By Business Daily Africa The Central Bank of Kenya (CBK) is seeking Sh5 billion from the reopened 14-year infrastructure bond, which investors oversubscribed in the initial auction that closed last week. The reopened paper will be on sale from November 16-22 or upon attainment of the targeted amount, whichever comes first. The initial sale of

Britain’s Chancellor of the Exchequer Jeremy Hunt walks at Downing Street in London, Britain, November 17, 2022. Photographer Peter Nicholls By Reuters The British government announced on Thursday plans to freeze income tax allowances and lower the threshold at which people start to pay the highest rate of income tax, in order to stabilise the

The 2023 Toyota Prius is introduced on Wednesday, Nov. 16, 2022, in Los Angeles. (AP Photo/Marcio Jose Sanchez) By The Associated Press The new Toyota gas-electric Prius hybrid not only comes with more power, acceleration and driving range. It’s also more stylish, scrapping the rather stodgy angular body for a sleekly futuristic look. Simon Humphries,

Photographer Somali Times Livestock traders in Mogadishu said that Al-Shabab still extort money from them, which they called poverty and taxes. Some of these businessmen who spoke to Somali Times, said that Al-Shabab collect the money not far from the Somali presidential palace in Villa Somalia and Bakara market. The businessmen said that there has

By Anadolu Agency France on Wednesday voiced solidarity with Ukraine but said there is a need to “reopen the negotiations” towards a permanent peace, while also praising Turkey’s role in urging both sides to talk. Speaking at a press conference at the end of the G-20 summit in Bali, Indonesia, French President Emmanuel Macron stressed

MI5 Director General Ken McCallum is photographed in London Thomson Reuters By Reuters Iran’s intelligence services have made at least 10 attempts to kidnap or even kill British nationals or individuals based in the United Kingdom regarded by Tehran as a threat, the head of Britain’s domestic spy agency said on Wednesday. Ken McCallum, Director

By The Associated Press An oil tanker associated with an Israeli billionaire has been struck by a bomb-carrying drone off the coast of Oman amid heightened tensions with Iran, officials told The Associated Press on Wednesday. The attack on the Liberian-flagged oil tanker Pacific Zircon happened Tuesday night off the coast of Oman, one Mideast-based

Britain’s Prime Minister Rishi Sunak attends a working session on food and energy security during the G20 Summit on November 15, 2022 in Nusa Dua, Indonesia. The new British Prime Minister aims to articulate his foreign policy vision here while grappling with economic instability at home. Photographer Leon Neal By Reuters Surging household energy bills

US Secretary of State Antony Blinken: Credit to Photo/Associated Press US Secretary of State Antony Blinken has called on Rwanda “to take steps to facilitate de-escalation” in eastern DRC where Congolese forces are engaged in a battle with M23 rebels that are allegedly being supported by Rwanda, according to The East African newspaper reported. On

Kenyan and French businesspeople during a gala organised by the Kenya France Business Club in Paris in September 2021 By Business Daily Africa Trade between Kenya and France has gradually been growing over the years with Nairobi exporting Sh11 billion ($90.9 million) in goods last year, according to United Nations Comtrade database on international trade.