President Uhuru Kenyatta (second from right) gifted visiting Burundi President Evariste Ndayishimiye with 50 high-grade cows in Kisumu on May 31, 2021. PHOTO | PSCU
Kenya and Burundi have signed bilateral agreements on trade and investment to strengthen economic ties between the two East African Community member states.
Safaricom headquarters on Nairobi’s Waiyaki Way. PHOTO | DIANA NGILA
Burundi President Evariste Ndayishimiye (left) with his host Uhuru Kenyatta in Kisumu, Kenya on May 31, 2021. PHOTO | PSCU
StanChart Kenya CEO Kariuki Ngari. PHOTO | DIANA NGILA
The Central Bank of Kenya headquarters. FILE PHOTO | NMG
The number of loans accounts held by medium, small and micro enterprises (MSMEs) increased by 41.7 per cent in three years, amid scramble by lenders for a share of the key market segment.
Treasury Cabinet Secretary Ukur Yatani. FILE PHOTO | NMG
The Treasury is set to wind up dormant funds including those created in the colonial era which Parliament sanctioned their closure eight years ago.
The Nairobi Expressway is under construction. The contractor, China Road and Bridge Corporation, has employed more than 2,000 local workers. PHOTO | NMG
Cement consumption rose by 24 percent in the first quarter of this year compared to the corresponding period in 2020, helped by improving demand from the private sector as the economy continues to
Kenya President Uhuru Kenyatta (right) and his Tanzania counterpart President Samia Suluhu Hassan having a word during Kenya-Tanzania Business forum at Serena Hotel on May 5, 2021. NMG PHOTO
Tanzania will allow Kenyan juices and wheat flour into its market, following a bilateral meeting that has resolved the trade barriers that had caused clearance hurdles at the border.
President Uhuru Kenyatta has challenged civilians institutions to emulate the Kenya Defence Forces (KDF) efficiency in public service delivery.
Kenya and Burundi on Monday signed several agreements aimed at strengthening cooperation between the two East African nations.
Kenya Power employees repair a transformer in Nairobi. The cost of inefficiency in Africa’s power and water sectors valued at $4.5 billion annually. PHOTO | FILE | NMG
African households and industries have been pushed into a life of unreliable and expensive power as a result of inefficient, loss-making state-owned power utility firms with questionable governance structures.
Angolan President João Lourenço. PHOTO | FILE | NMG
Angolan President João Lourenço Monday sacked the security minister and head of security and intelligence service over a financial scandal.
In one year, the pandemic has halted a quarter-century of steady economic growth in Africa, disrupted value chains, and caused an unprecedented increase in inequality and poverty. As a result, the entire world is at risk, because the global economy could lose one of its future drivers of growth.
LONDON, (The Southern African Times) – Former Ivory Coast President Laurent Gbagbo plans to return home on June 17 following his acquittal on charges of crimes against humanity at the
It is an honor to share with you that Keynote message by Doug McMillon, President and CEO of Walmart and Chairman of the Business Roundtable (BR) titled THE POWER OF TRADE, will be presented on Monday May 31st during the 4th edition of the Trade with Africa Business Summit.
20+ Speakers from around the world will share the virtual stage
including H.E. Ambassador Albert Muchanga who will deliver keynote
address on: “The Clarion Call to Accelerate Economic Recovery for Africa Post-Covid”.
Ambassador Albert Mudenda Muchanga is African Union (AU) Commissioner for Economic Development, Trade, Industry and Mining. In addition to these broad areas, his portfolio also
LONDON, (The Southern African Times) – The Board of Directors of the African Development Bank Group has approved $84.22 million in loans and grants to electrify nearly 80,000 rural households in south Rwanda. The project will advance the country’s goal of universal electrification and benefit small businesses and youth.
ROME, (The Southern African Times) – Italy and Libya will work together on illegal immigration and renewable energies, Prime Minister Mario Draghi and Libyan Prime Minister Abdul Hamid Dbeibah told reporters at a joint press conference after meeting here on Monday.
NAIROBI, (The Southern African Times) – A World Bank official on Monday urged African countries to prioritise domestic resource mobilisation as compared to debt in financing their response to the
By Ben Bago in Dodoma
THE Minister for Foreign Affairs and East African Cooperation, Ambassador Liberata Mulamula has ordered all heads of departments in the ministry to come up with strategic plans on how they can help the country promote economic diplomacy.
THE Chief of
Defence Forces (CDF), General Venance Mabeyo yesterday maintained that
Tanzania is safe and that both social and economic activities are on
good course.
By Mariam Said
President Samia Suluhu Hassan has appointed Dar es Salaam Special Police Zone Commander Camilius Wambura as new Director of Criminal Investigations (DCI).
The Ministry of
Information, Culture, Arts and Sports has requested the Parliament to
approve its 54.7bn/- budget proposal for the 2021/21 fiscal year.
