South African fashion and grocery retailers lift stocks

Reuters South African stocks closed higher on Tuesday, led by fashion and grocery retailers, which reported better-than-expected sales growth. Retailers’ results eased investor concerns about constrained consumer spending in an environment where rising inflation, interest rates, fuel and utilities are putting pressure on household disposable income. Fashion retailer Truworths (TRUJ.J) jumped 9.7%, clocking its biggest one-day surge…

Tanzania launches cultivation of over 11,000 hectares of block farms for youth

By XINHUA Tanzanian authorities on Sunday launched the cultivation of 11,453 hectares of block farms for the youth in the country’s central region of Dodoma. Hussein Bashe, the Minister for Agriculture, the launch of the cultivation of 11,453 hectares of block farms is part of the implementation of a national agricultural program for the youth. Bashe…

Africa CDC welcomes classification of monkeypox as a global public health emergency of international concern

By Jerry Omondi The Africa Centres for Disease Control and Prevention (Africa CDC) on Monday welcomed the World Health Organization’s (WHO) classification as a global public health emergency of international concern (PHEIC). WHO Director-General Dr Tedros Adhanom on Saturday announced the declaration and called for a multi-sectoral approach against the disease. So far, more than 16,000…

Kenya resumes khat exports to Somalia

By Jerry Omondi Kenya resumed khat exports to Somalia on Sunday, a week after President Uhuru Kenyatta and his Somalia counterpart Hassan Mahmoud agreed on the reopening of the border between the two countries in order to ease the movement of people and enhance trade in goods and services. Kenya’s Agriculture minister Peter Munya confirmed the…