China cancels Rwanda’s $7.1m debt
China has offered Rwanda a $7.1 million debt relief or 50 million RMB Yuan on a loan used to build the 6.36-kilometre Masaka-Kabuga road under...
Category : Business News
Governor Sakaja bans night clubs in residences
Nairobi Governor Johnson Sakaja has banned nightclubs from operating in residential areas following numerous complaints from the public on noise emanating from bars, restaurants, nightclubs...
Tesla recalls more than 80,000 cars sold in China
Tesla Inc is recalling more than 80,000 China-made and imported cars produced from as early as 2013, for software and seat belt issues, a statement by...
Nigeria launches new banknotes to help curb corruption
Nigerian President Muhammadu Buhari on Wednesday unveiled the redesigned Naira notes as proposed by the Central Bank of Nigeria (CBN). The launch and release of...
Putin warns ‘grave consequences’ to oil price caps
Russian President Vladimir Putin warned that Western plans to introduce oil price caps could have “grave consequences” for energy markets, during a telephone conversation with...
Ghana plans to buy oil with gold instead of U.S. dollars
Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook...
S. Korea, Kenya agree to deeper economic cooperation
Kenya is set to reap big from negotiations it has started with South Korea on free movement of goods to the Asian country. This emerged...
India’s Modi says digital currencies being used to fund terror
Digital currencies need more regulation to stamp out funding for terror operations, India’s Prime Minister Narendra Modi said Friday at a major international forum to...
Petrol, diesel prices decrease by Ksh 1
Fuel prices have dropped by Sh1 in the latest review. This is according to a statement by the Energy and Petroleum Regulatory Authority (EPRA) on...
Cryptocurrency platform FTX files for bankruptcy, boss resigns amid tumult
Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow...