2024-2-24 20:45 |
The Financial Action Task Force has directed Kenya to step up its efforts in prosecuting money laundering activities. origin »
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Young people across Asia are facing growing struggles in securing decent employment, with millions trapped in low-paying, unstable jobs that offer little room for advancement. A new World Bank report released this week warns that this imbalance could threaten economic progress and social cohesion, as frustrations over inequality and job scarcity continue to spill into […]
Kenya’s President William Ruto on Wednesday withdrew the controversial finance bill that has sparked widespread protests and violence across the nation. The decision comes after the bill, which includes significant tax hikes, was passed by parliament but met with fierce opposition from the public and led to deadly clashes.
Violence broke out again today in the Kenyan capital of Nairobi, as well as several other towns and villages, as the latest in an ongoing protest against both a proposed financial bill and the nation’s president.
The country will now monetize underutilized energy by mining and jointly develop technology projects.
Notable pro-crypto pressure groups in Kenya and the United States have demanded the release of Binance executives held by the Nigerian government since Feb. 26. Last month, two Binance executives—Tigran Gambaryan and Nadeem Anjarwalla—traveled to Nigeria to address the ongoing issues surrounding the exchange’s operations in the African country.
Following a period of feedback collection on central bank digital currencies (CBDCs) earlier this year, Kenya's Central Bank (CBK) has told the public that a CBDC is not a priority.