Finance

JPMorgan Chase Establishes Kenya Office Following Regulatory Approval

• Cedric Malan
• Oct 15, 2024
• 0 Comments

JPMorgan Chase has received approval to establish a representative office in Kenya, marking the end of a 12-year regulatory delay. This move signals the bank's intention to expand its operations within Africa. The CEO of JPMorgan, Jamie Dimon, is expected to visit Kenya as part of a wider tour across four African nations, aiming to strengthen the bank's foothold on the continent. This development highlights Kenya's status as a critical financial services hub.

Politics

Anonymous Warns Kenyan Government: Scrap Finance Bill 2024 or Face Online Uprising

• Cedric Malan
• Jun 20, 2024
• 0 Comments

Anonymous, the hacktivist collective, has sounded an alarm to the Kenyan government to reject the Finance Bill 2024, which would entail higher taxes impacting low-income citizens. They warned of exposing governmental corruption and secrets if the bill passes. The bill has sparked widespread protests, met with severe police backlash.