Business
China’s Zijin Mining Group to Begin Lithium Production in Congo by 2026
January 8, 2025
China’s Zijin Mining Group to Begin Lithium Production in Congo by 2026
China’s Zijin Mining Group has announced plans to commence lithium production in early 2026 at the Manono project in the…
Kenya’s Economy Grows by 4% in Q3 2024, the Slowest Pace Since Early 2021
January 8, 2025
Kenya’s Economy Grows by 4% in Q3 2024, the Slowest Pace Since Early 2021
Kenya’s economy expanded by 4% in the third quarter of 2024, marking the slowest growth rate since early 2021. This…
Crude Exports From South Sudan Resumes After 10-Month Force Majeure
January 8, 2025
Crude Exports From South Sudan Resumes After 10-Month Force Majeure
Sudan has lifted a force majeure notice on crude exports from South Sudan, allowing oil shipments to resume through a…
Kenya Airways Delivers Stellar Performance on NSE After Resuming Trading
January 7, 2025
Kenya Airways Delivers Stellar Performance on NSE After Resuming Trading
Kenya Airways (KQ) has captured the attention of investors following an impressive performance on the Nairobi Securities Exchange (NSE). The…
KRA Makes Changes to Excise Duty Rates Effective December 27, 2024
December 23, 2024
KRA Makes Changes to Excise Duty Rates Effective December 27, 2024
The Kenya Revenue Authority (KRA) has announced adjustments to excise duty rates for various goods and services, following the enactment…
Ndiritu Muriithi Appointed as KRA Board Chair in Fresh State Appointments
December 20, 2024
Ndiritu Muriithi Appointed as KRA Board Chair in Fresh State Appointments
President William Ruto has appointed former Laikipia Governor Ndiritu Muriithi as the Chairperson of the Kenya Revenue Authority (KRA) Board…
Ruto Makes Major Changes in His Cabinet, State CorporationsÂ
December 20, 2024
Ruto Makes Major Changes in His Cabinet, State CorporationsÂ
President William Ruto made changes to the senior ranks of the executive, including nominations, reassignments, and appointments. The reshuffles and…
Tanzania’s Amsons Group Launches Ksh.23.6 Billion Bamburi Cement Buyout
December 19, 2024
Tanzania’s Amsons Group Launches Ksh.23.6 Billion Bamburi Cement Buyout
Tanzania’s Amsons Group has initiated its Ksh.23.6 billion acquisition of Bamburi Cement, one of Kenya’s leading cement manufacturers – according…
KRA Announces Key Changes to PAYE Following Tax Laws (Amendments) Act, 2024
December 19, 2024
KRA Announces Key Changes to PAYE Following Tax Laws (Amendments) Act, 2024
The Kenya Revenue Authority (KRA) has announced updates to the Pay-As-You-Earn (PAYE) computation following the implementation of the Tax Laws…
Tyme Becomes Africa’s Newest Unicorn After Securing $250M, Valuation Hits $1.5B
December 17, 2024
Tyme Becomes Africa’s Newest Unicorn After Securing $250M, Valuation Hits $1.5B
Tyme Group, the digital banking firm backed by South African billionaire Patrice Motsepe, has raised $250 million in its latest…