For every Sh100 Kenya is collecting in tax revenue, it is spending Sh130 to fund its budget needs, an overspending that is driving its voracious debt appetite to plug the shortfall. An analysis of the most recent expenditure data published by the Central Bank of Kenya (CBK) shows that Kenya has been spending at least

A digital platform called OBTranslate that aims to translate more than 2,000 African languages to enable rural dwellers to gain easy access to global markets has been launched. According to its creator, 63 per cent of the population in Sub-Saharan Africa do not have access to global markets because of language barriers. “Over 52 native

Photo/Somali Times By Shams Ahsan and Ekleel Sallam MAKKAH — Arab and Gulf leaders gathered in the vicinity of Makkah late Thursday night called for intensifying diplomatic efforts between Arab and regional countries and international organizations to shed light on Iran’s policies and practices that endanger peace and security in the region. In communiqués issued

African continental free trade area business forum gathers in Kigali, Rwanda. Xinhua The African Continental Free Trade Agreement (AfCFTA) is set to enter into force on May 30. The AfCFTA, which was signed by 44 African countries when it was launched in Kigali, capital of Rwanda, in March 2018, aspires to create a tariff-free continent

File Photo: Former British Foreign Secretary Boris Johnson, who is running to succeed Theresa May as Prime Minister, leaves his home in London, Britain, May 28, 2019. REUTERS/Hannah Mckay Boris Johnson, the favourite to replace Theresa May as British prime minister, must appear in court over allegations he lied about Brexit by stating Britain would

For the first time in more than a decade, Kenya has reached out to the World Bank for an urgent loan in the form of budget support. This signals the gravity of the country’s rapidly deteriorating cash-flow situation that is characterised by falling revenues and worsening debt service obligations. PUBLIC PURSE The Nation has learnt

FILE PHOTO: Speaker of the House John Bercow smiles as he speaks in Parliament in London, Britain, March 27, 2019 in this screen grab taken from video. Reuters TV via REUTERS John Bercow, the speaker of Britain’s House of Commons, plans to stay on despite previous expectations he was about to leave, risking the fury

Photo/Middle East Monitor The plane of the Emir of Qatar Sheikh Tamim Bin Hamad Al Thani landed at Jeddah airport in Saudi Arabia for the first time since the outbreak of the Gulf crisis two years ago.“Qatar Airways is landing at Jeddah airport for the first time since the outbreak of the Gulf crisis and

By John Goodrich As the dust settles on a dramatic set of European Parliament elections, leaders of European Union member states will gather for dinner in Brussels on Tuesday evening to begin what is likely to be lengthy discussions over the nominations for the bloc’s top jobs. What’s next for the EU? Contenders for the

President Donald Trump speaks during a news conference with Japanese Prime Minister Shinzo Abe, right, at Akasaka Palace, Monday, May 27, 2019, in Tokyo. (AP Photo/Evan Vucci) President Donald Trump said Monday he is not “personally” bothered by recent short-range North Korean missile tests and doesn’t believe they violated U.N. Security Council resolutions, breaking with