G-20 finance officials pledge to protect global growth

U.S. Treasury Secretary Steven Mnuchin, left bottom, and China’s Finance Minister Liu Kun, right top, pose with other participants for a family photo of the G20 finance ministers and central bank governors meeting Sunday, June 9, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko) Finance ministers and central bank chiefs from the Group of 20

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Civil disobedience campaign empties streets of Sudan’s capital

FILE PHOTO: Sudanese protesters use burning tyres to erect a barricade on a street, demanding that the country’s Transitional Military Council hand over power to civilians, in Khartoum, Sudan June 3, 2019. REUTERS/Stringer A civil disobedience campaign to demand civilian rule left the streets of Sudan’s capital Khartoum largely deserted on Sunday, while police fired

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Report: House prices in Nairobi dropped by 2.8pc

The prices of houses in Nairobi Metropolitan dropped in the first quarter of 2019 since 2013. According to a report by the Kenya Bankers Association (KBA), the decline represented about 2.8 per cent in comparison to 1.5 per cent recorded in the same period last year.The report attributed the decline in the house prices to

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It’s a Barty party: Australian wins 1st major at French Open

Australia’s Ashleigh Barty kisses the trophy as she celebrates winning her women’s final match of the French Open tennis tournament against Marketa Vondrousova of the Czech Republic in two sets 6-1, 6-3, at the Roland Garros stadium in Paris, Saturday, June 8, 2019. (AP Photo/Christophe Ena) Ash Barty knew she needed a break from tennis,

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UK opens army training facility for Somali forces

The UK officially opened a training facility in Somalia on Saturday for the Somali National Army (SNA), as the Horn of African country readies to take up security responsibilities. The British Embassy in Somalia announced that “the new centre will help develop Somali led security forces & promote long term stability and security in the

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Two Sudan rebel leaders arrested after meeting Ethiopia PM – sources

FILE PHOTO: Ethiopian Prime Minister Abiy Ahmed meets the head of Sudan’s Transitional Military Council, Lieutenant General Abdel Fattah Al-Burhan Abdelrahman, to mediate in the political crisis that has followed the overthrow of President Omar al-Bashir, Khartoum, Sudan June 7, 2019. REUTERS/Mohamed Nureldin Abdallah/File Photo Two Sudanese rebel leaders were arrested early on Saturday, opposition

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U.S. and Russia trade blame over near collision in East Asian waters

Photo/Reuters Russia and the United States blamed each other for a near collision between their warships in East Asian waters on Friday with both countries accusing one another of dangerous and unprofessional behavior. Acting U.S. Defense Secretary Patrick Shanahan said Washington would lodge a formal diplomatic protest to Russia, while a senior Russian parliamentarian said

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Kenya ‘Hanging At The Edge Of A Debt Trap,’ Observers Say

Lending institutions fear that Kenya’s foot may be stuck on the debt pedal with the latest loan in the amount of $750 million from the World Bank to be paid over 30 years. A number of experts and players in the financial sector do not think all is well. The Central Bank, which is the

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Closure of hawala accounts puts Swedish-Somali community in a bind

Samsam Ahmed in Stockholm uses the hawala system to send money to her family in Somalia. She is “very concerned” over the closures. Credit: Mona Ismail Jama/Sveriges Radio An increasing number of companies that help people transfer money to countries without reliable banking systems, known as hawala companies, are seeing their accounts with Swedish banks

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Somali ‘presidential candidate’, 3 Kenyans linked to terrorism

A man alleged to be a Somali Presidential candidate and three Kenyan nationals were detained on Thursday under suspicion of terror related offences in Nairobi. Ibrahim Kassim Farah, Mohamud Mohamed Bashir, Ali Abdi Mohamed and Hussein Hassan Muhammud were arrested on Wednesday in Muguga area in Kiambu. Ibrahim Kassim was arrested at his house in

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