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State House spending on foreign trips crosses record Sh1bn

Nairobi, June 18 -- State House spending on foreign travel surpassed Sh1 billion in the nine months to March 2026, marking a record expenditure and underscoring the burden on taxpayers from increased ... Read More


MPs reject Treasury plan to slap 25pc tax on mobile phones

Nairobi, June 18 -- Lawmakers have rejected the National Treasury's proposal to raise excise duty on mobile phones from 10 percent to 25 percent and shift the tax payment point from importation to han... Read More


Court rejects Dubai creditor's bid to block Savannah Cement sale

Nairobi, June 18 -- A Dubai-based creditor has lost its bid to challenge the process that led to the takeover of Savannah Cement, with the High Court backing the actions taken by the administrator as ... Read More


Germany hosts Tanzanian art exhibition

GERMANY, June 18 -- A MAJOR exhibition showcasing contemporary Tanzanian art has started in Münster, Germany, as part of the citys annual Africa Festival. The exhibition, titled ‘World Art... Read More


Cost of growth: What 2026/27 budget means for TZ's financial future architect

DAR ES SALAAM, June 18 -- THE 2026/27 national budget has revived an ongoing debate in public finance: whether rising debt is used for productive investments expected to boost future economic growth o... Read More


10 Most Popular Entrepreneurs from NITs

India, June 18 -- Entrepreneurs from India's National Institutes of Technology (NITs) are a standout group, known for their ability to innovate and build successful businesses. From tech startups to v... Read More


How digital transformation is fuelling risks

Nairobi, June 18 -- Across Africa, digital transformation is no longer a future ambition but a present reality. Governments are digitising public services, banks are moving customers online, businesse... Read More


MPs seek to cut dividend payout rate to 40pc in tax raising plan

Nairobi, June 18 -- The National Assembly's Departmental Committee on Finance and National Planning has differed with the National Treasury over a proposal to empower the Kenya Revenue Authority (KRA)... Read More


2 killed, 11 injured in 2 road accidents

Srinagar, June 18 -- " Two persons died, while 11, including four tourists, were injured in twin road accidents in Kashmir on Wednesday, officials said. Jammu and Kashmir Lieutenant Governor Manoj Si... Read More


IIT-B opens new path for tackling high cholesterol and fat-related disorders

India, June 18 -- image credit- shutterstock Tucked inside liver cells, there are microscopic compartments called lipid droplets, temporary reservoirs for fats such as triglycerides and cholesterol. ... Read More