President Uhuru Kenyatta at a past function [Source/ State House/Twitter] The family of President Uhuru Kenyatta is Sh2 billion richer after a surge in bank share prices. According to Business Daily Africa, the other beneficiaries are the family of former Central Bank governor Philip Ndegwa and Equity Group chief executive James Mwangi. The trio gained

U.S. President Donald Trump exhorts regularly on Twitter, referring to a telephone call with Ukraine’s president that led to an impeachment inquiry. Now he is threatening to do just that – on live television. Trump told the Washington Examiner he would not cooperate with congressional impeachment proceedings and might read out loud a transcript of

Photo/Somali Times The Cabinet today approved a majority vote of $ 459.5 million for the 2020 government budget. The increase in the 2020 budget, most of which is an increase in the army’s pay, with each soldier earning $ 200 a month. Prime Minister Hassan Ali Khaire, who chaired the meeting, thanked the Ministry of

Minister of Transport and Communications, H E Jassim bin Saif Al Sulaiti (right), witnessed the signing of a preliminary agreement between Qatar and Somalia for the ‘Mutual Inclusion of Each Other’s Territories in the Service Areas of their Satellite Network’ on the sidelines of the Qatar IT Conference & Exhibition (QITCOM 2019). Afterwards, the Minister

Officials and businesspeople from Turkey and Somalia emphasized developing economic ties between the two countries and called for more initiatives to enhance cooperation in every field. Speaking at a Turkey-Somali Business Council meeting organized by the Foreign Economic Relations Board (DEİK) on Wednesday, the council’s head Ahmet Sami İşler stressed that Somalia has a very

As a testimony to South Sudan’s growing attractiveness as an investment destination, South Sudan Oil & Power (SSOP) 2019 was host to delegations and officials from Kenya, Ethiopia, Egypt, Somalia, Norway, US and South Africa. During his opening keynote, Minister of Petroleum of South Sudan, Daniel Awow Chuang, expressed the country’s vision in the oil

Photo/Somali Times Mogadishu, The Prime Minister of the Federal Government of Somalia. Mr Hassan Ali Khaire, has called on the international community to immediately participate in the rescue efforts in the flood-hit areas of the country. Hassan Ali agenda and sent a letter to all states friendly to Somalia and the international community, said the

Participants watch Saudi Energy Minister Prince Abdulaziz bin Salman on a screen during his speech at the Future Investment Initiative forum in Riyadh, Saudi Arabia, Wednesday, Oct. 30, 2019. The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi Aramco will see shares traded on Riyadh’s stock exchange in December,

Britain’s Prime Minister Boris Johnson speaks at the House of Commons in London, Britain, October 28, 2019, in this screen grab taken from video. Parliament TV via REUTERS Britain was heading toward its first December election in almost a century after Prime Minister Boris Johnson’s bet on breaking the Brexit deadlock with an early ballot

Photographer: Simon Dawson/Bloomberg By David Goodman U.K. house prices barely moved this month as the market remained trapped by Brexit uncertainty, according to Nationwide Building Society. Prices edged up 0.2% in October from last month, the mortgage lender said Tuesday. From a year ago, values rose 0.4%, registering sub-1% growth for an 11th month. The