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Court rules Monday on State's 15pc Safaricom stake sale

Nairobi, May 15 -- The High Court is expected to make a ruling on Monday on whether the government's planned sale of a 15 percent stake in Safaricom Plc to parent firm Vodacom Group Limited will proce... Read More


Ruto's Posta Kenya Closes 125 Branches and Cuts 440 Jobs

Kenya, May 15 -- Posta Kenya closes 125 branches as part of a sweeping cost-saving plan that will also eliminate 440 jobs. The Postal Corporation of Kenya announced the changes this week, aiming to sa... Read More


Tanzania eyes Afcon tourism windfall with aggressive promotion strategy

Tanzania, May 15 -- Dodoma. Tanzania is banking on the 2027 Africa Cup of Nations (Afcon) to unlock billions of dollars in tourism revenues, with the government unveiling an extensive strategy to mark... Read More


Government outlines priorities in proposed Sh334 billion tourism, natural resources budget

Tanzania, May 15 -- Dodoma. The government has tabled a proposed Sh334 billion budget for the Ministry of Natural Resources and Tourism for the 2026/27 financial year, outlining ambitious plans to boo... Read More


Akamai to acquire LayerX for USD 205 million to master AI usage control

India, May 15 -- As enterprises race to adopt Generative AI, a critical security gap has emerged: the browser. Today's workforce engages with SaaS AI applications and autonomous agents primarily throu... Read More


IMF raises concerns over fuel subsidies ahead of Sri Lanka programme review

Sri Lanka, May 15 -- The International Monetary Fund (IMF) has confirmed that Sri Lanka's combined Fifth and Sixth reviews under the Extended Fund Facility are expected to be presented to its Executiv... Read More


G.A Mir calls for comprehensive policy to combat substance abuse in J&K, flags alcohol menace

Srinagar, May 15 -- Expressing serious concern over the growing substance abuse in Jammu & Kashmir, senior Congress leader Ghulam Ahmad Mir on Friday called for a comprehensive public policy to safegu... Read More


Padma Jaiswal says not aware of Centre Suspension Order Report

India, May 15 -- Senior IAS oficer Padma Jaiswal has said she is not aware of any dismissal or suspension order reportedly issued against her by the Centre, amid media reports of rare disciplinary act... Read More


Rupee Falls Past 96 Against Dollar To Hit Record Low

India, May 15 -- The Indian rupee slipped past the 96-per-dollar mark on Friday to hit a fresh record low against the US dollar amid mounting global economic pressures. The local currency was trading... Read More


Gautam Adani nears US Probe closure after SEC Settlement

India, May 15 -- Gautam Adani is nearing resolution of multiple legal investigations in the United States after the US Securities and Exchange Commission (SEC) settled its civil case linked to disclos... Read More