South Korea

What you need to know:

• The auto dealer said it has longstanding financing deals with lenders like Bank of Africa to help finance customers buying its brands.
• The company said it sold 35 units of Hyundai models under its dealership as at May 2022, compared to a total of 36 units sold last year.

Hyundai Motor has unveiled its upgraded top-selling Tucson sports utility vehicle in Kenya as it seeks to drive growth in the country as the economy reopens spurring demand.

Dar es Salaam. Tanzania Railways (TRC) has terminated its contract with Turkish company Eurowagon after failing to complete the construction of two electric train locomotives and 30 passenger carriages.

According to the agreement, the equipment was supposed to be completed in November 2021 but as Eurowagon failed to meet the contractual obligations with the first phase of the construction from Dar es Salaam to Morogoro  in its final stage of construction, TRC was forced to terminate the contract on February 25,2022.

Global markets tanked on Monday with the dollar touching its peak in two decades as high U.S. inflation data stoked concerns that central banks will further raise rates.

At 5.20 am ET, U.S. Dow Jones futures fell 1.9 per cent, while S&P 500 futures slipped by about 2.3 per cent. Nasdaq futures slid 2.9 per cent.

The U.S. consumer price index quickened by 8.6 per cent last month, strengthening the possibility that the Federal Reserve could take an aggressive approach to tame price increases.

Skoto Gallery as a Venue for Liberation
Haiti Liberte

The Kenyan High Commission in London is the biggest loser in a budget review that seeks to slash expenditure for upgrading ageing office blocks for foreign missions and parent Foreign Affairs ministry by Sh500 million.

In the Supplementary Budget before the National Assembly, the Treasury has reduced expenditure for purchase of office block for an embassy in London by a third to Sh670 million from Sh1 billion approved last June.

An intelligent transportation system that monitors tolling on the newly constructed expressways is on the way, developed by the Ethiopian Roads Administration (ERA).

The Caribbean is preparing to stage one of its largest tourism conventions, and it will be an in-person event, the first such regional conference since the COVID-19 pandemic struck in the first quarter of 2020.

Barbados and the Caribbean have lost another stalwart in the hotel and tourism industry with the passing of the former General Manager of the Sandy Lane Hotel and former President of the Barbados Hotel Association (now Barbados Hotel and Tourism Association), Richard Williams.

NICE, France — Finance Minister Samuel Tweah was among four speakers chosen to open the CHOIESUL FORUM.

The Choiseul Africa Business Forum, a place of cross-fertilization, aims to give key for analysing the growth-generating sectors in Africa and gather, on an interactive mode, African and European leaders to develop a collective intelligence and to contribute to the opening of new scopes of partnerships with the continent.

No, Liberians abroad are not internet citizens nor are they insignificant when it comes to national issues – they shape the direction of the country for good for the most part. It is even fair to say that they actively influence every crucial decision that is made in the country. Furthermore, what the diaspora is capable of bringing to Liberia is far greater than the sum of the fears some local Liberians have towards their compatriots abroad!

DANCER Benton Morris has still not received a blood transfusion, despite many donors coming forward to assist.

The Jamaica Observer highlighted his call for donations of the rare O negative blood type a week ago to alleviate the symptoms of aplastic anaemia from which he suffers. However, since then he has not received the transfusions he requires.