On Friday, global stocks experienced a downturn as recent U.S. inflation data exceeded expectations. With Europe set to release its consumer price data, there’s rising anticipation about central banks possibly…
Economy
-
-
Africa is facing a health crisis that disproportionately affects women and children. According to the Global Financing Facility (GFF), a partnership that supports low- and middle-income countries to improve their…
-
Bolt, a leading ride-hailing company, has reaffirmed its commitment to the Kenyan market and its compliance with the regulations despite facing a possible suspension of its operations by the end…
-
Kenya is strategizing to repurchase up to 25% of its $2 billion international bond expiring in 2024. This initiative comes in anticipation of acquiring new loans and is designed to…
-
On Wednesday, the Kenyan government ended its 6-year collaboration with Cuba. Under this program, Cuban medical professionals worked in Kenya, while Kenyan medics received specialized training in Cuba. The notable…
-
Poland has announced that it will extend its temporary border control with Slovakia until November 2, as part of its efforts to prevent illegal migration through its territory. The interior…
-
Tanzania has made history by unveiling its first-ever homemade aircraft, the Skyleader 600, at a manufacturing expo in Dar es Salaam. The two-seater plane, which is designed for business trips,…
-
South Africa’s government has unveiled a bold plan to boost its economy by handing over most of the responsibility for its struggling rail and port sector to the private sector.…
-
The International Monetary Fund (IMF) has slashed Nigeria’s projected economic growth by 0.3%. As unveiled in the ‘2023 World Economic Outlook’ during the ongoing annual meetings in Marrakech, Morocco, the…
-
In a recent development, authorities in Burundi have arrested Dieudonné Murengerantwari, the former governor of the nation’s central bank, on allegations of corruption. The justice ministry has accused Murengerantwari of…