Investments

NAIROBI, May 15 (Xinhua) — The Standard Gauge Railway (SGR) in Kenya recorded a 40 percent rise in cargo hauled in the first quarter of 2025 as demand for the service grew, the Kenya Railways Corporation (KRC) said in a report released on Wednesday. The SGR transported 1.82 million tonnes of cargo during the three-month…

MAY 14 – President Donald Trump has said the US has “no stronger partner” than Saudi Arabia during his first major foreign trip – a whirlwind visit of Gulf countries mainly focused on shoring up investment. Speaking in Riyadh, the US president also pledged to lift all sanctions against Syria, saying it was now time…

Mutahi Kagwe, cabinet secretary for agriculture and livestock development, said the goal is to increase Kenya’s tea exports to China from 12.42 million kg in 2024 to 50 million kg by 2030. He made the announcement in a statement released in Nairobi, the capital of Kenya, after meeting with Zhang Chaobin, chairman of Fuzhou Benny…

MAY 12 – Both China and the United States have said that they’ve made progress at trade talks between the two countries in Switzerland. The US Treasury Secretary Scott Bessent described the discussions as “productive and constructive,” while China’s Vice Premier He Lifeng said the talks were “in-depth” and “candid”. The White House called it…

MAY 10 – US President Donald Trump has proposed cutting tariffs on goods from China, in his latest comment to signal interest in de-escalating the trade war between the world’s two biggest economies. “80% Tariff on China seems right,” Trump wrote on social media on Friday, ahead of trade talks between the two countries in…

MAY 10 – Mexico is suing Google for ignoring repeated requests not to call the Gulf of Mexico the Gulf of America on Google Maps for US users, President Claudia Sheinbaum says. She did not say where the lawsuit had been filed. Google did not respond to the BBC’s request for comment. On Thursday, the…

MAY 9 – The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement between the US and UK. The announcement offers relief for key UK industries from some of the new tariffs President Donald…

NAIROBI, Kenya, Apr 8 – The government is considering amendments to the Cyber Crime Act in a bid to combat the growing spread of misinformation online, Government Spokesperson Isaac Mwaura has said. Addressing concerns over the influence of digital platforms on public opinion, Mwaura stressed the need for stronger regulatory frameworks to maintain order in…

“The production of the Sangomar field continues to show strong performance with four shipments (SAN027, SAN028, SAN029, and SAN030), totaling 3.8 million barrels, which have been lifted and sold on the international market,” the ministry said in a statement. Output forecasts for this oil and gas field remain unchanged for 2025 at approximately 30.53 million…