NSE trading floor. Government bonds and Treasury bills offered Kenyan investors the best returns this year after listed shares and property took a beating in the wake of Covid-19 economic fallout. Those who opted to keep their money in bank accounts also earned lower returns as lenders cut their deposit and savings rates to lows

Top EU officials, British premier to sign trade agreement Wednesday The European Council announced Tuesday that it has adopted by written procedure the decision on the signing of the EU-UK trade deal. The agreement will be signed by the two parties Wednesday. European Council President Charles Michel and European Commission President Ursula von der Leyen

Safaricom CEO Peter Ndegwa. Safaricom has put on ice plans to launch Kenya’s first fifth-generation (5G) mobile internet services in a retreat that will see the telco focus on growing 4G network in the race to boost data use. Peter Ndegwa, the Safaricom CEO, says there is no plan to launch the 5G network in

President of Turkey Recep Tayyip Erdogan makes statements after cabinet meeting in Ankara, Turkey on December 28, 2020. ( Emin Sansar – Anadolu Agency ) Turkey-UK pact to be ‘most important trade deal’ since 1995 Customs Union with EU, says Recep Tayyip Erdogan Turkey and the UK are set to sign a landmark free trade

Photo/Somali Times The mayor of Mogadishu, Omar Mohamoud Mohamed met with the British ambassador to Somalia, Amb. Ben Fender. The meeting discussed the progress and Mogadishu projects, with particular responsibility for the two stood on the conflict resolution project of peace and stability. Amb. Ben Fender officially announced during the meeting that they would extend

Oil prices were down on Monday over ongoing concerns that the new strain of COVID-19 will hamper demand while the signing off of the US coronavirus relief bill boosted positive sentiment and capped further declines. International benchmark Brent crude traded at $50.99 per barrel at 0632 GMT for a 0.68% increase after closing at $51.34

Photo/Somali Times The Minister of Finance of the Federal Government of Somalia, Abdirahman Duale Beyle, who was a guest on the state media run, noted that the Ministry of Finance and government agencies responsible for protecting public assets is working to ensure that public funds are not misused in the next elections. At the Federal

Israeli Prime Minister Benjamin Netanyahu (left) and Morocco’s King Mohammed VI congratulated each other over the renewal of ties between the countries (AFP) Morocco is the fourth Arab nation to normalise ties with Israel in exchange for various incentives Prime Minister Benjamin Netanyahu and Morocco’s King Mohammed VI held a phone call on Friday, during

A money changer counts Turkish lira banknotes at a currency exchange office in Istanbul, Turkey August 13, 2018. REUTERS/Murad Sezer The Turkish lira jumped to a five-week high on Thursday after a bigger-than-expected interest rate hike that raised investors confidence about the central bank’s ability to bring inflation under control, reports Reuters. The lira firmed

Britain’s Prime Minister Boris Johnson speaks during a media briefing in Downing Street, London, Thursday, Dec. 24, 2020. Britain and the European Union have struck a provisional free-trade agreement that should avert New Year’s chaos for cross-border commerce and bring a measure of certainty to businesses after years of Brexit turmoil. The breakthrough on Thursday