By visiting our site, you agree to our privacy policy regarding cookies, tracking statistics, etc. Read more

Economy

EconomyNewsPodcasts
Reuben Musonik 5 min read

Backlash Intensifies Over Raila Odinga’s Endorsement of Adani Group in Kenya Power and JKIA Projects

Raila Odinga faces mounting criticism after endorsing the Adani Group’s involvement in the expansion of JKIA and Kenya Power’s management. Public outcry centers on concerns over privatization of critical national assets, transparency, and the potential risks to Kenya’s sovereignty. As social media reactions intensify, Odinga’s stance has stirred a national debate on foreign investment and accountability in public-private partnerships.

Read more
EconomyNewsPolitics
Reuben Musonik 3 min read

Kenya’s High Court Declares NG-CDF Unconstitutional but Extends Projects Until 2026

The High Court has declared the National Government Constituency Development Fund (NG-CDF) unconstitutional but allowed ongoing projects to continue until June 2026. The ruling, rooted in concerns over the separation of powers, has sparked debates on the rule of law and Kenya’s development funding mechanisms, raising critical questions about governance and constitutional adherence.

Read more
BusinessEconomyNews
Reuben Musonik 2 min read

High Court Halts Fuel Levy Hike: What This Means for Kenyan Consumers

The High Court of Kenya has temporarily halted the Energy and Petroleum Regulatory Authority’s (EPRA) plan to increase the Road Maintenance Levy from Ksh 18 to Ksh 25 per liter. The ruling comes after a petition by COFEK and a Mombasa resident, challenging inadequate public participation. The court’s decision awaits further direction on October 7, 2024.

Read more
BusinessEconomyNewsTravel
hgom3 2 min read

JKIA Staff Protests Against Adani Takeover: Concerns Over Job Security and Transparency

KAA staff protests are intensifying over the proposed takeover of JKIA by Adani Airport Holdings, an Indian firm. Workers, backed by the Kenya Aviation Workers Union (KAWU), fear job losses and demand transparency in the deal. The government argues that the Public-Private Partnership (PPP) will modernize JKIA, but the standoff between employees, the government, and Adani threatens further disruptions at one of Kenya’s busiest airports.

Read more
AfricaBusinessEconomyNews
hgom3 5 min read

China-Africa Summit in Beijing: A New Chapter or Neo-Colonialism?

The 2024 China-Africa Summit in Beijing drew significant attention as African leaders, including Kenya’s President Ruto, addressed the growing concerns over Chinese loans and rising debt. While China promises infrastructure development and modernization, African nations are grappling with the long-term implications of debt dependency. The summit raised critical questions about the balance between growth and sovereignty, with leaders calling for sustainable, equitable partnerships in the evolving Sino-African relationship

Read more
EconomyNewsSociety
hgom3 2 min read

Youth to Be Empowered with Skills Relevant to Current Job Market, Says PS

Principal Secretary for Diaspora Affairs, Roseline Njogu, has emphasised the government’s commitment to empowering Kenyan youth with skills relevant to both local and international job markets. Speaking at the Ujuzi Mashinani graduation ceremony, Njogu called on the youth to seize opportunities, while highlighting collaborative efforts to create sound policies that protect and facilitate employment for Kenyans abroad.

Read more
BusinessEconomyNews
Reuben Musonik 4 min read

IMF Loan to Kenya Halted Amidst Political and Economic Uncertainty

The IMF has halted a crucial loan disbursement to Kenya after the government withdrew the Finance Bill, raising concerns about the country’s commitment to fiscal reforms. This decision highlights the delicate balance Kenya must maintain between domestic policy and international financial obligations. As Kenya navigates its economic challenges, re-engaging with the IMF will be vital for both immediate financial relief and the country’s long-term economic stability.

Read more
CrimeEconomyNewsTravel
hgom3 2 min read

Ruto’s Inner Circle Entangled in the Adani Heist: A Deep Dive

The Adani deal, now under intense scrutiny, has implicated key figures within President Ruto’s inner circle, including Kenya Airports Authority Chairman Caleb Kositany. Allegations of a Kshs 385 million bribe and land grabbing have surfaced, raising serious concerns about corruption. With billions at stake, the fallout could significantly impact Kenya’s political landscape. The ongoing controversy highlights deep-rooted issues of cronyism and corruption within the Kenyan government.

Read more
EconomyNewsPolitics
hgom3 5 min read

Ruto’s Rebranding of Uhuru Projects: The Kenyan Political Project Makeover

President William Ruto’s “Great Kenyan Project Makeover” has sparked widespread debate as he rebrands and relaunches infrastructure projects initiated by former President Uhuru Kenyatta. While some see it as a political strategy to take credit for ongoing initiatives, others view it as a necessary move to revive stalled projects. This initiative addresses economic challenges but raises questions about its true intent and sustainability.

Read more
×