NAIROBI, Kenya | Xinhua | Kenya and Uganda on Thursday signed a number of agreements to enhance bilateral cooperation. One of the agreements allows Uganda to import and transit refined petroleum products through Kenya from producer jurisdictions, resolving challenges faced by Uganda’s petroleum sector, Kenyan President William Ruto said. “We …
Read More »Museveni arrives in Kenya for official visit
NAIROBI, Kenya | Xinhua | Ugandan President Yoweri Museveni arrived in the Kenyan capital of Nairobi on Wednesday for a three-day state visit. Museveni, who was greeted by Kenyan Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi, is scheduled to engage in bilateral discussions with his …
Read More »Floods mounts pressure on a Kenyan economy already in a crisis
The government is already struggling to meet revenue targets due to a slowdown in economic performance ANALYSIS | TIMOTHY NJAGI NJERU | There were early warnings that Kenya’s long rain season – between March and May – was going to bring above-normal rainfall. The extreme intensity of the rain has resulted in devastating …
Read More »Charity: Over 15,000 Kenyan children may not resume learning due to flooding
NAIROBI, Kenya | Xinhua | More than 15,000 children in Kenya will be unable to return to school next week due to heavy rains and floods that have submerged or destroyed at least 62 primary schools across the country, a global charity said on Friday. Save the Children said the …
Read More »Kenya’s agritech startup iProcure placed under administration
At least 10 Kenya-based startups, including Notify Logistics, WeFarm and Kune, have shut down since 2021 because of worsening macroeconomic conditions ANALYSIS | ADONIJAH NDEGE | iProcure, the Kenyan agritech startup backed by Safaricom’s Spark Fund, is now under administration after failing to settle undisclosed debts. KPMG’s advisory arm has been …
Read More »Kenya floods death toll rises to 210 as heavy rains persist
NAIROBI, KENYA | Xinhua | The death toll from the raging floods and landslides triggered by heavy rains in Kenya since March has risen to 210, with dozens of people still missing, the government announced on Friday. The Ministry of Interior and National Administration said that 196,296 people have been …
Read More »Kenya faces devastating losses as heavy rains trigger widespread flooding
NAIROBI | Xinhua | Kenya is facing significant losses as heavy rains, reaching up to 200 mm a day, continue to inundate the country, leading to widespread flooding that has killed at least 188 people and displaced tens of thousands more. The impact of the rains extends across various sectors, …
Read More »Kenya postpones schools reopening over flooding
NAIROBI, Kenya | Xinhua | Kenya has postponed by a week the scheduled schools reopening to May 6 due to devastating flooding which is being experienced across the country. Education Cabinet Secretary Ezekiel Machogu said on Monday that they have received data that some schools had been adversely affected by …
Read More »XENO unit trust scheme eyes Kenyan market
Kampala, Uganda | THE INDEPENDENT | Ugandan unit trust scheme, XENO Investment Management Limited, is eyeing the Kenyan market with its online platform to tap into the country’s retail investors. Launched in 2017, XENO executives said XENO Kenya received all the regulatory approvals to set up operations. “This year marks our …
Read More »EAC shifts focus on Uganda-Kenya expressway
SPECIAL REPORT | THE INDEPENDENT | The feasibility studies for a transnational expressway connecting Uganda and Kenya is due to commence following the handing over of the site to the contractors. The 256km multinational expressway will run from Kakira in Jinja District, Uganda, through Busitema to Malaba and Busia, onwards to …
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