High Court orders one of oldest banks in Kenya, Bank of Baroda, to pay Infinity Industrial Park Ksh2.996 billion

High Court orders one of oldest banks in Kenya, Bank of Baroda, to pay Infinity Industrial Park Ksh2.996 billion

Just one day after the Decree was sealed, the High Court issued a warrant of attachment dated 15 September 2026, moving the matter from judgment into the execution stage. The warrant identifies Bank of Baroda (Kenya) Limited as the Judgment Debtor and Infinity Industrial Park Limited as the party in whose favour the decree was issued.

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Wall Street ends lower as oil spikes and the benchmark Treasury yield breaches 5 per cent, crypto firms sink on bitcoin weakness

Wall Street ends lower as oil spikes and the benchmark Treasury yield breaches 5 per cent, crypto firms sink on bitcoin weakness

In the wake of last week’s hot inflation data and the near 25 per jump in US crude prices over the last two weeks, financial markets have priced in more than a 95 per likelihood of a rate hike on Wednesday, up from 33.1 per one month ago, according to CME’s FedWatch tool.

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WTO warns weak trade rules will undermine global GDP up to 10 per cent lower

WTO warns weak trade rules will undermine global GDP up to 10 per cent lower

The difference between strengthened multilateral cooperation and erosion of the system could amount to as much as 10 per cent of baseline global real GDP, WTO Chief Economist Robert Staiger said.

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Benin bets on turning its cotton crop into clothes at home to retain more of its value

Benin bets on turning its cotton crop into clothes at home to retain more of its value

Benin is Africa’s top cotton producer, according to data from the US Department of Agriculture. Benin produced 1.15 million bales of cotton between 2025 and 2026, accounting for 0.9 per cent of global production.

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African Airlines Association conference in Nairobi wants governments to cut aviation costs

African Airlines Association conference in Nairobi wants governments to cut aviation costs

Speaking during a hybrid media roundtable in Nairobi under the theme, Resilient African Aviation: Partnerships, Empowerment, Profitability, Berthé noted that African carriers were expected to record a profit margin of only 0.2 per cent in 2026 despite passenger traffic projected to reach 137.3 million.

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President Xi Jinping leads high-powered Chinese delegation for BRICS conference in Indian capital New Delhi

President Xi Jinping leads high-powered Chinese delegation for BRICS conference in Indian capital New Delhi

Xi Jinping has not only joined other leaders of member countries in pushing for their respective expansions but also put forward new ideas and initiatives like the “BRICS Plus” cooperation approach and the building of an SCO community with a shared future, opening up new vistas for win-win cooperation among Global South countries.

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Sidi Ould Tah’s one year in office: He’s begun to connect AfDB capital mobilisation, risk-sharing, project preparation and internal reform

Sidi Ould Tah’s one year in office: He’s begun to connect AfDB capital mobilisation, risk-sharing, project preparation and internal reform

After a year in office, Sidi Ould Tah has begun to reshape how the African Development Bank (AfDB) raises money and prepares projects. Delivery, however, is the harder test. On May 29, 2025, shortly after his election as the ninth president of the African Development Bank Group, Tah stood before...

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KTB engages Tatler to lead the campaign to raise its profile in African luxury and high-value tourism

KTB engages Tatler to lead the campaign to raise its profile in African luxury and high-value tourism

Through the three-year partnership, Kenya will host the inaugural Tatler Best Africa on October 8, 2026, to celebrate leading hospitality facilities on the continent.

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Insurance experts say increased risk management is critical to protecting Kenya’s rising external trade

Insurance experts say increased risk management is critical to protecting Kenya’s rising external trade

CIC General Insurance Ltd Underwriting Manager-Technical and Risk Improvement Douglas Chepkuto says “every container arriving at a Kenyan port, every truck crossing a border and every consignment delivered to a warehouse represents far more than its commercial value.”

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Kenya is laying groundwork for digital infrastructure and investment hub in Africa, principal secretary says

Kenya is laying groundwork for digital infrastructure and investment hub in Africa, principal secretary says

Speaking in Nairobi on Tuesday during the fourth edition of the ITW Africa and DataCloud Africa Summit, Isaboke noted that Kenya’s ICT sector was growing at an average rate of about 10 per cent annually, while the digital economy expanded by about nine per cent and contributed approximately nine per cent of the country’s gross domestic product (GDP) in 2025.

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