(NAIROBI) – International investors can now buy Kenyan government securities directly through a new link established by the Central Bank of Kenya. The CBK has partnered with Clearstream, the post trade services arm of Deutsche Börse Group, to open a direct connection to the local bond market. The link allowsContinue Reading
(NAIROBI) – Digital credit firm Tala is cutting more jobs in Kenya as it moves to centralise its operations. The company has told seven employees their positions will be declared redundant. This is the second round of job cuts in just over a year. The latest move is part ofContinue Reading
(MOMBASA COUNTY) – All teachers in Kenya must soon hold a renewable professional licence to teach in any school. The Teachers Service Commission announced the new rule on Thursday during the 49th Kenya Secondary Schools Heads Association annual conference in Mombasa. Acting Chief Executive Officer Evaleen Mitei said every registeredContinue Reading
(KYIV) – Heavyweight world champion Oleksandr Usyk has decided to give up all his boxing belts. The Ukrainian boxer confirmed the move on social media on Friday. He holds the WBC, WBA and IBF titles. Usyk said he wants to free the belts so other fighters waiting in line canContinue Reading
(ORENBURG OBLAST, RUSSIA) – A major gas processing facility deep inside Russia is ablaze following a long-range Ukrainian drone strike, as a paralysing fuel crisis spreads to food logistics and triggers violence across multiple Russian regions. NASA satellite data confirmed fires at the Orenburg gas plant, one of the world’sContinue Reading
(JUBA) – The Office of the Speaker of Parliament has withdrawn a directive that told media houses to use only approved photographs of Speaker Joseph Ngere Paciko, backing down after journalists and press freedom groups said the order threatened editorial independence. The portraits had been sent out earlier this weekContinue Reading
(ABYEI) – Sorghum will be sold at nearly half the market price in Abyei under a new government subsidy programme launched this week to shield households from soaring food costs during the rainy season. One Malwuo, a local tin measure holding about four kilogrammes, will sell for 12,000 South SudaneseContinue Reading
(JUBA) – Heavy trucks and commercial vehicles have been banned from crossing Kapuri Bridge with immediate effect after engineers found the structure could fail, threatening the main road link between Juba, Luri and Mundri. The Ministry of Roads and Bridges issued the order on 25 June. A recent technical inspectionContinue Reading
(JUBA) – A 91 year old Israeli veteran who helped supply and train southern Sudanese fighters during the first civil war has been awarded the honorary rank of General in the South Sudan People’s Defence Forces. The ceremony took place Thursday at the State House in Juba. David Uri Ben-Uziel,Continue Reading
(JUBA) – A new managing director has taken charge of South Sudan’s Media Authority, the body that issues broadcasting licences and enforces media rules, at a time when journalists continue to report pressure on their work. President Salva Kiir appointed senior journalist Ajou Luol Akuei to the post on Wednesday.Continue Reading
