The International Monetary Fund has expressed discontent with Kenya’s plan to re-introduce fuel subsidies. This global lender disclosed its concerns about the viability of the scheme, noting that Kenya may not that there is a lack of fund to pay […]
The Indian economy is poised to touch USD 5 trillion next financial year – 2024-25 – and capitalise to double to USD 10 trillion by the end of this decade, said Union Petroleum Minister Hardeep Puri. At present, the Indian […]
The Kenyan government has extended its full support to Kenyans looking to find work overseas. The administration has pledged to secure important bilateral agreements to safeguard its nationals in foreign countries. This is all part of the government’s initiative to […]
Trade relations between Africa and the United States have been evolving, bringing about new opportunities and challenges for both regions. Since its enactment in 2000, the African Growth and Opportunity Act (AGOA) has been at the core of U.S. economic […]
Saudi Arabia’s telecommunications operator Etihad Etisalat (Mobily) has signed a Murabaha financing deal with the Saudi National Bank (SNB) for 4.8 billion riyals ($1.3 billion) . Mobily, an affiliate of the UAE’s Etisalat, will use SAR 3.685 billion to partly […]
More than 250 billionaires and millionaires on Wednesday reiterated their call on elected representatives of the world’s leading economies to introduce higher taxes on the very richest in society. In an open letter to political leaders gathered at the annual […]
O n Jan. 13, President Joko “Jokowi” Widodo, as part of his state visit to Vietnam, visited the VinFast electric automobile and motorcycle manufacturing complex in Hai Phong and received a firsthand look at the Vietnamese brand’s premium electric vehicles. […]
Asian stock market news Hong Kong’s Hang Seng index saw a fall of ~0.61%, with mainland China’s CSI 300 dipping ~0.35% to sit at ~3,284.17 levels. This fall came as China’s consumer price index saw a decline of ~0.3%, less […]
Companies from Türkiye have undertaken tens of billions of dollars worth of infrastructure and superstructure projects in Africa, cementing their rapid expansion in the continent in a drive that has been creating hundreds of thousands of jobs. The contracting firms […]
The United States recently slapped a $222 million fine on the German software company SAP on the grounds of bribery. The company was alleged to have attempted to bribe government officials from several African countries. The bribes were said to […]
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