Business
– South Africa’s FirstRand, the second-largest lender in Africa, has joined a growing list of continental banks seeking to buy into Kenya’s banking industry. Half of Africa’s top 20 banks are building a multi-billion-shilling war chest for the market. They
– South Korea’s monthly exports reached a record $115.3 billion in October, up 93.7% from a year earlier, as semiconductor sales surged. Data released on Sunday by the Ministry of Trade, Industry and Resources showed chip exports alone soaring 259%
– Kenya aims to raise its annual coffee output to 150,000 metric tonnes, with new climate-resilient varieties expected to play a central role. Production is projected at about 60,000 metric tonnes in the 2025/2026 season, well short of that target.
– Germany’s new electric vehicle registrations surged 58% to 604,000 in the first nine months of 2026, helping lift global battery-electric vehicle registrations to a record 11 million, according to PwC. Worldwide registrations rose 12% over the period, driven mainly
– Türkiye aims to become the world’s sixth-highest-earning country in tourism revenue, backed by a larger budget allocation for the sector in 2027. The 2027 central government budget draft sets tourism funding at $244.5 million, up from $188.4 million this
The Apple iPhone Duo redefines the book-style foldable category by adopting a practical “passport” aspect ratio (5.4-inch outer display, 7.6-inch inner display), a crease-mitigating nano-texture matte finish, and a vapor-cooled 2nm A20 Pro chip. It foregoes Face ID in favor
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are
