West Bank Stories
The ministers slammed the reported Israeli decision, calling it a "flagrant violation of Israel's obligations as the occupying power," the ministry ad...
Ruto emphasised that it aims to support at least 70 youths per ward across the country by providing grant funding, business training, and market linka...
The lender argues that taxing these items would expand fiscal space without burdening the poor, as they form a minor part of low-income households’ sp...
Kaburu was arrested in May 2025 at a mall parking lot in Nairobi, while Ombogo and Mugambi were arrested in a lodge at the Namanga border.
However, the Bank strongly recommends imposing the tax on fuels at the point of entry into the country, saying this would better reflect the true soci...
In a statement issued in response to a May 27, 2025 broadcast by Ethiopian Media Service (EMS), the bank said it was “compelled to provide a brief sta...
Tah, who officially begins his five-year term on September 1, 2025, brings over 35 years of financial and development experience, most recently leadin...
When travelling abroad, especially to the United States, civil servants receive about $513 (Sh66,317) daily, a figure the World Bank says needs urgent...
The World Bank indicated that inefficiencies in payroll management, excessive allowances and unchecked staff expansion, particularly at the county lev...
A recent World Bank report states that the 2.75 per cent SHIF payroll deduction places a financial strain on low-income workers and small businesses.
The lender highlights the narrowing room for manoeuvre in the country’s budget, driven by ballooning debt servicing costs, persistent revenue shortfal...
The decline in Uganda's exports to Kenya and Rwanda has been linked to trade barriers introduced by the two countries, reportedly aimed at shielding t...
The CBK survey revealed that banks plan to ramp up loan recovery efforts in eight of the 11 economic sectors and maintain the current pace in the rema...
According to Treasury data, the reduction is partly attributed to the ongoing settlements in the infrastructure docket.
Additionally, NBE expressed optimism that the new regulations would enable "an active, competitive, and steadily growing foreign exchange market that...
The 369-kilometre line is designed to improve the viability of the railway by linking it to Uganda, Rwanda, and the Democratic Republic of Congo, with...
Although more counties are releasing additional budget reports, the quality and comprehensiveness of these reports are not keeping pace.
Data from the UN Trade and Development notes that over 70 per cent of Africa’s medicines are imported, and half of the countries on the continent have...
Lammy emphasised that the Israeli government must take responsibility for the situation and intervene to stop further violence. He noted that repeated...
A Senate Public Accounts Committee report based on the Auditor General’s 2023–24 audit showed that 36 counties had breached the legal ceiling on wage...
Treasury officials highlighted the 64 per cent participation rate in the tender and the upsized bond issue as signs of growing confidence in Kenya’s e...
The initiative promises to open up opportunities for filmmakers and artists to scale their craft to global standards, nurture talent, and spur job cre...
CBK currently has 1,311 employees. Of these, 325 are Kikuyu and 258 are Kalenjin. Luo staff number 139, followed by Kamba (123), Luhya (113), Kisii (9...
Nearly two years later, the mall, now the largest landmark in the Eastleigh neighbourhood, has withstood the test of time, having grown in the number...
World Bank pegs the shortfall to the occurrence of political violence on the continent, which increased about eightfold between 2000 and 2023, and wit...
The inspection team urged local communities to form leadership committees to oversee the proper utilisation of the facilities, which are expected to b...
However, despite the anticipated fall, the lender notes that prices will remain higher than pre-Covid levels, reflecting ongoing supply chain challeng...
Lawyer Esther Bitutu was directed that she report to the police station for interrogation as investigations into the high-profile financial fraud cont...
Job creation also quickened in the period under review, the strongest observed in nearly one year, as firms looked to ease pressure on workloads.
The company said the decision follows a strategic review undertaken by the Board of Directors and is part of a wider global restructuring plan.
