Officials of the governments of Ethiopia and South Sudan have expressed their plan to interconnect the two neighbouring nations through an energy grid. This was made…
Browsing: East Africa Business News
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The Kenyan Court of Appeal has prolonged a moratorium or is a legally authorized period of delay on the Kenya Revenue Authority’s (KRA) decision to increase…
https://www.youtube.com/embed/QojxhJywtZ4 Here are a couple of things that have happened with Tanzania: the International Monetary Fund recently upgraded its risk of debt distress from low to…
Considering evidence of business revival and MPs’ approval of a KSh20 billion bailout, Kenya Airways or KQ has reversed salary cutbacks. After the Kenya Treasury delayed…
Kenya’s national career Kenya Airways has seen its loss reduce at the end of December 2021 by as much as 57%, owing to the recommencement of…
The amount of problematic loans in the banking industry climbed marginally in the two months ending February, with defaults attributed to a few significant borrowers from…
Negotiations have commenced on a contract to evaluate Kenya Power’s power purchase agreements (PPAs) signed over the years in order to reduce energy costs for families…
Kenyan Members of Parliament want President Uhuru Kenyatta to order the reinstatement of a KSh5.7 billion fertiliser subsidy that the Treasury has removed from the supplementary…
According to data from the Kenya Railways Corporation, bookings on Kenya’s standard gauge railway (SGR) more than doubled last year due to increased transit between Nairobi…
Data from Uganda’s Electricity Regulatory Authority (ERA), indicated that electricity distribution businesses lose roughly 169 megawatts every three months that goes unsold. According to the ERA…