Turkish Foreign Minister Mevlut Cavusoglu (R) poses for a photo with Britain’s Foreign Secretary Dominic Raab (L) prior to their meeting in London, UK on 8 July 2020 [Fatih Aktaş/Anadolu Agency] Turkey and the UK are very close to signing a “free trade agreement” covering manufactured goods, agriculture and services for the post-Brexit era, Ankara’s

A man walks in the rain past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Friday, July 10, 2020. Asian stock markets followed Wall Street lower Friday on worries economic improvements might fade as coronavirus cases increase in the United States and some other countries. (AP Photo/Eugene Hoshiko)

The government paid more than Sh7 billion in penalties to investors behind the Lake Turkana wind power project for electricity that was not reaching Kenyans, in what could be the latest mega scandal. The penalties were due to the delayed completion of the Sh28.9 billion 430-kilometre high-voltage power line from the Lake Turkana wind turbines

Britain announced on Tuesday that it will resume arms sales to Saudi Arabia a year after the court of appeal declared the UK government acted unlawfully by selling arms to the kingdom without first assessing whether they were involved in breaches of international humanitarian law. Trade Secretary Liz Truss said in a written statement to

Editor’s note: Stephen Ndegwa is a Nairobi-based communication expert, lecturer-scholar at the United States International University-Africa, author and international affairs columnist. The article reflects the author’s opinions and not necessarily the views of CGTN. On July 7, Kenya and the U.S. are set to hold business talks towards the signing of a Free Trade Agreement

The value of imported cars in the first quarter of 2020 increased by 16.86 percent, new data shows. The report by Kenya National Bureau of Statistics shows Sh22.24 billion vehicles were imported in the first three months of the year compared to Sh19.04 billion in the corresponding period in 2019. The units numbered 23,630 compared

Decline in oil rig count suggests that crude oil production in US will decrease in short term Crude oil prices were up on Monday based on expectations that oversupply would be trimmed on the global market with a decline in US crude output because the number of US oil rigs hit the lowest level since

Meeting of duo lasts 3 hours in Pearl Palace After arriving in the capital Doha city of Qatar on Thursday afternoon, the Turkish president and the Qatari emir held a meeting at the Pearl Palace to discuss “mutual relations between the two friendly and brotherly countries.” The meeting of Recep Tayyip Erdogan and Sheikh Tamim

Photo: WorldRemit WorldRemit, the global online money transfer service provider, has announced the launch of its remittance services in Somalia. According to the World Bank, every year an estimated USD 1.4 billion in remittances is sent to Somalia by approx. 2 million Somalis in the diaspora. The remittances contribute to 23% of Somalia’s GDP which

By DANICA KIRKA A British judge on Thursday refused to give Venezuela control of over $1 billion in gold sitting in a Bank of England vault, ruling that it is unlawful to give it to the President Nicolás Maduro since Britain does not recognize him as the president. Maduro has demanded the gold to help