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...
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...
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...
What is the state of democracy on continental Africa today?
Aljazeera: At least 16 African nations have held elections this year. But there have been almost as many debates as to whether democracy is actually disappearing across the continent. A number of leaders continue More...
CBK ends free M-Pesa transfers
The Central Bank of Kenya (CBK) has lifted the waiver on mobile money transaction fees under Sh1000 beginning January. CBK says only mobile money transactions below Sh100 will be free as providers reinstate the More...
Horn of Africa political crisis as Somalia cuts Diplomatic Ties with its Neighbour Kenya
Somalia cut diplomatic relations with neighbouring Kenya on Tuesday, accusing it of meddling in politics as protests and gunfire erupted in the capital Mogadishu over delayed elections. The dispute could undermine More...
East Africa Court of Justice halts implementation of 25% duty on glass imports imposed by Kenya
Tanzanian glass container manufacturer, Kioo Limited breaths a sigh of relief following the East Africa Court of Justice (EACJ) halting the implementation of the 25 percent excise duty on imported glass bottles More...
