AUG 15 – Global talks to develop a landmark treaty to end plastic pollution have once again failed. The UN negotiations, the sixth round of talks in just under three years, were due to end on Thursday but countries continued to negotiate into the night in the hopes of breaking a deadlock. There remained a…
AUG 14 – Producers in the US raised their prices at the fastest pace in more than three years last month as companies grappled with new costs from tariffs introduced by US President Donald Trump. The producer price index, which measures the selling price commanded by US producers, jumped 0.9% from June to July, after…
AUG 13 – Artificial intelligence start-up Perplexity AI has made a surprise $34.5bn (£25.6bn) takeover bid for the world’s most popular web browser, Google Chrome. The three-year-old firm, whose backers include Amazon founder Jeff Bezos and chip maker Nvidia, is headed by a former Google and OpenAI employee. But one technology industry investor called the…
By Juma Majanga NAIROBI, Kenya, Aug 12 – In a country plagued with many challenges that cut across healthcare, education, and youth unemployment Kenya’s debt profile needs to be carefully examined for necessary fiscal adjustment. This will enable optimal utilisation of the country’s budget. Kenya’s budget is funded mainly through domestic revenue and foreign debt….
NAIROBI, Kenya, Aug 11 – Equity Group has reported a net profit of Sh34.6 billion for the half year ended June 2025, a 17 percent increase from Sh29.6 billion in the same period last year, driven by strong performance across its regional subsidiaries. The Kenyan unit recorded a 40 percent rise in net profit to…
AUG 10 – An Indian tycoon’s sudden death in June has triggered a fierce inheritance battle at an Indian automotive giant. Sunjay Kapur, 53, suffered a heart attack on 12 June while playing polo in Surrey in the UK. He was an heir to Sona Comstar, a $3.6bn (£2.7bn) business empire he inherited from his…
AUG 9 – Donald Trump has delivered a profound shock to the global trading system since returning to the White House. On 7 August, his sweeping new tariffs – taxes on imports – on more than 90 countries came into effect. They range from 10% on the UK to 41% on Syria and India is…
The M-PESA Sokoni caravan toured Nairobi estates for a week. It focused on digital finance transforming the county. It empowered businesses. At the Grand Finale, residents can explore services. These include Lipa na M-PESA, a go-to payment method for millions. It ensures seamless, secure transactions. Other services to be explored include Pochi la Biashara, a…
AUG 7 – Six people have been killed after a light aircraft belonging to a medical charity crashed in Kenya’s capitol, Nairobi, according to a local official. Charity Amref Flying Doctors said the Cessna plane took off from Wilson airport on Thursday afternoon and was en route to Hargeisa in Somalia when it crashed and…
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