Kenyan authority penalizes Nigerian bank for misleading actions in credit disagreement
In a recent ruling, the regulator ordered the bank to pay around $257,000 (roughly KES 33.18 million) and also to refund ASL about $102,000 (approximately KES 13,211,285) in fees that were improperly charged. ASL, a diversified company supplying goods to the construction, electrical, and industrial sectors in Kenya, lodged a formal complaint against GT Bank […]
Kenyan bank employees will no longer benefit from lower loan rates due to the new CBK pricing model.
Central Bank of Kenya Stands Firm on Borrowing Terms The Central Bank of Kenya (CBK) has decisively turned down proposals to modify preferred borrowing terms that currently benefit bank employees. This decision means that many insiders, who have enjoyed lower interest rates on loans compared to average customers, will now face increased borrowing costs. According […]
Fire kills sleeping boys at Kenyan boarding school | Kenya
At least 18 boys were killed and 27 others were taken to hospital after a fire broke out at a dormitory at a boarding school in central Kenya early on Friday. Kenya's Vice President Ligathy Gachagua announced the death toll at the scene of the Hillside Endarasha Academy primary school in the town of Endarasha. […]
Kenyan Drake retires from the NFL after eight seasons
Former running back Kenyan Drake is retiring from the NFL, he announced on social media Friday afternoon. “It’s been an incredible journey,” he said. wrote on Instagram“It’s hard to believe eight seasons have gone by. This journey has been amazing – the victories, the big and small moments, the camaraderie, the energy, everything about it. […]
Suspected Serial Killer Confesses To Murdering 42 Women After Bodies Found In Kenyan Dump
Kenyan police arrested a man Monday suspected of killing at least 42 women since 2022, including his own wife. Jomaisi Khalisia, 33, confessed to killing 42 women in less than three years after being arrested in relation to the gory murders of nine women, law enforcement said, according to the BBC. The bodies of the […]
Kenyan president dismisses Cabinet ministers after weeks of protests
Kenyan President William Ruto on Thursday fired almost his entire cabinet and promised to form a leaner, more efficient new government following weeks of protests against high taxes and poor governance. In a televised address, the president said he had also fired the attorney general and that each ministry would be run by a permanent […]
Biden, 81, Delivers Gaffe-Ridden Press Conference with Kenyan President
President Joe Biden appeared to struggle to get his point across cogently during a news conference with Kenyan President William Ruto on Thursday, raising concerns about his fitness to serve as president. The awkward press conference was the latest in a series of public events where Biden has struggled to speak gaffe-free. Biden’s aides corrected […]
Lawmakers, Hollywood collide at White House state dinner for Kenyan President William Ruto
Different worlds collided at the White House, as everyone from former President Clinton and Hillary Clinton to actor Sean Penn, NFL Commissioner Roger Goodell and “Leading Rainbow” LeVar Burton attended the state dinner in Kenya. The Clintons were all smiles and held hands as they posed for photographs at a black-tie evening on Thursday, the […]
Black Caucus condemns Speaker Mike Johnson’s treatment of Kenyan President William Ruto
The Congressional Black Caucus (CBC) shared a post online on Wednesday criticizing House Speaker Mike Johnson (R-Louisiana) for refusing to invite Kenyan President William Ruto to a joint session of Congress that typically also hosts other international leaders. “While @SpeakerJohnson may not have given the President of Kenya the opportunity to address a joint sitting […]
Kenyan president meets with Obama amid awkward press conference with Biden
Kenyan President William Ruto met with former President Barack Obama in Washington, D.C., on Thursday in between a series of meetings with President Joe Biden and his team at the White House. The Kenyan president’s state visit to Washington will conclude Thursday with a state dinner at the White House. Earlier in the day, Ruto […]