NAIROBI, Kenya — Global oil prices are climbing once again, sparking concerns about potential increases in fuel costs and the broader impact on economies around the world. The latest surge in crude oil prices has been driven by rising geopolitical tensions, supply uncertainties, and growing demand in major economies. Energy analysts warn that if the…
The recent revocation of USAID’s operations in Kenya by former U.S. President Donald Trump has sparked global discussions on the future of international aid. While the ban is expected to disrupt funding for key sectors such as healthcare, education, and agriculture, many Kenyans have yet to feel its impact. The lingering question is: Why? Key…
Prince Karim Aga Khan IV, the revered spiritual leader of the Shia Ismaili Muslims, has died at the age of 88, according to multiple reports and statements from the Aga Khan Development Network. The announcement of his passing came from his foundation on February 4, 2025, noting that he died peacefully in Lisbon, surrounded by…
The Central Bank Of Kenya has announced a new bond issuance to fund crucial infrastructure development projects, inviting investors to participate in a tax-free investment opportunity. Key Highlights: The bonds present an attractive investment option for institutional and individual investors seeking long-term, government-backed securities with significant tax advantages. Interested investors can buy Treasury bonds through…
Mali MMF, a money market fund managed by Genghis Capital, experienced a significant surge in fund withdrawals yesterday following the circulation of unsubstantiated rumors on social media. These unverified claims alleged that the company owed 345 million Kenyan Shillings and faced imminent asset seizure. In response, Mali MMF issued a direct message to its investors,…
