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Elon Musk loses trillionaire status as SpaceX and Tesla shares tumble

United Kingdom, June 25 -- Elon Musk has lost his trillionaire status less than two weeks after becoming the first person to surpass the $1 trillion mark, following a sharp sell-off in shares of Space... Read More


Meta working on 'prediction markets' app

United Kingdom, June 25 -- Meta is reportedly developing a new standalone app that will allow users to predict the outcomes of future events, as the technology giant looks to tap into the rapidly grow... Read More


Major study shows Australia's social media ban has made no 'meaningful difference' to teenagers

United Kingdom, June 25 -- Australia's landmark ban on social media for under-16s has made little difference to teenage usage, according to a major new study published in The BMJ. Researchers from th... Read More


KRA loses Sh221m tax battle against seed company

Nairobi, June 25 -- The High Court has overturned a Sh221 million tax assessment against East African Seed Company, handing the agribusiness a major victory in a dispute over value-added tax and withh... Read More


At 87, Liz is just getting serious

Nairobi, June 25 -- At 87, Liz Campbell has gone full circle. She has outlived three of her husbands, seen the gains made by the first civil rights movement in the US by her first husband and his frie... Read More


Sh1.2bn Royco dispute tests multinationals' tax rules

Nairobi, June 25 -- The High Court has allowed the Kenya Revenue Authority (KRA) to pursue a fresh appeal against Unilever Kenya in a dispute involving more than Sh1.2 billion in customs taxes, reopen... Read More


Brookside steps up partnerships with hoteliers in growth drive

Nairobi, June 25 -- Milk processor Brookside has stepped up its partnership with hospitality outlets as it seeks to further grow its market share in the industry, considered a niche market for dairy p... Read More


Eala endorses $4.7 million supplementary EAC budget

Tanzania, June 25 -- Arusha. The East African Legislative Assembly (Eala) has approved a supplementary budget of about $4.79 million (about Sh12.61 billion) for the 2025/2026 financial year. At the s... Read More


Church wins property ownership case as pastor ordered to vacate

Tanzania, June 25 -- Arusha. The Arusha Sub Registry of the High Court of Tanzania has resolved a long-running dispute over church property ownership in Elerai, declaring the Registered Trustees of Ev... Read More


Court of Appeal rejects 28-year land claim suit

Tanzania, June 25 -- Arusha. A long-running legal battle by Pantaleo Awe to reclaim three-quarters of an acre of land in the Mrara area, Babati District in Manyara Region has ended in defeat after the... Read More