Kenyan government unveils next year’s budget
Kenyan Treasury cabinet secretary Henry Rotich has unveiled the 2018/2019 budget in Parliament, local media reported. The expenditure will help finance President Uhuru Kenyatta’s so-called […]
Kenya
Kenya proposes new corporate tax rate, highest in East Africa
Kenya’s treasury has proposed a 35 percent corporate tax for companies on annual income of more than $4.9 million, the highest corporate income tax rate […]
Single African Air Transport Market agreement signed by 26 countries
Twenty-six African countries out of the 55 members of the African Union have committed to the establishment of the concept of a Single African Air […]
Ethiopia to adopt visa-free policy for all African visitors—PM
Ethiopia will soon allow all Africans to visit the country without visas, according to Prime Minister Abiy Ahmed. The announcement follows Rwanda’s decision allowing Africans […]
President Kenyatta signs cybercrimes law amid protests
Kenyan President Uhuru Kenyatta on Wednesday signed into a law a controversial Computer and cyber-crime law criminalizing fake news and online bullying. The Computer Misuse […]
Kenya dam bursts, kills at least 47
Floodwater from a commercial flower-farm dam in Kenya’s Rift Valley has killed at least 47 people as it swept through 450 homes and smashed into […]
Swahili becomes first native African language to get Twitter recognition
Social media platform Twitter has officially recognized the use of Swahili as a language on the platform. It became the first African language to achieve […]
Kenya’s president begs for forgiveness from Kenyans
Kenya’s president Uhuru Kenyatta on Wednesday called on Kenyans to forgive him for ‘damaging the unity of the country’ during the East African nation’s last […]
Kenya’s economic growth to rebound in 2018
Kenya’s economy is expected to grow 5.8 percent this year compared with an estimated 4.8 percent in 2017, thanks to drought cut and less political […]
Mauritius’ SBM Bank completes acquisition of Kenya’s Chase Bank
Mauritius’ banking group SBM Holdings will inject an additional $60 million into Kenya’s Chase Bank in a month’s time, SBM Holdings Chairman Kee Chong Li […]