Diaspora Remittance up by 7.3%

Source: Wall Street Kenya Foreign remittances are a key source of income for many low-income households in Kenya. Kenyans living abroad sent home $278.4 million in January 2021, a 7.3% improvement from the $259.4 million sent in January 2020, according to data from the Central Bank of Kenya (CBK). Despite predictions of a decline in foreign remittances More...

UK-Kenya Trade Agreement May Threaten Regional Integration
Source: Maritime Executive. The United Kingdom (UK) parliament has warned that the British government’s new bilateral trade agreement with Kenya could undermine the East Africa Community (EAC) regional integration More...

New WTO boss warns against vaccine nationalism
The newly-appointed head of the World Trade Organization (WTO) has told the BBC that vaccine protectionism must be overcome to solve the pandemic. Ngozi Okonjo-Iweala said “a phenomenon where rich countries More...

British company pays out $9.7 million to victims of rape and rights abuses in Malawi, Kenya
A UK company, Camellia Group, agreed to settle legal claims from a number of Kenyan and Malawian women over gross human rights abuses and rape allegations. The firm’s guards have been accused of committing More...

Funeral fist-fight between Kenyan MPs
Two Kenyan MPs have exchanged blows at a funeral after one of them insinuated that the other was corrupt. “We have several leaders here in the company of our deputy president who have a tainted life. More...

KENYA-SOMALI RELATIONS CONTINUE TO DETERIORATE
Tensions between Kenya and Somalia continued to rise this week, with Somalia’s information ministry releasing a statement accusing Kenya-funded and -trained rebels of crossing into Jubbaland. As of Thursday, More...

Western World leaders express shock as Pro Trump supporters storm Capitol Hill.
WASHINGTON (Reuters) – World leaders on Wednesday expressed shock at the violent protesters who overran the U.S. Congress and attempts to overturn the Nov. 3 presidential election results which dealt a victory More...

Africa’s Journey of a thousand Miles’ under AfCFTA
By: Agnes Gitau Africa’s journey of a Thousands miles begins today under the Africa free trade agreement ‘ AfCFTA’. This is Africa’s opportunity towards recovery and prosperity and ultimately More...

The world welcomes 2021 says goodbye to a Virus ridden 2020
Reuters: The world welcomed 2021 with muted celebrations , desperate to kiss 2020 goodbye but with cautious optimism that the new year brings hope and most of all economic recovery No light show illuminated Beijing More...

A long awaited Brexit deal is finally Served
Now the fate of trade between the UK and EU from 2021 has been secured, many will be keen to see the details of the deal struck on Christmas Eve. Reactions There is still much that is not yet clear, but More...