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Finance
JPMorgan Chase Establishes Kenya Office Following Regulatory Approval
- Cedric Malan
- Oct 15, 2024
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
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.