National carrier Kenya Airways has trimmed its half-year loss to Sh9.9billion from a Sh11.5billion loss posted in the same period last year attributed to increased revenues. The Group’s total revenue …
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Economy
Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen for an undisclosed value, deepening the auto firm’s interest in the growing clean energy market and …
The United Kingdom has protested Kenya’s impending ban on second-hand imports of buses and trucks, fearing the embargo will cut the flow of used commercial vehicles from the European country. …
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Egypt in final stage of talks with IMF on new funding, says PM
The Egyptian government is in the final stage of talks with the International Monetary Fund (IMF) on a new funding, Prime Minister Mostafa Madbouli said during the Logos Coptic Youth …
- AfricaAFRICA NEWSBusinessEconomyGhanaNewsTrending TodayWestern Africa
GUTA threatens to close shops over Cedi depreciation
Members of the Ghana Union of Traders Association (GUTA) will on Monday close all shops in the Greater Accra Region to express their displeasure about the depreciation of the Cedi …
- BusinessEconomyKenya
KFCB bell Local Creators and other stakeholders to Submit Comments On Self-Regulatory Framework
The Kenya Film Classification Board (KFCB) has called on local creatives and other stakeholders to submit their input for the proposed self-regulatory framework for the film industry, as it seeks …
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Lekki Deep Sea Port estimated to create 112,000 jobs for Nigerians
Nigerians would have access to at least 112,000 jobs upon the completion of Lekki Deep Sea Port according to the Federal Government of Nigeria. Lekki Deep Sea Port, operational but still …
- BusinessEconomyMorrocco
Morocco’s OCP Group and UM6P Partner with Rainbow Rare Earths to develop its expertise in the extraction
British mining company Rainbow Rare Earths announced on Monday the signing of a “Master Agreement” with Morocco’s phosphate and fertilizer giant OCP Group and Mohammed VI Polytechnic University (UM6P) to “further …
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ARCON bans the use of foreign models, voice-over artists in Nigerian Adverts
The Advertising Regulatory Council of Nigeria (ARCON) has banned the use of foreign voice-over artists and models from any advertisement targeted or exposed in the Nigerian advertising space. Olalekan Fadolapo, …
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Egypt’s environment minister opens new water treatment plant at Rameda
Egyptian Minister of Environment Yasmine Fouad inaugurated a new high-efficiency water treatment plant at the Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) (RMDA), according to a press release on Monday. …