adminKenya seeks to raise US$1,5bn in bond issue
NAIROBI. — Kenya hopes to raise close to US$1,5 billion in an ambitious international bond issue aimed at revamping crumbling colonial-era infrastructure and accelerating East Africa’s largest economy. The hunt…
Monroe X-rays up for auction
A PHYSICIAN’S notes on Marilyn Monroe that indicate that the Hollywood sex symbol had undergone cosmetic surgery will be up for sale next month along with a set of her…
Duty drawbacks key to growth
Gift Mugano Business Correspondent DUTY drawback schemes are used to provide exporters of manufactured goods with imported inputs at world prices and thus increasing their profitability, while maintaining the protection…
Nokia deal no panacea for Microsoft
SAN FRANCISCO. — Microsoft Corporation’s US$7,2 billion pairing with Nokia Oyj’s handset business is failing to win over the software developers who are crucial to its success. Consider Tommy Palm…
India trade gap narrows
NEW DELHI. — India’s trade gap slid to a 30-month low last month, data showed yesterday, boosting government hopes of narrowing a massive current account deficit and easing pressure on…
‘Defiant’ Obama stands his ground
WASHINGTON. — President Barack Obama warned on Tuesday that world leaders were nervous Republicans would “blow up” the US economy, and vowed not to budge on his demand for the…
‘Stay-at-home’ Obama risks losing Asia footprint
NUSA DUA. – Most Asia-Pacific leaders, themselves blooded in political trench warfare, sympathise with US President Barack Obama’s unwillingness to desert his Washington fox-hole while grand strategic shifts take place…
Final Deduction Systema explained
Did you know that the Pay as You Earn system was introduced in 1966? Its aim was to benefit the country by ensuring a steady and constant flow of revenue…
MTN rules the roost
LAGOS. – MTN Nigeria has maintained its dominance of the country’s mobile network space, according to statistics the Nigeria Communications Commission. According the NCC statistics, as at the end of…
‘Blurred Lines’ hitmaker to emulate Brangelina
ROBIN THICKE’S dad wants him and his wife Paula Patton to “adopt a few Ethiopian kids’’. The “Blurred Lines” singer’s father, Alan, thinks that if he and his actress spouse…