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By admin On Monday, May 18th, 2020
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Is it the time for an African at the helm of the World Trade Organisation ?

So the WTO needs a new director-general to succeed Roberto Azevêdo,  who announced resignation last weekend. Who will replace him? After a Brazilian, a Frenchman (Pascal Lamy), a Thai (Supachai Panitchpakdi) More...

By admin On Monday, May 18th, 2020
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Kenya closes borders to Tanzania and Somalia over coronavirus

Reuters: Kenya’s President Uhuru Kenyatta on Saturday banned movement across the country’s borders with Tanzania and Somalia to help curb the spread of the coronavirus. He exempted cargo trucks but said drivers More...

By admin On Friday, May 15th, 2020
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Kenya eschews G20 debt relief initiative over restrictive terms

Kenya will not seek a suspension of debt payments under a G20 initiative aimed at helping poor countries weather the COVID-19 pandemic, its finance minister said on Friday, saying the terms of the deal were too More...

By admin On Thursday, May 14th, 2020
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Kenya bears the brunt as floods devastate east Africa

Torrential rains have triggered devastating floods and landslides across East Africa in recent weeks, aggravating an already challenging situation as countries in the region battle the coronavirus pandemic. The More...

By admin On Monday, May 11th, 2020
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Moody’s Changes Outlook on Kenya’s Rating to Negative from Stable

FAR Moody’s Investors Service, on Thursday changed the outlook on the Government of Kenya’s ratings to negative from stable. Concurrently, Moody’s has affirmed Kenya’s B2 issuer and senior unsecured More...

By admin On Thursday, May 7th, 2020
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IMF approves $739 million emergency loan for Kenya

AFP The IMF on Wednesday approved a $739 million emergency loan for Kenya and $491.5 million for Uganda, as the East African countries deal with the coronavirus pandemic. Both face severe economic shocks amid efforts More...

By admin On Wednesday, May 6th, 2020
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Kenya floods kill 194 people, displace tens of thousands

Aljazeera Floods and landslides caused by heavy rain in Kenya have killed nearly 200 people, displaced 100,000 and strained critical infrastructure, officials said on Wednesday. The heavy rain, which accelerated More...

By admin On Monday, May 4th, 2020
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Kenya Diaspora Remittance up by 6.2% – The hand that keeps giving

Despite earlier projections of diaspora remittance decline by the World Bank, Kenyans in the Diaspora remittance rose by 6.2%, sending $707.3 million in the period between January to March 2020 compared to $665.8 More...

By admin On Monday, April 27th, 2020
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Kenya Society mourns long standing Member – Wangula Khasiani

Kenya community in the UK and Kenya Society are mourning the death of Mr Wangula Khasiani, who passed away in a London Hospital . He had been undergoing treatment for COVID 19. Our deepest sympathy, thoughts and More...

By admin On Friday, April 24th, 2020
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World Bank Predicts Sharpest Decline of Remittances in Recent History

Remittances to sub-Saharan African economies could fall by as much as 23.1% this year according to new World Bank estimates, due to the impact of the Coronavirus pandemic. Total flows could drop from $48bn in 2019 More...

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