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Observers Report on Kenyan By-Elections Amid Violence and IEBC Challenges
The Elections Observation Group (ELOG) reported instances of clashes, intimidation, and unauthorized access at polling stations during recent by-elections in Kenya, raising concerns about the integrity of the process. Political analysts are also examining the aftermath, highlighting low voter turnout, violence, and widespread bribery claims. The Independent Electoral and Boundaries Commission (IEBC) is addressing challenges in the upcoming by-election. Despite these issues and isolated incidents of violence, ELOG also commended the IEBC for conducting what it described as transparent polls in various areas.
KQ Issues Profit Warning; Safaricom and Equity Group Announce Major Financial Moves
Kenya Airways (KQ) has issued a full-year profit warning, citing a significant decline in earnings. The airline attributed this downturn primarily to the grounding of three of its Dreamliner aircraft. In other corporate news, Safaricom is addressing rising energy costs by issuing the country's largest green bond. This move is intended to diversify the company's energy sources and ensure greater operational stability. Separately, Equity Group CEO Dr. James Mwangi has called for immediate reforms to enhance regional capital flows. The proposed reforms aim to solidify Kenya’s position as East Africa’s trade hub.
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Political Analysts examine by-election aftermath: Low voter turnout, violence, and bribery Claims
