Finance

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Kenya to target budget deficit of 4.9% of GDP in 2026/27

Kenya will target a budget deficit of 4.9% of gross domestic product (GDP) in the 2026/27 fiscal year of July to June, a senior finance ministry official said on Wednesday, keeping it broadly in line with the 4.8% forecast for this financial year

Elon Musk, Jensen Huang to talk AI at US-Saudi investment forum

Tesla Chief Executive Officer (CEO), Elon Musk and Nvidia CEO, Jensen Huang will take part in a discussion on advances in artificial intelligence and technology at a United States (US)-Saudi Arabia investment forum in Washington on Wednesday, according to a document seen by Reuters

US confirms sale of $700 million air defence missile system to Taiwan

The United States (US) confirmed the sale to Taiwan of an advanced missile system worth almost $700 million which has been battle-tested in Ukraine, its second weapons package in a week bringing the total of $1 billion, and reaffirmed support for Taipei