A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo Rich countries should reallocate at least $30 billion of new money from the International Monetary Fund towards investments in Africa to help countries battling

President Uhuru Kenyatta is received by his French host Emmanuel Macron at Elysee Palace at the start of his official visit to France on Wednesday evening. By BONFACE OTIENO Kenya failed to ink a financial deal for the construction of a railway line linking Jomo Kenyatta International Airport to Nairobi’s city centre during President Uhuru

Photo: Credit Anadolu Agency Italy has loosened restrictions on arms exports to Saudi Arabia and the United Arab Emirates, government sources said on Tuesday, in a move aimed at easing diplomatic tensions with the two Gulf states. Italy halted the sale of thousands of missiles to Saudi Arabia and the UAE in January, citing at

European Commissioner for Inter-institutional Relations and Foresight Maros Sefcovic speaks during a news conference on Brexit at the EU headquarters in Brussels, Belgium, June 30, 2021. Francisco Seco/Pool via REUTERS/File Photo By John Chalmers BRUSSELS, July 6 (Reuters) – The European Union urged London on Tuesday to consider a Swiss-style veterinary agreement with Brussels on

Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed al-Nahyan receives Saudi Crown Prince Mohammed bin Salman at the Presidential Airport in Abu Dhabi, United Arab Emirates November 27, 2019. WAM/Handout via REUTERS By Ghaida Ghantous, Marwa Rashad Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing

Treasury Cabinet Secretary Ukur Yatani. By OTIATO GUGUYU China has frozen disbursements of active loans to Kenyan projects in the wake of differences over Nairobi’s bid to extend debt repayment holiday to December. Chinese-funded projects are facing a cash crunch, with contractors reporting delayed payments from banks like Exim Bank of China. Executives at State-owned

File – This file photo from Wednesday Jan. 11, 2017, shows President-elect Donald Trump, left, his chief financial officer Allen Weisselberg, center, and his son Donald Trump Jr., right, during a news conference at Trump Tower in New York. Prosecutors in New York are expected to bring the first criminal charges in a two-year investigation

Photo/Somali Times The Minister of Finance of the Federal Government of Somalia, Abdirahman Duale Beyle, met with Kristina Svenssn, Somalia’s Representative to the World Bank, at the Ministry of Finance. The Finance Minister in his meeting with the World Bank’s representative in Somalia spoke of success to modify the economic and investment projects in the

File Photo/Somali Times Tourism unlikely to recover to pre-pandemic levels within next year or 2, UN body projects Pandemic’s blow to international tourism has cost the global economy more than $4 trillion in 2020 and 2021, UN Conference on Trade and Development (UNCTAD) said on Wednesday. International tourism and its closely linked sectors suffered an

President Uhuru Kenyatta. By JOHN MUTUA The wealth of top State officials — including the President and his deputy — will be made public if MPs accept a fresh bid to change the law on lifestyle audits. The Lifestyle Audit Bill, 2021 is seeking to remove restrictions on Kenyans seeking to access information on income,