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Taifa Gas nears completion of Sh320 billion Kenya LPG terminal

Tanzania, Aug. 2 -- A Sh320 billion liquefied petroleum gas (LPG) import terminal being developed by Tanzania's Taifa Gas at the Dongo Kundu Special Economic Zone in Mombasa is nearing completion, pos... Read More


Kerala rain fury: 8 dead, 13 injured, 8 missing

India, Aug. 2 -- Kerala Chief Minister V D Satheesan on Sunday said that eight people have died, an equal number are missing and 13 were injured in the previous day's heavy rains which caused property... Read More


RBI likely to hold rates in August: Economists

India, Aug. 2 -- The Reserve Bank of India (RBI) is expected to keep the benchmark repo rate unchanged in its August monetary policy review on elevated inflation risks and pending the closure of the F... Read More


How the Ceuta border crossing incident immediately played into the hands of Spain's far right

India, Aug. 2 -- Ceuta, an autonomous city, sits on Morocco's northern coast. The Spanish government has said almost all of the migrants have since returned to Morocco, and at least 57 have died. Fac... Read More


Lakshmi Yojana portal goes live; 34,000 women register in 12 hours

India, Aug. 2 -- Women began queuing at registration camps across Delhi from 8 am on Saturday as the portal for the Delhi Lakshmi Yojana went live, beginning the rollout of the city Government's Rs 2,... Read More


Nirav joins chess club at London prison, court told

India, Aug. 2 -- Nirav Modi, wanted in India to face trial in connection with a$2 billion Punjab National Bank (PNB) fraud and money laundering case, has joined the chess club in his south-west London... Read More


UNCDF programme powers Tanzania's rise as a digital finance hub

DAR ES SALAAM, Aug. 2 -- THE United Nations Capital Development Fund (UNCDF) backed PesaTech programme mobilised over 18 million US dollars (over 47bn/-) for Tanzanian fintech firms from 2022 to 2025 ... Read More


The dealmaker behind Kenya's biggest IPO now takes centre stage in investment banking

Nairobi, Aug. 2 -- On March 4, an unfamiliar face sat next to Treasury Cabinet Secretary John Mbadi during a news conference following the successful initial public offering (IPO) of Kenya Pipeline Co... Read More


Kenya Re faces more competition in foreign markets

Nairobi, Aug. 2 -- Listed reinsurer Kenya Re is expected to face increased competition in the international market as more countries lock premiums within their borders by increasing mandatory retentio... Read More


Gathungu, Nyakang'o flag Sh7.7bn charges for unused loans

Nairobi, Aug. 2 -- Auditor-General Nancy Gathungu and Controller of Budget (CoB) Margaret Nyakang'o have flagged Sh7.7 billion in commitment charges for loans tapped but not used over five years, warn... Read More