A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-Hoon/File Photo By Wayne Cole Asian share markets slipped on Friday after a spike in global bond yields soured sentiment toward richly priced tech stocks, while a stampede out of crowded positions may have put an end

A woman walks past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Wednesday, March 17, 2021. Asian shares were mixed Wednesday as world markets cautiously awaited the U.S. central bank’s latest comments on how it views the economic picture. (AP Photo/Vincent Yu) By YURI KAGEYAMA

Kenya’s foreign exchange reserves have declined by 27.8 billion shillings (about 254 million U.S. dollars) since the start of March, pulled down by external loan repayments. The forex reserves fell from 7.605 billion dollars at the end of February to 7.351 billion dollars on March 11, the Central Bank of Kenya (CBK) said in its

By Elena Teslova Russian foreign minister visits UAE, Saudi Arabia, Qatar From March 8 – 12, Russian Foreign Minister Sergey Lavrov toured the United Arab Emirates (UAE), Saudi Arabia and Qatar to discuss regional and international issues. The tour began with the UAE, where Lavrov met the Crown Prince and de facto ruler Mohammed bin

Credit to photo /Business Daily Africa, Nairobi Skyline. Other ingenious avenues to pave the way for digital transformation in Africa. In the Age of Information, technology plays a vital role in how any society thrives. It also presents its own challenges, and a call for adaptation to rise above such obstacles. Like other countries around

File – In this file photo dated Thursday, Dec. 31, 2020, lorries pass a checkpoint to embark by ferry to Europe, at the port in Dover, England. Britain’s Office for National Statistics said Friday March 12, 2021, that the British economy shrank in January as the nation was hit by a new round of coronavirus

Kenya has returned to the World Bank for a Sh10 billion loan to help purchase Covid-19 vaccines following a financing shortfall that threatens the country’s inoculation plan against the infectious virus. The money will buy 11 million doses of the Oxford-AstraZeneca jab that will be used to vaccinate five million persons. The Treasury failed to

By Vanessa Murrey The Tanzanian government is developing a framework to enable it charge WhatsApp calls as the country grapples with declining revenue from international calls. The emergence of messaging apps like WhatsApp have given users alternatives for making international calls free of charge or at a very low rates. As a result, the telecommunications

John Lewis says the shift to online shopping, restructuring plans, redundancies, store closures and cost of Covid crisis turbo-charged loss Photograph: David Lyons/Alamy By Sarah Butler Department store group records £517m loss and does not expect to reopen all stores in April when retail lockdown ends John Lewis Partnership has warned it will not be

Credit AFP YouTube will deduct up to 24 per cent tax for content creators outside the United States. Kenyan digital content creators with YouTube channels will start paying taxes to the United States government starting June this year. In a statement sent to all YouTube content generators, parent firm Google said all creators outside the