Banking, insurance and financial services provider Old Mutual Holdings rakes in $6.6m to double its profits
The profit was driven by double-digit growth in asset management and strong performance in life business and represents a two percent increase from Ksh838 million recorded in 2023.
Inside China’s robot boot camp where robots are trained to performs tasks as race to feed hungry AI heats up
Ye Yangsheng, co-founder of Shanghai-based SEER Robotics, already noted at the 2025 Zhangjiang Embodied AI Developer Conference in May that humanoid robots require massive amounts of data for training, but collecting data in real-world environments is extremely costly.
China queries US 301 trade probe in 60 economies it says seriously disrupts international economic and trade order
China, a founding member of the International Labour Organization, has ratified 28 international labour conventions and established a comprehensive system of labour laws and regulations to prevent and combat forced labour, the spokesperson said.
How migration of servers from Germany to Kenya with China’s Huawei help set Safaricom on road to rapid expansion
Across the capital Nairobi, Chinese-made smartphones rule the roost. A visit to various shops revealed that popular budget brands, including Infinix, Tecno, Itel and Xiaomi retail for as low as 4,000 shillings ($31) despite their impressive versatility.
Middle East tensions between Iran and Israel deepen energy crisis, reshape world market outlook
Analysts say the significance of the crisis lies not only in short-term market volatility but also in the possibility that sustained energy shocks could reshape inflation expectations, interest-rate outlooks and global asset pricing.
Tanzania 4th Five-Year National Development Plan pitches for reforms in national development
Economic reforms will also be implemented to improve macroeconomic management and expand growth in key productive sectors, including agriculture, industry, services, and the digital economy, said Mkumbo.
China’s 15th Five-Year Plan: China eyes resilient domestic market less vulnerable to whims of global trade cycles and foreign tariffs
With the adoption of China’s new development blueprint for the next five years, the world is seeing far more than a national development roadmap – it is embracing inclusive growth, technological advancement and win-win cooperation that transcend borders. The global community is grappling with growing division and conflicts – from...
Comesa economic bloc advocates for livestock trade policy unification to give a fillip to intra-Africa trade under AfCFTA
Kenya’s State Department for Trade official Lynda Ouma said AfCFTA offers an opportunity for African countries to develop competitive livestock value chains through coordinated policy reforms and infrastructure investment.
China on cusp of New Age as ruling Communist Party’s 15th Five-Year Plan parley features 6G technology, brain computer interfaces
Citing his experience in China, Dennis Munene Mwaniki, executive director of the China-Africa Centre at the Africa Policy Institute in Kenya, said that China has become a leading nation in AI development and integration.
Plans for Kenya’s first nuclear power plant in Siaya take shape as national and county government teams meet
The project is expected to have a significant impact on employment and economic development in the region. During the construction phase, it is projected to create about 10,000 jobs, while the operational phase will sustain an estimated 1,200 permanent positions.
