Central Bank of Kenya. The US has warned Kenya against manipulation of the shilling against the dollar during the ongoing talks for a bilateral trade pact. The US is seeking an undertaking that Kenya will let market forces influence the rate of exchange of the shilling to the dollar as part of the trade agreement.

Photo/Somali Times The Prime Minister of the Federal Republic of Somalia, Mohamed Hussein Roble today received in his office some of the International Ambassadors to Somalia and representatives of the United Nations, the European Union and the African Union. The meeting exchanged views on the situation in the country and how the new government can

Qatar Airways [GlynLowe/Flickr] Qatar Airways received a 7.3 billion riyal ($1.95 billion) lifeline from the Qatar government after losing 7 billion riyal in the year to March 31, the state-owned group disclosed on Sunday, Reuters reports. Several countries, including the United States, have stepped in to help airlines hammered by the coronavirus crisis that brought

Photo: Credit The Financial Times By Martin Arnold in Frankfurt More than 700,000 jobs would be at risk for EU companies exporting to Britain if the UK and Brussels fail to agree a trade deal this year, according to a leading German economic research institute. In total, including companies outside the EU that export to

Photo: Credit AFP SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft launched from Launch Complex 39A on NASA’s SpaceX Demo-2 mission to the International Space Station. Kenya has been thrust into the centre of a fresh row between the US and China over a multi-billion dollar space programme that Washington says will put

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 24, 2020. Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares.(AP Photo/Ahn Young-joon) Asian shares were mostly lower Thursday

ByteDance Ltd.’s TikTok app button, reflected in a mirror, is arranged for a photograph on a smartphone in Sydney, New South Wales, Australia, on Monday, Sept. 14, 2020. Oracle Corp. is the winning bidder for a deal with TikTok’s U.S. operations, people familiar with the talks said, after main rival Microsoft Corp. announced its offer

Military forces fire a High Mobility Artillery Rocket System (HIMARS) rocket during the annual Philippines-US live fire amphibious landing exercise (PHIBLEX) at Crow Valley in Capas, Tarlac province, north of Manila, Philippines October 10, 2016. REUTERS/Romeo Ranoco/File Photo The United States plans to sell as many as seven major weapons systems, including mines, cruise missiles

The Jubilee administration looks set to borrow an average of Sh2.5 billion daily before the end of President Uhuru Kenyatta’s final term in August 2022, highlighting its growing appetite for foreign debt. Treasury chiefs project in a draft Budget Review and Outlook Paper new loans of Sh1.87 trillion in the two years to June 2020

In this Wednesday, Sept. 9, 2020 file photo, Britain’s Prime Minister Boris Johnson leaves Downing Street to attend the weekly session of Prime Ministers Questions in Parliament in London. British Prime Minister Boris Johnson has strongly defended his controversial plan to override sections of the Brexit deal that he negotiated with the European Union, arguing