The International Monetary Fund (IMF) and Kenya on Friday reached an agreement over reforms that would pave the way for the disbursement of USD 264.0 million (Ksh 29.5 billion) if approved, it said in a statement. This is a staff-level agreement on the second review of the 38-month Extended Fund Facility (EFF) and Extended Credit Facility (ECF) – funded program. The disbursement would bring the total support from IMF to Kenya to USD 984.0 million (Ksh 109.8 billion) in 2021. The IMF team was led by Mary Goodman and the meeting was conducted virtually with Kenya from October 12 to…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenyan and other African medics have issued a call through the African Harm Reduction Alliance (AHRA) to the World Health Organisation (WHO) to modernise its approach to tobacco policy. This is ahead of the ninth session of the Conference of the Parties (COP9). In a joint letter dated 18 October, the alliance says tobacco harm reduction can contribute to the attainment of Sustainable Development Goals (SDG) by cutting premature deaths from four key non-communicable diseases (NCDs) by one-third by 2030 compared to 2015. “Most of the world’s nations are far behind the progress necessary to meet the goal. The only…
Guinness has launched “Black shines brightest”, the biggest pan-African campaign in over a decade in Kenya. Inspired by the bold and unique black beer of Guinness stout and brings together passionate and creative individuals to celebrate the spirit of Guinness and its home across African markets. The Guinness Bright House Experience is a model bar and a fundamental part of the Guinness Black Shines Brightest campaign and it serves as a cultural space and a hub for people to connect and energize each other with creativity, inspiration and, of course, a cold bottle of Guinness. It was launched in August.…
Activity in Kenya’s private sector accelerated to a five-month high in October as output growth strengthened and new business continued to grow despite an increase in input costs, a monthly survey said Thursday. The index rose to 51.4 in October from 50.4 in September according to the monthly Stanbic Bank Purchasing Managers Index (PMI). Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. During the period, the overall rate of input cost inflation quickened for the second month running, on higher purchase prices, though staff fees also continued to…
Data from the Nairobi County Children Services shows that they receive an average of 200 cases of child violence daily.
Telkom Kenya on Tuesday signed a memorandum of understanding with Ericsson mainly to speed up the expansion of its 4G mobile broadband network in Kenya. The MoU also covers NEC XON, a systems integrator to supplement Telkom’s 4G sites. The plan is to add 2,000 4G/LTE sites onto the operator’s network by 2023 at an estimated cost of USD 100 million. “Two of our commitments are to better position our infrastructure asset base and services to drive digital transformation within our various Customer segments thus providing them with more value, as well as bridge the digital divide through the expansion…