- NAIROBI, Kenya, Dec 14 – The Energy and Petroleum Regulatory Authority (EPRA) has reduced the cost of petrol by Sh5, diesel by Sh2, and kerosene by Sh4.01. A liter of the product will now cost Sh212.36 (petrol), Sh201.47 (diesel), and Sh199.45 (kerosene) in Nairobi. The drop comes after the average…
- DUBAI, UAE, Dec 14 – As COP28 closes today in Dubai, the health community commended agreements in the outcome text of COP28 that some countries noted as signaling the end of the fossil fuel era. However, health groups denounced the summit’s failure to commit to a full phase out of fossil fuels, a…
- NAIROBI, Dec. 14 (Xinhua) — The bilateral cooperation between Kenya and China that was formalized in December 1963 has covered a critical milestone, unleashing fruitful results for both sides, a senior Kenyan official has said. Musalia Mudavadi, Kenya’s prime cabinet secretary who also doubles up…
- MOGADISHU, Dec. 14 (Xinhua) — The International Monetary Fund (IMF) and the World Bank have announced the approval of 4.5 billion U.S. dollars in debt relief for Somalia. In a joint statement issued on Wednesday, the global lenders said the executive boards of the IMF and the World Bank’s…
- NAIROBI, Dec. 14 (Xinhua) — Nairobi, the capital of Kenya, harbors the dream of becoming a green city, with the government and private developers ensuring that the projects they undertake are climate-smart. From roads to buildings, the city is making great strides towards realizing the green dream…
- NAIROBI, Kenya, Dec 14 – A total of 300 flood-affected households in Madogo Ward, Tana River County, will benefit from Sh14.1 million as compensation for their losses, courtesy of Britam and Swiss. The victims will be compensated following the recent flooding in Upper Tana under the Index-Based…
- KISUMU, Kenya, Dec 14 – Kenya Airports Authority (KAA) has kicked off the process to synchronize its power back-ups to immediately pick up power in case of an outage. The Authority acting Managing Director Henry Ogoye says the situation of power at the Jomo Kenyatta International Airport has been…
- TOKYO, Japan, Dec 14 – Japanese Prime Minister Fumio Kishida said on Wednesday he plans to announce cabinet changes on Thursday amid mounting pressure triggered by political fundraising scandals and expressed his intention to lead the efforts for recovery of trust. “We are continuing to adjust the…
- NAIROBI, Kenya, Dec 14 – An anti-corruption court in Nairobi has cleared former Treasury Cabinet Secretary (CS) Henry Rotich and eight others accused of graft in the Sh63 billion Arror and Kimwarer Dam scandal. High Court Magistrate Eunice Nyutu said on Thursday that Rotich and the others had no…
- NAIROBI, Kenya Dec 14 – In the dynamic world of tech entrepreneurship, Prateek Suri stands out as a visionary leader, steering Maser Group to unicorn status and earning a spot among global tech titans. His journey from a $2 billion consumer electronics empire to the helm of a groundbreaking smart…
- BUDAPEST, Dec. 13 (Xinhua) — Hungary’s Regional Development Minister Tibor Navracsics on Wednesday welcomed the release by the European Commission of 10.2 billion euros (10.88 billion U.S. dollars) of previously frozen European Union (EU) funds destined for Hungary. After a year of tough…
- NAIROBI, Kenya, Dec 14 – VFS Global, a global outsourcing and technology services specialist, has been appointed to deliver the United Kingdom’s (UK’s) government visa and passport services across 142 countries in 2024. VFS Global will deploy 240 Visa and Citizenship Application Service (VCAS)…
- NAIROBI, Kenya, Dec 14 – The Central Bank of Kenya (CBK) has entered into an agreement with the European Investment Bank (EIB) to enable Kenyan commercial banks to access climate-related investments. The two-year technical assistance scheme is the first of its kind to be implemented in East Africa…
- NAIROBI, Kenya, Dec 14 – Officers drawn from the Kenya Revenue Authority (KRA) yesterday intercepted a truck transporting illicit liquor worth Sh3.25 million in Loitoktok. The vehicle, which was coming from Kimana Town, was nabbed with drinks branded Everest Vodka after KRA officials got a tip-off…
- VIENNA, Dec. 13 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday maintained its previous forecast for a healthy global oil demand growth in 2024, blaming speculators for the recent drop in crude prices. In its monthly oil market report for December, OPEC sees a…
- SAN FRANCISCO, Dec. 13 (Xinhua) — Tesla said on Wednesday the company is recalling more than 2 million of its vehicles over autopilot safety issues after an investigation found its autopilot safety system was “not sufficient to prevent driver misuse.” “In certain circumstances when Autosteer is…
- NAIROBI, Dec. 13 (Xinhua) — Kenya’s Treasury on Wednesday revised down its economic growth forecast to 5.5 percent in 2024 from 6 percent it projected earlier in the year, citing unpredictable weather which could affect output from the agricultural sector. Njuguna Ndung’u, the cabinet secretary for…
- By Jesse Iripia David Adama NAIROBI, Kenya, Dec 14 – Now, I am sure most of you watch sports, whether football, rugby, or cricket, but do you ever watch women’s sports? You probably don’t know what their league is called. Today I will be focusing on two sub-headings, which are: Do women and men…
- BRUSSELS, Dec. 13 (Xinhua) — Europeans travelers have hailed China’s recent visa-free policy for six countries — with five in Europe — and a cut in visa fees for many nations. Under the new visa-free policy, with a trial period from Dec. 1, 2023 to Nov. 30, 2024, ordinary passport holders from…
- NAIROBI, Kenya, Dec 13 – The Government is implementing robust measures to promote local investment by the Diaspora. President William Ruto said the Kenyans in the Diaspora play a key role in the development of the country. He noted that their contribution through remittances has overtaken the…
- NAIROBI, Kenya, Dec 13 – The Kenya Tourism Board (KTB) has revealed that the country has recorded momentum in its Meetings, Incentives, Conferences, and Exhibitions (MICE) subsector. This follows the country hosting several high-profile conferences recently, among them the Africa Climate Summit.…
- NAIROBI, Kenya, Dec 13 – Ride-hailing company Bolt has unveiled its new Trip Safety Monitoring features for its vehicles. The new feature will enable Bolt to automatically engage with riders and drivers in-app when a vehicle remains still for too long to confirm if everything is okay. It will also…
- DUBAI, Dec. 13 (Xinhua) — COP28 President Sultan Ahmed Al Jaber announced on Wednesday that parties to the UN climate summit have agreed on a “historic” climate deal. “It is an enhanced, balanced but make no mistake, a historic package to accelerate climate action. It is the UAE consensus,” said Al…
- NAIROBI, Kenya, Dec 13 – More than 45,500 Kenyans are set to access new job opportunities after the World Bank (WB) approved the Kenya Jobs and Economic Transformation Project (KJET). At least 6,800 of the new roles will be set aside for women. KJET aims to increase private sector investments,…
- NAIROBI, Kenya, Dec 13 – Fast-moving consumer goods (FMCG) company Unilever will be investigated by the United Kingdom’s (UK’s) Competition and Markets Authority (CMA) after claiming its products are environmentally friendly. The probe is part of CMA’s wider investigation into greenwashing, which…
- NAIROBI, Kenya, Dec 13 – The Senate has absolved Watu Credit of any wrongdoing after it completed its probe on the firm on alleged malpractice in the market. Watu had been summoned by the Senate Committee on Trade, Industrialisation and Tourism following a statement made by Nandi Senator, Samson…
- NAIROBI, Kenya, Dec 13 – Absa Bank Kenya has increased the interest rate on deposits in the Absa Digital Savings account to 10 percent per annum, up from 9 percent, effective December 12, 2023, and valid until March 2024. The high interest is aimed at fostering a saving culture among Kenyans while…
- JOHANNESBURG, Dec. 12 (Xinhua) — The South African government will begin the process of adding 2,500 megawatts (MW) to its nuclear capacity, with the first commissioning expected in 2032 or 2033, a senior official said Tuesday. “We are triggering a procurement process. We are going out to ensure…
- WASHINGTON, Dec. 12 (Xinhua) — U.S. President Joe Biden on Tuesday hosted Ukrainian President Volodymyr Zelensky at the White House, where he reiterated the need for Congress to approve his administration’s request for more money to help Ukraine defeat Russia. Seated in the Oval Office alongside…
- NAIROBI, Dec. 12 (Xinhua) — Foreign visitors to Kenya will not be required to have a visa beginning January 2024, President William Ruto announced Tuesday during the celebration of Jamhuri Day, or Independence Day, held in Nairobi, the capital. Ruto said all foreign nationals will enter the county…
- CANBERRA, Dec. 13 (Xinhua) — Surging personal and company tax income has driven a major improvement in Australia’s budget position, the government has revealed. Treasurer Jim Chalmers and Minister for Finance Katy Gallagher on Wednesday released the Mid-Year Economic and Fiscal Outlook (MYEFO),…
- NAIROBI, Kenya, Dec 13 – Global and Visa have partnered to provide digital financial services to middle- to low-income consumers in Kenya. Through this, the two firms have introduced a single digital wallet for shopping and payment, as well as access to credit services such as ‘Buy Now, Pay Later’…
- NAIROBI, Ķenya, Dec 13 – The Kenya Tourism Board (KTB) is looking to attract African Americans seeking to explore the country and continent. KTB acting CEO John Chirchir said that the board is tailoring its approach to meet the desires of this demographic, who seek immersive cultural encounters,…
- NEW DELHI, Dec. 12 (Xinhua) — India’s retail inflation rose to 5.55 percent in November, the latest government data showed Tuesday. According to data released by the federal ministry of statistics and program implementation (MoSPI), inflation based on Consumer Price Index (CPI) in November was 5.55…
- NAIROBI, Kenya, Dec 12 — President William Ruto has defended his economic reform agenda as the ‘only way and means of escape’ even as he reported that the country was finally out of debt distress. In remarks delivered on Tuesday when he led national celebrations to mark the 60th independence day…
- NAIROBI, Kenya, Dec 12 — President William Ruto has announced that Facebook and Instagram will be paying content creators using META platforms following the conclusion of negotiations led by the government. Speaking on Tuesday during Jamhuri celebrations, Ruto said following a pilot programme with…
- BEIJING, China, Dec 13 – China’s Foreign Ministry on Monday strongly rejected the European Union’s groundless accusation of China’s human rights situation and urged the EU to stop politicizing and weaponizing human rights issues, after the EU delegation in China expressed “concerns” in a recent…
- WASHINGTON, United States, Dec 12 – As geoeconomic fragmentation is increasingly becoming a reality, the world needs to protect economic cooperation and the multilateral trading system to avoid “an annihilation of the gains” from open trade that could result in another Cold War, a senior official…
- NAIROBI, Dec. 11 (Xinhua) — Nuclear experts on Monday kicked off an eight-day meeting in Nairobi, the capital of Kenya, to discuss ways of promoting research in nuclear technology. The nuclear research reactor forum brought together more than 100 nuclear regulators, research agencies and scholars…
- HARARE, Dec. 11 (Xinhua) — At least 100 elephants have died in Hwange National Park, Zimbabwe’s largest game reserve, from the El Nino-induced drought, an international animal welfare and conservation group said Monday. Summer rains are five weeks late due to the ongoing El Nino phenomenon, as…
- NEW YORK, Dec. 11 (Xinhua) — The U.S. dollar stayed nearly flat in late trading on Monday, as investors were waiting for the U.S. Consumer Price Index (CPI) on Tuesday and the U.S. Federal Reserve (Fed) rate call on Wednesday. The dollar index, which measures the greenback against six major peers,…
- NAIROBI, Kenya, Dec 12 – The National Transport and Safety Authority (NTSA) is planning to increase service costs by up to 3,900 percent. NTSA argues that the proposed changes are meant to bridge the revenue deficit. “This shortfall does not include the additional funding required to fund key road…
- NAIROBI, Kenya Dec 12 – President William Ruto opened the YouthConnekt Africa Summit 2023 at KICC, starting with a visit to the job fair co-organized with Huawei and supported by the Kenya-China Economic and Trade Association (KCETA) where 38 companies were offering 500 job opportunities. At the…
- NAIROBI, Kenya, Dec 11 – The Civil Society Organization, Pan African Climate Justice Alliance (PACJA), has faulted COP28 over its lack of commitment to climate financing. PACJA says the Dubai Climate Change Conference failed to address critical issues relevant to Africa and the collective desire to…
- SACRAMENTO, the United States, Dec. 10 (Xinhua) — A wave of project cancellations on the U.S. East Coast, due to financial troubles and policy burdens, casts a shadow over the country’s burgeoning offshore wind power industry, impeding progress toward meeting climate goals. On Wednesday, New York’s…
- NAIROBI, Kenya, Dec 11 – The Kenya Revenue Authority (KRA) has collected Sh1.03 trillion in revenue between July and December 8th, 2023. High revenue is despite the depreciation of the Kenyan shilling among major global currencies such as the U.S. dollar, inflation, and weak demand, among others.…
- NAIROBI, Kenya, Dec 11 – Rice farmers within the West Kano Irrigation Scheme are staring at a Sh50 million loss after flood water marooned rice under farms. The scheme chairman Jared Odoyo says rice crop within the 650 acres is now wasted as the region continues to receive heavy amounts of rains.…
- NAIROBI, Kenya, Dec 11 – The High Court has issued conservatory orders barring the Energy and Petroleum Regulatory Authority (EPRA) from reviewing fuel prices upward following the hearing an determination of a petition filed by Kituo Cha Sheria. The Civil Society Organization had moved to in a bid…
- NAIROBI, Kenya, Dec 11 – Energy Cabinet Secretary (CS) Davis Chirchir has attributed Sunday’s countrywide blackout to a transmission overload along the Kisumu-Muhoroni line in the western part of Kenya. Speaking during a press conference on Monday, Chirchir indicated that the transmission line,…
- SUVA, Dec. 11 (Xinhua) — Fiji has witnessed a significant increase in Chinese visitors, with a recorded revenue of 18.1 million Fijian dollars (8 million U.S. dollars) so far this year. According to Deputy Prime Minister and Minister for Tourism Viliame Gavoka, Fiji welcomed over 22,000 Chinese…