The African Union (AU) has been granted permanent membership of the Group of Twenty (G20), a group of the world's 20 largest economies

Political Parties Dispute Tribunal suspends expulsion of Gem MP Elisha Odhiambo from ODM, until application challenging his ouster from the party is determined

BREAKING: Russia's Putin calls Elon Musk a 'distinguished man'

CBK Board Chairperson nominee Andrew Musangi reports net worth at Sh1.2bn with portfolios in real estate, stock exchange.

MUSANGI says he resigned from Jubilee Party after tenure as NEB Chairperson, wasn't involved in 2022 General Election.

🇺🇸 US business bankruptcy filings rose 23% in the twelve-month period ending June 30, 2023, compared with the previous year.

BREAKING NEWS: Communications Authority Director General Ezra Chiloba resigns

KENYA's debt rises by Sh1.8tn to stand at Sh10.6tn on account of external loan disbursements, forex fluctuations, new loans.

Kenya Airways is canceling flights as it does not have enough crew.

Over seventeen flights have been delayed in the last two days while 6 were cancelled yesterday and 5 have been cancelled today.

World Bank set to spend Sh23 billion in financing small businesses with 45,000 Kenyans expected to benefit.

BANKING: The merger between Equity Bank Rwanda & Cogebanque is effective Dec 31st, 2023, all necessary regulatory approvals have been secured.

Countries that have entered recession today:

🇯🇵 Japan
🇬🇧 United Kingdom

New Zealand enters recession

UNITED STATES: 47% of parents are providing 'financial assistance to their adult children', with an average of $1400 a month given to help cover expenses such as bills and rent, according a report by CBS News

MARKETS: Cocoa prices hit new record high, are now up 38% over the past month.

China's yuan has fallen to its weakest level in four months

BBC reports that scientists have 'successfully eliminated HIV from infected cells' by using Crispr technology that works 'like scissors, but at the molecular level' to 'cut DNA so bad bits can be removed or inactivated'

AVIATION: American pilot sentenced to 10 months jail after preparing to fly a trans-Atlantic flight while drunk and at almost two and a half times the alcohol limit

GOVERNOR Mwadime orders reopening of licenced bars in Taita Taveta shut down by police; cites exclusive licencing mandate.

Trump Is Now Richer Than George Soros

According to the Bloomberg Billionaires Index, former US President Trump is richer than George Soros.

As of Friday, Trump ranks 350 on the list, while Soros is 377. Trump's wealth is estimated at $7.48 billion, while Soros has $7.16 billion.

The richest people on the list are Bernard Arnault, Jeff Bezos, and Elon Musk.

Bank of Kigali leaves Kenya.