- ST. PETERSBURG, July 25 (Xinhua) — As of July 1, about 1.86 million passenger cars of Chinese brands were registered in Russia, accounting for 4 percent of the total, according to a report released by Russia’s analytical agency Autostat on Thursday. Chery is the most popular Chinese car brand in…
- NAIROBI, Kenya, July 26 – Climate change has made extreme weather events like drought, higher temperatures, and heavy rainfall become common and severe in Kenya, the Kenya Meteorological Department has said. In a report on climate change impacts in Kenya, the weatherman said that climate change…
- NAIROBI, Kenya, July 26 – Safaricom shareholders have approved a Sh0.65 dividend per share, amounting to Sh26.04 billion for the financial year ended March 31, 2024. This follows an interim dividend of Sh0.55 per share, totalling Sh22.04 billion, paid in March 2024. The company’s total dividend…
- Nairobi, Kenya, [26/7/2024] – Xiaomi Kenya proudly introduces the Redmi A3x, a masterpiece of modern design and cutting-edge technology. This innovative smartphone, with its stunning glass back and ultra-smooth 6.71” 90Hz display, is set to elevate your user experience to new heights. Sleek Glass…
- July 25 – India’s card payments market is expected to experience substantial growth in 2024, with a forecasted increase of 11.3%, reaching Rs 28.4 trillion (USD 344 billion), according to GlobalData, a data and analytics company. This growth is driven by a rising consumer preference for non-cash…
- CAIRO, July 25 (Xinhua) — Egypt raised pump prices for gasoline and diesel again on Thursday, the latest step in its economic reform program aimed at managing fuel subsidies, the Ministry of Petroleum and Mineral Resources said in a statement. The Fuel Automatic Pricing Committee adjusted prices…
- LOS ANGELES, July 25 (Xinhua) — Locking China all down on the artificial intelligence (AI) technology is “really wrong,” Mark Zuckerberg, CEO and co-founder of Meta Platforms Inc., the parent company of Facebook, said Wednesday. On the question of how the United States should approach the AI…
- NAIROBI, Kenya, May 25 – The Tourism Principal Secretary, John Ololtuaa, has urged African states to join forces and champion the sustainability of tourism in the region and the continent’s competitiveness in the global arena. Speaking at the 67th Meeting of the UN Tourism Regional Commission for…
- NAIROBI, Kenya, May 25 – The Public Service Commission has announced 106 fresh government job vacancies despite declaring that it has halted the recruitment of public servants. During the presentation of the 2024–2025 budget highlights in the middle of last month, the former Treasury Cabinet…
- JULY 25 – A new non-surgical heart procedure is proving to be a game changer, particularly for patients with critical underlying illnesses. Traditionally, these heart patients were treated surgically by replacing the damaged heart valve with an artificial valve via open-heart surgery. However, such…
- JULY 25 – Financial markets in the US and Asia have fallen sharply as investors sell off shares in technology companies, with artificial intelligence (AI) stocks hit particularly hard. In Wednesday’s trading in New York, the S&P 500 lost 2.3% and the tech-heavy Nasdaq fell 3.6%, in their…
- NAIROBI, Kenya, July 25 – I&M Bank Rwanda has confirmed Nikhil Rustam Hira as the new board chair effective July 15, 2024. Hira takes over from Bonaventure Niyibizi, who is retiring. Since 2019, the new chair has been serving on the bank’s board as an independent director and chairperson of the…
- NAIROBI, Kenya, July 25 – Kenya Airways (KQ) will from next month stop its 5 weekly flights to Bangui in the Central African Republic amid low demand and poor performance. The suspension, which is slated for August 9, 2024, will however not affect cargo services. The national carrier said that it…
- SEOUL, July 25 (Xinhua) — South Korea’s chipmaker SK hynix logged its record-high revenue in the second quarter thanks to strong demand for semiconductors used in artificial intelligence (AI) computing, a regulatory filing showed Thursday. Revenue surged 124.8 percent from a year earlier to hit a…
- SEOUL, July 25 (Xinhua) — South Korean tech company LG Electronics posted a double-digit growth in the second-quarter operating profit due to solid sales of home appliances and vehicle components, the company said Thursday. Consolidated operating profit spiked 61.2 percent over the year to 1.2…
- NAIROBI, July 25 (Xinhua) — Experts began a three-day meeting in Nairobi, the capital of Kenya, Wednesday to discuss ways of boosting the dairy sector in Africa. The Dairy Tech Africa conference gathered more than 100 exhibitors and 500 delegates composed of officials from United Nations agencies,…
- VIENNA, July 24 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) Secretariat said Wednesday that it received compensation plans from Iraq, Kazakhstan and Russia for their overproduced oil volumes in the first half of 2024. OPEC said in a statement that the combined…
- NAIROBI, Kenya, July 25 – Zambia’s central bank said on Wednesday that it will take a cautious approach on banning the use of the U.S. dollar in local transactions to avoid distortion in the economy. Denny Kalyalya, governor of Bank of Zambia (BoZ), said the central bank was currently getting…
- NAIROBI, Kenya, July 25 – Africa’s green economy has the potential of creating up to 3.3 million new direct green jobs on the continent by 2030, with the majority particularly in the renewable energy solar sector. According to the ‘Forecasting Green Jobs in Africa’ latest report by FSD Africa and…
- BY TAMARA RAJIC JULY 24 – The rapid advancement of artificial intelligence (AI) has captured the world’s attention, permeating businesses across all sectors at an astonishing pace. Embracing AI technologies is essential for businesses to remain competitive and meet the evolving demands of customers…
- NAIROBI, Kenya, July 24 – Kenyan-hailing American-based food outlet Swahili Village has reached a no-fault settlement with the District of Columbia over allegations of wage theft, concluding a year-long legal dispute. The decision, the restaurant asserts, was made voluntarily to allow the business…
- JULY 24 – China’s economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world’s top luxury brands. LVMH says its sales in Asia, which include China but not Japan, fell by 14% in the three months to the end of June, worsening from a 6% […]
- NAIROBI, Kenya Jul 24 – President William Ruto now says that the government will drop charges against innocent persons arrested in the recent protests across the country. Addressing the Nation on Wednesday at Statehouse Ruto admitted instances where the police used excessive, unlawful, and…
- NAIROBI, Kenya, July 24 – Nominated Member of Parliament (MP) John Mbadi has been picked to be the new National Treasury Cabinet Secretary by President William Ruto. Mbadi, who is in his fourth term as a legislator, will be taking over from Njuguna Ndung’u, who was shown the door by the President…
- TOKYO, July 24 (Xinhua) — The population of Japanese nationals fell by 861,000, or 0.70 pct, in 2023 from a year earlier to 121,561,801, dropping for the 15th year in a row and marking the steepest decline since the survey began in 1968, government data showed Wednesday. As of Jan. 1, 2024, Japan’s…
- NAIROBI, Kenya, July 24 – Kenyans are more worried about their health problems than unemployment as well as cost of living, according to a new report by AfroBarometer. The Pan-African latest data shows that half, or 50 percent, of Kenyans are concerned about health challenges, followed by high cost…
- NAIROBI Kenya, Jul 24 – Kenya Airports Authority (KAA) has clarified that the Adani Airport Holdings Limited Group will be investing in a new passenger terminal building at the Jomo Kenyatta International Airport (JKIA) amid claims of sell of the airport to the group. KAA Acting Managing Director…
- NAIROBI, Kenya, Jul 24 – President William Ruto has urged the newly sworn-in Commissioner General of Prisons, Patrick Aranduh, to accelerate decent housing programs for officers to boost their morale. Speaking during the swearing-in ceremony held at the Statehouse, Nairobi, on Wednesday, Ruto…
- KATHMANDU, July 24 (Xinhua) — A domestic plane carrying 23 people crashed on Wednesday at the Tribhuvan International Airport in Kathmandu, Nepal’s capital, an official said. A witness said the plane nosedived into the ground and an explosion could be heard inside the airport. The plane belonged to…
- NAIROBI, Kenya, July 24 – Over 85,000 registered nurses and clinical officers will enjoy indemnity insurance in the new expansion by Britam General Insurance. While professional indemnity insurance is not mandatory for them, it is for doctors in Kenya. Eligible healthcare professionals for this…
- SAN FRANCISCO, July 23 (Xinhua) — Alphabet Inc., Google’s parent company, on Tuesday reported its second-quarter revenue at 84.74 billion U.S. dollars, up 14 percent from the same period last year. Announcing its financial results for the quarter that ended June 30, 2024, the company said that its…
- SAN FRANCISCO, July 23 (Xinhua) — U.S. electric vehicle maker Tesla on Tuesday reported a revenue of 25.5 billion U.S. dollars in the second quarter of fiscal 2024, up 2 percent over a year ago. Tesla posted 1.48 billion dollars in net income for the quarter that ended on June 30, representing a 45…
- NAIROBI, Kenya, July 24 – Kenya Airways (KQ) has relaunched KQ Holidays, an online platform that allows customers to book for holiday packages in various countries. Through the KQ Holidays platform, flyers can book flights, accommodations, airport transfers, and tours under one system. “The new KQ…
- NAIROBI, Kenya, July 23 – Data annotation company Sama has partnered with the University of Nairobi in a pact aiming at advancing the generative AI (GenAI) industry in Kenya. The collaboration will provide part-time employment opportunities for UoN faculty and students, offering them valuable…
- NAIROBI, Kenya Jul 23 – Numeral IOT, an IT provider company, has unveiled TransitTag, a real-time monitoring system for children’s bus commutes. The TransitTag, powered by the Numeral Infinity Engine, a Kenyan-made communication module for IoT devices, will include wearable wrist tags that will…
- ACCRA, July 23 (Xinhua) — Ghana’s economy has made progress after a year of reform implementation, according to the latest report by the World Bank Group. The eighth economic update for Ghana released by the World Bank, titled “Strengthening Domestic Revenue Systems for Fiscal Sustainability,” said…
- NAIROBI, Kenya Jul 23 – Faulu Microfinance Bank has diversified into Money Market Fund (MMF), which will allow customers to access flexible and profitable investment opportunities. The Fund, which is a collective investment scheme registered under the Capital Markets Authority, will allow customers…
- VALLETTA, July 23 (Xinhua) — The Armed Forces of Malta (AFM) on Monday night rescued three workers on an oil tanker passing through Maltese territorial waters. The army said in a statement on Tuesday that the rescue operation was carried out after the workers lost consciousness aboard the oil…
- JULY 23 – In a surprise move Google has abandoned a plan it first announced four years ago to block third-party cookies from its Chrome internet browser. The UK’s data privacy watchdog said it was “disappointed” by the decision. Cookies are small files stored on your computer which allow…
- NAIROBI, July 23 (Xinhua) — Kenya’s Ministry of Education said on Monday that it is committed to harnessing science, technology and innovation to empower the youth and spur development in the country. Beatrice Inyangala, principal secretary in the Ministry of Education, said the government has…
- NAIROBI, Kenya, July 23 – Former Bomet Governor Isaac Ruto risks facing a lawsuit over an alleged unpaid sum of Sh5 million for 50 cattle supplied to his ranch for a beef project. In a letter to Ruto, Nicholas Teeka, through his lawyers, Kalwa Advocates, has demanded that the former governor settle…
- JULY 23 – Philippine President Ferdinand Marcos Jr marked his third year in office by emphasizing his administration’s moves toward combating inflation, poverty and joblessness, the key concerns of most Filipinos, and also a ban on offshore gaming operators. “The hard lesson of this last year has…
- NAIROBI, Kenya, July 23 – Public transport service provider Kenya Bus Service (KBS) has acquired its first electric bus as it modernizes its fleet. The bus operator acquired a 36-seater electric bus built at Kenya’s first electric vehicle assembly line operated by BasiGo, located at the Kenya…
- NAIROBI, Kenya, July 23 – Users of the Standard Gauge Railway (SGR) premium services will have to pay Sh20,000 round-trip to enjoy the new services. This was announced yesterday by the Ministry of Roads and Transport principal secretary, Mohamed Daghar, during the flagging off of 20 new passenger…
- NAIROBI, Kenya, July 23 – Users of the Standard Gauge Railway (SGR) premium services will have to pay Sh24,000 round-trip to enjoy the new services. This was announced yesterday by the Ministry of Roads and Transport principal secretary, Mohamed Daghar, during the flagging off of 20 new passenger…
- JULY 23 – Tesla boss Elon Musk says the electric vehicle car maker will start producing and using humanoid robots from next year. In a social media post, Mr Musk said the robots will first be used by Tesla, which will start making them to sell in 2026. The technology billionaire had previously said…
- JAKARTA, July 23 (Xinhua) — Indonesia is planning to broaden its mineral and coal online tracking system, known as Simbara, to include several commodities, including copper, gold and bauxite, said the country’s Minister for Energy and Mineral Resources Arifin Tasrif. He mentioned the plan after the…
- MOMBASA, Kenya, July 22 (Xinhua) — Kenya on Monday received 20 new passenger coaches from China to increase transport capacity and improve passenger experience. They include 10 revamped economy-class coaches, four premium-class coaches, one dining car, one power car, and four first-class coaches. “…
- NAIROBI, Kenya July 22-Stakeholders in the manufacturing sector have challenged the government to foster their efforts in providing incentives to local manufacturers and assemblers in the country. The move has been hailed as a catalyst to stimulate economic growth and create employment…
- NEW DELHI, July 22 (Xinhua) — India’s Finance Minister Nirmala Sitharaman Monday tabled the new annual Economic Survey report in the lower house of the Indian parliament, locally known as Lok Sabha. The report projects the South Asian country’s gross domestic product (GDP) to grow 6.5-7 percent in…
