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How India's Monetary Policy Shapes Nepal's Economy: Nepal Needs Greater Monetary Flexibility

New Delhi, May 11 -- Nepal officially adopted the current exchange rate peg of NPR 1.6 per INR in 1993, with implementation beginning in 1994, an era when the internet was still a novelty and Nepal's ... Read More


Wildlife crisis may undermine tourism boom worth billions

Nairobi, May 11 -- In 2024, the country welcomed 2.4 million international visitors, surpassing pre-pandemic levels and reclaiming its status as East Africa's leading tourism destination. Tourism earn... Read More


State eyes AI traffic lights with Sh1.18bn

Nairobi, May 11 -- The Treasury has set aside Sh1.1 billion to fast-track the rollout of AI-powered traffic lights and surveillance cameras to cut reliance on police officers at busy junctions in Nair... Read More


Safaricom Ethiopia takes $134m external debt on shallow local lending capacity

Nairobi, May 11 -- Regulatory constraints in Ethiopia pushed Safaricom's subsidiary in that market to take a $134.0 Million (Sh17.3 billion) worth of hard currency debt from external sources in the ye... Read More


Mortal Kombat II: They listened, improved, but sadly bait and switch Johnny Cage fans

Nairobi, May 11 -- This is one of those rare moments I found myself genuinely taken aback by what a studio was able to achieve with a property that many had written off. To understand why this film f... Read More


Japan's Daiichi Sankyo unveils five-year business plan focused on oncology innovation

Singapore, May 11 -- Japan-based Daiichi Sankyo has revealed its next Five-Year Business Plan (FY2026 - FY2030) that outlines how the company plans to deliver more than 2.3 trillion yen in oncology re... Read More


Befitting sendoff or poverty trap? Lango families drown in funeral costs

Uganda, May 11 -- Gloria Akao, 33, died at a clinic in Lira City West on March 23, 2026. She was buried five days later at Lela Village, Apii Parish in Ayer Sub-county, Kole District. At her burial, ... Read More


Uganda's education sector in the last 40 years

READ, May 11 -- Over the past 40 years (1986 to 2026), Uganda's education sector has evolved from a post-conflict recovery phase to a mass-access system. This is anchored in Universal Primary Educatio... Read More


TRA advocates tech-driven customs to tackle tax evasion

ZANZIBAR, May 11 -- THE Tanzania Revenue Authority (TRA), Commissioner General, Mr Yusuph Mwenda, has underscored the importance of continued investment in modern customs systems, anti-smuggling equip... Read More


Disciplined execution drives Barrick's strong performance in 2026's first quarter

TORONTO, May 11 -- BARRICK Mining Corporation said its first quarter production of gold hit 719,000 ounces beating guidance of 640,000–680,000 ounces. In their press release, Barrick Mining, wh... Read More