Business

CBK Approves CIS’ Validata Tool to Tame Data Submission Errors to CRBs

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

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 

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 

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

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

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

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.

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

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

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,…
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