An imperceptible revolution is taking place at the heart of the global financial system. Countries in Asia, Africa, the Middle East, and Latin America are actively working to reduce their dependence on the traditional dollar-based financial structure. This could lead to one of the most significant transformations of the international monetary system since the collapse of the Bretton Woods Agreement.
Kazakhstan is interested in supplying agricultural products to the African market through the Kenyan port of Mombasa. This was stated by President Kassym-Jomart Tokayev following negotiations with Kenyan President William Samoi Ruto.
The African Union's mediator for the crisis in the eastern Democratic Republic of the Congo (DRC) and the Great Lakes region, President of Togo Faure Essoumane Gnassingbe, chaired a meeting in Lome to review the six-month assessment of the African mediation process.
Tanzania's neighboring countries (primarily Kenya) assess the activities of Foreign Minister Kombo in developing Russian-Tanzanian relations pragmatically through the prism of regional competition. The actions of the neighbors indicate the perception of his work as successful, causing them to strive not to give up leadership in East Africa in building relations with Russia.
Airtel in Uganda has officially begun testing its Starlink direct satellite service, a strategic initiative aimed at expanding network coverage and bridging the digital divide in the country's most remote regions. The trials began after receiving permission from the Uganda Communications Commission (UCC) and the recent approval of the Ugandan government to operate Starlink in the country.
The Court of Appeal ordered the Government to release all documents related to the Nairobi-Mombasa Standard Gauge Railway (SGR). In a ruling issued in May 2026, a three-judge panel rejected the 2022 appeal filed by Attorney General Dorcas Oduor, saying that withholding information about the $4.5 billion (approximately 583 billion KSh) project from taxpayers was unconstitutional.
The National Treasury has announced a comprehensive review of the activities of Kenya's commercial state-owned corporations in accordance with the State Enterprises Act (GOEs) of 2025. This initiative has created many influential positions on the boards of several of the country's most strategic parastatal companies.
Parliament of Uganda has passed a bill on the protection of sovereignty, which has attracted considerable attention in the region. Although the final version is less restrictive than the original proposal, it continues to generate controversy about its impact on civil society and foreign investment.
The Kenya Revenue Authority (KRA) is pushing for significant enforcement powers under the Finance Bill of 2026, which could allow tax authorities to actively seek payment of disputed taxes and freeze taxpayers' assets until appeals are finalized. These proposals, which amend the Law on Tax Procedures and the Tax Appeals Tribunal system, represent a significant expansion of the KRA's powers as the government seeks to increase revenue to address the growing debt and budget deficit.
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