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[Monitor] Kampala -Uganda's Finance minister Matia Kasaija and his Kenyan counterpart are yet to get confirmation of the specific dates for further negotiations and possible financial closure from China's ministry of Commerce which supervises EXIM Bank, the prospective financier of the Standard Gauge Railway (SGR), Daily Monitor has learnt.

Wellington's port company has taken a hit of almost $120 million due to earthquake damage, and written down the value of its property investments by another $20m.

The murder trial of a former Wellington man living in Australia has been told he killed his partner in a jealous rage before his young children discovered her body.

President Donald Trump vowed Tuesday to introduce a new merit-based system to regulate new arrivals in the United States and reduce the flow of unskilled workers, as he held out the prospect of a sweeping immigration reform. While pushing for tougher law enforcement in his maiden speech to Congress, Trump ...

Tony Dara “How can a country earn $300bn from crude oil sales since 2014, according to estimates by the NNPC and yet see more than 60 per cent of its population living in abject poverty?” –Tabia Princewill in an article published on Vanguard website on Wednesday, February 22, 2017. I ...

Ifeanyi Onuba, Abuja The National Bureau of Statistics on Tuesday released the Gross Domestic Product growth rate for the country, with the economy recording a contraction of -1.3 per cent in the fourth quarter of 2016 and – 1.5 per cent for the year. The NBS explained that in real ...

Okechukwu Nnodim, Abuja The Federal Government will not ban the operations of okada (commercial motorcycle) and tricycles in the country, the Minister of Transportation, Rotimi Amaechi, has said. According to the minister, banning okada and tricycle riders will lead to massive job losses in Nigeria, adding that this may affect ...

Economic and financial experts will on March 30 converge on Lagos to discuss the way forward for Nigerian banks at the maiden edition of “Meeting-of-Minds.’’ The event is being organised by eBRANDish, a marketing and brands communications publication. The programme is coming against the backdrop of the challenges facing the ...

YouTube on Tuesday unveiled a streaming television service offering bundles of live channels, in a direct challenge by the Google-owned network to traditional cable and pay TV. YouTube TV is tailored for younger generations seeking news, films and more programs without subscribing to cable or satellite service, YouTube chief executive ...

Capital spending by domestic firms rose 3.8 percent year-on-year in the October-December period, marking a turnaround as companies sought to boost output, government data showed Wednesday. Business investment by all non-financial sectors for purposes such as building plants and introducing new equipment came to ¥10.94 trillion ($97 billion). Lifted by ...