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International
Russia’s central bank hikes rates to 12 percent to halt rouble’s slide
Russia’s central bank has hiked its key interest rate by 350 basis points to 12 percent, an emergency move to…
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Politics
Kenyan Parliament receives petition to ban TikTok
For the first time, a Kenyan Parliament received a petition to ban the popular social media platform, TikTok in Kenya,…
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International
Argentina hikes benchmark interest rate to 118% to defend devalued currency
Argentina devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points…
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International
IEA sees slower 2024 oil demand growth, tightening market this year
The International Energy Agency (IEA) on Friday said demand growth for oil next year will be slower than previously forecast,…
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News
Over 40 nations express interest in joining BRICS
Around twenty countries from around the world have applied to join the BRICS group, which currently consists of five nations,…
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Economy
African investors unite to pioneer historic infrastructure investment on continent
Prominent African and Global institutional investors signed subscription agreements and letters of intent in preparation for the first close of…
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Economy
List of counties that have benefited from Ksh.1.4 bn conditional grant from Water Ministry
On June 6, 2023, counties received their share of the Ksh.1.4 billion conditional grant from the national government under the…
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Markets
Private Sector at crossroads as govt borrows Ksh.213.4 billion within week
Last week, the government borrowed a massive Ksh.213.4 billion in a seven-year bond, at 15.84%, setting tongues wrangling. Initially offered…
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News
BRICS ministers urge global ‘rebalancing’ as Putin looms large
Top diplomats from BRICS countries called for a “rebalancing” of the global order during talks in South Africa on Thursday,…
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Corporate
Zoho opens first office in Nairobi, announces strategic partnership
Zoho Corporation, a leading global technology company, marked a significant milestone with the official opening of its new office in…
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