Foreigners have sold NSE stocks worth Sh2.3 billion in the past three months, according to new market data. Despite improvements in local equities, foreign investors continued to withdraw from the …
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AfricaAFRICA NEWSKenyaKenya NewsKenyan News
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AfricaAFRICA NEWSKenyaKenya NewsKenyan News
Oil marketers eye bigger profits in Epra review
by Editorby EditorOil marketers are anticipating increased profits as Epra begins a crucial review that will determine new costs for the next five years. The Energy and Petroleum Regulatory Authority recently awarded …
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AfricaAFRICA NEWSKenyaKenya NewsKenyan News
Private firms to import electricity for resale locally
by Editorby EditorPrivate companies in Kenya are set to venture into the electricity distribution sector and will be allowed to import power from neighbouring countries for local resale. This move, proposed by …
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AfricaAFRICA NEWSPolitics
Government to intervene in South Africa’s ICJ case against Israel
by Editorby EditorGovernment Intervention in South Africa’s ICJ Case Against Israel Ireland’s Tánaiste and Minister for Foreign Affairs, Micheál Martin, has announced Ireland’s decision to intervene in the case initiated by South …
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The Central Bank of Nigeria (CBN) has invited law enforcers to investigate some Foreign exchange forward claims amounting to $2.4 billion as some stakeholders fault recent apex bank claims that …
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AfricaAFRICA NEWSSpotlight
Bridge Collapse in Baltimore Stands to Affect the Economy
by Editorby EditorThe recent collapse of a major bridge in Baltimore is likely to have implications for automobile imports, coal shipments, and transportation in the Mid-Atlantic region. The Francis Scott Key Bridge …
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AfricaAFRICA NEWSTechnology
Tesla offers U.S. customers a month’s trial of its driver-assist technology
by Editorby EditorElectric carmaker Tesla (TSLA.O), opens new tab that will offer U.S. customers a month’s free trial of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk said on Monday, as …
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AfricaAFRICA NEWSSpotlight
Detained Binance official breaks free from custody in Nigeria amidst probe
by Editorby EditorA Binance executive who had been detained in Nigeria has escaped custody, the president’s adviser on national security said on Monday. Nadeem Anjarwalla, a British-Kenyan who is Binance’s regional manager …
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AfricaAFRICA NEWSEconomy
Ethiopian official urges stronger cooperation with China
by Editorby EditorA senior Ethiopian government official has called for further augmenting Ethiopia-China cooperation through common platforms and initiatives. Ethiopia and China have enjoyed a longstanding relationship that spans over five decades, …
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AfricaAFRICA NEWSEconomy
Nigerien leader meets Chinese ambassador on bilateral cooperation
by Editorby EditorAbdourahamane Tchiani, the leader of Niger, held talks on Friday with Chinese Ambassador to Niger Jiang Feng on relations and cooperation between the two countries. The Chinese diplomat said that …