NBE Stories

Ethiopia unlocks banking sector to foreign investors in landmark reform
Bashir Mbuthia  |  Jun 27, 2025

The directive permits foreign entities to establish subsidiaries, branches or representative offices in Ethiopia's previously closed banking system. I...

Scars of protest: Sunbeam traders still await justice following 2024 fire tragedy during anti-tax demos
Barack Oduor  |  Jun 25, 2025

The Sunbeam Shopping Complex was razed during the anti-tax protests on Tuesday, June 25, 2024, along Mfangano Street in Nairobi’s Central Business Dis...

KFS refutes claims of luxury hotel in Ngong Road Forest, says construction of eco-camp ongoing
Rachael Mutabasi  |  May 16, 2025

The clarification follows a letter from the Greenbelt Movement, a nature conservation organisation, which alleged that a luxury hotel was being built...

Niger enters gold refinery deal with sanctioned Kenyan businessman Kamlesh Pattni
Maureen Kinyanjui  |  Apr 24, 2025

Pattni himself signed the agreement on behalf of Suvarna. Despite Pattni's controversial reputation, which includes sanctions imposed by the United St...

AU honours Wangari Maathai's environmental conservation legacy with green economy initiative
Rachael Mutabasi  |  Mar 03, 2025

The African Union is looking to Maathai's pioneering work in conservation as a roadmap for creating a sustainable future.

High Court stops planned expansion of Kiambu Road on Karura Forest land
Maureen Kinyanjui  |  Dec 21, 2024

The court's decision follows a petition filed by the Greenbelt Movement, which opposes the government's plans to encroach on Karura Forest.

US, UK sanction Kamlesh Pattni over Zimbabwe gold scam
Amina Wako  |  Dec 09, 2024

The US Treasury dossier reveals a vast international network that launders proceeds from Zimbabwe's illicit gold trade.

Ethiopia's inflation rate drops by 9.4 per cent
Vincent Ombati  |  Jul 09, 2024

Notable indicators of the new inflation rate were highly boosted by a half drop in non-food stuff from 31.5 per cent to 15.3 per cent.

Ethiopia’s Letesenbet Gidey wins 2023 International Fair Play Award
Sports Reporter  |  Dec 10, 2023

“When Sifan fell, my heart was broken. I know the feeling of falling,” When people are happy, I’m happy. I feel sad when they’re sad. I am happy to re...

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