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Moscow Wednesday 27 Sep 2023
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World/Kenya

Kenya

23 mins ago
Kenya and Sub-Saharan Africa Urged by IMF to Implement Tax Measures Thoughtfully in Light of Public Concerns

The International Monetary Fund (IMF) has recently recommended that governments in sub-Saharan Africa, including...

1 hour ago
Kenya Treasury Proposes Sweeping Changes to Pension Tax Laws for Early Access

Kenya Treasury’s medium-term revenue strategy has proposed a significant shift in the pension laws. The pr...

3 hours ago
Strengthening Kenyan-Chinese Relations: Language & Culture at the Forefront

  A Memorandum of Cooperation on Publication In a significant move that aims to strengthen ties between Ken...

2 days ago
Pros & Cons: The Debate Over Extending Kenya's Presidential Term Limits

Proposal to Extend Presidential Term Limits In a recent controversial move, Samson Cherargei, a senato...

2 days ago
Mysterious Student Deaths Ignite Fears in Kenyan Universities

The recent wave of student deaths in Kenyan universities has sparked concern among parents, students, ...

2 days ago
Fire Tragedy in Kenya Claims Lives of Military Personnel and Civilians

Japhet Wafula Simiyu, a Kenya Defence Forces (KDF) officer, lost his life in a house fire in Bungoma c...

2 days ago
Woman Found Dead in Kenya's Lodgings

The quiet township of Emali in Makueni county, Kenya, was recently disturbed by a chilling incident th...

Unpacking the Price: The Impact of Import Duties and Taxes on iPhone 15 Prices Globally
Global Launch of iPhone 15 Series On September 22, 2023, Apple launched the much-anticipated iPhone 15 series, making the innovative smartphone available in several countries. As is tradition, the official prices of the iPhone 15 series were posted on Apple's website. However, the final cost for consumers varies significantly due to import duties and taxes applied by different countries. This article explores the impact of these import duties and taxes on the final cost of the iPhone 15 series in three countries: Indonesia, India, and Kenya. Indonesia: Import Duties, Taxes, and IMEI Registration For Indonesian consumers, purchasing an iPhone 15 abroad comes with additional responsibilities. All mobile phones bought abroad must have their International Mobile Equipment Identity (IMEI) registered. Failure to register the IMEI of an iPhone 15 purchased abroad can lead to the phone being disconnected from the ce...
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Unpacking the Price: The Impact of Import Duties and Taxes on iPhone 15 Prices Globally
4 days ago
Kenya Leads International Support Mission Against Gang Violence in Haiti
A Global Coalition in the Making In the face of escalating gang violence in Haiti, a country in the grip of lawlessness and terror, several nations have pledged their support for a security mission. The United States, while not providing ground personnel, has committed to significant logistical backing. Although the countries expressing interest in contributing
5 days ago
Unlicensed Firearm Found at Banned New Zealand Runner's Kenyan Residence
Kenyan Police Operation Uncovers Firearm In a recent operation, the Kenyan police reportedly recovered an unlicensed firearm from the home of a banned New Zealand runner. The specific details surrounding the incident like the identity of the athlete, reasons behind the ban, or the exact location of the property have not been disclosed. The circumstances
6 days ago
Decade After Westgate: Kenya's Enhanced Security Measures and the Fight Against Terrorism
As Kenya commemorates the tenth anniversary of the Westgate Shopping Mall attack, a somber mood lingers. The incident, which took place in Westlands, saw 70 innocent lives tragically cut short. The attack was carried out by four masked gunmen who indiscriminately targeted shoppers, leaving a trail of destruction and despair in their wake. This marked
Kenya signs $59m deal with US aid agency to acquire electric buses

Kenya signs $59m deal with US aid agency to acqu...

A landmark deal has been signed between Kenya’s President, William Ruto, and the US foreign aid agency, the Millenium Challe...

Kindiki Issues Warning to Terrorist Elements Amid Rising Attacks

Kindiki Issues Warning to Terrorist Elements Ami...

The Kenyan government, under the auspices of Interior Cabinet Secretary Kithure Kindiki, has reiterated its unwavering commitment ...

Mysterious Death of Kenya's GSU Officer Enock Kimathi

1 week ago

Mysterious Death of Kenya's GSU Officer Enock Kimathi...

Global Launch of iPhone 15 Series On September 22, 2023, Apple launched the much-anticipated iPhone 15 series, making the innovative smartphone available in several countries. As is tradition, the official prices of the iPhone 15 series were posted o...

President of Galmudug Denies Injury in Al-Shabaab Attack on ...

In a morning filled with tension and uncertainty, President Ahmed Abdi Kariye Qorqor of Galmudug, a semi-autonomous region in Soma...

The Unseen Struggles of Somali Refugees: A Tale of Hope Amid...

For many, the journey to safety is fraught with peril. Such is the case for Anab Hassan Mukhtar, a Somali mother who, along with h...

Kenyans Divided Over Protests Against Soaring Fuel Prices...

In the wake of the Energy and Petroleum Regulatory Authority’s (EPRA) decision to raise fuel prices in Kenya, some citizens ...

Leveraging Partnerships for Sickle Cell Disease Management: ...

  Unveiling the Afya Dhabiti Project In a landmark move, the Kenyan Ministry of Health has launched the “Sickle Cell Di...

Kenya shelves plan to buy back $2 billion Eurobond due in 2024
Kenya’s National Treasury has abandoned its plan to buy back part of the $2 billion Eurobond that matures in June 2024, saying that investors are not willing to sell before the bond’s maturity date. The Treasury had earlier indicated that it would repurchase at least half of the bond before the end of 2023, as part of its debt management strategy. Investors confident in Kenya’s fiscal policy Treasury Director of Debt Management Haron Sirma told The EastAfrican that the lack of interest from investors to sell their bonds reflects their strong confidence in the government’s fiscal policy stance. He said that the government cannot force investors to sell their bonds, and that it would explore other options to repay the bond in 2024. “Buy back is one of the strategies for 2024 but doubt whether investors are willing to sell before maturity of the bonds. It reflects strong investor confidence on government fiscal p...
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Kenya shelves plan to buy back $2 billion Eurobond due in 2024
Kenya Shelves Plan to Buy Back 2 Billion Eurobond Due in 2024
Kenyan shilling plunges as dollar demand rises

Kenyan shilling plunges as dollar demand rises...

The Kenyan shilling has hit a new low against the US dollar as the local currency faces increased pressure from the high demand for the foreign currency. Customers buying dollars in Kenyan banks are paying as much as Sh154 per dollar, while the official rate set by the Central Bank of Kenya (CBK) is much...

World Bank-Backed Reforms Prompt Kenya to Embrace Market Prices for Corn Procurement

World Bank-Backed Reforms Prompt Kenya to Embrace Market Prices for Corn Procurement...

Kenya is embarking on a significant shift in its corn procurement strategy, marking the first time in three years that it will purchase corn at market prices. This departure from its previous practices is driven by the objective of fortifying its strategic reserves while fostering transparency and predictability...

Kenya's Supreme Court Upholds 2023 Finance Law: A Landmark Ruling

Kenya's Supreme Court Upholds 2023 Finance Law: A Landmark Ruling...

  Affirmation of the 2023 Finance Law The Supreme Court of Kenya recently upheld a ruling from the appeal court that approved the fiscal year 2023 finance law. This decision confirms the legal validity of the finance law for the fiscal year 2023, allowing the government to implement its proposed budget and ...

Kenya diaspora workers now face mandatory welfare levy

Kenya diaspora workers now face mandatory welfare levy...

Kenya is one of the leading sources of remittances in Africa, with an estimated 535,000 Kenyans living abroad as of 2020. The majority of them reside in the United States and the United Kingdom, where they work in various sectors such as health, education, and hospitality. Remittances from the Kenyan diaspora re...

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