Collins Ogutu
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Markets
Rwanda Regulates Online Forex Trading for the First Time
Rwanda’s Capital Market Authority (CMA) has introduced regulations to govern online forex trading, marking the first time such trading activities…
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Economy
How Informal Sectors Will Use KRA’s Ectronic Tax Invoice System
The Kenya Revenue Authority (KRA) has unveiled the Electronic Tax Invoice Management System (eTIMS) targeting businesses in the informal sector.…
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Lifestyle
Kenyan Artists Demand Ksh.2 Billion from Media Houses
Kenya’s music scene is bleeding as a report indicates media houses are in arrears with over Ksh.2 billion owed to…
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East Africa
DTB Uganda Partners With TerraPay to Boost Cross-Border Money Transfers
Diamond Trust Bank Uganda has partnered with UK payments firm TerraPay to streamline cross-border money transfers, boosting financial inclusion. The…
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Economy
KRA Forgives Ksh.209 Billion in Penalty for Kenyan Taxpayers
Over 200,000 taxpayers have benefited from a tax amnesty program, amounting to Ksh.209 billion in waived penalties. The waiver programme…
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Corporate
Showmax Overtakes Netflix as Africa’s Preferred Streaming Platform
South African streaming service Showmax has claimed the top spot in Africa’s streaming landscape, to beat the once-dominant Netflix. Latest…
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Agriculture
Greenleaf Tea Production boom sees Farmers profits Up 15.2%
Smallholder tea farmers under the Kenya Tea Development Agency (KTDA) have reported substantial growth in the production of Greenleaf. KTDA…
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Corporate
Safaricom Investment Co-operative Approves Ksh.142.4Mn Rebate Payout
Safaricom Investment Co-operative shareholders have given the nod to a Ksh. 142.4 million rebate payout. This follows the announcement of…
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Corporate
Safaricom Cuts Dividends to Shareholders by 5.1%
Safaricom has cut its dividend payout to shareholders to Ksh.0.55 per ordinary share. This represents a 5.1% decrease from the…
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Credit Score
Why Your Credit Score Matters When Applying for Loan
The practice of sharing credit information among financial institutions was introduced to combat the high levels of Non-Performing Loans (NPLs)…
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