Read Jul 9 6 min read
...s at the ballot in August is clear – Does Kenya want to go the Sri Lanka way by giving power to another dynast Raila Odinga or do they want to vote for DP Ruto who would increase their per-c...
Read Jun 3 1 min read
Nyakundi Report
...the day, was detained at Bandaranaike International Airport in Sri Lanka. The airport's official stated that the aircraft was not allowed to return following an order from the Colombo Commer...
Read Jun 3 1 min read
Nyakundi Report
Sri Lanka's economy continues to face significant challenges as the country grapples with its worst economic crisis since independence. The country's headline inflation surged to a record hi...
Read May 31 2 min read
Nyakundi Report
Sri Lanka's 2022 economic crisis has drawn comparisons to challenges dating back to its 1948 independence, as global debt defaults reach critical levels. The nation's collapse followed decad...
Read May 24 2 min read
Nyakundi Report
India has been a long-standing supporter of Sri Lanka, providing critical assistance during times of crisis. On Sunday, a large consignment of humanitarian aid worth over Rs 2 billion was ha...
Read May 19 1 min read
Nyakundi Report
Sri Lanka's economy has been in a state of turmoil for months, with a severe shortage of foreign currency and soaring inflation leading to a chronic shortage of medicines, fuel, and other es...
Read May 17 1 min read
Nyakundi Report
May 17, 2022, Colombo - Sri Lanka's President Gotabaya Rajapaksa has narrowly escaped a censure motion after his fractured coalition voted against taking up the unprecedented 'displeasure of...
Read May 17 2 min read
Nyakundi Report
...65.9 billion spent in 2020. Critics warn Kenya risks repeating Sri Lanka's economic collapse, which saw the island nation's debt-driven infrastructure projects contribute to its worst crisis...
Read May 11 2 min read
Nyakundi Report
Sri Lanka’s central bank governor issued a stark warning on May 11, 2022, that the nation’s economy would collapse without an urgent transition to a new administration, as security forces ma...
Read May 11 2 min read
Nyakundi Report
Sri Lanka's Prime Minister Mahinda Rajapaksa has stepped down following widespread protests against the country's economic collapse, which has triggered food and fuel shortages and power out...
Read May 10 2 min read
Nyakundi Report
Sri Lankan security forces issued shoot-on-sight orders on May 10, 2022, to suppress escalating protests after violent clashes left eight people dead and over 225 injured on May 9, 2022. The...
Read May 10 2 min read
Nyakundi Report
Protesters in Sri Lanka set fire to multiple residences belonging to members of the ruling Rajapaksa family and lawmakers, marking a violent escalation in demonstrations against the governme...
Read May 4 1 min read
Nyakundi Report
Sri Lanka's tea exports reached 63.7 million kilograms in the first quarter of 2022, the lowest level since 1999, according to official data. This decline reflects the worst performance of t...
Read Apr 29 2 min read
Nyakundi Report
As Sri Lanka grapples with its worst economic crisis, Finance Minister Ali Sabry has revealed that the government has no choice but to hike the country's sales tax. In an exclusive interview...
Read Apr 22 2 min read
Nyakundi Report
Sri Lanka's economic crisis has triggered a severe medicine shortage, with hospitals and pharmacies nationwide reporting critical gaps in essential drugs. The country, which imports 85% of i...
Read Apr 22 1 min read
Nyakundi Report
On April 22, 2022, Sri Lanka's economic crisis deepened as the country's inflation hit a record high for the sixth consecutive month, according to official data. The National Consumer Price...
Read Apr 20 1 min read
Nyakundi Report
On April 20, 2022, Sri Lanka witnessed a surge in anti-government protests, with demonstrators blocking key highways and state-run hospitals halting non-emergency services due to a severe sh...
Read Apr 19 1 min read
Nyakundi Report
April 19, 2022, marked a turning point in Sri Lanka's economic crisis as police shot dead a protester and wounded 24 others in the first fatal clash with residents demonstrating against the...
Read Apr 19 2 min read
Nyakundi Report
Sri Lanka has sought emergency financial assistance from the International Monetary Fund (IMF) as it faces its worst economic crisis in over seven decades, with officials confirming a potent...
Read Apr 16 1 min read
Nyakundi Report
...reopen on Monday, will remain closed through Friday following Sri Lanka's declaration of a default on external debt and a sharp interest rate increase. The decision coincides with preparati...
Read Apr 14 1 min read
Nyakundi Report
India has sent 11,000 metric tons of rice to Colombo for Sri Lanka's New Year celebrations, with the shipment arriving aboard the vessel Chen Glory. The delivery coincides with the island na...
Read Apr 14 1 min read
Nyakundi Report
...Embassy has provided emergency food supplies to communities in Sri Lanka's Anuradhapura region, addressing severe food insecurity exacerbated by the nation's economic crisis. The aid was del...
Read Apr 14 1 min read
Nyakundi Report
April 14, 2022, marked a critical day for Sri Lanka's economy as two of the world's largest credit rating agencies issued warnings of a looming debt default. Fitch Ratings and S&P Global Rat...
Read Apr 13 1 min read
Nyakundi Report
Sri Lanka’s government has asked citizens abroad to transfer foreign currency to mitigate a $51 billion debt default, as the nation grapples with its worst economic crisis since independence...
Read Apr 5 2 min read
Nyakundi Report
...rtages of food, fuel, and other essentials have been affecting Sri Lanka for months, causing widespread misery. On April 5, 2022, Sri Lanka's President Gotabaya Rajapaksa lost his parliament...