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Tea export volume down 4 million kilos in February

Kenyan tea export volume has declined by 4 million kilos to register 40.5 million kilos in February compared to the same period last year.  According...

South Africa’s consumer watchdog to probe Ford after Kuga recall

By Reuters South Africa's National Consumer Commission (NCC) has launched a probe into the local unit of U.S. automaker Ford over the recall of 4,500...

U.S media firm to buy formula 1

By BBC/Shellmith Njeri US firm Liberty Media has confirmed it is buying the racing business Formula 1 for $4.4bn (£3.3bn). The move ends years of speculation...

IMF on impact of Coronavirus on global economy

Coronavirus is having profound and serious impact on the global economy and success in containing it has come at a high price, IMF has...

Zero hours contracts rise to 903,000

By BBC The number of people saying they are on zero hours contracts has risen, according to official figures. The Office for National Statistics (ONS) said...

Oil extends gains after data shows huge stock draw

By Reuters Oil prices extended gains by more than 1.5 percent on Thursday after industry data showed what might be the largest weekly drawdown in...

British Airways expected to suspend 36,000 staff

British Airways is expected to announce it will suspend around 36,000 staff. The airline, which grounded much of its fleet due to the coronavirus crisis,...

Truck drivers decry slow pace of clearance at Malaba

Kenyan long-distance truck drivers and clearing agents at the Malaba border in Busia County, have raised concern over the slow pace of clearance by...

IMF approves debt service relief for 19 African countries

The International Monetary Fund (IMF) has approved immediate debt service relief for 19 African countries for an initial period of six months. This relief is...

AFRAA develops Covid-19 recovery plan for African airline industry

The African Airlines Association (AFRAA) in support to its members during these exceptional circumstances of COVID-19 pandemic, has staged a webinar as part of...
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