Business Affairss

Kunene’s livestock theft fuelled by prolonged drought, unemployment

The Kunene Region has seen the worst dry periods in the past decade, resulting in more than 90 per cent of livestock losses, which has now led to a spike in livestock theft as farmers strive to replace herds ravaged by climatic shocks. As a resul...

Elders Call For Increase Of Monthly Stipend

Elders in Siaya are calling on the government to consider increasing the monthly stipend paid to those aged 70 and above at least to Sh6,000 from Sh2000.Speaking during celebrations to commemorate the International Day of the Older Persons, the el...

Oil : the price of a barrel could collapse to $70 in 2024

According to the American bank Citigroup, the barrel of Brent, which serves as a reference price for a large part of world oil production, could collapse to around 70 dollars in 2024, due in particular to an expected surplus of oil. 'offer. So, th...

Loans : China granted $1.92 billion to three African countries between 2021 and 2022

According to a report, China has granted $1.92 billion in loans in 2021 and 2022, or 86% to projects in West Africa. Senegal, Benin and Ivory Coast borrowed the largest amounts. The report also reveals that although China lends less to Africa as a...

Russia-Africa : trade up 43.5%

Trade between Russia and Africa reached $15.5 billion during the first nine months of 2023, an increase of 43.5% compared to the same period of 2022. Egypt, Algeria , Morocco, Tunisia and Libya were Russia's main trading partners on the continent ...

Angola at international oil exhibition

Angolan delegation from the National Oil, Gas and Biofuels Agency (ANPG) is participating in the International Oil Exhibition and Conference (AIDIPEC) in Abu Dhabi, the capital of the United Arab Emirates (UAE), from 2- 5 October. The event, orga...

Madagascar : the AfDB portfolio estimated at $646 million

As of August 31, 2023, the active portfolio of the African Development Bank Group in Madagascar included 23 operations, for a total amount of $646 million. The AfDB will thus prepare a country report which will highlight the growing challenges of ...

KRA Unveils Online Auction To Streamline Revenue Collection

The Kenya Revenue Authority has launched an online auction platform aimed at streamlining tax administration procedures to enhance service delivery and improve revenue collection.The auction, which was previously a physical process, is part of KRA...

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Bayer Leverkusen and Borussia Dortmund Secure Victories in Bundesliga Matches

Berlin: In a series of competitive matches in the German Bundesliga on Saturday, several teams faced significant defeats on their home grounds. Eintracht Frankfurt suffered a heavy loss against Bayer Leverkusen, finishing the match with a 4-1 defeat. ...
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Rare Tropical Cyclone Alfred Poised to Impact Northern New South Wales

Yangon: Authorities of the Australian state of New South Wales (NSW) on Sunday warned residents in northern NSW to prepare for damaging winds, large surf and heavy rainfall with Tropical Cyclone Alfred expected to cross the coast later this week. Ac...

Kenya Targets 10 Million Domestic Tourists in 2025 Amid Tourism Boom

Narok: The government is setting its sights on attracting 10 million domestic tourists this year, Tourism and Wildlife Cabinet Secretary (CS) Rebecca Miano has announced. With a thriving tourism sector, the Ministry plans to amplify local travel throu...

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Knife-Wielding Man Fatally Shot by Police in Tasmania.

Hobart: A man who threatened police and the public with a knife was fatally shot by officers in Tasmania, the Australian island state's police reported on Tuesday. The incident occurred in Launceston, the state's second-largest city, drawing a swift r...

Woman Arrested in Walvis Bay for Alleged Murder of Newborn

SWAKOPMUND — A 20-year-old woman has been arrested in Walvis Bay on charges of murder following the alleged suffocation of her newborn baby. According to The Namibia Press Agency, Erongo Regional Community Policing Officer Warrant Tuyenikelao Tashi...

4 must-read books for the summer, according to psychologist Adam Grant

What motivates us? Organizational psychologist and author Adam Grant believes in the power of a great book to spur people into all kinds of action, whether small life changes or transformative endeavours.The Wharton professor is an expert on the world ...