David Herbling

Nairobi

Educator. Observer. Afro-optimist. Think & do. Corre @BloombergAfrica| Half-marathons keep my think clear. 2015 @AlfredFriendly fellow-@chicagotribune (own op)

Featured in: Favicon

bloomberg.com Favicon

msn.com

indiatimes.com (+1) Favicon

washingtonpost.com Favicon

time.com

yahoo.com (+10) Favicon

sfgate.com Favicon

smh.com.au Favicon

aljazeera.com Favicon

chicagotribune.com + 89 more

Articles

Kenyan Tinderbox Faces Protest-Anniversary Test

1 week ago | bloomberg.com | David Herbling

Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. The sight of hundreds of hooded motorcyclists clubbing and whipping mostly Gen Z demonstrators in Nairobi this week took protests in the Kenyan capital to a dangerous new level.
Kenya Lawmakers Rebuff Treasury Plans to Scrap Some Tax Breaks

1 week ago | news.bloomberglaw.com | David Herbling

Kenyan lawmakers turned down Treasury’s proposals to scrap tax breaks on a range of goods and services, citing concerns over inflation and dwindling investor confidence. The National Assembly vetoed the removal of tax exemptions on mobile phones, motorcycles, electric bicycles, solar and lithium-ion batteries, electric buses, and inputs for the manufacturing of animal feed, according to a live telecast of proceedings in the capital, Nairobi, on Thursday.
Kenya Lawmakers Rebuff Treasury Plans to Scrap Some Tax Breaks

1 week ago | bloomberg.com | David Herbling

Kenya's National Treasury building in Nairobi, Kenya. (Bloomberg) -- Kenyan lawmakers turned down Treasury’s proposals to scrap tax breaks on a range of goods and services, citing concerns over inflation and dwindling investor confidence.
Whip-Wielding Bikers Attack Kenya Protesters, Dozens Hurt

1 week ago | bloomberg.com | David Herbling

Protesters throw back tear gas canisters at Kenya anti-riot police as clashes erupt during a demonstration in downtown Nairobi on June 17. (Bloomberg) -- Hooded motorcyclists armed with whips and clubs attacked crowds protesting alleged police violence in two of Kenya’s biggest cities, leaving at least 23 people injured. Police used teargas to disperse thousands of demonstrators in Nairobi and Mombasa, forcing many businesses to remain shuttered.
Tullow’s Kenya Sale Can’t Proceed Until Buyer Submits Field Plan

1 week ago | news.bloombergtax.com | David Herbling |Paul Burkhardt

Tullow Oil Plc’s $120 million agreement to sell its Kenya oil discoveries will only come to fruition once the buyer sets out a plan for development, the regulator said. Tullow agreed to sell the fields to Gulf Energy Ltd., a Nairobi-based oil and gas trader, in April after struggling for more than a decade to bring them on stream. The development plan became a stumbling block for the company, and it ultimately offloaded the finds to focus on legacy assets in West Africa.
Tullow’s Kenya Sale Can’t Proceed Until Buyer Submits Field Plan

1 week ago | news.bloomberglaw.com | David Herbling |Paul Burkhardt

Tullow Oil Plc’s $120 million agreement to sell its Kenya oil discoveries will only come to fruition once the buyer sets out a plan for development, the regulator said. Tullow agreed to sell the fields to Gulf Energy Ltd., a Nairobi-based oil and gas trader, in April after struggling for more than a decade to bring them on stream. The development plan became a stumbling block for the company, and it ultimately offloaded the finds to focus on legacy assets in West Africa.
Kenya Police Boss Steps Down for Murder Probe Amid Protests

1 week ago | bloomberg.com | David Herbling

Protesters block traffic during a march over the death of Albert Ojwang in Nairobi, on June 9. (Bloomberg) -- Kenya’s Deputy Inspector General Eliud Lagat agreed to “step aside” to allow for a probe to be carried out into the death of a man while in police custody. The move may help diffuse tensions in the East African nation, where citizens had been expected to hold protests Tuesday demanding Lagat’s resignation.
IMF Team Lands in Kenya to Assess Impact of Corruption

1 week ago | bloomberg.com | David Herbling

Nairobi, Kenya(Bloomberg) -- An International Monetary Fund mission is in Kenya for two weeks to assess the impact of corruption on public finances, with the findings expected to inform a new program requested by the government. The findings of the so-called governance diagnostic will be shared with Kenyan authorities for their input before the end of 2025, and will be published once they give their consent, according to the lender.
East Africa Plans Spending Boost to Offset Global Risk, Aid Cuts

2 weeks ago | bloomberg.com | David Herbling

Pedestrians in the financial district in Nairobi, Kenya in June. (Bloomberg) -- East African finance chiefs increased planned spending to a record to sustain economic growth and mitigate the effects of geopolitical risks and cuts in foreign aid. Kenya, Rwanda, Tanzania and Uganda’s finance ministers presented their budget speeches on Thursday.
Kenyan Police Disperse Protesters as Government Presents Budget

2 weeks ago | bloomberg.com | David Herbling

A protester returns a teargas shell following clashes with anti-riot police ahead of the budget presentation in Nairobi, Kenya, on June 12. (Bloomberg) -- Kenyan police used teargas to disperse demonstrators in the nation’s capital Nairobi on Thursday, as Treasury Secretary John Mbadi was set to unveil the 2025-26 budget. Hundreds of people gathered to protest extra judicial killings after a blogger died in police custody over the weekend.