Category: Stops
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Court stops replacement of Rigathi Gachagua as deputy president
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to update: The Supreme Court issued interim orders halting Regathi Gachagwa’s replacement as Vice President until October 24 when the matter will be mentioned before a bench appointed by Chief Justice Comey. Impeached Vice President, Rigate Gachagwa, has moved to court to challenge his removal from office by Parliament. Through…
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Court stops replacement of Rigathi Gachagua as deputy president
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to update: The Supreme Court issued interim orders halting Regathi Gachagwa’s replacement as Vice President until October 24 when the matter will be mentioned before a bench appointed by Chief Justice Comey. Impeached Vice President, Rigate Gachagwa, has moved to court to challenge his removal from office by Parliament. Through…
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China stops short of Africa debt relief as pledges more cash By Reuters
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By Duncan Merry and Laurie Chen NAIROBI/BEIJING (Reuters) – China declined to provide debt relief sought by several African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit lines and investments. Launched in 2000, the Forum on China-Africa Cooperation (FOCAC) has taken on an…
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Banks, stock brokers hits as CBK stops commission on bonds trade
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Kenya’s central bank will stop paying commission to stockbrokers, custodian banks and authorised securities dealers that help it sell treasury bonds from next month, cutting off hundreds of millions of shillings in revenue each year. The central bank paid selling agents – who act as intermediaries between the central bank…
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Tesla stops taking orders for cheapest Cybertruck, offers $100,000 version now By Reuters
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Written by Abhiroop Roy and Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc has stopped taking orders for the least expensive version of its Cybertruck, which costs $61,000, while the $100,000 version is available for immediate order and delivery this month, its website showed. Tesla investors and fans are closely…
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Court stops Joho family firm Sh5.9bn grain facility at Mombasa port
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The High Court has temporarily halted the construction of a second bulk grain handling facility at the Port of Mombasa, which was awarded to companies linked to mining cabinet secretary nominee and former Mombasa governor Hassan Joho. The High Court, headed by Deputy Chief Justice Philomena Mwilu, ruled that the…
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Porsche stops production of some combustion models early By Reuters
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FRANKFURT (Reuters) – Porsche is sticking to its position in its move to electric cars, bringing forward the end of production of some internal combustion models, the company’s production chief told Automobilwoche magazine. Porsche board member Albrecht Reimold said the petrol-powered version of the Macan SUV for non-European markets will…