UNCTAD says developing countries should generally be exempt from reciprocal tariffs, particularly those imposed on green technologies or vital goods.
https://www.theeastafrican.co.ke/tea/business-tech/un-trade-agency-advises-against-tariffs-developing-countries-5008832
https://www.theeastafrican.co.ke/tea/business-tech/un-trade-agency-advises-against-tariffs-developing-countries-5008832
The EastAfrican
UN trade agency advises against tariffs on developing countries
A UN trade agency is cautioning the US against imposing tariffs on developing countries, seeing certain exports from these countries as important to alleviate poverty in the long run.
The UN...
The UN...
Kenya's Treasury has directed government accounting officers to identify and value public assets by June in a project supported and supervised by World Bank and IMF.
https://www.theeastafrican.co.ke/tea/business-tech/kenya-begins-24m-asset-valuation-major-accounting-overhaul-5012796
https://www.theeastafrican.co.ke/tea/business-tech/kenya-begins-24m-asset-valuation-major-accounting-overhaul-5012796
The EastAfrican
Kenya begins $24m asset valuation in run-up to major accounting overhaul
Treasury has directed government accounting officers to identify and value public assets by June.
African Catholics attending services honouring Francis after his death on Monday say a Black pope is long overdue.
https://www.theeastafrican.co.ke/tea/news/world/africans-root-for-first-black-pope-in-modern-history-5012972
https://www.theeastafrican.co.ke/tea/news/world/africans-root-for-first-black-pope-in-modern-history-5012972
The EastAfrican
Africans root for first Black pope in modern history
Africa is where the Roman Catholic Church is growing fastest, according to Vatican figures published last month.
Meanwhile, Mogadishu says Somali officials face challenges obtaining visas in advance, hindering their ability to travel and participate fully in regional initiatives.
https://www.theeastafrican.co.ke/tea/news/east-africa/eac-ministers-meet-address-security-challenges-cash-crunch-5013290
https://www.theeastafrican.co.ke/tea/news/east-africa/eac-ministers-meet-address-security-challenges-cash-crunch-5013290
The EastAfrican
EAC ministers meet in Arusha to address security challenges, cash crunch
Meanwhile, Mogadishu says Somali officials face challenges when travelling within EAC member states.
Ivorian-born Tidjane Thiam, former CEO of Credit Suisse, is seeking to run in the presidential elections expected in October.
https://www.theeastafrican.co.ke/tea/news/west-africa/ivorian-court-strikes-tidjane-thiam-s-name-off-electoral-roll-5013012
https://www.theeastafrican.co.ke/tea/news/west-africa/ivorian-court-strikes-tidjane-thiam-s-name-off-electoral-roll-5013012
The EastAfrican
Ivorian court strikes Tidjane Thiam’s name off electoral roll over French nationality
Ivorian-born Thiam is seeking to run in the presidential elections expected in October.
President Ruto also sold Kenya’s regional positioning, touting Nairobi as a gateway to neighbouring markets.
https://www.theeastafrican.co.ke/tea/business-tech/kenya-ruto-dangles-tax-breaks-agoa-to-chinese-investors-5014016
https://www.theeastafrican.co.ke/tea/business-tech/kenya-ruto-dangles-tax-breaks-agoa-to-chinese-investors-5014016
The EastAfrican
Kenya’s Ruto dangles tax breaks, Agoa to Chinese investors
President Ruto also sold Kenya’s regional positioning, touting Nairobi as a gateway to neighbouring markets.
Ghanaian President has initiated an investigation in response to three petitions filed against Chief Justice Gertrude Torkornoo.
https://www.theeastafrican.co.ke/tea/news/west-africa/president-mahama-suspends-ghana-chief-justice-5013982
https://www.theeastafrican.co.ke/tea/news/west-africa/president-mahama-suspends-ghana-chief-justice-5013982
The EastAfrican
President Mahama suspends Ghana’s chief justice
President has initiated an investigation in response to three petitions filed against Gertrude Torkornoo.
Wafa Misrar and Said Skounti: As far as Africa is concerned World Bank/IMF Spring Meetings are tone-deaf
https://www.theeastafrican.co.ke/tea/opinion/columnists/world-bank-imf-spring-meetings-tone-deaf-on-africa-5012884
https://www.theeastafrican.co.ke/tea/opinion/columnists/world-bank-imf-spring-meetings-tone-deaf-on-africa-5012884
The EastAfrican
As far as Africa is concerned World Bank/IMF Spring Meetings are tone-deaf
The focus remains on "Jobs and Macroeconomics," a framing that recalls the failed structural adjustment programmes (SAPs) of the 1980s and 90s.
President Ruto hs criticised the unilateral US tariffs on global trade, choosing the Chinese as the perfect audience to attack what he called a broken post-Cold War economic system.
https://www.theeastafrican.co.ke/tea/business-tech/ruto-in-china-trade-tariff-wars-5014524
https://www.theeastafrican.co.ke/tea/business-tech/ruto-in-china-trade-tariff-wars-5014524
The EastAfrican
Ruto in China: Warnings of ‘Cold War warriors’ and ‘death blow’ to global trade
On the tariff wars, Kenyan President says the world is moving forward but leaders are stuck in the old wartime.
Sources from both sides told Reuters that M23 had demanded the release of hundreds of prisoners, which the Congolese government refused.
https://www.theeastafrican.co.ke/tea/news/east-africa/congo-m23-delegations-leave-doha-as-peace-talks-falter-5014868
https://www.theeastafrican.co.ke/tea/news/east-africa/congo-m23-delegations-leave-doha-as-peace-talks-falter-5014868
The EastAfrican
Congo, M23 delegations leave Doha as peace talks falter
Sources from both sides said M23 had demanded the release of hundreds of prisoners, which the Congolese government refused.
Tanzanian police has detained two senior opposition figures, Chadema said, as they drove to a court hearing for party leader Tundu Lissu, who has been charged with treason.
https://www.theeastafrican.co.ke/tea/news/east-africa/tanzania-detains-two-more-opposition-leaders-5015380
https://www.theeastafrican.co.ke/tea/news/east-africa/tanzania-detains-two-more-opposition-leaders-5015380
The EastAfrican
Tanzania detains two opposition leaders en route to Tundu Lissu court hearing
Detentions raise fresh concerns over President Samia Suluhu Hassan’s human rights record.
Each side -DRC and M23 - released the same statement separately after their delegations departed Qatar earlier in the week, following more than a week of discussions.
https://www.theeastafrican.co.ke/tea/news/east-africa/-congo-m23-rebels-agree-ceasefire-in-qatar-5015392
https://www.theeastafrican.co.ke/tea/news/east-africa/-congo-m23-rebels-agree-ceasefire-in-qatar-5015392
The EastAfrican
Hope and frustration: Congo, M23 rebels agree ceasefire in Qatar
Congo and M23 rebels agree to immediate halt to fighting after week of talks in Qatar.
Kenya Airways shares are still not trading on the Dar es Salaam Stock Exchange more than three months after Kenya’s regulator lifted the suspension of the stock on the Nairobi Securities Exchange, highlighting the challenges facing cross-listed stocks.
https://www.theeastafrican.co.ke/tea/business-tech/kenya-airways-shares-in-dar-no-trading-3-months-5015682
https://www.theeastafrican.co.ke/tea/business-tech/kenya-airways-shares-in-dar-no-trading-3-months-5015682
The EastAfrican
Kenya Airways shares in Dar: Why there is no trading 3 months after freeze lift
Kenya Airways says the answers will come from the Capital Markets Authority.
Pan-African rights lobby says CCM administration’s tactics—targeting opposition figures, suppressing dissent, and manipulating state institutions—threaten the integrity of Tanzania’s democracy.
https://www.theeastafrican.co.ke/tea/news/east-africa/karua-led-lobby-calls-for-unconditional-release-of-tundu-lissu-5015918
https://www.theeastafrican.co.ke/tea/news/east-africa/karua-led-lobby-calls-for-unconditional-release-of-tundu-lissu-5015918
The EastAfrican
Martha Karua-led lobby calls for unconditional release of Tundu Lissu
Pan-African Progressive Leaders Solidarity Network also called for the restoration of Chadema’s eligibility to participate in this year’s general election.
Rwanda Investigations Bureau has arrested Moses Turahirwa, founder of the famed fashion house, Moshions, over allegations of drug use.
https://www.theeastafrican.co.ke/tea/news/east-africa/former-kagame-designer-arrested-on-drug-abuse-charges-5015930
https://www.theeastafrican.co.ke/tea/news/east-africa/former-kagame-designer-arrested-on-drug-abuse-charges-5015930
The EastAfrican
Former President Kagame designer arrested on drug charges
In 2023, Turahirwa was arrested on drug-related charges, and spent months in jail, before being released on provisional bail.
Kenya recalls three major drugs over safety concerns
https://www.theeastafrican.co.ke/tea/sustainability/health/kenya-recalls-three-major-drugs-over-safety-concerns-5016100
https://www.theeastafrican.co.ke/tea/sustainability/health/kenya-recalls-three-major-drugs-over-safety-concerns-5016100
The EastAfrican
Kenya recalls three major drugs over safety concerns
The Pharmacy and Poisons Board has issued an immediate recall of Augmentin, paracetamol and esomeprazole from the market.
Zimbabwe’s debilitating debt crisis took centre stage at a major event on the sidelines of the International Monetary Fund and World Bank Spring Meetings in Washington this week.
https://www.theeastafrican.co.ke/tea/business-tech/why-afdb-warns-zimbabwe-new-law-stands-in-way-of-debt-relief-5015994
https://www.theeastafrican.co.ke/tea/business-tech/why-afdb-warns-zimbabwe-new-law-stands-in-way-of-debt-relief-5015994
The EastAfrican
Why AfDB warns Zimbabwe’s new law stands in way of debt relief
AfDB president Akinwumi Adesina told the roundtable in Washington Zimbabwe Private Voluntary Organisations (PVO) Act posed a threat to the debt resolution talks.
The monetary value of Uganda’s carbon market is estimated to be between $1.1 billion and $5.5 billion, based on the circulation of 110 million tonnes of carbon dioxide captured in the country by the end of 2023.
https://www.theeastafrican.co.ke/tea/business-tech/why-ugandan-farmers-are-missing-out-on-carbon-credits-5016842
https://www.theeastafrican.co.ke/tea/business-tech/why-ugandan-farmers-are-missing-out-on-carbon-credits-5016842
The EastAfrican
Why Ugandan farmers are missing out on carbon credits
The carbon market in Uganda faces auditor shortage and tough rules.
The Trump administration has taken a special interest in Congo since a minerals-for-security deal was proposed this year.
https://www.theeastafrican.co.ke/tea/news/east-africa/congo-rwanda-take-step-towards-peace-with-us-accord-5017138
https://www.theeastafrican.co.ke/tea/news/east-africa/congo-rwanda-take-step-towards-peace-with-us-accord-5017138
The EastAfrican
Congo, Rwanda take step towards peace with US accord amid mineral talks
The Trump administration has taken a special interest in Congo since a minerals-for-security deal was proposed this year.
President Mohamud has vowed to take the fight to al-Shabaab’s doorstep by kicking them out of Mogadishu and eventually out of Somalia.
https://www.theeastafrican.co.ke/tea/news/east-africa/mohamud-shabaab-have-made-six-attempts-on-my-life-5017226
https://www.theeastafrican.co.ke/tea/news/east-africa/mohamud-shabaab-have-made-six-attempts-on-my-life-5017226
The EastAfrican
Somali President Mohamud: Shabaab have made six attempts on my life
President Mohamud vowed to take the fight to al-Shabaab’s doorstep by kicking them out of Mogadishu and eventually out of Somalia.