Kenya’s passport emerge 8th most powerful in Africa

Henley & Partners, a citizenship and planning firm, has ranked Kenya’s passport as the eighth most powerful in Africa. The new research shows the country has, however, slipped down three places compared to the previous years. The firm took into account how many countries can be visited without applying for a visa. Kenya citizens can […]

Read More
Nigerian-woman-selling-bread

13 African countries rank higher than Nigeria in Forbes Business ranking

Thirteen African countries have been ranked higher than Nigeria in Forbes Magazine’s Best Country for Business ranking for 2019. Nigeria emerged as the 110th Best Country for Business, below South Africa, ranked 59, Morocco (62), Seychelles (66), Tunisia (82), Botswana (83), Rwanda (90), Kenya (93), Ghana (94), Egypt (95), Namibia (96), Senegal (100), Zambia (103) […]

Read More

Rights group challenges Kenya’s anti-gay laws in court

Kenya’s High Court on Thursday began hearing arguments in a case that challenges parts of the penal code seen as targeting the lesbian, gay, bisexual and transgender communities. The National Gay and Lesbian Human Rights Commission argues that sections of the code are in breach of the constitution and deny basic rights by criminalizing consensual […]

Read More

Nigeria, Kenya, others to demand 160 new private jets by 2025: report

About 160 new private jets are to be delivered to Africa in the next seven years, industry data from Global Jet Capital, has revealed. The data listed Nigeria, Kenya and South Africa as major players in the private jet business on the continent. The forecast value of the aircraft, was put at $3.9 billion for […]

Read More

Truck and bus in Kenya collides, kills at least 36 people

A police official says a collision between a truck and a bus in western Kenya has killed at least 36 people. Rift Valley Traffic Commandant Zero Arome said Sunday the accident involved a bus heading to the capital city, Nairobi, from Busia County and a truck heading from Nakuru County to Eldoret town. Arome says […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Kenya plans $1bn dual listing of National Oil Corp by early 2019

Kenya plans to raise $1 billion by listing its National Oil Corporation at home and on the London Stock Exchange by early 2019, to buy a share of two oil blocks held by Tullow and its partners, a senior government official said on Wednesday. The East African country discovered oil in 2012 and full production […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Nigeria, Kenya, Pakistan exchanges move for strict regulations to drive liquidity

Chief Executive Officers, CEOs of stock exchanges in Nigeria, Pakistan and Kenya have moved for strict regulations in order to drive liquidity in the stock markets. The CEOs of the exchanges stated this during a second day panel discussion at the 7th Annual EFG Hermes London Conference. According to a statement made available to Vanguard, […]

Read More

UN to launch $40m programme to end maternal deaths in Kenya

UN plans to embark on a 40 million U.S. dollar programme to end preventable maternal deaths and improve child health in Kenya, officials said on Thursday. Bashir Issak, UN Population Fund (UNFPA) Programme Coordinator in Kenya, told a news conference in Nairobi that the phase two of the UN joint programme on Reproductive, Maternal, Newborn, […]

Read More

Labour threatens Kenya Airways’ operation over policy for Nigerian staff

Labour unions in Nigeria’s aviation sector are threatening to shut down Kenya Airways’ operations in the country following the insertion of “performance based leave clause” for its Nigerian staff. The airline in its new policy for the country’s workers said that payment of leave bonuses would now be based on their performance on the job […]

Read More

Eight candidates in the running for Kenya presidency

Kenya’s electoral commission on Monday approved eight candidates to take part in the presidential election in August, including incumbent leader Uhuru Kenyatta and his historic rival Raila Odinga. The vetting process left several candidates disappointed, including one man who allegedly tried to jump off the sixth floor of the election commission’s office on Saturday when […]

Read More

Nigeria comes up to be fifth largest insurance market in Africa

Nigeria has emerged one of the top five insurance markets in Africa, ranking fifth with overall market share of 85 percent of premiums in the continent. General-Secretary of the African Insurance Organization, AIO, Ms Prisca Soares at a press conference after the launching of the second Africa Insurance Barometer at the on-going 44th AIO Conference […]

Read More

Man shot dead after stabbing guard at US Embassy in Kenya

A man was shot dead after stabbing a policeman guarding the perimeter wall of the U.S. Embassy in Nairobi and trying to take his gun, a Kenyan police official said Thursday. The policeman who had been stabbed opened fire in self-defense and killed the attacker, said Vitalis Otieno, the officer in charge of the Gigiri […]

Read More