Investments

JUNE 7 – They rumble down the highway between Beijing and Tianjin port: big lorries, loaded up and fully able to navigate themselves. Sure, there is a safety driver in the seat, as per government regulations, but these lorries don’t require them, and many analysts say it won’t take long before they are gone. When…

MEXICO CITY, June 6 (Xinhua) — The Mexican government said Thursday it strongly disagrees with a U.S. Supreme Court ruling to dismiss its lawsuit against eight U.S. gun companies for their alleged role in trafficking illegal arms into Mexico. The Ministry of Foreign Affairs strongly expresses its disagreement with the decision issued by the Supreme…

JUNE 5 – With Air Canada and Southwest the latest airlines to charge passengers for check-in luggage, the ballooning cost of such ancillary or “junk fees” is provoking anger among politicians and consumer groups. At the same time, sales of suitcases small enough for passengers to take on the plane as hand luggage are booming….

NAIROBI, Kenya, June 4 – Harambee Sacco has launched a nationwide campaign aimed at boosting savings among youth, informal sector workers, and retirees, as it seeks to broaden its member base and promote an inclusive savings culture. The Sacco is currently touring different regions to engage members and recognize individuals who have saved more than Sh1…

NAIROBI, Kenya, June 3 – Hemingways Hospitality has expanded into Rwanda with the acquisition of Heaven Holdings. The expansion, which is the chain’s first outside of Kenya, will result in a merger of The Retreat hotel, Fusion Restaurant, Heaven Restaurant, Heaven Boutique Hotel, and Heaven Experiences, the company’s tour operating arm, into one entity. “Welcoming…

JUNE 2 – China says the US has “severely violated” their trade truce and that it will take strong measures to defend its interests. China’s Ministry of Commerce said Washington has “seriously undermined” the agreement reached during talks in Geneva last month, when both countries lowered tariffs on goods imported from each other. The spokesperson…

JUNE 1 – The EU has said it “strongly” regrets Donald Trump’s surprise plan to double US tariffs on steel and aluminium in a move that risks throwing bilateral trade talks into chaos. On Friday, the US president told a rally in the steel-making city of Pittsburgh that the tariffs would rise from 25% to…

By Shadrack Kiratu MAY 31 – Most health insurers are digitising and aim to turn these investments into a competitive advantage. Across Kenya and other emerging markets, insurers are investing heavily in digital transformation – automating claims, launching apps, streamlining payment flows to reduce costs. Yet the operational and strategic gains remain limited. The real…

NAIROBI, Kenya, May 29 – Countries forming the East African Community (EAC) bloc have been urged to negotiate trade agreements with third parties as a bloc to improve negotiation leverage. The East African Business Council (EABC) Acting Executive Director Adrian Raphael Njau added that an EAC unified approach will enhance trust among partner states. The…