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Posta returns to profit on Sh1.5 billion deal with Huduma Kenya

Nairobi, May 12 -- The Postal Corporation of Kenya (PCK) returned to profitability in the year to June 2025, helped by the recognition of a long-standing Huduma Kenya debt of Sh1.54 billion as revenue... Read More


The Finance Bill 2026 should build, not drain Kenyan economy

Nairobi, May 12 -- Debate around the Finance Bill 2026 risks becoming too narrowly focused on taxation targets and short-term revenue collection yet the country's deeper economic challenge today is no... Read More


Kasese, Rubirizi fishermen fear livelihood loss over 33-boat cap

Uganda, May 12 -- Fishing communities on Lake Edward, Lake George and the Kazinga Channel in Kasese and Rubirizi districts want the government to rethink a new fisheries directive limiting each landin... Read More


XProtect VMS ROI study reveals a bigger shift towards security

India, May 12 -- The latest XProtect VMS ROI study highlights how video management systems are no longer being viewed only as security tools. Enterprises are increasingly treating them as operational ... Read More


Ban on alcohol essential, elected govt must decide: Apni Party chief Bukhari

Srinagar, May 12 -- Jammu and Kashmir Apni Party president Syed Muhammad Altaf Bukhari on Tuesday called for a ban on alcohol in the Union Territory, asserting that the elected government must take th... Read More


Close booze shops near temples, schools like Tamil Nadu, Altaf Bukhari tells J&K govt

SRINAGAR, May 12 -- Hours after Tamil Nadu Chief Minister Joseph Vijay ordered the closure of 717 liquor shops near religious places, educational institutions, and bus stands, Jammu and Kashmir Apni P... Read More


Rupee hits record low of 95.63 against US Dollar as global crude prices surge

India, May 12 -- The Indian rupee today slipped to an all-time low, closing at 95.63 (provisional) against the US dollar amid rising global uncertainty and surging crude oil prices. The domestic curr... Read More


Uday Kotak warns India to brace for major shock from US-Iran conflict

India, May 12 -- Kotak Mahindra Bank founder and director Uday Kotak has warned that India must prepare for a major global economic shock arising from escalating tensions in the US-Iran conflict, caut... Read More


Why EACJ blocked Tanzania tax on Kenyan matchboxes

Nairobi, May 12 -- The East African Court of Justice (EACJ) has prohibited the Tanzania Revenue Authority from levying a tax of Tsh400 (Sh19.37) on Kenyan matches, ruling that it is discriminatory. Th... Read More


VB-G RAM G Act to come into force from July 1: Govt

India, May 12 -- The Centre on Monday announced that the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Act (VB-G RAM G) will come into force across the country from July 1, replacin... Read More