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Business - Page 53

Kenya lost 4.2bn shillings to Telegram shutdown in 2023

Telegram, a widely used social media platform in Kenya, faced an unexplained disruption coinciding with the country’s college entrance examinations. Speculations arose regarding the motive behind the outage, with some suggesting a connection to preventing examination malpractice, given that the app remained
January 17, 2024

Nigeria’s inflation jumps to 27-year high

Inflation in Nigeria has risen to its highest rate in more than 27 years. The National Bureau of Statistics said the rate that prices were increasing over the year was up for the 12th straight month. On average, the price of goods
January 16, 2024

Guards ordered to stay unarmed as Uganda hosts summit

Private security guards in Uganda have been banned from carrying firearms until after the end of a key international summit starting in the capital, Kampala. Over 4,000 delegates, including UN Secretary General Antonio Guterres and heads of state and government, will be
January 15, 2024

Collapse of goldmine in Tanzania kills 22

The collapse of an illegal small-scale gold mine has killed at least 22 people in northern Tanzania following heavy rains, a senior government official said on Sunday. The accident happened early on Saturday in the Simiyu region after a group of people
January 15, 2024
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