Afreximbank Q3 net income grows to $642M

African Export-Import Bank Group has reported a 22.9pc growth in earnings for the nine months period ended September this year. Afreximbank says net income rose to $642.2 million compared to $522.5 million reported over the same period last year. The Cairo-based Pan-African multilateral lender attributes the improved earnings which beat expectation despite challenging environment to…

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Weatherman forecasts heavy downpour in 7 days

Most parts of the country will experience heavy downpours in the next seven days starting Tuesday, November 19, 2024. This is according to the latest forecast issued by the Kenya Meteorological Department on Monday, November 18, 2024. The rainfall, according to the weatherman, is expected in the Central Highlands, Western Kenya, Lake Victoria Basin, Rift…

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Kenya launches second phase of national animal census

The National Government has launched the second phase of the National Animal Census, focusing on 65,000 square kilometres across six counties in northern Kenya. The project is being conducted by the Wildlife Research and Training Institute (WRTI) in partnership with ten other organizations. Speaking at the launch event in Shaba, Isiolo County, Cabinet Secretary for…

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Regional tax authorities’ meeting kicks off in Nairobi

The National Treasury has assured that it is taking concerted efforts in reducing graft and improving efficiency in tax collection and implementation for the country to realize savings in funding its fiscal obligations. National Treasury and Economic Planning Cabinet Secretary John Mbadi says Kenya ought to improve its domestic revenue mobilization…

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