Kenya Financial News

20.07 / 17:25

COST Man Williams Action show Deaths week NOT Kenya police are told not to report deaths during protests. A watchdog says they killed 6 this week

Police in Kenya say they have been ordered not to report deaths amid demonstrations against the rising cost of living

20.07 / 16:21

UPS Southern country Rice export ban: Why India is so crucial to global rice trade

food ministry data, the retail price of the grain climbed about 15% in Delhi this year while the average nationwide price gained more than 8%. Shipments will be allowed on the basis of permission granted by the government to other countries to meet their food security needs and based on request of their governments, the notification said. The latest Indian government move, which has already imposed restrictions on wheat and sugar exports, would affect a large portion of global rice trade.

20.07 / 06:13

Lowe's country Now Netflix users have to pay more to share account & password with friends

Netflix users will no longer be able to share accounts or passwords with friends for free. Netflix will impose a total ban on account and password sharing in several countries such as India, Croatia, Indonesia, and Kenya, from July 20 onwards. The main objective of this move is to boost revenue growth.

20.07 / 06:13

Lowe's Platform Mobile country end Netflix puts an end to password sharing in India, restricts one account to one household

streaming service Netflix said it has started cracking down on password sharing in India, along with other markets including Kenya, Indonesia and Croatia. Subscribers from only a single household would be able to access an account. This comes after Netflix in May, started rolling out a ban on password sharing worldwide.

20.07 / 04:29

UPS BLOCK Platform performer country exclusive Netflix gains nearly 6 million subscribers after imposing password password sharing crackdown. Details here

Streaming giant Netflix announced on Wednesday that its crackdown on password sharing has been a huge success, resulting in an additional 5.9 billion subscribers. Netflix ended June with 238.4 million subscribers worldwide, and the company expects similar subscriber growth for the July-September period. The nearly 6 million subscriber jump is Netflix's best second-quarter performance since adding 10 million subscribers in 2020, under drastically different circumstances.

17.07 / 16:07

Citi Extreme Discover Death toll in Kenya starvation cult case crosses 400: Official

«Total death Toll — 403,» Coast Regional Commissioner Rhoda Onyancha told AFP in a message, following the latest round of exhumations in the Shakahola forest, where cult leader Paul Nthenge Mackenzie allegedly urged followers to starve to death. «Exhumation continues tomorrow,» Onyancha added, as investigators search for more graves in the forest, where the first victims — some dead, others alive but weakened and emaciated — were discovered on April 13.

17.07 / 15:29

UPS TikTok Hudson Chubb controversy Who is Keyan Safyari? Know about Bebe Rexha’s boyfriend and the controversy over his text messages

Bebe Rexha shared messages from apparently now her ex-boyfriend Keyan Safyari on Instagram. The screenshot showed a lengthy text hinting that Bebe Rexha broke up with Kenyan Safyari over a fat-shaming message. In what seems like an apology message, too, Keyan wrote, “You gained 35 pounds obviously you gained weight…”. He also mentioned that, “I gain 3 pounds and you called me chubbs and fat. Doesn’t mean you don’t love me.” In conclusion, Keyan Safyari also asked Bebe Rexha to consider going in for therapy. Read on to know more about Keyan Safyari and the full context of his message to Bebe Rexha.

17.07 / 14:07

COST UPS Provident FIVE Reuters Deal end End of Black Sea grains deal promises pain for Africa's neediest

By Abdi Sheikh and Aaron Ross

12.07 / 13:03

UPS Provident FIVE Williams Manufacturing Platform Continental Iran's president begins a rare visit to Africa 'to promote economic diplomacy'

Iran’s president has begun a rare visit to Africa as his country under heavy U.S. economic sanctions seeks to deepen partnerships around the world

12.07 / 13:03

COST Citi Target BLOCK Williams Highways Kenyans protest again over rising cost of living, with some targeting a recently built expressway

One person has been killed as some Kenyans angered by the rising cost of living are back on the streets Wednesday in the latest of a series of protests

09.07 / 06:15

COST Kenya: 3 killed in protest against high cost of living

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

06.07 / 01:35

Provident Action boost lawmakers US lawmakers US lawmakers call on World Bank to boost funding for climate initiatives

World Bank President Ajay Banga to increase investment in climate projects. "We are heartened to see that you recognise the urgency of this problem and hope that the bank will lead a coordinated and robust response to these challenges," the lawmakers said in a letter to Banga on Wednesday.

05.07 / 14:43

Cooper India takes a strong stance against China’s BRI during SCO summit

India said no to China’s Belt and Road Initiative at the SCO summit. India continued its policies towards BRI which are largely seen as the mechanism for economic trade expansions based on clumsy and hideous terms of financial transactions.

04.07 / 14:45

BLOCK Executive ONGC Videsh awaiting clarity on equity structure over Kenyan oil field bid, says executive

ONGC Videsh Ltd (OVL) is waiting for clarity on the equity structure of a block in the Lokichar basin in Kenya from Tullow Oil before bidding for a stake, a company executive said on Tuesday. Tullow in May said that its two minority partners have withdrawn from the field.

04.07 / 11:50

UPS Citizens Williams Waters Manufacturing Action Kenya's president lifts 6-year logging ban to create jobs. Environmentalists are concerned

Kenyan President William Ruto has lifted a six-year ban on logging over the concerns of environmentalists

08.06 / 14:19

business Blockchain Adoption Africa Decentralization World Mobile eyes African rollout after decentralized wireless field tests

Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing it closer to a full rollout across the African continent, the company said in the announcement.

02.06 / 18:29

business CBDC Africa Central Bank NOT CBDC 'may not be a compelling priority,' says Kenya's central bank

The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling, and hasn’t a definitive conclusion.

24.05 / 06:17

Racing Mosaic T Rowe Price’s Ritu Vohora on why firms need to prioritise ethnic diversity: ‘That’s a big title for someone like you’

Ritu Vohora is an investment specialist at T Rowe Price and is co-chair of MOSAIC Emea, a business resource group focused on race, ethnic and cultural diversity. She previously worked at M&G Investments and is an ambassador for Reboot, a non-profit focused on ethnic diversity in financial services.

11.05 / 21:43

regulation Mobile Payments Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly

The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr, part of the state-owned Ethio Telecom network, operated in that market.

10.05 / 21:51

business Adoption Web3 Africa Web3 Hub Kenya partners with Abu Dhabi's Venom Foundation to build blockchain, Web3 hub

The partnership will attempt to contribute to driving blockchain innovation in the continent’s key sectors, including finance, supply chain, agriculture, business and cross-border trade, the May 10 announcement said.

10.05 / 20:07

Binance NFT Metaverse Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9

In this week’s newsletter, learn about emerging technologies creating new ethics for humankind. Read about the nonfungible token (NFT) marketplace Binance NFTs adding support for Bitcoin Ordinals on its platform, and check out why Kenyan lawmakers are considering a tax on crypto and NFT transfers. In other news, former OpenSea manager Nathaniel Chastain was found guilty of insider trading in a federal court in New York, and don’t forget this week’s Nifty News, featuring Pudgy Penguins signing a deal with a major Hollywood agency.

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