Cash-strapped Africa overwhelmed by COVID vaccine challenge

By Reuters,

When Ghana received 50,000 COVID vaccine doses from India last month, it hit a frustrating roadblock: it had not trained enough staff to distribute th...

coronavirus , covax , vaccine

How Bitcoin gained its glory

By Agencies,

The famous cryptocurrency has crossed this primary psychological milestone, with a price of $51,202. Mastercard and BNY Mellon, two financial technolo...

Cut the debt of poor countries, Pope Francis tells IMF and World Bank

By Reuters,

Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need to have their debt burden reduced ...

debt , IMF , loan , Pope Francis

Implementing BBI proposals would cost at least Ksh.20B annually

By Chemutai Goin,

The exchequer will have to dig deeper in the next financial year to finance the proposed changes to the 2010 constitution through the Building Bridges...

BBI Bill

MPs demand suspension of Kemsa’s Waiganjo Karanja over alleged role in PPE scam

By Edwin Obuya,

Members of Parliament are now demanding that Kemsa Finance manager Waiganjo Karanja be suspended for his role in the Ksh. 7.8 billion PPE scandal. ...

KEMSA

Johnson & Johnson, African Union in deal for up to 400 million COVID-19 doses

By Reuters,

Johnson & Johnson will supply the African Union (AU) with up to 400 million doses of its COVID-19 vaccine beginning in the third quarter, the drug...

AFRICAN UNION , Johnson & Johnson

Uhuru mourns former Kuria East MP Shadrack Manga, media personality Lorna Irungu

By PSCU,

President Uhuru Kenyatta has mourned the deaths of former Kuria East MP Shadrack Roger Mwita Manga who passed on Thursday night and the late media per...

lorna irungu , President Uhuru Kenyatta , Shadrack Roger Mwita Manga

Namibian Gov’t removes tax for sanitary pads

By Agencies,

The Namibian Government has abolished taxation of sanitary pads. Finance Minister Iipumbu Shiimi announced that the directive would take effect in ...

MENSTRUATION , sanitary pads

Obituary: This man John Pombe Magufuli

By Waihiga Mwaura,

Tanzania President John Pombe Magufuli is dead. Magufuli's death was announced Wednesday night by Tanzanian Vice President Samia Hassan Suluhu. She...

John Magufuli , Tanzania

Uber to give UK drivers workers’ rights after court defeat

By Reuters,

In a major victory for unions, Uber’s more than 70,000 British drivers will be paid the minimum wage while picking up and driving passengers as part...

Jamie Heywood , supreme court , uber

Senate delays debate on Biden’s $1.9 trillion COVID-19 bill while it is read aloud

By Reuters,

The U.S. Senate voted on Thursday to take up President Joe Biden’s $1.9 trillion coronavirus aid bill, but put off the start of a contentious debate...

coronavirus , COVID-19 , President Joe Biden , U.S Senate

Change of tune as DP Ruto now criticizes gov’t over rising public debt

By Sam Ogina,

In a dramatic change of position, DP William Ruto launched a scathing attack at the government’s heavy borrowing saying it continues to cripple the ...

debt , ruto , Uhuru

President Kenyatta congratulates new IFC boss Makhtar Diop

By PSCU,

President Uhuru Kenyatta has congratulated Mr Makhtar Diop on his appointment as the new CEO of the International Finance Corporation (IFC), a member ...

IFC , Makhtar Diop

Nigeria’s Ngozi Okonjo-Iweala makes history as first woman, first African WTO head

By Reuters,

Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to...

Ngozi Okonjo-Iweala , World Trade Organization

Zimbabwe receives 200,000 doses of Sinopharm COVID-19 vaccines

By Reuters,

A plane carrying Zimbabwe’s first coronavirus vaccines, 200,000 doses donated by China, arrived in the capital Harare on Monday. A further 600,00...

COVID-19 , vaccine , Zimbabwe

KQ poised for Ksh.10B bailout by state

By Citizen Reporter,

The details of the additional cash injection into the national carrier-KQ- are contained in the supplementary budget tabled in the national assembly a...

kq

Gov’t to borrow more to finance recurrent expenditure if BBI passes

By Sam Gituku,

Should the Building Bridges Initiative-sponsored constitutional amendments take effect then the Kenyan government will have to effect structural chang...

BBI , National Treasury

Where is Jack Ma? Chinese billionaire suspected missing after criticising State

By Ian Omondi,

Vocal Chinese business magnate and billionaire Jack Ma has reportedly not made any public appearance in slightly over two months, and queries are now ...

Alibaba , Ant Group , china , Jack Ma

Over 56,000 learners with no schools to report back to next week

By Nimrod Taabu,

Over 56,000 learners will have no schools to report back to on Monday next week after it emerged that 339 private schools have permanently closed down...

coronavirus , magoha , schools

U.S. reinstates Sudan’s sovereign immunity, authorizes funds to help pay debt

By Reuters,

The United States on Monday reinstated Sudan’s sovereign immunity, as the U.S. Congress passed legislation formalizing the move, following the endin...

Sovereign immunity , Sudan , U.S. Congress