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    Tensions, Strikes, and a Fragile Ceasefire: Inside the Iran–Israel–U.S. Crisis

    Tensions, Strikes, and a Fragile Ceasefire: Inside the Iran–Israel–U.S. Crisis

    As military strikes rock Iran and a tentative ceasefire settles in, the U.S., Israel, and Iran stand at a volatile crossroads. With nuclear tensions rising and diplomatic talks inching forward, the world watches anxiously.

    10 days ago•World News•
    🔥 100 views
    Kenyan Shilling Maintains Stability Against US Dollar Amid Steady Inflows
    Business

    Kenyan Shilling Maintains Stability Against US Dollar Amid Steady Inflows

    The Kenyan shilling has remained stable against the US dollar in recent trading, quoted around 129.00/50 on May 12 and 129.10/60 on March 26. Analysts credit this stability to strong forex inflows from diaspora remittances and tea exports, which have balanced import demand.

    SOStreamline Official
    May 12, 2025
    Safaricom Projects 50% Profit Surge Driven by Ethiopian Market Turnaround
    Business

    Safaricom Projects 50% Profit Surge Driven by Ethiopian Market Turnaround

    Telecom giant Safaricom announced on May 9 a projected 50% surge in full-year EBIT to KSh 144-150 billion ($1.1-1.2b), up from KSh 97.1b, largely due to sharply reduced losses in its Ethiopian operations. CEO Peter Ndegwa also reported a 10% rise in group revenue.

    SOStreamline Official
    May 9, 2025
    Kenyan Consumer Inflation Edges Up to 4.1% in April Amid Rate Cuts
    Business

    Kenyan Consumer Inflation Edges Up to 4.1% in April Amid Rate Cuts

    Kenya's consumer inflation accelerated to 4.1% year-on-year in April from 3.6% in March, with a 0.3% monthly rise. Despite this increase, inflation remains within the Central Bank's 2.5-7.5% target, providing context to the CBK's recent surprise policy rate cut to 10.0% aimed at spurring growth.

    SOStreamline Official
    Apr 30, 2025
    Kenya's Private Sector Growth Hits 27-Month High in April, PMI Shows
    Business

    Kenya's Private Sector Growth Hits 27-Month High in April, PMI Shows

    The Stanbic Bank Purchasing Managers’ Index (PMI) for Kenya rose to 52.0 in April, its highest in 27 months and firmly above the 50.0 growth mark. This surge was driven by the fastest rise in new orders since early 2022, leading to expanded output and hiring, indicating a broad-based recovery.

    SOStreamline Official
    Apr 30, 2025
    Central Bank of Kenya Delivers Surprise 75bps Rate Cut to 10.0% in April
    Business

    Central Bank of Kenya Delivers Surprise 75bps Rate Cut to 10.0% in April

    The Central Bank of Kenya surprised markets on April 8 by cutting its benchmark rate by 75 basis points to 10.0%, the fifth consecutive cut. This larger-than-expected move aims to stimulate private sector lending and support economic growth, with March inflation at 3.6% providing room for easing.

    SOStreamline Official
    Apr 8, 2025
    EU-Kenya forum deepens digital trade ties
    Business

    EU-Kenya forum deepens digital trade ties

    Nairobi's EU-Kenya Business Forum in May 2025 spotlighted Kenya's ambitious digital economy strategy, aiming to significantly boost exports through enhanced digital trade ties with the European Union. Key initiatives include a 100,000 km fibre backbone and 1,450 digital hubs.

    SOStreamline Official
    May 1, 2025
    Kenya’s inflation rises to 4.1% in April
    Business

    Kenya’s inflation rises to 4.1% in April

    Kenya's annual inflation rate surged to an eight-month high of 4.1% in April 2025, primarily fueled by escalating food prices due to shortages of staples. The Central Bank governor warns of further increases if supply issues are not resolved.

    SOStreamline Official
    Apr 1, 2025
    Kenyan startups secure record Q1 funding
    Business

    Kenyan startups secure record Q1 funding

    Kenyan tech startups achieved a record-breaking KSh12.93 billion (≈$90m) in Q1 2025 funding, matching Nigeria and South Africa, with fintech leading the charge. Despite this success, a significant gender gap persists, with female-led ventures receiving only about 2% of the total.

    SOStreamline Official
    Mar 31, 2025
    Kenya's 2025/26 budget proposals avoid new taxes after last year's riots
    Business

    Kenya's 2025/26 budget proposals avoid new taxes after last year's riots

    Kenya’s government has proposed a 2025/26 budget that avoids new taxes and focuses on spending cuts, following last year’s protests over new levies

    SOStreamline Official
    May 7, 2025
    Kenya's economy grew 5.1% year-on-year in Q4
    Business

    Kenya's economy grew 5.1% year-on-year in Q4

    Kenya’s economy grew 5.1% year-on-year in Q4 of 2024, with agriculture and finance boosting growth, while mining and construction contracted

    SOStreamline Official
    May 6, 2025
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