The cap on interest rates is meant to help small traders access credit but instead it is strangling the economy Kenya might be unable to sustain its economic growth rate of about 6% a year due to poor credit growth caused by a cap on commercial lending rates, the CEO of Equity Group said on

LONDON (Reuters) – The sharp year-on-year decline in British new car registrations eased last month after a hefty drop in September, but the market still remained depressed by uncertainty about the future of diesel vehicles, an auto trade association said on Monday. The Society of Motor Manufacturers and Traders said new car registrations in October

Mogadishu-The Energy and water minister of Somalia Abdiaziz Hassan Mohamed has announced his resignation from the government of Somalia. He said he had resigned as minister after the conditions of the Governor candidates in South West State Election were supposed to resign if he had another position. “Following the demands of the South West Election

The sons of slain journalist Jamal Khashoggi delivered an emotional appeal on Sunday asking for the return of their father’s body in an interview with CNN. In their first interview since their father was murdered, Salah and Abdullah Khashoggi said that the past few weeks have been painful for them as they continue to wait

Fishermen in Lamu County want President Uhuru Kenyatta to ban the sale of fish in Kenya by their counterparts from Somalia and Tanzania. The call is by at 6,000 fishermen from Kiunga and Ishakani on the border of Lamu and Somalia. Others are from Mkokoni, Kiwayu, Ndau, Faza, Kizingitini and Pate – all in Lamu

The South West State of Somalia. Former Al-Shabaab leader Mukhtar Robow Ali should be in prison or execute former Al-Shabaab funder he committed a lot of crimes Rape Murderer Blackmail, Extortion killing thousands innocent. Somali people Somali government rewards him as to run office South West election is insulted those families lost loved one. Mukhtar

President Recep Tayyip Erdoğan warned Sunday that Turkey will not allow oil and gas extraction in eastern Mediterranean through plans excluding the nation and the Turkish Republic off Northern Cyprus (TRNC). “We will not accept attempts to seize natural resources in eastern Mediterranean through exclusion of Turkey and the TRNC,” Erdoğan said at a ceremony

Somali National Intelligence and Security Agency said it has suspended a multi-million contract signed by the former Internal Security Minister, Abdirisack Omar Mohamed. According to the official twitter post by the security agency published on Saturday evening, the contract was awarded by former minister Abdirizack Mohamed in the unclear bidding process. The agency said it

A delegation led by Nicholas Haysom, the UN Special Representative for Somalia and head of the Assistance Mission Unsom  has arrived in Garowe, the capital of Puntland on Saturday. Upon arrival, the UN envoy received a warm welcomed from state officials an cheering crowd before being escorted to the presidential palace, where he held talks

The order to kill Jamal Khashoggi came from the highest levels of the Saudi government, President Recep Tayyip Erdoğan said late Friday in an opinion piece in The Washington Post detailing Turkey’s stance on the killing of the journalist in the kingdom’s Istanbul consulate. “Saudi Arabia still has many questions to answer about Jamal Khashoggi’s