Author: David Indeje

East African states are on high alert as a severe viral hemorrhagic fever spate in humans grips Tanzania. Tanzania confirmed its first-ever cases of Marburg on Tuesday, following the deaths of five of eight people in Bukoba district, Kagera region, who developed symptoms that included fever, vomiting, bleeding, and renal failure. “Our public health laboratory results have confirmed that this disease is caused by Marburg virus,” Health Minister Ummy Mwalimu said On the other hand, the Africa Centres for Disease Control and Prevention (Africa CDC) disclosed that this is the first time a confirmed case of MVD is reported in…

Kenyan businesses are staring at heavy losses because of the planned weekly protests dubbed Maandamano against the high cost of living that began Monday. Raila Odinga, the opposition leader, called for nationwide protests against the high cost of living. “Kenyans are going through hard economic times; prices of basic commodities have skyrocketed, yet those who stole our victory are unable to cushion them,” he was quoted in a televised interview on Sunday. On Monday, he reiterated, “We shall use all available, peaceful, and constitutional means to vindicate our rights.” “Every Monday, there will be a strike, there will be a…

Kenya and the United States next Strategic Trade and Investment Partnership round is scheduled for April 17 to 20, 2023, to further strengthen economic ties between the two sides. The talks will focus on proposals adopted from draft negotiations initiated in July 2022. The proposed US-Kenya Strategic Trade and Investment Partnership (STIP) aims to develop a roadmap for engagement in areas such as agriculture, digital trade, action on climate change, and trade facilitation and customs procedures. The first round of negotiations between senior Kenyan and US officials for the proposed Strategic Trade and Investment Partnership was concluded successfully in February.…

Dusit International, a Bangkok-based Thai Hotel and property development company, has announced plans to open a serviced hotel apartment in Westlands Nairobi. Dubbed ‘Dusit Princes Hotel Residences’, along Mimosa Lane off Church Road will consist of a hybrid of 56 one-bedroom and 30 studio apartments and 14 deluxe hotel rooms.  Other properties’ facilities will include; an Italian-inspired restaurant dubbed ‘The Olive Restaurant’, a rooftop bar dubbed ‘The Aviary Lounge’, a heated swimming pool, a rooftop gym, and a 150-guest capacity theatre-styled meeting room.  The opening of ‘Dusit Princes Hotel Residences’ comes after the closure of ‘DusitD2 Nairobi’ in 2021, a luxury hotel branch of Dusit International…

PrideInn chain of hotels has closed its Haile Sellasie property following the expiry of its lease at the end of March 2023. In a notice, the hotel chain said, “effective end of March 2023, our Pride Inn Mombasa branch Haile Selassie property will no longer be under the Pride Inn Hotels portfolio,” read a statement from Hasnain Noorani, the Group Managing Director. “After fruitful and productive years of operations in the city of Mombasa, our PrideInn Haile Selassie property will no longer be under the PrideInn Hotels portfolio. Our lease had expired and since we did not renew it, the property…

Standard Chartered Bank Kenya recorded a 34 per cent surge in full-year net profit for 2022 to KSh12.1 billion. Kariuki Ngari, Chief Executive Officer, said: “We have delivered a strong set of results in 2022, with profit before tax up by 36 per cent, with business momentum driving top-line growth of 16 per cent. Our Wealth Management, Transaction Banking and Financial Markets products performed strongly.” “I am particularly pleased with our discipline around expenses that helped us navigate the inflationary pressures of 2022 but still allowing us room to invest in our digital capabilities.” https://www.youtube.com/watch?v=3fArhISwHJk KShs billion 31.12.2022 31.12.2021…