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JUST IN: KBA Urges Banks to Respond Swiftly to CBK’s Rate Cuts and Lower Loan Costs for Consumers 

  The Kenya Bankers Association (KBA) has confirmed that several banks have started reducing loan interest rates, effective this December. This announcement follows a series of recent monetary adjustments by the Central Bank of Kenya (CBK) aimed at easing borrowing costs for consumers and businesses. In a statement issued on Sunday, December 8, 2024, KBA noted that select banks have already begun notifying their customers about the reduction in loan rates. According to KBA Chairman John Gachora, this reduction will occur progressively, aligning with the recent drop in the benchmark lending rate. “Individual banks are issuing the requisite notices to customers
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JUST IN: Russia Opens Doors to Kenyans with New Single Electronic Visa 

  Kenyans can now travel to Russia using a single electronic visa, following approval by the Russian government. The Russian Embassy in Kenya confirmed yesterday that Kenya, Eswatini, and Zimbabwe have joined the list of eligible countries for this visa, which facilitates travel to Moscow and other regions of Russia. The single electronic visa grants travelers the right to enter Russia once for purposes such as tourism, business, or personal visits. It also allows participation in scientific, cultural, socio-political, economic, and sporting events, enabling broader connections and collaborations. Valid for 60 days from the date of issuance, the visa permits a
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JUST IN: Government Explains Delay in Reconstituting IEBC Amid Public Pressure 

  Deputy President Kithure Kindiki has addressed the government’s delay in reconstituting the Independent Electoral and Boundaries Commission (IEBC), citing a court injunction as the primary obstacle. His remarks come amid increasing pressure from opposition leaders and concerned citizens. Speaking during a church service at Chebuyusi Boys High School in Navakholo, Kakamega County, Kindiki explained that legal proceedings have stalled the recruitment process for new IEBC commissioners. “The reason there is no IEBC at the moment is because some Kenyans went to court,” Kindiki stated. “There is an injunction against establishing the recruitment panel that is supposed to appoint IEBC commissioners.”
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JUST IN: 28 civilians killed in Khartoum shelling as Sudanese army advances 

  A fuel station located in an area controlled by the Rapid Support Forces (RSF) came under shelling, in Khartoum on Sunday. It resulted in the deaths of 28 civilians. The attack also left 37 people injured, including 29 who suffered from severe burns and others who sustained shrapnel wounds. The South Belt Emergency Response Room,
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JUST IN: Russia expands electronic visa access to include Kenya 

  In a move set to ease travel for African citizens, the Russian government has expanded its electronic visa program to include more countries. Now, travelers from Kenya, Eswatini, and Zimbabwe can visit Russia with just a single electronic visa. Making the process more accessible and convenient for citizens of these nations. This expansion is a
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JUST IN: Ghana’s Former President Mahama Wins Election  

  Ghana’s former President John Dramani Mahama staged a political comeback by winning the West African nation’s presidential election after his rival Vice President Mahamudu Bawumia conceded defeat on Sunday. Addressing a press conference from his residence, Bawumia said he had called Mahama to congratulate him, adding that Mahama’s National Democratic Congress (NDC) also won the […]
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