Category Archives: Business

Money and Finances

(China Economic Roundtable): China’s policy synergy sustains growth, stabilizes employment

BY XINHUA BEIJING, June 5 (Xinhua) — Amid mounting global uncertainties and a complex external environment, China is reinforcing its commitment to high-quality development to bolster economic stability and resilience….

NCBA hosts over 100 small and medium enterprises customers at Migori exclusive dinner

BY MANUEL ODENY The NCBA has hosted over 100 small and medium enterprise (SMEs) customers at an exclusive customer engagement dinner in Migori in a bid to boost engagement. The…

PHOTO STORY: Celebrating the 8th Anniversary of KENYA-MOMBASA-NAIROBI railway

BY XINHUA The Chinese-built Mombasa-Nairobi Standard Gauge Railway (SGR) has just celebrated its 8th anniversary of safe operation. In 2017, the SGR, built and operated by China Road and Bridge…

How Coke Cans Sparked Laughter, Friendship, and Selfies on the Road to Isebania

BY MANUEL ODENY On a chilly Nairobi morning, passengers quietly boarded the Easy Coach bus heading to Isebania, a small town near the Kenya-Tanzania border. As usual, people settled into…

Macy’s, U.S. retail chain giant lowers profit outlook as Trump’s tariff war hits home

BY XINHUA NEW YORK, May 28 (Xinhua) — U.S. department store chain Macy’s lowered its full-year profit forecast on Wednesday, citing the growing financial strain from surging tariffs. Macy’s CEO…

EXPERTS: Africa’s strategic alignment of development goals with World Trade Organisation multilateral trading system will spur economy

BY XINHUA ADDIS ABABA, May 23 (Xinhua) — Experts and policymakers have emphasized the need to ensure the strategic alignment between Africa’s continental development targets and the multilateral trading system…

Africa-China cooperation could reduce U.S, Trump tariff risk- EXPERTS

BY XINHUA ABUJA, May 24 (Xinhua) — Africa and China’s pragmatic cooperation can minimize risk and overcome distractions from the current tariff challenges, which have disrupted the flow of international…

Trump threatens fresh potential tariffs on Samsung, smartphones not made in U.S.

BY XINHUA WASHINGTON, May 23 (Xinhua) — U.S. President Donald Trump on Friday threatened to impose tariffs on Samsung and other smartphone producers, following an earlier announcement targeting Apple. “It…