Faith Nyasuguta Tanzania is set to enforce strict regulations banning the use of foreign currencies for local transactions, making the Tanzanian Shilling the sole legal tender within its borders. This move, spearheaded by the Bank of Tanzania (BoT) in collaboration with the Ministry of Finance, aims to strengthen the national currency and safeguard the country’s […]
Read More
Faith Nyasuguta Ethiopia and Russia are advancing discussions on conducting trade in their national currencies, aiming to reduce transaction costs and economic uncertainties, Ethiopia’s ambassador to Russia, Genet Teshome Jirru, revealed in an interview. While still in the early stages, both countries see significant potential for growth in this initiative. Ambassador Jirru emphasized Ethiopia’s efforts […]
Read More
Faith Nyasuguta Moroccan authorities blocked 78,685 migrants from attempting to enter Europe illegally in 2024, a 4.6% increase compared to the previous year, according to the Interior Ministry. Officials attributed the rise to growing migration pressure amid regional instability. Most intercepted migrants came from West Africa (58%), followed by North Africa (12%), including Moroccan nationals, […]
Read More
Faith Nyasuguta Brazilian and Real Madrid legend Marcelo has officially retired from football at the age of 36, marking the end of an illustrious 19-year career. The left-back made the announcement on Instagram on Thursday through a heartfelt video showcasing key moments of his career. “My journey as a player ends here, but I still […]
Read More
Faith Nyasuguta A Tunisian court has sentenced prominent opposition figures and a journalist in a move widely condemned as an attack on political and press freedoms. Among those sentenced is Rached Ghannouchi, 83, Tunisia’s most influential opposition leader and co-founder of the Ennahda movement. Already imprisoned for nearly two years, he was handed an additional […]
Read More
Faith Nyasuguta Former U.S. President Donald Trump has imposed sanctions on the International Criminal Court (ICC) following the tribunal’s arrest warrant for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant. Trump, 78, signed an executive order enforcing financial penalties and visa restrictions on ICC officials, employees, and their families. The decision comes […]
Read More
Faith Nyasuguta Bill Gates, widely known as a Harvard dropout, has shared fascinating details about his Ivy League application process, revealing a unique and strategic approach that helped him gain admission to multiple prestigious universities. In his memoir Source Code: My Beginnings, Gates describes his teenage uncertainty about the future and how he tailored each […]
Read More
Faith Nyasuguta Tensions between the United States and South Africa have escalated after U.S. Secretary of State Marco Rubio announced he would not attend the G-20 summit in Johannesburg, scheduled for February 20-21. Rubio cited concerns over South Africa’s recently enacted Expropriation Act, which allows the government to seize private land under certain conditions. In […]
Read More
Faith Nyasuguta The potential shutdown of the United States Agency for International Development (USAID) could send shockwaves across Africa, where its aid has been crucial to development and humanitarian efforts for decades. From health programs to education, agriculture, and economic growth, USAID’s assistance has been deeply woven into the fabric of many African countries. Should […]
Read More
Faith Nyasuguta Dangote Refinery has strengthened its position in the global energy market with the export of two cargoes of aviation fuel to Saudi Arabia. The shipment, destined for Saudi Aramco, marks a major milestone for the Nigerian refinery, demonstrating its growing international footprint. Saudi Aramco, the world’s largest energy company, plays a key role […]
Read More
Recent Comments