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Perseus Sh457.7 billion investment set to boost jobs, revenue in Tanzania

Tanzania, June 29 -- Dar es Salaam. Australia's Perseus Mining says it has injected more than Sh457.7 billion into Tanzania's economy ahead of the start of commercial production at the Nyanzaga Gold P... Read More


Commerce Ministry calls stakeholders' meet on June 30 on SEZ issues

India, June 29 -- The commerce ministry has called a meeting of stakeholders on June 30 to discuss issues related to Special Economic Zones (SEZs), an official said. The meeting will focus on issues r... Read More


Fuel crisis: Govt policies insulated consumers

India, June 29 -- When the Strait of Hormuz shut to commercial shipping in late February, global oil markets did what they always do: panic first, adjust later. Brent crude surged from the low $80s to... Read More


LG approves executive magistrate powers for revenue officers

India, June 29 -- Delhi Lieutenant Governor Taranjit Singh Sandhu has authorised key revenue and administrative officers to exercise executive magistrate powers in the reorganised districts of the nat... Read More


SOEs: Government seeks dividend beyond the Sh1 trillion record

Tanzania, June 29 -- Dar es Salaam. The government has intensified pressure on State-Owned Enterprises (SOEs) and other public entities to improve efficiency and meet dividend and statutory payment ob... Read More


Indian Stock Markets Open Flat Amid Focus on US-Iran Ceasefire

WEB DESK, June 29 -- Indian stock markets opened flat today with investors and traders closely monitoring developments surrounding the US-Iran ceasefire and upcoming diplomatic discussions. Nifty open... Read More


KenGen plans to triple renewable energy production

Nairobi, June 29 -- State-owned power producer Kenya Electricity Generation Company (KenGen) has laid out an ambitious plan to expand its renewable energy development pipeline to 5,500 megawatts, fund... Read More


iTax locks out many ahead of tax filing deadline

Nairobi, June 29 -- A section of taxpayers on Monday struggled to log into the Kenya Revenue Authority's (KRA) online tax filing platform, iTax, as thousands rushed to submit their mandatory annual in... Read More


Omaxe to Invest Rs 62 Billion in Hospitality Expansion

Mumbai, June 29 -- Omaxe has announced the launch of a dedicated hospitality business vertical with plans to develop 19 hotels across five states over the next four to five years as part of its strate... Read More


Statcon Energiaa Wins Order for IOCL Green Hydrogen Project

Mumbai, June 29 -- Statcon Energiaa (SEPL) has secured an order from L&T Electrolysers to supply high-power rectifiers for the 10 kTPA green hydrogen project being developed at Indian Oil Corporation'... Read More