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19:51 Revisiting Nafta: The Stakes for Key Industries

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  • Revisiting Nafta: The Stakes for Key Industries

    April 27, 2017 7:51 PM

    The sector is a major employer in all three member nations — Canada, Mexico and the United States. Hundreds of thousands of workers in the United States are tied to the industry, while Mexico and Canada each rely on automaking for tens of thousands of jobs. The countries’ automotive sectors are also tightly linked, exporting and importing billions of dollars’

  • United Airlines Settles With Passenger Dragged From Plane

    April 27, 2017 7:38 PM

    Stung by criticism and a public outcry over the forced removal of one of its passengers, United Airlines is boosting its payments to passengers to give up seats to ease overbooking. United Airlines and lawyers for the passenger seen on video being dragged from a United airliner in Chicago say the man has reached "an amicable settlement" with the airline

  • Canada foreign minister on Trump tariffs: 'We're going to play hard'

    April 27, 2017 4:42 PM

    'Not an accident hockey is our national sport' NEW YORK (CNNMoney) - Canada is ready to play hard ball with President Trump. Canadian leaders are pushing back after the Trump administration slapped 20% tariffs Monday night on Canadian lumber, along with individual tariffs on five specific firms that ranged from 3% to 24%. "When it comes to defending

  • August elections worry banking and transport sectors most

    April 25, 2017 9:05 PM

    Kenya’s banking and transport sectors are the least optimistic of the economy’s prospects as the country heads to the general election in August. This is according to the CEO Business Confidence Index that measures the level of confidence that top managers in different sectors have in the economy carried out by the Kenya Private Sector Alliance (KEPSA)

  • Global agency warns Kenya its credit rating at risk of downgrade

    April 25, 2017 5:56 PM

    Global ratings agency Fitch has warned Kenya that it could downgrade its rating if it does not adequately grow revenues to bridge the budget deficit and tame borrowing. It said Kenya’s 'B+' sovereign rating is supported by its high medium-term growth potential, but a gaping budget deficit and high levels of borrowing could hurt the country’s credit profile

  • Safaricom outage sparks conspiracy theories

    April 25, 2017 11:06 AM

    The Communication Authority of Kenya is readying a new law that will compel telecom companies to submit a network redundancy and resilience report on a quarterly basis to the Authority. This, together with conspiracy theories related to digital communication and the election posted on social media, have emerged after Safaricom's nationwide outage yesterday

  • Safaricom calls, data and M-Pesa down countrywide – Update

    April 25, 2017 9:28 AM

    By KEN MACHARIA, NAIROBI, Kenya, Apr 24 – Mobile service provider Safaricom has confirmed it is experiencing networking failure affecting its services countrywide. Customers have not sent or received calls or text messages for the last two hours. Data and M-Pesa services have also been interrupted. On its official Twitter account, @SafaricomLtd, the company

  • TechCabal daily: Safaricom goes dark

    April 25, 2017 9:00 AM

    Hey there! Here’s everything interesting in African technology today. Not subscribed? Click here to get this goodness in your mailbox every day at 7am (GMT + 1). 1. Darkest…over dawn – Subscribers of Kenya’s largest telecom services provider, Safaricom, were hit unawares by a countrywide network outage – starting at 9:30 AM on Monday – that saw businesses

  • IITA Cassava Weed Management Project Trains 105 in Abia

    April 25, 2017 8:12 AM

    The training, which came at the onset of cassava planting season, was conducted in partnership with the National Root Crops Research Institute, Umudike; National Agency for Food and Drug Administration and Control (NAFDAC); and the Abia State Agricultural Development Programme. The two-day training, which was implemented in two locations— Umuahia and Isuikwuato

  • ECB unlikely to signal stimulus end, despite French optimism

    April 25, 2017 6:23 AM

    FRANKFURT, Germany – Europe's strengthening economy dodged a banana peel when a pro-EU candidate won the first round of the French presidential election. That won't be enough, however, to make the European Central Bank signal an end to monetary stimulus program on Thursday. Nor will Sunday's result by itself fix the long-term flaws that have plagued