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…
MAY 29 – Elon Musk has said he is leaving the Trump administration after helping lead a tumultuous drive to shrink the size of US government that saw thousands of federal jobs axed. In a post on his social media platform X, the world’s richest man thanked Trump for the opportunity to help run the…
NAIROBI, Kenya, May 28 – The International Consumer Protection and Enforcement Network (ICPEN), comprising over 70 global consumer protection authorities, has issued a joint open letter advising airlines to align their environmental marketing with consumer protection laws. The move comes amid rising scrutiny over “greenwashing” in aviation, an industry responsible for around 3 percent of…
MAY 27 – Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the layoffs will mainly impact office-based positions in Sweden, representing about 15% of its white collar workforce. Last month, Volvo Cars, which is owned by Chinese group Geely Holding, announced an…
MAY 26 – Burgundy is one of the most prestigious wine regions in France, and the US is its biggest export market. But now Donald Trump’s tariffs are threatening to price European wine out of the American marketplace. Crouched in cold mud under a thin Spring rain, vineyard employee Élodie Bonet snaps off unwanted vine…
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