Photo Reuters The Chinese-Russian bilateral relationship is better than at many points in the past, but it remains superficial. Russian president Vladimir Putin left his meeting with North Korea’s Kim Jong-un to journey to Beijing. The former’s destination: a forum on China’s infamous Belt and Road initiative, where Putin announced the approval of a toll

President Uhuru Kenyatta addresses delegates during the Chinese-Kenya Business Forum at Crown Plaza Hotel in Beijing, China, It can now be revealed that difficult loan conditions were responsible for Kenya’s failure to get funding for the second phase of the SGR. China refused to extend part of the funding as a grant and also wanted

From left, Chinese President Xi Jinping, Egypt’s President Abdel-Fattah El-Sisi and Russian President Vladimir Putin arrive for the opening ceremony of the second Belt and Road Forum for International Cooperation (BRF) in Beijing, Friday, April 26, 2019. (How Hwee Young/Pool Photo via AP) BEIJING (AP) — Chinese President Xi Jinping promised Friday to set high

The assets of eight state bodies may be lost if the government defaults in repayment of Sh147.7 billion in external debts as of December 2018. This is according to a Parliamentary Budget Office (PBO) document presented on Thursday to the Budget and Appropriations Committee of the National Assembly. The agencies whose assets are at risk

A plane with Indonesian Vice President Jusuf Kalla taxies onto the special plane terminal of the Beijing International airport ahead of the Belt and Road Forum held in Beijing on Wednesday, April 24, 2019. (AP Photo/Ng Han Guan, Pool) China’s finance minister tried Thursday to dispel complaints its Belt and Road infrastructure-building initiative leaves developing

AFP/File / JOHN MACDOUGALL Last month, Britain identified “significant technological issues” in Huawei’s engineering processes that pose “new risks” for the nation’s telecommunications British Prime Minister Theresa May has given the go-ahead for China’s Huawei to help build a 5G network, shrugging off security warnings from senior ministers and Washington, the Daily Telegraph reported Wednesday.

Egyptian President Abdel Fattah al-Sisi stressed on Tuesday Egypt’s steadfast stance in support of Somalia’s unity and stability. Sisi expressed Egypt’s desire to continue to enhance various aspects of bilateral cooperation between the two countries and to offer all support to the people of Somalia in their efforts to build the institutions of the state

FILE PHOTO: U.S. President Donald Trump rides in an SUV as the presidential motorcade drives to the Easter service at Bethesda-by-the-Sea Episcopal Church in Palm Beach, Florida, U.S., April 21, 2019. REUTERS/Al Drago WASHINGTON (Reuters) – President Donald Trump on Monday filed suit to keep U.S. lawmakers from obtaining his financial records, the first salvo

Photo Reuters The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far. Officials in Asia opposed the expected move, pointing

The United Nations has resumed making refunds for Kenya troops in Somalia with a Sh3.75 billion pay in March, boosting Treasury’s cash reserves at the end of the third quarter of the current financial year ending June. Latest document on exchequer transactions by Treasury secretary Henry Rotich shows refunds from African Union Mission to Somalia