Kenya Financial News

The Robot Cafe in Kenya's capital, Nairobi, is creating a buzz by using preprogrammed robots to deliver food to customers

Olympic champion Emmanuel Wanyonyi of Kenya inched ever so close to the men's 800 metres world record on Thursday, missing the global mark by two tenths of a second in winning the Lausanne Diamond League with the second fastest time in history. Wanyonyi, who turned 20 during the Paris Olympics, clocked one minute 41.11 seconds to narrowly miss the world mark of 1:40.91 set by Kenya's David Rudisha at the 2012 London Olympics. The young Kenyan ferociously chased the green lights in the inner lane that keep pace with the world record in ideal 25 C conditions, just missing Rudisha's record but matching Wilson Kipketer's 1997 time as second fastest ever run.

Kenya’s new finance minister says some of the proposed taxes that led to weeks of deadly protests earlier this year will be reintroduced through a tax amendment bill as the country struggles to find revenue to pay off debts

mpox across the continent. This week, the World Health Organisation (WHO) will hold a meeting to discuss a potential emergency declaration regarding mpox. This year, nearly 27,000 mpox cases have been reported in the Democratic Republic of the Congo (DRC), with around 1,100 deaths, many among children. Congo has been particularly hard hit, with over 96 percent of cases are concentrated in the DRC, with a 160% increase in cases and a 19% rise in deaths this year.

Paris 2024 Olympics promises an action-packed schedule as 13 gold medals are up for grabs before the Closing Ceremony concludes the Games on Sunday, August 11. With numerous high-stakes events scheduled, fans will have plenty to watch as the Olympics reach its thrilling climax.

men's marathon in Paris on Saturday as Eliud Kipchoge's bid for a third gold went up in smoke. Tola clocked an Olympic record of 2hr 06min 26sec for victory, finishing 21 seconds ahead of Belgium's Bashir Abdi, whose silver marked an upgrade from his bronze garnered at the Covid-hit Tokyo Games three years ago. Kenya's Benson Kipruto, winner of Tokyo, Boston and Chicago marathons in recent years, rounded out the podium, a further 13sec adrift.

Avinash Sable failed to keep pace with the best in the business as he finished 11th in the Paris Olympics men's 3000m steeplechase final race here on Wednesday. The 29-year-old Sable clocked 8 minutes 14.18 seconds while crossing the finish line after running in the lead briefly in the dramatic race. Sable had recently broken his own national record with a time of 8: 09.91 seconds at the Paris Diamond League. He has been training abroad for a long time in preparation for the Paris Games on funding from the government. Soufiane El Bakkali of Morocco defended his title, clocking his season's best of 8:06.05 while Kenneth Rooks (8:06.41) of USA and Abraham Kibiwot (8:06.47) of Kenya took silver and bronze respectively.

Nigerians are planning nationwide protests this week against the country’s worst cost-of-living crisis in a generation

Farmers in Africa are blaming chemical fertilizers for increasingly acidic soils that have led to production decline

Kenyan President William Ruto has appointed the first 11 members of his Cabinet

A Kenyan court has suspended a police ban on protests in the capital

Open Society Foundations revealed Tuesday its first new commitment after a years-long internal reorganization, pledging $400 million over eight years to support green economic development

A Nigerian court has scheduled the verdict for the tax evasion trial against cryptocurrency exchange Binance for October 11. The announcement was made by presiding judge Emeka Nwite on Friday.

The ballooning debt in East Africa’s economic hub of Kenya is expected to grow even more after deadly protests forced the rejection of a finance bill that President William Ruto said was needed to raise revenue

Kenyan farmers' financial security and optimism have been shaken by recent flooding

Kenya has an affordable housing problem

Edith Wanjiku holds onto one of the few photos she’s left with of her teenage son Ibrahim Kamau

Police have clashed with protesters in Kenya’s capital Nairobi before planned protests against a contentious finance bill

Kenya's president says he won’t sign into law a finance bill proposing new taxes that prompted thousands of protesters to storm the parliament on Tuesday

Kenya’s president came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain

A cybersecurity intelligence company says a suspected Chinese state-sponsored hacking group has intensified attacks on Taiwanese organizations, particularly those in sectors such as the government, education and technology