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Oryx contributes 1.2tri/- to GDP, creates 26000 jobs

DAR ES SALAAM, May 10 -- THE Oryx Energies Tanzanias operations have contributed 1.2tri/- to the nations Gross Domestic Product (GDP) over the four-year period from 2021 to 2024. This substantial con... Read More


ICEA supports DPIIT issuing QCO amendment for the electronics industry

India, May 10 -- In a significant move to protect India's electronics manufacturing competitiveness, the India Cellular and Electronics Association (ICEA) has expressed its strong support for the Gove... Read More


MK Stalin Responds to Vijay's Rs 10 Lakh Crore Debt Claim in Tamil Nadu

India, May 10 -- DMK chief and former Tamil Nadu Chief Minister M.K. Stalin on Sunday strongly responded to Chief Minister C. Joseph Vijay's remarks alleging that the State government was burdened wit... Read More


Mpigi councilors push for municipality status

Uganda, May 10 -- Leaders in Mpigi District have resolved to push for the elevation of Mpigi Town Council, Kammengo Sub-county, Buwama Town Council, and Buwama sub-county to municipality status, sayin... Read More


Delays in closing Safaricom sale deal gifts State Sh16bn

Nairobi, May 10 -- Delays in the sale of the government's 15 percent stake in Safaricom to South Africa's Vodacom in the wake of a suit are on course to gift the Treasury Sh16.1 billion in dividends. ... Read More


Kenyans face costlier budget smartphones on AI chip boom

Nairobi, May 10 -- Kenyan consumers are likely to dig deeper into their pockets to buy locally assembled smartphones as a global scramble for artificial intelligence (AI) chips sends the price of crit... Read More


Muhoho Kenyatta: The hidden pillar behind Kenyatta family empire

Nairobi, May 10 -- It is rare to hear about Muhoho Kenyatta, the younger brother of former President Uhuru Kenyatta and the quiet pillar behind the commercial dynasty built by Kenya's founding preside... Read More


Muyas' Family Bank stake diluted to 34pc in rights issue

Nairobi, May 10 -- The family of Titus Muya's combined stake in Family Bank shrunk by 9.3 percentage points following its decision to sit out the bank's recent capital raising as it seeks to comply wi... Read More


M-Pesa Ziidi Trader brings 84,000 investors to bourse

Nairobi, May 10 -- About 84,000 small investors bought shares on the Nairobi bourse through the M-Pesa stock-trading platform, Ziidi Trader, between February and March this year, underlining the impac... Read More


Can Bhavish Aggarwal Drag Ola Krutrim Out Of The Rut?

India, May 10 -- In June 2023, on a visit to India, OpenAI cofounder and CEO Sam Altman said Indian startups looking to build ChatGPT rivals with just a few million dollars will most likely fail. Ola ... Read More