Business

African Continental Free Trade Agreement goes into effect Thursday

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

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PM candidate Johnson to face court over Brexit claims

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

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Kenya applied a loan of U.S $740 million from world bank

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

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No-deal Brexit tangled: House of Commons Speaker Bercow pledges to stay on

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

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Qatar plane lands in Saudi for first time since siege

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

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Next Presidents: EU leaders begin talks over bloc’s top jobs

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

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Trump, Japan’s Abe at odds over North Korean missile tests

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

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Mayor of Mogadishu welcomes the new Chief of UNDP Somalia Mr. Joceyln Mason

Photo/File/Somali Times H.E. Eng. Abdirahman Omar Osman, Mayor of Mogadishu and Governor of Benadir Region welcomes the United Nations Development Programme (UNDP) new Resident Representative for Somalia, Mr. Joceyln Mason. Mr. Mason is joining UNDP Somalia from UNDP Afghanistan where he held the same position for Afghanistan’s Country Office. ​ We look forward to receiving

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The Latest: Trump tamps down expectations of US-Japan deal

U.S. President Donald Trump waves as he arrives at the Haneda International Airport Saturday, May 25, 2019, in Tokyo. (AP Photo/Koji Sasahara, Pool) The Latest on President Donald Trump’s trip to Japan (all times local): 8:15 a.m. President Donald Trump is tamping down expectations that he’ll make significant headway on trade talks during his trip

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EU pledges to support peace in the Horn of Africa

Photo/File/ Somali Times The European Union is renewing its support for peace in the Horn of African even as peacekeepers in Somalia struggle with reduced funding. This was the message the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini delivered in her round trip to Somalia, Kenya, Djibouti and Ethiopia. These happen

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