Business
CBK Approves CIS’ Validata Tool to Tame Data Submission Errors to CRBs
August 26, 2025
CBK Approves CIS’ Validata Tool to Tame Data Submission Errors to CRBs
The Central Bank of Kenya (CBK) has approved the CIS ValiData tool developed by the Credit Information Sharing Association of…
What it Means as Treasury Blocks KRA from Using Tax Refunds to Offset Dues
August 19, 2025
What it Means as Treasury Blocks KRA from Using Tax Refunds to Offset Dues
Kenya’s National Treasury has prohibited the Kenya Revenue Authority (KRA) from allowing taxpayers to offset their tax liabilities using refunds…
Kenya’s HoneyCoin Raises $4.9 Million to Scale Stablecoin Payments
August 14, 2025
Kenya’s HoneyCoin Raises $4.9 Million to Scale Stablecoin Payments
Kenyan fintech HoneyCoin has raised $4.9 million in seed funding to accelerate its stablecoin-powered payments infrastructure across Africa, Latin America,…
Airtel Africa, Vodacom Seal Infrastructure Sharing Deal for Enhanced Connectivity
August 13, 2025
Airtel Africa, Vodacom Seal Infrastructure Sharing Deal for Enhanced Connectivity
Airtel Africa and Vodacom Group have entered into infrastructure sharing agreement covering key markets among them Mozambique. Other markets include…
Kenya Runs to UAE for Uganda SGR Extension in $4 Billion Deal
August 13, 2025
Kenya Runs to UAE for Uganda SGR Extension in $4 Billion Deal
Kenya plans to raise $4 billion by securitising revenue from its import levy to finance the extension of the Standard…
Republicans Push New Crypto Bill as Democrats Warn of Financial Risks
August 13, 2025
Republicans Push New Crypto Bill as Democrats Warn of Financial Risks
Republicans in Congress are seeking to extend a recent winning streak on cryptocurrency legislation, but Democrats are raising sharp concerns…
Airtel Money, pawaPay Agree to Further Border Remittances in 7 African Markets
August 13, 2025
Airtel Money, pawaPay Agree to Further Border Remittances in 7 African Markets
Airtel Money Africa has extended its partnership with Africa’s largest mobile money payment service provider, pawaPay for cross-border payments for…
Kenya, Iran set 60-day timeline to end the tea export ban.
August 13, 2025
Kenya, Iran set 60-day timeline to end the tea export ban.
Kenya and Iran have agreed to form a joint committee that will work to remove trade barriers within 60 days,…
South Africa’s Shoprite to Exit Ghana and Malawi
August 6, 2025
South Africa’s Shoprite to Exit Ghana and Malawi
South Africa’s biggest grocery retailer Shoprite Holdings said on Tuesday it is selling its operations in Ghana and Malawi, marking another…
Nigeria’s Oil Production Topped 1.8 million Barrels Per Day in July
August 5, 2025
Nigeria’s Oil Production Topped 1.8 million Barrels Per Day in July
Nigeria’s oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million bpd,…