Finance Minister of Zimbabwe Mthuli Ncube, gestures during an interview with AFP at the World Economic Forum (WEF) annual meeting, on January 22, 2019, in Davos, eastern Switzerland. (Photo by Fabrice COFFRINI / AFP) The Zimbabwean government is set to privatize a number of state firms as part of efforts to cut spending and shore

Photo (AP) The British government was preparing Tuesday to ask the European Union for a delay of at least several months to Brexit after the speaker of the House of Commons ruled that Prime Minister Theresa May cannot keep asking lawmakers to vote on the same divorce deal that they have already rejected twice. Speaker

Ethiopian Prime Minister Abiy Ahmed arrived in Doha this morning on an official visit to Qatar. Upon arrival, he was received by Jassim bin Saif Al Sulaiti, Minister of Communications. During his visit, the Prime Minister meets with the Emir Sheikh Tamim bin Hamad al-Thani of Qatar to discuss bilateral relations and the prospects for

On the outskirts of Nairobi, vast tracts of agricultural land are seeing a new type of growth, as steel rods and concrete pillars set into the red earth reach into the Kenyan sky. More than 17,000 acres (6,900 hectares) of farmland that was home to coffee bushes and cattle is being turned into satellite cities

The former “failed state” needs to deliver on its promises if the bidding process is to be a success. The launch of a Somalian offshore licensing round at a London roadshow in February did much to showcase both the geological potential of the acreage on offer and the efforts being made by the fragile state’s

During his address, the prime minister said Pakistan does not face security issues now and now the country has to provide better conditions for investment. “Next year Pakistan Premier League matches will be held in Pakistan,” he said. The PM said that the new visa policies depict a new mindset. “Due to this mindset, people

Photo (AP) World stocks were mostly higher on Thursday as traders awaited a vote that could delay Britain’s March 29 exit from the European Union. In Europe, Britain’s FTSE 100 added 0.5 percent to 7,192.44 and France’s CAC 40 advanced 0.7 percent to 5,344.50. The DAX in Germany was 0.4 percent higher at 11,614.18. Wall

Tellers announce the results of the vote on Brexit in Parliament in London, Britain, March 13, 2019, in this screen grab taken from video. Reuters TV via REUTERS MPs on Wednesday overwhelmingly rejected leaving the European Union without a deal, paving the way for a vote to delay Brexit to seek a way out of

Photo (AP) President Donald Trump’s proposed budget issued on Monday calls for deep cuts in aid to Kenya as part of an overall rollback in US funding for many Africa-focused programmes. Support for development initiatives in Kenya will fall from the USD102 million provided in 2018 to USD43.5 million in accordance with Mr Trump’s spending

Somalia is seeking the services of a Nairobi-based currency expert seconded by the International Monetary Fund (IMF) as it looks to issue a new currency to replace its widely counterfeited shilling. The Horn of Africa state has not issued official currency notes since 1991 and is banking on a Sh4.1 billion ($41 million) donor-funded currency