Video News
Matatu Operators Suspend Nationwide Strike After Week of Protests
Matatu operators suspended their nationwide strike for seven days following discussions with government officials. The strike, which began earlier this week, was a protest against rising fuel prices that caused significant disruption to public transport across Kenya. At least 12 people died during protests against the rising cost of fuel, with reports indicating 20 injuries. A 22-year-old engineering student was shot dead in Kakamega during the protests. Deputy President Kithure Kindiki praised matatu operators for heeding the government's call to end their strike over high fuel prices. However, Deputy President Rigathi Gachagua accused unnamed senior government officials of offering bribes to matatu operators to call off their planned strike.
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. This marks the first time the nation will host the continental tournament alongside Tanzania and Uganda. The Harambee Stars learned their opponents for the 2027 AFCON following updates on a nationwide matatu strike due to rising fuel prices. 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. Junior stars are also set to compete in a U-17 World Cup qualifier.
Government Adds 97,000 New Taxpayers, Shifts to Private Capital for Infrastructure
The Kenyan government announced that nearly 97,000 new individuals have contributed revenue within a four-month period, paying Sh7.8 billion. The government is signaling 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 is intensifying its efforts to combat illicit cross-border trade. Separately, Shelter Afrique Development Bank and the International Finance Corporation signed a memorandum of understanding to boost affordable housing and urban development funding across Africa.
Equity Bank Posts 24 Percent Profit Growth in First Quarter
Equity Bank Group announced a 24 percent increase in its profit after tax for the first quarter of the year, reaching 19.1 billion shillings. This latest earnings report highlights the bank's robust growth and strong market position. The balance sheet of Equity Group reached a significant milestone, hitting KSh2.04 trillion. This financial achievement comes amidst ongoing developments in Kenya's banking sector.
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. The interview highlighted the challenges faced in maintaining order and ensuring a secure environment. A Tuesday afternoon sitting at the Narok County Assembly descended into chaos as Members of the County Assembly engaged in fistfights over an ouster motion. The mystery surrounding the arrest and subsequent unconditional release of the Officer in Charge of Central Police Station, Chief Inspector Dishon Angoya, deepens.
