The head of the European Central Bank could drop more hints Thursday about when the bank…
Category: Global Business News
East African oil pipeline hits the headwinds
MOMBASA, Kenya (AP) — Climate activists — including influential campaigners Vanessa Nakate and Hilda Nakabuye —…
S&P downgrade indicates Russia headed for historic default
BOSTON (AP) — The credit ratings agency Standard & Poor’s has downgraded its assessment of Russia’s…
Afreximbank opens Sh460bn loan to aid Africa against Russian war
Kenya will be able to tap a newly created $4 billion (Sh460 billion) fund by the…
Elon Musk overtakes Jeff Bezos as richest man globally with Ksh. 25.3 trillion net worth
Elon Musk’s net worth hit Ksh. 25.3 trillion ($216 billion) to become world’s richest man according…
How multinationals avoid taxes in Africa and what should change
In developing countries, and the sub-Saharan region especially, the scale of unmet basic needs is enormous.…
Tanzania hosts IMF-led talks on cryptocurrencies
Tanzania’s top financial sector officials on Tuesday called for a clearer global consensus on Central Bank…
Fuel cost: Brent crude price surge signals even tougher times ahead
Kenyans should brace themselves for tougher times ahead amid increasing global Brent crude oil prices even…
EAC now one of Africa’s largest trading areas
Arusha. The East African Community (EAC) is now one of the leading trading blocs in Africa, thanks…
Tesla opens ‘Gigafactory’ near Berlin, its 1st in Europe
BERLIN (AP) — Electric car manufacturer Tesla opened its first European factory Tuesday on the outskirts…