Investments

DAMASCUS, May 25 (Xinhua) — The Trump administration’s recent decision to ease longstanding sanctions on Syria has sparked cautious optimism among Syrians and regional observers, with many viewing it as a potential turning point in the country’s arduous path toward recovery after more than a decade of conflict. On Friday, the U.S. Treasury Department issued…

NAIROBI, Kenya, May 24 – Tatu City and Stanbic Bank Kenya have entered a partnership aimed at simplifying home ownership for Kenyans and diaspora investors through accessible property financing options. Under the agreement, buyers can access up to 105 percent financing for homes valued at Sh10.5 million, with a fixed interest rate of 9.5 percent,…

NAIROBI, Kenya, May 23 – Kenya’s State Department for Technical and Vocational Education and Training (TVET) is implementing major reforms to reposition the sector as a key driver of job creation and inclusive growth under the government’s Bottom-Up Economic Transformation Agenda (BETA). The reforms, presented to the National Assembly’s Departmental Committee on Education in April…

MAY 22 – When Japan’s farm minister declared that he never had to buy rice because his supporters give him “plenty” of it as gifts, he hoped to draw laughs. Instead Taku Eto drew outrage – and enough of it to force him to resign. Japan is facing its first cost-of-living crisis in decades, which is…

NAIROBI, Kenya, May 21 – The Public Service Commission (PSC) has directed all public bodies under its mandate to begin paying non-practice and prosecutorial/special legal allowances to eligible Advocates of the High Court working in the public service, effective July 1, 2025. The move follows judgments by the Employment and Labour Relations Court and the…

May 20 – A Channel Islands business has signed a deal with the Kenyan government to enable staff to be recruited to work in the three UK Crown dependencies. The agreement between recruitment firm GR8 and the Kenyan government would pave the way for staff to be recruited to work in Jersey and Guernsey and…

NAIROBI, Kenya, May 19 – The Ministry of Energy and Petroleum is under pressure to comply with a High Court ruling in a case filed by Gitson Energy Ltd, following warnings from legal representatives of potential contempt proceedings. In a letter dated May 15, 2025, W. Thuku and Associates Advocates, acting for Gitson Energy, accused…

NAIROBI, May 17 (Xinhua) — Kenya’s wildlife authorities on Friday launched a 10-year national recovery and conservation action to save the rare pancake tortoise. The Kenya Wildlife Service (KWS) said the National Recovery and Conservation Action Plan (2025-2035) is designed to protect the pancake tortoise, or Malacochersus tornieri, which is endemic to arid and semi-arid…

NAIROBI, Kenya, May 18 – Huawei Kenya, Equity Group Foundation, and the Open University of Kenya (OUK) have launched a Huawei ICT Academy at Konza Technopolis to train over 10,000 learners in digital skills and boost innovation across health, education, agriculture, and fintech. The academy, based at Kenya’s first digital-first university, will offer flexible online courses…