The damning report by Kenya's auditor general also revealed that just 1 percent of government spending was "incurred lawfully and in an effective way."
A lack of opportunities in Africa must be addressed at the Global Entrepreneurship Summit in Kenya to spur the development of entrepreneurship on the continent.
German millennials are part of the first generation to grow up in the single currency eurozone — and they are reacting with solidarity and anger towards Greece's debt problem.
Talk about a head-scratcher: Former Finance Minister Yanis Varoufakis once reportedly characterized Greece's creditors as "terrorists."
The employment report left investors wondering whether the U.S. Federal Reserve will remain on course to lift interest rates in September.
A robust jobs report could provide further evidence the U.S. economy is on strong enough footing to absorb the impact of a Federal Reserve interest rate hike in September.
The U.S. jobless rate is forecast to fall one-tenth of a percentage point back to a seven-year low of 5.4 percent.
"Solid consumer spending, reduced global headwinds and firming inflation in the second quarter all point to a September rate liftoff."
U.S. employment rose by 280,000 jobs last month and the unemployment rate rose to 5.5 percent. As the job market expands, employers are facing a new dilemma: labor shortages.
Greece opted to delay a debt repayment to European creditors, sparking fears Athens is edging closer to bankruptcy. The Dow tumbled 170 points in response.
China's economy has sputtered this year and growth slowed to a six-year low of 7 percent in the first three months of the year.
According to a new study, women are responsible for more than 70 percent of household income in the insular country. Men are stuck in low-paying jobs.
Real estate investment growth continued to slow in the first four months of 2015 to the lowest since May 2009.
Market professionals are looking ahead to the number of Americans filing claims for unemployment benefits, due out Thursday morning.
At least 47 states spent less per student during the 2014-2015 school year than in 2007-2008.
The unemployment rate is falling, and so is the number of Americans who are underemployed, according to Friday’s U.S. jobs report.
What’s hidden below the data is a prime indicator the government isn't talking about -- the extent to which good jobs are being lost.
The Labor Department will release its closely followed employment report at 8:30 a.m. (1230 GMT) on Friday.
Much of the focus this week will be on the unemployment report for April after March's sharp hiring slowdown.
The ONS said Britain's unemployment rate fell to 5.6 percent, its lowest level since July 2008.
Some 80 percent of Somalis living in urban areas are currently unemployed and there are few legal options for them to make money.
U.S. employers added 126,000 jobs in March, marking a sharp slowdown in hiring.