Unhappy Kenya media giants preparing to take government to court over advertising revenue
The Daily Nation, the Standard, and Mediamax’s People Daily, which had previously co-distributed MyGov, all bid for the new contract, quoting prices between two to three times higher, according to a government source.
Lifestyle: US beef industry woos 2.4 million teachers in drive to paint eating meat as socially and environmentally cool
The beef industry “knows it has a trust issue,” says Jennifer Jacquet, a professor of environmental science and policy at the University of Miami. The industry is attempting to influence public opinion by starting with children, says Jan Dutkiewicz at the Pratt Institute’s Department of Social Science and Cultural Studies.
Central bank boss admits exchange rate overshot equilibrium but sure Kenya will repay $2b bond
Kenya has received disbursements totalling just over $1 billion in the last two months and expects to get another $1.5 billion from the World Bank between March and May, he said.
Judge in Trump records fiddling case wants answers following reports key witness may plead guilty to perjury
In an email posted to the trial docket on Tuesday, Judge Arthur Engoron asked lawyers in the case to provide him with a letter “detailing anything you know” about the situation involving Allen Weisselberg, the former longtime finance chief at Trump’s company, the Trump Organization.
Kenya’s private sector activity contracts at slower pace in January compared to December
The survey said many companies also encountered slowing sales due to lower customer spending and cashflow problems, while others experienced higher sales.
World’s largest automaker Toyota adjusts profit growth upwards to $33 billion, rivals forecast drop
Toyota CFO Yoichi Miyazaki said that efforts to adjust production to better respond to demand for popular models had helped the automaker sell vehicles without resorting to the usual discounts and incentives.
Emerging market debt sales hit January record despite elusive flows, will rise to $165b this year
According to JPMorgan calculations, adding coupons to maturities and comparing to gross issuance should have left dedicated emerging markets hard currency funds with a $78 billion cash pile to invest over the past two years. But taking into account outflows, that would have shrunk to just $8 billion, the bank said in a recent note to clients.
World Bank President Banga denies IFC cover up of rampant sexual abuse in Kenya school investments
Civil society groups have expressed concern, opens new tab that IFC ignored evidence of child sexual abuse at some of Bridge’s Kenya schools until the World Bank’s Office of Compliance Advisor Ombudsman (CAO) received complaints from parents in 2018 and opened an investigation, opens new tab.
Why Kenyan President Ruto’s copy-and-paste Singaporean low-cost housing model faces resistance from taxpayers, courts
The history of affordable housing in Singapore is – too – replete with instances of colonial government involvement. However, the policies were modified to align with the programme with rapid economic growth that resulted in a rapidly rising housing demand powered by booming economy and sharp rise in labour-force from foreign countries.
Iran-made Shahed-136 is the ‘loitering munition’ of choice Houthis use to attack merchant ships
The Shahed-136 , which has been extensively used by Russian forces in Ukraine, can be fired from truck-mounted containers at a slightly upward angle. A small rocket booster helps propel the drone into the air before being jettisoned. Its main piston engine then takes over to power the flight.
