Kenya prepares citizen to brace up for anticipated austerity
The Kenya government has warned of a belt-tightening period as the country attempts to navigate the economic storms triggered largely...
Foreign
AfCFTA hits two years, deals with US Chamber of Commerce
The Africa Continental Free Trade Area (AfCFTA) is marking two years with a deal to ride the coat-tails of the...
Vietnam suffering contraction in manufacturing amid lower demand
Vietnam’s manufacturing sector experienced a sharper reduction in output and new orders both domestically and abroad at the end of...
President Xi Jinping harps on building modern socialist country
Chinese President Xi Jinping says an ambitious blueprint has been drawn to build a modern socialist country in all respects....
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...
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...
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