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Kenya Matatu Strike Suspended, 12 Killed in Fuel Protests
Matatu operators suspended their nationwide strike for seven days following meetings with government officials. At least 12 people were killed during protests across Kenya against rising fuel prices, including a 22-year-old engineering student shot dead in Kakamega. The strike was a protest against soaring fuel prices that impacted transport operators and the public. Deputy President Kithure Kindiki praised matatu operators for heeding the government call to end the strike. However, Deputy President Rigathi Gachagua accused senior government officials of offering bribes to matatu operators to call off their planned strike. Passengers relying on public transport faced significant challenges during the strike, while fishermen on Rusinga Island in Homa Bay reported financial losses due to increased fuel costs.
Kenya to face South Africa, Eritrea and Guinea in AFCON 2027 qualifiers
Kenya has been drawn to compete against South Africa, Eritrea, and Guinea in the AFCON 2027 qualifiers, marking the first time the nation will host the continental tournament alongside Tanzania and Uganda. The Harambee Stars learned their opponents for the 2027 AFCON, with qualifiers scheduled to begin in September 2026. Meanwhile, the Junior Starlets, Kenya's under-17 women's national football team, arrived in Uganda for a series of build-up matches ahead of their 2024 FIFA U-17 Women's World Cup qualifiers. These football developments occurred amid the nationwide matatu strike over fuel prices.
Government adds 97,000 new taxpayers, shifts to private capital for infrastructure
The Kenyan government announced that nearly 97,000 new individuals contributed revenue within a four-month period, paying Sh7.8 billion in taxes. Simultaneously, the government signaled a significant shift in its approach to funding major infrastructure projects, moving away from heavy reliance on borrowing toward private capital and pensions. The Kenya Revenue Authority also intensified its efforts to combat illicit cross-border trade. These developments represent new approaches to funding national development in Kenya.
PS Raymond Omollo warns against goonism in Homa Bay politics
Principal Secretary Raymond Omollo discussed the concerning rise of goonism in Homa Bay politics and its implications for national security in a full interview. He highlighted the challenges faced in maintaining order and ensuring a secure environment in the county. Separately, chaos erupted in the Narok County Assembly as Members of the County Assembly engaged in fistfights during a debate over an ouster motion. The Narok County Assembly also saw chaos when MCAs opposed intricate changes to leadership positions, with ward representatives physically altercating and exchanging blows.
Equity Bank posts 24 percent profit growth in first quarter
Equity Bank Group announced a significant 24 percent increase in its profit after tax for the first quarter of the year, reaching 19.1 billion shillings. The bank's profits soared to Sh18.3 billion, marking a record financial performance that highlights its robust growth and strong market position. Equity Group's balance sheet reached a significant milestone, hitting KSh2.04 trillion. This financial achievement comes amidst ongoing developments in Kenya's banking and economic sector.
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