China’s manufacturing activity weakens
China’s factory activity deteriorated further at the end of the year as COVID-19 containment measures together with softer demand forced...
Foreign
IMF warns recession of impending large scale recession
The Head of the International Monetary Fund (IMF), Ms Kristalina Georgieva, has said the world’s economy is in for a...
Tanzania blames its trading partners for underperformance
The Bank of Tanzania has blamed high inflation on most of the country’s trade partners, and the high commodity prices...
Food and transport costs keep December inflation high
High food and transport prices continued to be the main pressing issues for households in December, even as inflation fell...
Somalia rejects Genel Energy’s “illegal claim” to oil permits in Somaliland
Somalia has rejected what it called an "illegal claim" by Genel Energy to oil exploration and exploitation rights in the...
Increase in demand forces Kenya Airways to resume daily flights to New York
Kenya Airways (KQ) has resumed daily flights to New York as it moves to cash in on growing demand for...
Football legend, Pele dies at 82
World’s football legend, Edson Arantes do Nascimento, popularly called Pele, who has been in the hospital in Brazil for weeks...
Chinese firms in deal for final phase of Tanzania’s rail
Tanzania is beaming with hope that cargo transportation within the country and to neighbouring nations will be cheaper by 2027...
High Cost of living hits Rwandans
Rwandan economic managers are walking a tightrope to contain a drastic rise in the cost of living that is reducing...
Kenya moves to boost rice production
Rice production in Mwea in Kenya’s Kirinyaga County has endured for decades, banking on the waters of the upper Tana...
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