02 August 2024
- Senegalese government were open to Akon’s promises to attract businesses and create jobs in an economically deprived, mostly agrarian part of Senegal. But the project has not progressed beyond the stage of promises.
02 August 2024
- The Capital Markets Authority (CMA) has granted a license to Mi Vida Homes Limited to operate as a Real Estate Investment Trusts (REITs) Manager in a bid to deepen and develop the capital markets.
02 August 2024
- ISTANBUL, Aug. 2 (Xinhua) — The U.S. federal government’s public debt has surged beyond 35 trillion U.S. dollars for the first time, a threshold that an expert has described as a sign of problematic borrowing. Sant Manukyan, an analyst at Is Yatirim…
02 August 2024
- NAIROBI, Kenya, Aug 2 – Environment and Sanitation nominee Aden Duale says he is worth Sh980 million, up from his Sh851 million net worth when he assumed office as Defence Cabinet Secretary in October 2022. Duale made the revelations before the…
02 August 2024
- This wave of protests is reminiscent of the 2020 #EndSARS movement in the West African nation. Nigerians are embarking on a nationwide 10-day protest over governance and the soaring cost of living, joining a surge of youth-led demonstrations that…
02 August 2024
- NAIROBI, Kenya, Aug 2 – Environment and Sanitation nominee Aden Duale has vowed to revoke title deeds of high level state officers including MPs who have been linked to the 66 acre Oloolua forest invasion that has caused an outcry in Kajiado County.…
02 August 2024
- AUG 2 – Former CNN star presenter Don Lemon has sued multi-billionaire Elon Musk and his social media company X, formerly known as Twitter, over the cancellation of a talk show deal. The lawsuit alleges that Mr Musk and his company unfairly…
02 August 2024
- AUG 2 – The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and Artificial Intelligence (AI) projects, the BBC has learned. It includes £800m for the creation of an exascale supercomputer at Edinburgh…
02 August 2024
- NAIROBI, Kenya, Aug 2 – Five Kenyan startups have received a Sh81 million boost from TRANSFORM, an impact accelerator backed by Unilever, the British High Commission (BHC), and EY. They include Gwiji, which connects cleaners to jobs digitally; Novek…
02 August 2024
- Kenya Revenue Authority (KRA) has collected Ksh43.9 billion from 1,064,667 taxpayers who took advantage of the tax amnesty programme that ended on 30th June 2024. Through the tax amnesty programme, KRA waived penalties and interest amounting to…
02 August 2024
- Femi Otedola, one of Nigeria's richest individuals has voiced strong support for implementing a windfall tax in Nigeria. He made his sentiments known via a statement to the Nigerian newspaper, Premium Times, where he criticized some of the industry…
02 August 2024
- The Nigerian police are on red alert and may soon seek military intervention to maintain order following a wave of violent protests that have erupted in several major cities across Nigeria.
02 August 2024
- Tatjana Smith amassed two Olympic gold medals and two silvers in her career, more than any other South African across all sports. South Africa’s most-decorated Olympian of all time, Tatjana Smith, has announced she will hang up her swim cap and…
02 August 2024
- AUG 2 – Prices in the UK rose by 2% in the year to June 2024, unchanged from May, which was the lowest figure for almost three years. The Bank of England has a target to keep inflation at 2%. While inflation was well above that, the Bank put interest…
02 August 2024
- SAN FRANCISCO, Aug. 2 (Xinhua) — Intel said Thursday it will cut 15,000 jobs across the company as the chipmaker pursues fundamental changes amid growing competition from its rivals. “We plan to deliver 10 billion dollars in cost savings in 2025, and…
02 August 2024
- NAIROBI, Kenya, Aug 2 – Micro-lender Watu plans to finance 10,000 electric bikes this year as adoption of clean modes of transportation grows. This is contained in the firm’s first Sustainability Report. “To reduce its carbon footprint, Watu has set…
02 August 2024
- KCB 7s head coach, Mr Denis Mwanja, has expressed confidence in his squad ahead of Kakamega Ingo 7s rugby tournament at the Kakamega Showground on August 3-4, 2024.
02 August 2024
- Gabon’s Transitional President, Brice Clotaire Oligui Nguema, expressed his country's desire to reduce reliance on food imports and hoped to benefit from Uganda's experience in wealth creation.
02 August 2024
- AUG 2 – Sales at Apple rebounded this spring, overcoming weakness in China and a dip in iPhone sales, delivering some good news to jittery financial markets. The tech giant said it took in $85.8bn (£67.3bn) in revenue over the three months to June,…
02 August 2024
- SAN FRANCISCO, Aug. 2 (Xinhua) — Amazon.com, Inc. on Thursday announced its financial results for the second quarter, with a 10-percent net sales increase year on year. Amazon’s net sales grew to 148.0 billion U.S. dollars in the quarter, compared…
02 August 2024
- NAIROBI, Kenya, Aug 2 – The National Council for Population and Development (NCPD) has stressed the need for slum upgrading programs and improved living conditions in urban centers following the upsurge in rural-urban migration in the country.…
02 August 2024
- NAIROBI, Kenya, Aug 2 – APA Insurance and Hollard Insurance have merged operations after the two joined hands last month. While APA Insurance is a Kenyan underwriter, Hollard International is a Pan-African insurer. The two insurers say they will…
02 August 2024
- Topline Weekly aspirin use may reduce the risk of developing colorectal cancer—especially in those with unhealthy lifestyles—a new study found, as experts warn colorectal cancer is affecting younger populations and harmful lifestyle choices may be to…
02 August 2024
- NAIROBI, Kenya, August 2 – Two Middle Eastern wealth funds have invested up to $1 billion in Indian energy company Adani Energy Solutions’ share sale after a one and a half-year share offering halt. According to reports, the two investment companies…
02 August 2024
- BAGHDAD, Aug. 2 (Xinhua) — Iraq signed a memorandum of understanding with British oil giant BP Thursday to develop four oil and gas fields in Iraq’s northern province of Kirkuk. Iraqi Prime Minister Mohammed Shia’ al-Sudani oversaw the signing…
