Regions
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IMF approves Ksh.14.5 billion loan to Uganda
The International Monetary Fund is giving Uganda an additional Ksh.14.5 billion as part of an Extended Credit Facility Arrangement. In…
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BMW net profit up 12.4% to 1.5 trillion
German auto manufacturer BMW recorded an increase in its net profit by 12.4 percent in 2021 tripping its net profit…
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IMF board, US approve Ksh.1.7 trillion loan for Ukraine
The International Monetary Fund (IMF) board on Wednesday approved Ksh.160.5 billion (US$1.4 billion) in emergency financing for Ukraine to help…
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Why Somalia risks losing funding by IMF
The International Monetary Fund (IMF) on March 7 renewed its warning that funding for Somalia could be cut off if…
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Russia to cut gas supplies if the oil ban goes ahead
Russia now says it may close its main gas pipeline to Germany if the West goes ahead with a ban…
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Netflix suspends service in Russia over offense against Ukraine
Netflix has suspended its service in Russia following the country’s military operation in Ukraine, U.S. publication Variety reported on Sunday.…
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Ukraine crisis: One million refugees flee to Poland
Polish border guards on Sunday said the number of people crossing since Russia launched its military action in Ukraine on…
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List of Russian bigwigs, companies sanctioned by EU amidst Ukraine invasion
The European Union has blacklisted 26 Russian nationals including Russia’s presidential Press secretary Dmitry Peskove and one legal entity, this…
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Hollywood studios suspend release of films in Russia on its escalated offense against Ukraine
Russia has yet again faced another setback, this time in the entertainment industry after global giant film studios paused their…
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European Union closes airspace to Russia
The European Union has closed its airspace to Russia due to the situation in Ukraine, according to a document published…
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