Relief to M-Pesa users as Safaricom restores the service after hours of countrywide outage

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Telecommunications giant Safaricom has apologised to millions of Kenyans who use M-pesa after the Saturday’s countrywide M-Pesa outage that it said was caused by corruption of critical information that the services rely on. Those who tried to access the Mpesa services could not with the company saying in a late night statement the issue was […]

Ethiopia overtakes Dubai as top feeder of air traffic to Africa

Posted Leave a commentPosted in Africa, Economy, Top News

Ethiopia has overtaken Dubai as a conduit for long-haul passengers to Africa, highlighting the success of the state airline’s expansion drive and the reforms of its new prime minister. Travel consultancy ForwardKeys said on Wednesday Addis Ababa airport had increased the number of international transfer passengers to sub-Saharan Africa for five years in a row, […]

Trump studying new auto tariffs after General Motors restructuring

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Trump studying new auto tariffs after General Motors restructuring By Reuters WASHINGTON – US President Donald Trump said on Wednesday that new auto tariffs were “being studied now,” asserting they could prevent job cuts such as the US layoffs and plant closures that General Motors Co announced this week. Trump said on Twitter that the […]

President Uhuru’s new approach to sustainable blue economy

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NAIROBI, KENYA: President Uhuru Kenyatta has called for collaboration among countries to confront threats to world water bodies. Speaking at the ongoing Sustainable Blue Economy Conference in Nairobi, the president noted that human activity had continued to affect the importance of oceans adversely. “We have paid inadequate attention to the impact of human activities on […]

State projects in limbo as wages, debt eat up revenue

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Salaries and debt repayment are taking the lion’s share of Kenya’s revenues, casting doubt on the effectiveness of the country’s fiscal consolidation efforts. The latest expenditure report from the National Treasury indicates recurrent expenditure and debt repayments gobbled up more than 70 per cent of the country’s expenditure for the first quarter of the 2018/2019 […]