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Kenya: Police arrest and fire tear gas as opposition holds protests

Kenyan riot police fired tear gas Monday to disperse demonstrators gathered in Nairobi for a day of action called by the opposition to protest ... the country's punishing cost of living crisis, AFP correspondents said.

Legal battle

Kenya: Questions emerge as government changes oil import rules

William Ruto’s administration has altered oil importation processes in Kenya by turning to a government-to-government (G-to-G) arrangement ... to minimise pressure on the East African country’s declining foreign exchange reserves. Will the move pay off?

party swap

Kenya: Raila loses more political allies to Ruto

Kenya’s opposition chief Raila Odinga continues to face a huge hurdle to retain political allies from his backyard of the Nyanza region in ... Western Kenya, after more than 30 leaders from Raila’s Orange Democratic Movement met President William Ruto this week. All resolved to join the ruling United Democratic Alliance (UDA) party, fleeing ODM.

Boosting growth

South Africa: Shoprite’s Africa downsizing, home consolidation pay off

Two years after it culled a number of its stores across Africa to consolidate their operation at home, Shoprite feels emboldened by its decision ... with sales growth in South Africa jumping 17%, amounting to ZAR100 billion ($5.3bn) in a period of 26 weeks ending 1 January.

Article 7/16 of "Wealth creators"

Kenya top stories

Legal battle

Kenya: Questions emerge as government changes oil import rules

Boosting growth

South Africa: Shoprite’s Africa downsizing, home consolidation pay off

Article 7/16 of "Wealth creators"

All about numbers?

Kenya: Safaricom CEO Ndegwa leads charge on Ethiopia subsidiary

Article 6/16 of "Wealth creators"

Legal battle

Kenya: Questions emerge as government changes oil import rules

Boosting growth

South Africa: Shoprite’s Africa downsizing, home consolidation pay off

All about numbers?

Kenya: Safaricom CEO Ndegwa leads charge on Ethiopia subsidiary

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All about numbers?

Kenya: Safaricom CEO Ndegwa leads charge on Ethiopia subsidiary

Renowned for his execution skills and mastery of financial matters, Peter Ndegwa is a man who avoids the political sphere. After nearly three ... years at Safaricom’s helm, he has successfully revitalised the Nairobi-headquartered group, which was once too focused on the domestic market.

Article 6/16 of "Wealth creators"

Records

African corporate champions see bumper profits as post-Covid recovery kicks in

The average net margin in our 2023 ranking has more than quadrupled, with companies in the extractive industry leading the way. ...

Article 4/16 of "Wealth creators"

homophobia

Kenya: LGBTQ ruling angers political leaders as gays & lesbians live in fear

The backlash arising from a Supreme Court ruling granting gays and lesbians the right to associate has raised fears of increased homophobia in ... Kenya.

FALL FROM GRACE

Wave, Chipper Cash… how the collapse of Silicon Valley Bank could affect African tech

Several start-ups and investors focused on the continent have received financial support in recent years from Silicon Valley Bank, specialised ... in tech. After a run on its deposits, the bank was placed into emergency receivership by US authorities.

mass action

Kenya: Raila announces anti-Ruto protests, with major demo in Nairobi

Kenya’s opposition leader Raila Odinga has announced the start of peaceful mass action protests against President William Ruto’s government, ... kicking off with a major demonstration planned for 20 March, in Nairobi, the capital.

political vendetta?

Kenya: Changes at revenue authority create season of confusion

Kenya’s new regime under President William Ruto continues to impose itself in public institutions in what is turning out to be a mix of political ... vendetta and an attempt to correct “mistakes” of the previous administration. Two memos by a Ruto ally at the Kenya Revenue Authority have put the country’s tax collector in the hot seat as Kenyans seek to understand the new playbook.

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