Economy

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Global Stock Market Turmoi

Global Stock Market Turmoil: A Historic Crash Triggered by Tariff Wars

The global financial landscape has been rocked by an unprecedented stock market crash in April 2025, marking the most significant downturn since the COVID-19 pandemic. This global stock market turmoil has been primarily attributed to sweeping tariffs introduced by U.S. President Donald Trump, igniting a worldwide trade war and sending shockwaves through financial markets.​ The […]

U.S.-China trade tension

U.S.-China Trade Tension Ripple Across Africa: Continent Braces for Economic Shocks and Opportunities

As U.S.-China trade tension intensify to historic levels, Africa finds itself in a precarious yet potentially strategic position. With China and the United States deeply embedded in African trade and development frameworks, the economic rift between the two global giants threatens to reshape the continent’s economic landscape—disrupting trade flows, investment channels, and diplomatic alignments. The […]

U.S.-China trade tensions

U.S.-China Trade Tensions Escalate as China Slams Trump’s Tariff Blitz

In a sharp rebuke that underscores deepening economic rifts between the world’s two largest economies, China has condemned the latest wave of Trump administration tariffs, calling them a violation of international law and an act of “unilateral bullying.” The response, delivered in unusually direct language during a high-level Communist Party briefing in Beijing, signals a […]

Tech in Washington: Who’s Next After Elon Musk?

As Elon Musk prepares to exit his role in the Trump administration’s Department of Government Efficiency (DOGE), his impact on Washington leaves behind both a power vacuum and a provocative question: Who’s Next After Elon Musk? Musk’s time in federal politics was nothing short of disruptive. Armed with a $300 million campaign contribution and a […]

Elon Musk’s Political Calculus

Elon Musk’s Political Calculus: Risk and Reward in the Capital

For Elon Musk, the corridors of power in Washington offered both opportunity and exposure. When he accepted a role in the Trump administration’s Department of Government Efficiency (DOGE), the move was framed as an attempt to inject Silicon Valley logic into federal operations. But nearly 130 days later, with Tesla under pressure and public sentiment […]

Elon Musk Steps Back from DOGE

Elon Musk Steps Back from DOGE, and Tesla Stock Soars

Elon Musk’s decision to step back from DOGE, the Department of Government Efficiency created under the Trump administration, has triggered a sharp rally in Tesla’s stock. The news broke during Tesla’s Q1 2025 earnings call, during which Musk revealed he would significantly reduce his role in the controversial federal program starting in May. “I’ll still […]

Tesla Stock Crashes

Tesla Stock Crash: Elon Musk Faces Reckoning After Shocking Q1 2025 Earnings Plunge

The Tesla stock crash has sent tremors through global markets, as the electric vehicle giant posted a devastating 71% drop in profits for Q1 2025. Once celebrated as a symbol of innovation and future mobility, Tesla’s Q1 2025 earnings have fallen well short of expectations, rattling investors and raising serious questions about the company’s trajectory. […]

Why CBK extended free sending of up Ksh 1000

The Central Bank of Kenya recently reviewed the effectiveness of Mobile money transactions since COVID 19 in March 2020. Governor Njoroge said that mobile transactions had increased significantly increased since the transfer of 1000 or fewer shillings. The governor noted that 1.6 more customers are using mobile money channels to receive cash or pay for […]

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