Non-essential petrol sales halted for two weeks in Sri Lanka
Sri Lanka has suspended sales of fuel for non-essential vehicles as it faces its worst economic crisis in decades. For the next two weeks only...
Debt
Defiant Wajackoyah says he won’t drop promotion of Marijuana
Roots Party Presidential Candidate Prof. George Wajackoyah says he is not going to yield to pressure to drop his campaign to have Marijuana legalized. Prof...
Sri Lanka gives government workers extra day off a week
Sri Lanka is giving government officials an extra day off a week to encourage them to grow food, amid fears of a food shortage. The...
Sri Lanka defaults on debt for first time in its history
Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in more...
Sri Lanka debt default ‘has begun’, says leading rating agency
Sri Lanka is about to default on its debts, two of the world’s largest credit rating agencies have warned. Fitch Ratings lowered its assessment of...
AfDB Group approves debt sustainability policy for low income countries
The African Development Bank (AfDB) has approved a policy that will strengthen and bring transparency to debt management among low-income countries. The board of the...
KIPPRA trims this year GDP growth to 5.4pc on election risks
The Kenya Institute for Public Policy Research and Analysis (KIPPRA) projects that the economy will expand 5.4% this year on account of rebound in services,...
Mudavadi vows to prioritize tax cuts, scolds Jubilee borrowing
Amani National Congress (ANC) leader Musalia Mudavadi has promised to lower taxes if elected as the country’s next President. Mudavadi says taxes are currently prohibitive...
Treasury projects economy to rebound to 6.6pc next year
The National Treasury on Thursday officially started the FY2022/23 budget making process with a call on Kenyans to forward their recommendations on what should be...
Class eight pupil stabs man over Kshs 150 in Homa Bay
A 20-year-old man is fighting for his life at Kisii County Teaching and Referral Hospital after a class eight pupil stabbed him in the head...