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Kenya
Sunday, April 26, 2026
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Biwott Family Sells Off Posh Yaya Centre Mall

The Nicholas Biwott family has sold the Nairobi Yaya Centre shopping complex to a consortium of investors for billions of shillings. 

The Kilimani complex is one of Kenya’s oldest premium shopping malls and has been linked to former Cabinet Minister Nicholas Biwott, a billionaire politician and businessman. 

Biwott died in July 2017, leaving behind prime real estate in Kenya and abroad. 

The wealthy Rasik Kantaria family is one of the new Yaya Centre owners, expanding their investment in the hospitality industry. 

The transaction was valued in billions of shillings, according to sources familiar with the transaction and publicly available information.

In 1997, the High Court granted H.Z. Engineering and Construction Company, owned by Biwott, ownership of the Yaya Centre after a court battle.

The sale of Yaya Centre marks a significant wealth distribution to the Biwott family heirs, who also liquidated the former minister’s shareholding in oil marketing company KenolKobil to French multinational Rubis in another multi-billion-shilling transaction.

The Kantarias, headed by family patriarch Rasik Kantaria, are best known for their ownership of Prime Bank, which serves a loyal niche of medium-sized to large enterprises.

The Yaya Centre acquisition, executed quietly from 2020 amid the Covid-19 pandemic, deepened their foray into the hospitality business.

The Kantarias also own the Capital Centre mall along Mombasa Road, a middle-class targeted shopping complex that houses more than 60 stores and restaurants. They also own the plush West End in Nairobi.

EACC to Do Away With Corruption In New Revised Strategic Plan 2023-2028

The Ethics and Anti-Corruption Commission (EACC), hosted a stakeholders’ forum on Friday to validate its revised Strategic Plan for the years 2023–2028. 

Chairperson Dr. David Oginde presided over the forum, which was sponsored by United Nations Office On Drugs And Crime (UNODC) and held at the Safaripark Hotel. He was joined by EACC Commissioners and CEO Twalib Mbarak.

Representatives from the executive, legislative, judicial, independent, private, religious, and civil society sectors were present during the validation workshop. EACC got a resounding amount of feedback on the actions Kenyans want to see performed to reduce waste and corruption in government.

Dr. David Oginde, the forum’s chairperson, who took office on May 9, 2023, said that he has so far identified four key causes of corruption in the nation: impunity, moral failure, greed fueled by a “scarcity mentality,” and spiritual bankruptcy.

“Our strategic goal is to eradicate corruption and enhance ethical conduct in Kenya. People say that corruption can not be eradicated, but EACC will attempt to do so. We will have a special focus on highly influential persons and highly exposed persons,” said Dr.Oginde.

CEO Twalib Mbarak stated that the EACC has taken into account Kenya’s distinctive social, economic, political, and cultural setting when designing its Strategic Plan 2023–2028 in order to assure the effectiveness of the new policies. On June 30, the previous Strategic Plan came to an end.

In addition to the Commission’s methods being considered to direct the work moving forward, Dr. Oginde informed the forum that he will share his main accomplishment(s), as well as key findings on what ails our homeland and what EACC is doing about it, at the conclusion of his first 100 days in office.

Ukrainian Drone Strikes Russian Oil Tanker, Posing War Risk

Writtten By Lisa Murimi

Tensions between Ukraine and Russia have escalated once again, with Ukraine reporting an incident involving a sea drone hitting a Russian oil tanker in the Black Sea.

This development has raised the international alarm and further complicated the ongoing conflict between the two neighbouring countries.

The attack on the Russian oil tanker adds to the complexity of the situation, with both sides engaging in aggressive actions that could have far-reaching consequences for regional stability.

Ukraine officials have not yet released specific details about the sea drone attack, but it has deepened the rift between the nations and raised questions about the potential involvement of unmanned military technology.

Diplomatic efforts to de-escalate tensions have become even more critical, with the international community calling for restraint and a peaceful resolution to avoid further escalation.

The fluid and unpredictable situation in the region requires efforts to prevent further violence and find a path towards peaceful negotiations.

A stable and peaceful resolution is essential for Ukraine and Russia, as well as global peace and security.

The international community must continue to engage with both parties to find a way forward and prevent the situation from spiraling out of control.

Kenya Government Sets Out To Buy Back Eurobond 

Written By Lisa Murimi

The Kenyan government’s recent announcement of its intention to buy back part of the 2 billion dollar Eurobond has triggered a wave of negative sentiments and concern both domestically and internationally.

Global rating agency Moody’s has gone as far as comparing this move to a potential default, raising alarm bells about Kenya’s fiscal stability and credibility in the global financial markets.

The decision to repurchase a portion of the Eurobond, which was initially issued to raise funds for development projects, has been met with scepticism.

The move comes amid a backdrop of economic challenges and mounting debt burdens for Kenya.

While the government claims it aims to take advantage of favourable market conditions to reduce its debt levels, critics argue that this buyback may be a sign of financial distress and liquidity issues.

Moody’s assessment of this move as a potential default has added further pressure on Kenya’s financial reputation.

A downgrade in the country’s credit rating could have adverse effects on foreign investments, access to international capital markets, and overall economic growth.

The Kenyan government faces a delicate balancing act to reassure investors and creditors about its commitment to sound fiscal management while addressing pressing development needs.

Transparency and clear communication on the government’s debt management strategy will be crucial in dispelling concerns and maintaining investor confidence.

As the situation unfolds, it remains imperative for the Kenyan government to implement prudent fiscal policies, promote transparency, and foster confidence in its financial systems to navigate through these challenging times and maintain a stable economic footing.

The global financial community will closely watch how the Kenyan authorities handle the situation in the coming months, and any missteps could have far-reaching consequences for the nation’s financial standing.

Deadly Georgia Landslide Kills 16

At least 16 people were killed and dozens were missing after a landslide at a resort town in northwestern Georgia, officials said Saturday.

The landslide took place on Thursday in Shovi, a small resort town in Georgia’s mountainous northwest famed for its vast forests and mineral water springs.

“Sixteen bodies have been found in the disaster area and their identification is underway,” said Teimuraz Mghebrishvili, from the interior ministry.

Images showed rescue workers picking through debris partially buried by earth, while teams worked to shift the soil.

“An iron bridge over the river was organised, which will allow us to bring all the necessary equipment into the disaster area,” Mghebrishvili said.

More than 200 people were evacuated from the area, officials said Friday, as helicopters and rescue dogs were dispatched to help with the search efforts.

Shovi, located in a remote valley about 140 kilometres (87 miles) northwest of the capital Tbilisi, lies on the confluence of two rivers.

The Red Cross said bridges and roads in the area had been destroyed.

One survivor said she spent two hours half-buried in the landslide.

“We suddenly heard a dreadful rumble, and trees began to fall around us,” Mariam Berianidze, a 25-year-old student, told AFP.

She said in an earlier post on social media that she saw three people swept away before her eyes.

Merab Gaprindashvili, a geologist from Georgia’s National Environmental Agency, said Thursday’s landslide was caused by a combination of factors and was unlikely to happen again.

“In particular, there are two glaciers in the headwaters of the river, which are intensively melting. This was accompanied by heavy rainfall,” he said in a televised interview.

Russia’s Patriarch Kirill expressed “his deepest condolences in connection to the tragedy” to the head of the Georgian Orthodox church, Patriarch Ilia II.

“I grieve together with the people of fraternal Iveria and hope that the search and rescue operations… will bring good news to everyone who is worried about the fate of their loved ones,” Kirill said.

Heavy rains and flooding are fairly common in Georgia, where steep slopes pose a risk of landslides.

In 2008, six people were killed by a landslide in the southern Black Sea region of Adjara.

‘Lion King’ Broadway Actor Dies At 47

Clifton Oliver, a 47-year-old Broadway actor who starred in the Lion King, has passed away due to an undisclosed illness.

Born on December 3, 1975, in Jacksonville, Florida, Oliver moved to New York in 2010 to pursue a career on Broadway.

He starred as Simba in the highest-grossing Broadway show of all time, “The Lion King,” and also appeared in “Wicked” and “In the Heights.”

The Broadway community honored his life with commemorative posts on social media, including a post on the official Instagram page of “The Lion King.”

The New Amsterdam Theatre in New York City will dim its lights at 5 p.m. ET on Tuesday, August 8, to honour his legacy.

Government Taken To Court Over Move To Backdate Housing Fund

Six Civil Society Organisations (CSOs) have appealed against the government’s decision to backdate Housing Fund taxes in the Finance Act, 2023.

The backdated levy was lifted after the Appellate Court lifted conservatory orders, allowing the government to implement critical taxes.

The petitioners argue that the ruling poses an immediate risk to Kenyans’ lives and livelihoods.

Lobby groups also challenged the Act, claiming it violates Articles 10 and 201 of the Constitution by imposing retrogressive tax measures that burden low-income earners excessively and threaten their right to life and livelihood.

Kenya Human Rights Commission (KHRC), Katiba Institute, The Institute for Social Accountability (TISA), Transparency International Kenya, the International Commission of Jurists – Kenya, Siasa Place, and Tribeless Youth are among the petitioners.

The respondents in the case are the National Assembly and the Attorney General, with the Law Society of Kenya listed as an interested party.

The Kenya Revenue Authority (KRA), which has been designated as the collection agent, has ordered employers to remit their 1.5 percent contribution, as well as a similar rate for their employees.

CS Chirchir: New Green Energy Project To Lower Power Costs

Davis Chirchir, Secretary of the Energy and Petroleum Cabinets, has stated that the government plans to review power costs in the country following the completion of a green energy project in West Pokot County.

He stated that the 220k Turkwel-Ortum-Kitale transmission project will connect Ortum load centres to the National Grid while receiving two transformers at the Ortum Sub Station.

“We have had constraints evacuating power to all the power generations from the solar plants like Sendet and Selekei towards Eldoret. This inhibits us from generating power from Turkwel thus an overload from the line. After completing the plant, it will provide an alternative evacuation path for the Turkwel hydropower plant,” he said.

CS Chirchir added that this would improve access to reliable power while also providing a backup transmission evacuation route for the Turkwel power plant.

According to the CS, the power that has not been evacuated is the cheapest in the country.

Kenya has been plagued by transmission and technical failures, which have increased business costs.

Thousands Want ‘Authoritarian’ Angola President Out Of Office

UNITA, a former rebel group turned political movement that lost a disputed election last year, has said it wants to initiate a parliamentary process to remove Lourenco from office, accusing the 69-year-old of being authoritarian.

“Someone is responsible for famine, unemployment and the jailing of demonstrators. Who is he?” UNITA leader Adalberto Costa Junior asked a crowd of supporters waving red and green flags — the party colours — in Luanda.

“Joao Lourenco!” came the reply.

The demonstration was organised to celebrate the birthday of former UNITA leader Jonas Savimbi, whose death at the hands of the army in 2002 marked the end of a 27-year civil war between UNITA and Lourenco’s ruling Popular Movement for the Liberation of Angola (MPLA).

But it was used to pile pressure on the government amid popular discontent at poverty, corruption and a shaky economy.

“UNITA is trying to capitalise on the widespread social discontent in society,” said independent analyst Marisa Lourenco, who is not a relative of the president’s.

The oil-rich southern African nation has experienced a wave of protests since the government cut subsidies for petrol in June.

The move was aimed at curbing government spending, as the economy suffers from a slide in oil prices that has weakened the local currency, the kwanza. But it resulted in unpopular sharp fuel price hikes.

“We have a government that does not deserve Angolans,” Costa Junior said.

“Down with the robbers, down,” chanted the crowd.

Under Angola’s constitution, the president can be removed from office if he is considered to have committed acts that threaten democracy.

But UNITA is yet to say when it intends to initiate proceedings and has been scant on details over the specific charges against Lourenco.

The opposition might be hoping to exploit divisions within the ruling party via a secret ballot but observers say the initiative is unlikely to succeed.

Removing the president requires a two-thirds majority vote in parliament and support from the courts. The MPLA, in power since 1975, controls both, said Lourenco, the analyst.

The MPLA has dismissed UNITA’s efforts to remove the president as “unserious” and “undemocratic”.

Naivasha-Nakuru Highway Accident Kills Four

Four passengers were killed in a three-vehicle accident on the Naivasha-Nakuru highway near Morendat.

Following the midnight accident, three others were seriously injured and rushed to the Naivasha Level 4 hospital.

The incident was confirmed by Naivasha sub-county police commander Benjamin Boen.

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