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  • Money transfer firm WorldRemit to set up Nairobi office

    April 2, 2017 7:23 PM 1

    Money transfer firm WorldRemit says that it will set up an office in Kenya this year as it seeks to diversify its business to intra-African remittances. Kenya counts as WorldRemit’s second largest receiving market after the Philippines. About 93 per cent of transfers to Kenya are received via mobile money accounts. The UK-based company said that the Nairobi

  • AfDB to woo Indian investors into Africa

    April 2, 2017 7:17 PM 1

    An African Development Bank delegation led by its President, Akinwumi Adesina, on Friday invited CEOs of giant Indian companies to participate in Africa’s ongoing multi billion-dollar infrastructural projects. Speaking at a meeting organised by the Export-Import Bank of India, Adesina said available economic data shows that the Africa of the 21st century

  • Food prices soar as inflation hits double figures

    April 1, 2017 9:44 AM

    The ravaging drought in the country has condemned food prices to an 11-month high. This came on the back of inflation hitting double digits for the first time since 2012. Latest data from the Kenya National Bureau of Statistics shows food and non-alcoholic beverages’ prices are 18.56 per cent more expensive than they were in March last year. Overall

  • Good news for Kenyans as Government removes taxes on maize and wheat

    April 1, 2017 9:44 AM 1

    Thursday was a good day for ugali lovers after the Government proposed to bring down the cost of maize significantly. This is good news for the ordinary mwananchi for whom the cost of maize flour - used to prepare Kenya's staple dish, ugali - has gone through the roof. Reading the budget speech in Parliament, National Treasury Cabinet Secretary Henry

  • 2 Trump orders target trade gap

    April 1, 2017 6:48 AM 3

    Signing ahead of China meeting coincidental, aides say WASHINGTON -- President Donald Trump signed a pair of executive orders Friday focused on reducing the trade deficit just days before he holds his first meeting with his Chinese counterpart. Trump's aides insisted that the timing is coincidental, but the administration is touting the moves as evidence

  • Tianjin Airlines global recruitment starts in London

    March 30, 2017 9:04 PM 4

    Tianjin Airlines have set their sights on developing into a truly international airline and in 2017 will for the first time, start a global flight attendant recruitment plan to find the best possible flight attendants from around the world. TIANJIN, China - Tianjin Airlinesis developing into a truly international airline and in 2017 began a global recruitment

  • Aerospace, defence and security news and analysis

    March 30, 2017 2:32 PM 2

    Russian Helicopters has delivered an Mi-17V-5 utility helicopter to the Ministry of Interior and Coordination of National Government of the Republic of Kenya, the company announced on 29 March. The helicopter, which will be deployed by Kenya's National Police, was delivered under a contract that also includes Russian Helicopters conducting training for the customer

  • Kenya: Akorino Church Say Schools Discriminating Against Its Followers

    March 30, 2017 8:21 AM 2

    Akorino Church followers in Nyandarua have raised concern about what they say is discrimination of their children in schools. The church has appealed to the government to investigate schools sending Akorino learners away because of wearing turbans. An Akorino cleric has claimed that Nyandarua West Primary School sent home a 13-year-old boy and instructed

  • Good news for Africa’s elephants: China is losing its taste for ivory

    March 29, 2017 10:22 AM 3

    BEIJING — China will close 67 ivory carving factories and retail shops on Friday, roughly one-third of the total, as it moves to implement a pledge to end all domestic ivory sales by the end of the year. The news will foster hopes that an end to the elephant poaching crisis in Africa might be in sight, and comes as a new study shows that prices of ivory

  • Hope for elephants as ivory prices fall: conservation group

    March 29, 2017 8:37 AM 3

    By AGENCE FRANCE PRESSE, NAIROBI, Kenya, Mar 29 – The price of ivory has fallen by nearly two-thirds in the last three years, according to research conducted in China and published on Wednesday by the conservation group Save the Elephants. At its peak in 2014 wholesale prices for raw ivory stood at $2,100 (1,900 euros) per kilogramme at Chinese markets