(NAIROBI, KENYA) – Kenya and Tanzania have restarted efforts to connect their standard gauge railway lines to Uganda, Rwanda and Burundi. Both countries are looking for new ways to pay for the rail projects because public funds are limited. Kenya began work last month on the section of railway fromContinue Reading
(NAIROBI, KENYA) – Absa Group has signed an agreement to sell its majority shareholding in two Kenyan insurance companies to First Assurance Investments Limited, a company linked to Prime Cabinet Secretary Musalia Mudavadi. The South African banking group announced the sale and purchase agreement on Thursday evening. The deal coversContinue Reading
(SYDNEY, AUSTRALIA) – Australian investigators are examining a third safety incident at Sydney Airport in less than three weeks after a Virgin Australia plane was forced to abort its take-off when a Qantas aircraft crossed the same runway. The Australian Transport Safety Bureau said it is investigating a runway incursionContinue Reading
(SYDNEY, AUSTRALIA) – The Australian sharemarket closed lower on Thursday as falls in major companies including Commonwealth Bank, Rio Tinto and Telstra outweighed gains elsewhere. The S&P/ASX 200 lost 20.90 points, or 0.2%, to close at 9188.50. Six of the 11 industry sectors finished in the red. The index trimmedContinue Reading
(SYDNEY, AUSTRALIA) – Telstra chief executive Vicki Brady has accepted personal responsibility for the national Triple Zero outage in July 2026, after the company’s board cut 607,000 Australian dollars (about 397,000 US dollars, or roughly 312,000 British pounds) from her short term bonus. Brady spoke as Telstra delivered its annualContinue Reading
(WASHINGTON, USA) – The United States has produced the first batch of gold coins featuring President Donald Trump to mark the 250th anniversary of the country’s independence. The White House confirmed the minting of the commemorative coins. The coin is made of 24 karat gold. The front of the coinContinue Reading
(TOKYO, JAPAN) – Japanese seafood producer Ichimasa Kamaboko is targeting sales of 283 million US dollars (about 41.5 billion Japanese yen, or roughly 222 million British pounds) as it moves to a holding company structure and expands its overseas business. The company is known for its crab stick products soldContinue Reading
(WASHINGTON, USA) – The United States government is fighting a trade court order that would require tariff refunds to all importers, including those that did not file lawsuits. Government lawyers filed an opening brief on Monday in an appeal before the United States Court of Appeals for the Federal Circuit.Continue Reading
(WASHINGTON, USA) – The United States has imposed new trade measures on polysilicon, a key raw material used in semiconductors and solar panels that is mainly produced by China. The White House announced a 15% tariff and a series of minimum import prices on products made from the material onContinue Reading
(OTTAWA, CANADA) – Canadian dairy farmers are pushing back against any further trade concessions as talks with the United States continue ahead of a new tariff deadline. The warning comes as American tariffs on a range of Canadian goods are set to rise sharply on August 19, 2026. A freshContinue Reading
