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Trump terms Saudi-Turkiye-Pak defence pact big, bold step

India, Aug. 18 -- US President Donald Trump has termed the Saudi Arabia-Turkiye-Pakistan defence agreement a "big, bold and important first step" towards defending themselves in a "more meaningful way... Read More


Iran working to finalise Strait of Hormuz agreement with Oman

India, Aug. 18 -- Iran said on Monday it is working to finalise a joint statement with Oman on a plan to manage the transit of ships through the Strait of Hormuz. Fully reopening the waterway to comme... Read More


KCB to take over Kilimani apartments in Sh2bn row

Nairobi, Aug. 18 -- KCB Bank has been allowed to place apartment blocks owned by Northcote Business Centre under administration to recover defaulted $16 million (Sh2 billion) loans. Northcote borrowe... Read More


Equity funds trail NSE 2026 returns

Nairobi, Aug. 18 -- Unit trust funds putting investor funds into select listed stocks have trailed returns of the Nairobi Securities Exchange (NSE) as the schemes struggle to deliver market-beating re... Read More


John Ngumi loses graft probe suit in Sh6bn Telkom sale

Nairobi, Aug. 18 -- Businessman John Ngumi's fight against the anti-graft agency's continued investigation of the Sh6 billion Telkom Kenya sale deal has shifted to the Anti-Corruption and Economic Cri... Read More


Inside MPs plan to ease the pain at petrol pumps

Nairobi, Aug. 18 -- A parliamentary committee has proposed a reduction of the fuel pricing components subject to Value Added Tax (VAT) in a bid to help lower pump prices, especially whenever global co... Read More


Prime Bank profit rise 23.6pc on government lending

Nairobi, Aug. 18 -- Prime Bank Group has posted a 23.6 percent jump in net profit for the half-year ended June 2026 to Sh3.3 billion, mainly driven by lending to the government. The lender, which has... Read More


Our roads are killing people who cannot afford to drive

Nairobi, Aug. 18 -- In Nairobi, 40 percent of daily trips are made on foot. You would not know it from the infrastructure. A Bill in Parliament, and a template already built in Addis Ababa, offer a wa... Read More


AI needs us to invest in our people

Nairobi, Aug. 18 -- Last week, I read a World Bank report on how artificial intelligence can help Africa's economy. Its message is worth pondering: for Africa to reap AI's benefits, we should not focu... Read More


Eyes on KCAA as Wilson Airport awaits full operations on revamped main runway

Nairobi, Aug. 18 -- Night flights are yet to resume on the revamped main runway at Wilson Airport, more than two weeks after it was partially reopened for daytime operations, resulting in prolonged in... Read More