Kenya to receive kshs. 444 Million in stolen assets stashed abroad – UK High Commissioner Confirms

Kenya is to receive the first transfer of KSh 444 Million in stolen assets stashed abroad. This is part of ‘The Framework for the Return of Assets from Crime in Kenya’ initiative signed two years ago between Kenya and other partners. “The first transfer under the agreement stands to return KSh 444 Million in stolen assets that will be channelled More...

Yemen Refugees flee to Somalia for Safety.
Irin Somalia is the new home for 30,560 people who have fled the fighting in Yemen and are trying to adjust to life in a country that – while no longer written off as a “failed state” – certainly has its More...

China to cancel debt of ‘relevant’ African countries due in 2020.
China hopes that the international community, especially developed countries and multilateral financial institutions, will act more forcefully on debt relief and suspension for Africa, President Xi Jinping said More...

Is it the time for an African at the helm of the World Trade Organisation ?
So the WTO needs a new director-general to succeed Roberto Azevêdo, who announced resignation last weekend. Who will replace him? After a Brazilian, a Frenchman (Pascal Lamy), a Thai (Supachai Panitchpakdi) More...

Kenya Diaspora Remittance up by 6.2% – The hand that keeps giving
Despite earlier projections of diaspora remittance decline by the World Bank, Kenyans in the Diaspora remittance rose by 6.2%, sending $707.3 million in the period between January to March 2020 compared to $665.8 More...

Unwanted at Home and abroad ‘ Kenyans in the Diaspora protest Government Negligence.
Kenyans in the Diaspora are frustrated and accuse the Government of neglecting them. We are much more than the Remittance we send home, they said. Unwanted at home and abroad – ”They let politicians, More...

Reactions from Trump’s WHO funding with drawing
Africa briefing: US President Donald Trump has instructed his administration to temporarily halt funding to the World Health Organisation (WHO) over its handling of the coronavirus pandemic. Trump said the WHO ‘failed More...

Latest Headlines – Kenya
Source: Daily Nation Today is the 33rd day since Kenya confirmed its first case of the novel coronavirus (Covid-19). We bring you key updates from the Nation’s special coverage team. You can subscribe to this More...

Global trade drops to the levels of the 2008/2009 Financial Crisis
The World Trade Organization (WTO) is predicting a severe decline in international commerce this year. In a new report the WTO forecasts a contraction of between 13% and 32% this year. The wide range of possibilities More...

COVID19 – UK’s Prime Minister Boris Johnson admitted to hospital for tests
According to 10 Downing Street, Boris Johnson who tested positive for Corona Virus ten days ago was taken to hospital on Sunday on advise by his doctors where he was admitted. According to the report, his symptoms More...