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A fierce political battle over tax policy is engulfing the UK government, with Prime Minister Keir Starmer forced to defend his chancellor. The outcome could have significant ripple effects for the Kenyan economy.
Beyond record-breaking remittances, the four-million-strong Kenyan diaspora is shaping global culture, sport, and technology, forging a new brand of soft power that is becoming one of the nation's most valuable exports.
**A new report finds conflicts in Ukraine and Gaza fueled a historic surge in weapons revenue in 2024, pushing sales to their highest levels ever recorded and raising urgent questions about stability and budget priorities in East Africa.**
Major lenders including KCB and Absa are now rolling out a new transparent pricing formula, tying loan rates to a market benchmark. This could lower borrowing costs for millions of Kenyans with good credit histories.
<strong>A United Nations committee has published damning findings, alleging a 'de facto state policy' of torture against Palestinians in Israeli detention, a situation it notes has 'gravely intensified' since October 2023.</strong>
