- NAIROBI, Kenya, July 16 – A total of 3.2 million customers are yet to update their prepaid meters, Kenya Power has announced. Already, 4.2 million users have updated their meters out of the targeted 7.4 million meters. The utility firm is calling on the remaining prepaid customers to update their…
- BRASILIA, July 15 (Xinhua) — Brazil’s financial market reduced its inflation forecast for 2024 from 4.02 to 4 percent and raised the forecast for 2025 from 3.88 to 3.90 percent, the central bank said Monday. The bank’s weekly “Focus” survey of the country’s leading financial institutions showed…
- NAIROBI, Kenya, July 15 – The High Court has suspended the swearing-in ceremony of John Chebochok as the newly appointed director of Toror Tea Factory pending hearing and determination of the petition filed against him. The Kericho-based court therefore directed all the petitioners as well as the…
- HANOI, July 15 (Xinhua) — Over 1.2 million motorbikes were sold in Vietnam by five members of the Vietnam Association of Motorcycle Manufacturers in the first half of 2024, down 1.4 percent year on year, VnExpress reported Monday. Their sales had declined by 4.9 percent year on year to 603,745…
- NAIROBI, Kenya July 15 – A section of Public Service Vehicle (PSV) drivers in the ride-hailing taxi service industry on Monday faced severe consequences for defying calls to join an industrial action. Their striking colleagues damaged and destroyed their vehicles. Drivers from services like Uber,…
- JULY 15 – China’s economy stumbled in the second quarter, official data shows, just as the country’s top leaders gathered for a key meeting to address its sluggish growth. It grew 4.7% in the three months to June, falling short of expectations after a stronger start in the first three months of…
- NAIROBI, Kenya, July 15 – The High Court has suspended the appointment of Kenya Revenue Authority (KRA) Chairman Anthony Mwaura on alleged corruption and economic crimes charges. Justice Francis Gikonyo ruled today that Mwaura’s appointment ‘suffered procedural infirmity and illegality’. Gikonyo…
- NEW DELHI, July 15 (Xinhua) — The annual rate of inflation based on all India Wholesale Price Index (WPI) stood at 3.36 percent in June, compared to 2.61 percent in May, according to the federal Ministry of Commerce and Industry on Monday. “Positive rate of inflation in June 2024 is primarily due…
- NAIROBI, Kenya, July 15 – Employment Manager, Bingwa Services, and the Kenya Alliance of Residents Association (KARA) have signed a memorandum of understanding (MoU) to create job opportunities for Kenyan youths. This initiative targets absorbing 6 million skilled youths within three years. The…
- NAIROBI, Kenya, July 15 – President William Ruto has cautioned the youth against being used by those who intend on destabilizing the country amid the recent chaos witnessed in the country during the anti-government protests. Speaking in Nakuru County on Monday after overseeing an inspection…
- NAIROBI, Kenya, July 15 – Kenyan tour company Twiga Tours has scooped Tripadvisor’s Travelers’ Choice Awards for 2024. The firm emerged at the top after receiving consistent reviews from travelers worldwide. Tripadvisor is a Massachusetts-based company that operates online travel agencies,…
- JULY 15 – Chinese carmaker BYD’s subsidiary in India has expanded its electric vehicle lineup with three new SUV variants, aiming to lead the Indian EV market. The new editions include Dynamic, Premium and Superior variants of the BYD ATTO 3, along with a stylish Cosmos Black edition, offering…
- CAIRO, July 14 (Xinhua) — Egypt is planning to drill 110 exploratory wells for gas and oil, with a total investment of 1.2 billion U.S. dollars during the current fiscal year 2024/2025, Egyptian Ministry of Petroleum and Mineral Resources quoted Minister Karim Badawi as saying in a statement on…
- NAIROBI, Kenya, July 15 – Uncover, a Kenyan-founded skincare firm, has secured Sh180.9 million ($1.4 million) from international investors to expand its business portfolio. The Seed 2 funding was led by EQ2 and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital, and Altree…
- SEOUL, July 15 (Xinhua) — South Korea’s export of information and communications technology (ICT) products rose in double digits in the first half of this year, government data showed Monday. The ICT products shipment soared 28.2 percent from a year earlier to 108.85 billion U.S. dollars in the…
- NAIROBI, Kenya, July 15 – The Energy and Petroleum Regulatory Authority (EPRA) has increased the Road Maintenance Levy by Sh7 to Sh25 despite public criticism of the new tax. Only last week did the Ministry of Roads and Transport sought public views before increasing the fuel levy by Sh7 to Sh25…
- NAIROBI, Kenya, July 14 – The Energy and Petroleum Regulatory Authority (EPRA) has cut super petrol, diesel, and kerosene prices per liter by Sh1, Sh1.5, and Sh1.3, respectively. Starting midnight, a liter of petrol will retail at Sh188.4 in Nairobi from Sh189.4 currently. While a liter of diesel…
- KABUL, July 14 (Xinhua) — Around 90,000 CCTV cameras have been installed in different parts of Afghanistan’s capital Kabul to ensure security and check criminal activities, spokesperson for the Ministry of Interior Affairs Abdul Matin Qani has said. Local TV TOLOnews quoting the official on…
- NAIROBU, Kenya, July 14 – The government has constituted a Taskforce on the Development of Cybersecurity Policy that will undertake a comprehensive review and audit of the Computer Misuse and Cybercrime Act. According to the Kenya Gazette notice dated June 6, 2024, the 21-member committee taskforce…
- JULY 14 – For the last few months, Asia’s richest man Mukesh Ambani has been grabbing the spotlight in India. It’s not because he has completed a major acquisition or cut a big philanthropic cheque, but it’s his son’s grandiose wedding celebrations that have entranced the entire nation and the…
- NAIROBI, July 14 (Xinhua) — International scientists on Friday called for home-grown research in Africa aimed at understanding genetic composition of early humans and their gradual revolution, describing the continent as the cradle of humanity. The consortium of scientists in a paper published by…
- BUENOS AIRES, July 13 (Xinhua) — Argentina will stop expanding its monetary base to reduce inflation in the country, Argentine Economy Minister Luis Caputo said on Saturday. “From now on the amount of money remains the same or is reduced,” the minister said on X, formerly Twitter. Argentina’s…
- NAIROBI, Kenya, July 13 – Innovate Africa, an angel investment fund dedicated to supporting early-stage African founders, has launched with an initial $2.5 million fund. The sector-agnostic fund co-founded by Kristin Wilson and Christian Idiodi aims to support up to 20 startups in its first year,…
- BY ELISHA KAMAU July 13 – The Euro 2024 extravaganza in Germany reaches its grand climax this Sunday at the iconic Olympiastadion in Berlin as England and Spain prepare to clash for the 28th time in 95 years. The spotlight has already been stolen by dazzling young talents, promising a final for the…
- ACCRA, July 13 (Xinhua) — The Civil and Local Government Staff Association of Ghana (CLOGSAG) has ended its nine-day strike after the government agreed to resolve the salary dispute, CLOGSAG announced in a communique late Friday. Isaac Bampoe Addo, the executive secretary of CLOGSAG, said in a…
- NAIROBI, July 13 (Xinhua) — Chinese firm Moja EV Kenya on Friday commenced the rollout of public electric vehicle (EV) charging stations to increase adoption of green transport in Kenya. Wang Aiping, chief executive officer of Moja EV Kenya, told journalists in Nairobi, the capital of Kenya, that…
- NAIROBI, July 13 (Xinhua) — Kenya’s foreign exchange reserves hit a new high of 7.896 billion U.S. dollars Friday after rising 121 million dollars, the Central Bank said in its weekly update of the financial markets. The surge comes about a week after the country fully settled its 2 billion dollar…
- BERLIN, July 13 (Xinhua) — Selling prices in Germany’s wholesale trade in June fell by 0.6 percent year-on-year, marking the 14th decline in a row, the country’s Federal Statistical Office (Destatis) said Friday. Europe’s largest economy saw its wholesale prices continue to drop since last year as…
- NEW YORK, July 13 (Xinhua) — U.S. federal aviation regulators said on Friday they are grounding SpaceX’s Falcon 9 rocket after an engine failure during Thursday’s launch of a batch of Starlink satellites. Falcon 9 rocket experienced a rare and troubling setback Thursday night as it attempted to…
- JULY 12 – Parliamentarians of the African Union are actively promoting the ratification of a protocol on the free movement of people across the continent, aiming to spur tourism and trade. Margaret Jepkoech Kamar, a Kenyan senator and member of the Pan-African Parliament committee on trade, customs…
- JULY 12 – British artificial intelligence (AI) chip firm Graphcore – once considered a potential rival to market leader Nvidia – has been bought by a Japanese conglomerate. Softbank has not disclosed how much it paid – but it is thought to be considerably less than the £2bn the UK company was…
- NAIROBI, Kenya, July 12 – Kenyan university educators are calling for an urgent review of existing infrastructure in higher education institutions to allow for the seamless integration of artificial intelligence (AI) in classrooms and research. This comes on the back of a workshop organized by the…
- Prime Minister July 11 – Narendra Modi, during his official visit to Austria, invited Austrian companies to invest in India to strengthen the economic ties between the two nations, according to the Ministry of External Affairs (MEA). Both Prime Minister Modi and Austrian Chancellor Karl Nehammer…
- JULY 12 – The German government has drawn criticism from opposition politicians and trade unions for its plans to grant tax relief to skilled foreign workers, as part of a program aimed at reviving the economy. Other measures include reducing red tape and encouraging people to work for longer…
- UNITED NATIONS, July 11 (Xinhua) — The United Nations released a report on Thursday projecting that the global population will peak this century. According to the World Population Prospects 2024: Summary of Results, it is expected that the world’s population will peak in the mid-2080s, growing over…
- NAIROBI, Kenya, July 12 – The High Court has declared the Social Health Insurance Act (SHIA) unconstitutional. A three-judge bench comprising Justices Alfred Mabeya, Robert Limo, and Fridah Megabit ruled that the Act lacked adequate public participation and contained disparities that rendered it…
- JAKARTA, July 12 (Xinhua) — The recent cyberattack in Indonesia that massively disrupted its national data system has urged the country to strengthen its cyber resilience and evaluate its digital technology policy. Indonesian Coordinating Minister for Political, Legal and Security Affairs Hadi…
- NAIROBI, Kenya, July 12 – Isuzu says that it will invest in Science, Technology, Engineering, and Mathematics (STEM) programs through scholarship funding. The vehicle assembler said that it will fast-track scholarships for secondary and tertiary education, mentorship programs for high school…
- NAIROBI, Kenya, July 12 – Airtel has opened its 69th outlet in Nairobi’s central business district to boost mobile money services. The new franchise outlet, located on Gaborone Road, adjacent to Nairobi Textiles, brings the total number of Airtel outlets in the country to over 2,600. The company…
- JULY 12 – Standard Chartered has unveiled the 21st Nairobi Marathon Edition, scheduled for October 27, 2024, at Uhuru Gardens. The marathon will support the Future Makers initiative, emphasizing youth empowerment through education, employability, and entrepreneurship. Chair of the Local Organizing…
- JULY 12 – Every day, for the last seven years, Arun Kumar has set up his fruit stall on a busy Mumbai street. It’s not an easy way to make a living. “Being a street vendor is a challenge. There’s the fear of being robbed or, as I am not a licensed vendor, the local […]
- WASHINGTON, July 12 (Xinhua) — The International Monetary Fund (IMF) on Thursday urged the U.S. government to reduce its high fiscal deficit and to put debt on a downward trajectory, reiterating the organization’s suggestion following the completion of the IMF staff’s recent 2024 Article IV Mission…
- NAIROBI, Kenya, Kuly 12 – Fintech company MOGO has invested Sh1 billion from the US International Development Corporation to finance electric vehicle acquisitions in Kenya. Rauls Leitis, MOGO Business Development Project Manager, said that the investment targets increasing the adoption of e-bikes…
- JULY 11 – Samsung is hoping to lure fitness and health-tracking technology lovers with its newest wearable device – the Galaxy Ring. It launched the device at its Galaxy Unpacked event on Wednesday as the latest addition to its ecosystem of devices it says it is “supercharging” with artificial…
- JULY 11 – The UK economy grew faster than expected in May helped by a strong performance from retailers and the construction industry. The economy expanded by 0.4%, rebounding from zero growth in April when wet weather put off shoppers and slowed down building projects. Construction grew at the…
- NAIROBI, Kenya July 11 – President William Ruto has dismissed his entire Cabinet, following pressure from GenZ youths who demanded change. In announcing the changes on Thursday, Ruto said only his Deputy Rigathi Gachagua and Prime Cabinet Secretary Musalia Mudavadi of the Foreign Affairs docket…
- NAIROBI, Kenya, July 11 – The newly commissioned 220/66 kilovolt (kV) Kimuka Substation will serve 560,000 customers in Nairobi and surrounding areas after it was opened yesterday by President William Ruto. The substation now supplies five 66kV feeder lines to Karen/Dagoreti/Kikuyu, Ngong, Matasia…
- JULY 11 – The Chinese government says it will investigate allegations that fuel tankers have been used to transport cooking oil after carrying toxic chemicals without being cleaned properly between loads. The controversy has spread online as social media users express concerns about potential food…
- NAIROBI, Kenya, July 11 – President William Ruto is set to preside over the conferment of city status to Eldoret Municipality. State House, in a letter addressed to Uasin Gishu governor Jonathan Bii, announced that the municipality has met all statutory conditions outlined in the Urban Areas and…
- SEOUL, July 11 (Xinhua) — South Korea’s population aged 65 and older topped 10 million, coming closer to a super-aged society, the interior ministry said Thursday. The number of officially registered residents aged 65 or higher reached 10,000,062 on Wednesday, according to the Ministry of the…
