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Lakshmi Yojana portal goes live; 34,000 women register in 12 hours

India, Aug. 2 -- Women began queuing at registration camps across Delhi from 8 am on Saturday as the portal for the Delhi Lakshmi Yojana went live, beginning the rollout of the city Government's Rs 2,... Read More


Nirav joins chess club at London prison, court told

India, Aug. 2 -- Nirav Modi, wanted in India to face trial in connection with a$2 billion Punjab National Bank (PNB) fraud and money laundering case, has joined the chess club in his south-west London... Read More


Debt repayments and pensions eat up half of revenues

Nairobi, Aug. 2 -- Spending on public debt repayments and pensions has for the first time gobbled up half of Kenya's domestic revenues in the year to June 2026, underlining the burden of loans and tak... Read More


BAT Kenya faces Sh4.5bn suit over VELO marketing campaign

Nairobi, Aug. 2 -- British American Tobacco (BAT) Kenya faces a constitutional petition seeking Sh4.5 billion from the cigarette maker for reportedly unlawfully promoting its VELO nicotine pouches and... Read More


The dealmaker behind Kenya's biggest IPO now takes centre stage in investment banking

Nairobi, Aug. 2 -- On March 4, an unfamiliar face sat next to Treasury Cabinet Secretary John Mbadi during a news conference following the successful initial public offering (IPO) of Kenya Pipeline Co... Read More


Kenya Re faces more competition in foreign markets

Nairobi, Aug. 2 -- Listed reinsurer Kenya Re is expected to face increased competition in the international market as more countries lock premiums within their borders by increasing mandatory retentio... Read More


Gathungu, Nyakang'o flag Sh7.7bn charges for unused loans

Nairobi, Aug. 2 -- Auditor-General Nancy Gathungu and Controller of Budget (CoB) Margaret Nyakang'o have flagged Sh7.7 billion in commitment charges for loans tapped but not used over five years, warn... Read More


Iniside Kenya's iconic XYZ show that never made money

Nairobi, Aug. 2 -- "Had I had the same success as an entrepreneur in France as I had in Kenya, I'd be a millionaire." Marie Lora -Mungai confesses as she reflects on the one-time popular Kenyan TV sho... Read More


Dominance of big five NSE stocks cut to 62pc

Nairobi, Aug. 2 -- Small and medium-sized stocks have cut the dominance of the five largest firms at the Nairobi bourse amid a rally in share prices and fresh listings of Kenya Pipeline Company (KPC) ... Read More


Woman Police Sergeant arrested for defrauding police funds

Sri Lanka, Aug. 2 -- A woman Police Sergeant serving at Iginiyagala Police Station has been arrested by Ampara Police's Special Crime Investigation Unit for defrauding approximately Rs. 290,000 in rev... Read More