Kenya

Export, import market declines in 2016

Kenya’s export and import market experienced a slight decline in 2016, according to the 2017 Economic Survey Report by the Kenya National Bureau of Statistics. In this regard, total exports declined marginally from Kshs...

Bitcoin loses third of value over week

Bitcoin continues to give its investors an exciting ride. This week, it has fallen by about one-third from a record high of just short of $20,000. So far, on Friday alone, it has lost 14%...

Bitcoin futures trading begins exchange in Chicago

Bitcoin has begun trading on a major exchange for the first time. It launched on the Chicago Board Option Exchange (CBOE) futures exchange in Chicago on Sunday, allowing investors to bet on whether Bitcoin prices...

Big recall of baby milk products ordered

French baby milk formula maker Lactalis has ordered a global product recall over fears of salmonella contamination. Health authorities in France said 26 infants in the country have become sick since early December. The recall affects...

Bitcoin hits $17,000 as fears mount

Bitcoin briefly crossed through the $17,000 (£12,615) mark in volatile Asian trading, extending its record-breaking run. The cryptocurrency has soared about 70% this week according to Coindesk.com, despite fresh warnings of a dangerous bubble. Its dramatic...

Standoff between Burundi, EU delays signing of EPA

A standoff between Burundi and the European Union (EU) over political sanctions is set to further delay the signing and ratification of the Economic Partnership Agreement (EPA) between the EU and the East African...

UK banks could handle ‘disorderly Brexit’

The UK's banks could cope if Britain leaves the European Union in a "disorderly Brexit" in 2019, the Bank of England has said. For the first time since the financial crisis, all of the UK's...

Trump lashes out at ‘unfair’ Japan trade ties

US President Donald Trump has lashed out at Japan over trade and said he would push for a fairer economic relationship between the two countries. Speaking to business leaders in Tokyo on Monday he said...
Xi

Xi to use new status to spur development in Africa

President Xi Jinping now says he will use his new status in the Chinese society to positively influence lives in developing countries. Xi says his thoughts present an alternative approach to challenges facing many...

China’s new era growing international influence

The world’s attention has considerately been beaming towards Beijing this week due to the ongoing 19th national congress of the Communist Party of China. Without a doubt, world leaders and people from all walks...
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