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NSE rises above Sh4trn milestone for first time

Nairobi, Aug. 3 -- Investor wealth at the Nairobi Securities Exchange (NSE) has crossed Sh4 trillion for the first time in the wake of a sustained rally in blue-chip share prices and the recent entry ... Read More


Jammu-Srinagar highway closed; Rajouri adminstration issues flood advisory amid heavy rainfall

India, Aug. 3 -- Traffic movement on the Jammu-Srinagar national highway was suspended Monday, August 3, evening as heavy rains lashed wide parts of Jammu and Kashmir including the border district of ... Read More


Power imports surpass local wind generation

Nairobi, Aug. 3 -- Electricity imports from Ethiopia and Uganda overtake local wind generation as the country increasingly relies on neighbouring nations to starve off blackouts and power rationing. ... Read More


Safaricom sale, World Bank loan lift forex reserves to Sh1.99trn

Nairobi, Aug. 3 -- Vodacom and the World Bank have wired a combined Sh337.6 billion into government accounts, helping lift Kenya's foreign exchange reserves to a record $15.4 billion (Sh1.99 trillion)... Read More


FNB eBucks, Clicks and Engen launch integrated rewards ecosystem

South Africa, Aug. 3 -- From 1 August 2026, FNB eBucks, Clicks and Engen launched an integrated rewards ecosystem that combines banking, fuel and retail into a single customer value proposition, enabl... Read More


South Africa's magazine market is becoming more segmented - and that creates opportunity

South Africa, Aug. 3 -- On the Dot's latest analysis of active local magazines, covering May 2025 to April 2026, points to a market increasingly divided between high-volume accessible titles, a strong... Read More


African sovereign wealth funds: The newest, most consequential institutional investors

Nairobi, Aug. 3 -- Over the past decade, Africa's sovereign wealth funds (SWFs) have quietly evolved from symbolic fiscal policy instruments into some of the continent's most consequential institution... Read More


Airtel, Safaricom locked in business wallet price war

Nairobi, Aug. 3 -- Airtel on Monday launched a product to rival Safaricom's Pochi la Biashara, triggering a price war that has cut the cost of customer transfers to micro-businesses' wallets to zero. ... Read More


Law expected to facilitate cross-border trade

Hanoi, Aug. 3 -- The draft law amending and supplementing a number of articles of the Law on Customs, recently reviewed by the National Assembly Standing Committee at its fourth session, aims to moder... Read More


Ather Energy Losses Narrows To INR 510 Million In Q1 FY2027

Mumbai, Aug. 3 -- Bengaluru-based electric vehicle maker Ather Energy has reported its consolidated income of INR 12.6 billion for Q1 FY2027, which marks a 87.2 percent YoY increase. In Q1, the compa... Read More