Kenya Financial News
28.09 / 15:37
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Time
92-year-old Salima Khan goes to school for first time, learns reading, writing
Times of India. “Those days are gone." The literacy rate in India is around 73%, according to the 2011 census.
28.09 / 14:41
28.09 / 05:31
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Food prices are rising as countries limit exports. Blame climate change, El Nino and Russia's war
This question is playing out in households around the world as they face shortages of essential foods like rice, cooking oil and onions. That is because countries have imposed restrictions on the food they export to protect their own supplies from the combined effect of the war in Ukraine, El Nino’s threat to food production and increasing damage from climate change. For Caroline Kyalo, a 28-year-old who works in a salon in Kenya's capital of Nairobi, it was a question of trying to figure out how to cook for her two children without onions.
26.09 / 18:33
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Quota a rakhi gift: Modi to Gujarat BJP women wing
Narendra Modi said on Tuesday during his first visit to his home state after both the houses passed the Women Reservation Bill. «Like every year, this year too you had sent me Rakhi in large numbers.
25.09 / 14:35
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At UN, African leaders say enough is enough: They must be partnered with, not sidelined
At the U.N. General Assembly meeting in New York, African leaders are relaying a unanimous message, that their continent of more than 1.3 billion people is done being a “victim” of a post-world war order and must be recognized and partnered with as a g...
25.09 / 11:45
24.09 / 12:29
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Who is Tigist Assefa? Know about Ethiopia's star who shattered women's marathon world record at Berlin
Tigist Assefa, the Ethiopian sensation, has stunned the world by shattering the women's marathon world record at the Berlin Marathon on Sunday. Her remarkable achievement adds a new chapter to the history of this prestigious event.
23.09 / 15:11
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ICC World Cup 2023 may be last of its kind, here's why
ALSO READ: ODI World Cup 2023 prize money: How much prize money will winners and runners-up get The 14th edition of the Cricket World Cup is scheduled to take place in South Africa, Zimbabwe, and Namibia in October and November 2027. Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Paste this on click here: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d As per the new format for 2027, two groups of seven, with the top three teams in each group will progress to a Super Six stage, followed by semi-finals and a final.
22.09 / 16:59
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Top warming talks official hopes for 'course correction' and praises small steps in climate efforts
A top official of upcoming international climate negotiations hopes to prove critics wrong and surprise them with a “course correction” for an ever-warming world
22.09 / 04:55
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Indian-origin author Chetna Maroo's debut novel shortlisted for Booker Prize 2023
Booker Prize. Kenya-born Maroo's novel set within the context of the British Gujarati milieu has been praised by the Booker judges for its use of the sport of squash as a metaphor for complex human emotions.
21.09 / 21:05
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Booker Prize 2023: Indian-origin author Chetna Maroo’s debut novel ‘Western Lane’shortlisted
Booker Prize 2023 judging panel Thursday announced the final list of six novels from 13 longlisted titles – the so-called “Booker dozen" – which were selected from 163 books published between October last year and September this year. All the six shortlisted books "showcase the breadth of what world literature can do", BBC reported Canadian novelist Esi Edugyan, who chairs the judging panel, as saying. London-based Indian-origin author Chetna Maroo’s debut novel ‘Western Lane’ was among the shortlisted for the 2023 Booker Prize in London.
21.09 / 04:59
Billy
Billy Chemirmir, accused of murdering 22 women, killed by cellmate in jail
killing two women and accused of murdering many more, has been killed by his cellmate this week while serving a life sentence, prison officials confirmed.Chemirmir, 50, was found guilty last year of killing two women. He was caught after a 91-year-old woman, Mary Bartel, survived an attack in 2018 and told police that a man forced his way into her apartment at an independent living community for seniors, tried to smother her with a pillow and took her jewelry.He was found dead in his jail cell at a Texas state prison Tuesday morning, a spokesperson with the Texas Department of Criminal Justice confirmed.Authorities confirmed he was killed by his cellmate, who was also serving a murder sentence, but officials did not name the cellmate, nor the cause of Chemirmir’s death.
20.09 / 17:31
20.09 / 07:41
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Global Biofuel Alliance: India takes a leadership role
Global Biofuel Alliance. In this editorial, we will dig into this agreement and find out how India benefits from this. Read on… Biofuels are fuels from biomass such as animals, plants and algae.
20.09 / 03:17
Toronto man pleads guilty to murder, admits poisoning toddler with sodium nitrite
Scarborough toddler mysteriously died and another toddler became seriously ill after eating cereal.Francis Ngugi, a friend of the mother of one of the children whose advances she had rejected, admitted in court that he purposefully poisoned the children and took full responsibility for what he called a “shameful and selfish act.”After Ngugi pleaded guilty to second-degree murder in the Superior Court of Justice on Tuesday morning, the 47-year-old began to read a letter he had penned for the mother of Bernice Wamala, the mother of the deceased.As Ngugi began to apologize, the cries of Bernice’s mother drowned out his words, and she slumped over onto the floor.The distraught woman was consoled by crown prosecutors and victim-witness support workers. Ngugi’s letter was filed before he could finish reading it.According to an agreed statement of facts read out in court, Ngugi, a refugee claimant from Kenya who came to Canada in 2018, began working as a janitorial custodian at Griffith Foods, a processing plant in Scarborough.As part of its food processing work, Griffith Foods cures meat products and uses 99 per cent pure food-grade sodium nitrite chemicals to do so.
17.09 / 09:25
16.09 / 20:17
business
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Asset Tokenization
Insurance, agriculture, and real estate: how asset tokenization is reshaping the status quo
The Boston Consulting Group estimates the tokenization of real-world assets could become a $16 trillion industry in the coming years. Its impact, however, goes well beyond financial figures, and can help people in developing countries to find new ways to deal with real-world problems.
15.09 / 09:15
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record high
Earth's warmest August saw 65 countries set record high temperatures: Report
Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.
09.09 / 18:55
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The African Union is joining the G20, a powerful acknowledgement of a continent of 1 billion people
The decision by the Group of 20 of the world’s leading economies to admit the African Union as a permanent member is a powerful acknowledgement of Africa as its more than 50 countries seek a more important role on the global stage
09.09 / 14:21
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PM Modi launches Global Biofuels Alliance
Narendra Modi on Saturday announced the launch of the Global Biofuels Alliance. A total of 19 countries and 12 international organizations have so far agreed to join the alliance, including both G20 members and non-member countries. India, Brazil and the US are the founding members of the alliance.
09.09 / 08:19
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First Aadhaar, now UPI: Cops reveal the dark underbelly of human trafficking in Goa
UPI was found recently by the Goa Police. As per the cops, they have uncovered an international sex racket in which clients were made to pay sex workers using UPI! As per the cops, the racket was being remotely managed from Kenya.
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