The International Monetary Fund (IMF) cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy …
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- BusinessEconomyGlobal NewsUncategorized
New vehicle dealers recorded a marginal sales growth of 3.9 percent in the half year ended June, a performance they attributed to a wait-and-see posture by customers ahead of the …
Eskom has warned that it could implement load-shedding at short notice after all five running units at Kriel power station tripped on Monday morning. “During the early hours of this …
- AgricultureBusinessEconomyUncategorized
Tanzania Launches Cultivation Of Over 11,000 Hectares Of Block Farms For Youth
Tanzanian authorities on Sunday launched the cultivation of 11,453 hectares of block farms for the youth in the country’s central region of Dodoma. Hussein Bashe, the Minister for Agriculture, the …
Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country’s newly elected President Hassan Sheikh Mohamud arrived in Arusha to attend the ongoing 22nd …
Kenya has had increasing cases of counterfeit electrical products which have continued to pose significant risks to consumers. The Anti-Counterfeit Authority (ACA) in July 2021 confiscated suspected counterfeit electronic products …
- AirtelEastern AfricaEconomyTelecommunicationsUncategorized
Airtel Money To Operate As A Separate Entity From Parent Telco
Airtel Money will now be operated as a separate entity from Airtel Networks Kenya Limited, the telecommunication firm has said. Following the business separation, Airtel Money Kenya Limited will take …
Twitter was in a bid to fast-track its lawsuit against Tesla CEO Elon Musk over his buyout of the social media platform Twitter at a $44 billion deal. Kathaleen St. …
- BusinessEconomyManufacturing & Consumer GoodsUncategorized
Italian Firm Eni Commences Production Of First Kenyan Vegetable Oil
Italian multinational oil and gas company, Eni has commenced production of the first Kenyan vegetable oil for bio-refineries at its oilseed collection and pressing plant in Makueni. The agrihub will …
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Property Regulator Authority reports suspended CEO to authorities over pension fund fraud
The board of the Property Practitioners Regulatory Authority (PPRA) has reported its suspended CEO Mamodupi Mohlala to law enforcement authorities over alleged maladministration, fraud and misappropriation of pension funds. This follows …