U.S. imposes wide array of sanctions on Russia for ‘malign’ actions

By Reuters,

The United States on Thursday imposed a broad array of sanctions on Russia, including curbs to its sovereign debt market, to punish it for interfering...

President Joe Biden , President Vladimir Putin , sanctions , U.S Election

Equity Group Holdings plans Trans-Africa expansion with Ksh.11B loan

By Citizen Reporter,

Equity Group Holdings (EGH) has signed a USD $100 million loan (Ksh 11 Billion) facility to support its expansion across Eastern and Central Africa, e...

AfDB , equity bank

President Kenyatta says public-private partnerships good for sports

By PSCU,

President Uhuru Kenyatta has attributed Kenya's growing profile as a top sporting nation to strong partnerships between the Government and actors in t...

Golf , Kenyatta

When China and other huge nations dispatch digital currencies, will it commence worldwide chaos?

By Agencies,

Probably the most sweltering subject in cryptographic forms of money is the possibility of significant economies dispatching state-sponsored computeri...

Diaspora dollar flow rises by 17 per cent to Ksh.29 billion in October

By Kepha Muiruri,

Inflows from Kenya’s diaspora have continued to grow by 17.3 per cent to Ksh.28.8 billion ($263.2 million) in October from Ksh.24.6 billion ($224.3 ...

Central Bank of Kenya (CBK) , diaspora remittances

DIAZ: Finally some light at the end of the tunnel

By Guest Writer,

Just a few months back, we feared the worst for the world economies. As the Covid-19 pandemic ravaged through developed economies to hit at the hea...

coronavirus , Kenya economy , safe flights

Africa’s dollar flows from migrant workers set to fall by Ksh.1.2T, study reveals

By Kepha Muiruri,

Dollar flows to Sub-Saharan Africa from its migrant population abroad is expected to decline in 2020 by Ksh.1.2 trillion ($11 billion) in 2020 or an e...

Central Bank of Kenya (CBK) , Covid-19 pandemic , remittances

Could coronavirus shut Wall Street? Banks begin moving staff out

By CNN,

US stock markets were halted briefly Monday as a record fall in oil prices and fears of the coronavirus triggered panic selling. But the epidemic p...

coronavirus

OPINION: Involvement in international summits unlocks Kenya’s potential

By Citizen,

By Michael Cherambos President Uhuru Kenyatta is yet again out of the country. This time, he is accompanied by his handshake brother former Prime M...

President Uhuru Kenyatta , raila odinga

Cryptocurrency plan will radically transform Kenya’s monetary system: report

By Kepha Muiruri,

A ICT Ministry-backed team has retained its quest for the development of cryptocurrency assets in Kenya in spite of regulator unease. The task-forc...

bitcoin , cryptocurrency , ICT Ministry , Joe Mucheru

How China is slowly expanding its power in Africa, one TV set at a time

By CNN,

In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru doesn't have running water and i...

China in Africa , Pang tV , StarTimes , TRANSSION

Photo of drowned migrant triggers fight over Trump asylum clampdown

By Reuters,

A harrowing photo of a Salvadoran migrant and his young daughter who drowned in the Rio Grande at the U.S.-Mexico border became the focus on Wednesday...

Donald Trump , migrants , U.S.-Mexico border , United Nations

Global money-laundering watchdog launches crackdown on cryptocurrencies

By Reuters,

Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog said on ...

crackdown on cryptocurrencies , cryptocurrency , money laundering

Mozambique seeks Ksh.300 billion to recover From cyclones

By VOA,

Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this y...

Cyclone Idai , cyclone kenneth , Cyclones , Mozambique , World Bank

CBK: Kenya needs to reorganize debt as room for borrowing has shrunk

By Reuters,

Kenya’s headroom for new borrowing has shrunk since it tapped the Eurobond market this month and it is time for the country to begin reorganizing it...

CBK Governor Dr. Patrick Njoroge , Kenya debt

Chinese Economic Outreach in Latin America Draws US Concerns

By VOA,

For generations, the economies of Latin America and the Caribbean have been dominated by trade with the United States. In recent years, though, a g...

China’s Xi says Belt and Road must be green, sustainable

By Reuters,

China’s Belt and Road Initiative (BRI) must be green and sustainable, President Xi Jinping said in opening a summit on his grand strategy, adding th...

china , China’s Belt and Road Initiative (BRI)

Britain starts search for next Bank of England governor

By Reuters,

Britain’s finance minister Philip Hammond said on Wednesday he was starting the process of finding a replacement for Mark Carney as governor of the ...

Horticulture exports to Britain will not be disrupted after Brexit: official

By Reuters,

Britain’s exit from the European Union will not disrupt Kenya’s horticulture exports to that country, said a senior Kenyan government official. ...

brexit , Chris Kiptoo

French authorities fear ‘great violence’ as yellow vest anger endures

By Reuters,

French authorities are worried that another wave of “great violence” and rioting will be unleashed in Paris this weekend by a hard core of several...

Bruno Le Maire , Franch , French authorities , Gerald Darmanin , President Emmanuel Macron , Prime Minister Edouard Philippe