NEWS HEADLINES 1. Kenyan Shilling vs Dollars & other currencies : Stable 2. Kenya's foreign reserves jumped by USD 144 Million to hit 10,308 Million U.S Dollars: 4.6 months of import cover 3. Equity Bank fires over 200 staff, targets 1,600 more after a Kshs 1.5 billion M-Pesa payroll insider fraud audit exposee 4. State extends NHIF employees contracts for 6 Months for smooth SHA transition 5. Ten Million Kenyans, Hustler Fund borrowers, who have since disappeared owe a total of Sh6 billion. The state is considering writing the debt off 6. Family courts across the country will dedicate the coming week to hear and determine all pending succession (inheritance) cases 7. The gov't is set to borrow Ksh591 billion from the local market in the upcoming financial year, a move that could deal a blow to Kenyans who rely on local banks to finance their businesses 8. Treasury CS John Mbadi says that funding from the International Monetary Fund (IMF) was omitted from the 2025/26 Budget over uncertainty 9. Jobs for thousands of Kenyans are hanging in the balance as companies exporting products to the US express fears over the impending lapse of the African Growth and Opportunity Act (AGOA) 10. The 40th East African Community Sectoral Council on Trade, Industry, Finance and Investment wrapped up in Arusha, Tanzania 11. Sudan's Minister of Interior presented a comprehensive plan to safeguard civilians, to the UN Security Council aimed at countering foreign interference in Sudan’s internal affairs 12. Sixteen Boko Haram militants were killed by the military after they attempted to infiltrate the 25 Taskforce Brigade headquarters in Damboa, Nigeria 13. Egypt repatriated 71 of its citizens from Libya amid rising tensions in the capital Tripoli 14. Harvard University sues U.S. government over revocation of school's authority to enroll international students 15. The U.S. will sanction Sudan over its use of chemical weapons in 2024, the State Department said on Thursday. The sanctions will include export restrictions and limits on government credit from around June 6 16. Chinese President Xi Jinping holds phone talks with German Chancellor Friedrich Merz 17. The United States Department of Justice (DOJ) has announced the recovery of about $2.5 million from fraudulent crypto schemes 18. Hyperliquid leads with $3.4M in daily fees, followed by Tron and Solana at $2M each 19. Tether plans to focus on markets outside the U.S. as Congress debates new stablecoin regulations 20. Elon Musk owned social platform X (former twitter) suffers a major large-scale outage