outperforms African Peers in Dollar Returns
The Nairobi Securities Exchange (NSE) registered the highest returns among African bourses in dollar terms buoyed by a stronger shilling and higher blue chip stock prices. In Kenya, the MSCI [...]Nairobi Securities Exchange Gains KSh 420bn in Investor Wealth in 2024
Investors at the Nairobi Securities Exchange (NSE) were KSh 419.5 billion richer in the 10 months to October 2024 amid renewed market confidence, especially from domestic investors, as the market [...]JP Morgan CEO Jamie Dimon Meets President Ruto in Nairobi
President William Ruto met JP Morgan CEO Jamie Dimon at State House Nairobi, who had visited Kenya as part of his African tour, on Thursday. “Kenya has tremendous appeal as [...]KRA to Enforce Tax Compliance by Mobile Phone Importers, Retailers
The Kenya Revenue Authority (KRA), in collaboration with the Communications Authority of Kenya (CA), will track all imported or locally assembled mobile phones from the 1st January 2025 to ensure [...]Fintechs Raise 57% of Startup Funding in Q3 as Investment Recovers
African startups raised more than US$600 million in the period between July and September, outpacing the last two quarters of the year according to a study by Africa: The [...]Zanzibar Develops Blockchain Sandbox to Support Tech Startups
The government of Zanzibar has created a blockchain sandbox program where innovative startups can experiment before upscaling. “The primary objective is to create a conducive environment for the development of [...]Standard Chartered Connects Kenyan Investors to Foreign Currency Investment Options
Standard Chartered, a multinational leader in the financial sector, has expanded its footprint in asset management in Kenya, cementing its impact on wealth management solutions. The diverse foreign currency products [...]Starlink Kenya Subscribers Grow Nearly 2000% in a Year
Satellite data subscription grew by 1,955.3% after the licensing and launch of Starlink Internet Services Kenya in July 2023, a new report by the Communications Authority (CA) shows. Unlike traditional [...]
