Business

State Introduces New Levy on SACCOs

State Introduces New Levy on SACCOs

Saccos members will now pay a new tax on their non-withdrawable deposits, which are the share capital they cannot reduce…
Kenya’s Government Digital Payments Platform Migrated to Single Playbill

Kenya’s Government Digital Payments Platform Migrated to Single Playbill

Kenyan government digital payment channels have migrated to a single Playbill number 222222, effective December 31, 2023, in line with…
Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa

Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa

Taifa Gas, a Tanzanian company that supplies liquefied petroleum gas (LPG), has started building a Ksh.300-billion ($1.9 billion) plant and…
EPRA Reduces Fuel Price on Crude Oil Price Dip

EPRA Reduces Fuel Price on Crude Oil Price Dip

The Energy Petroleum and Regulatory Authority (EPRA) has announced a reduction in the prices of Super Petrol, Diesel, and Kerosene…
Innovation at Forefront; Metropol GMD Sam Shares Insights at Stima Sacco Seminar

Innovation at Forefront; Metropol GMD Sam Shares Insights at Stima Sacco Seminar

At the 3rd annual innovation seminar held by Stima Sacco at the Stratmore Business School in Nairobi, Metropol Corporation Group…
Ethiopia Likely to Default on its $1 Billion Bond

Ethiopia Likely to Default on its $1 Billion Bond

Ethiopia appeared to be on the brink of a debt default on Friday after talks with key holders of the…
Safaricom Unveils Christmas-based Product Dubbed Sambaza Furaha

Safaricom Unveils Christmas-based Product Dubbed Sambaza Furaha

Safaricom has launched its Christmas campaign, Sambaza Furaha, aimed at promoting joy and blessings, enhancing customer engagement and experience. Throughout…
YouTube Launches Premium Service in Kenya; See Cost Per Package

YouTube Launches Premium Service in Kenya; See Cost Per Package

YouTube has expanded its subscription services to Kenya, introducing YouTube Music and YouTube Premium, marking a significant milestone in its…
Tanzania’s FDI Doubles to $1 Billion in Q3 2023

Tanzania’s FDI Doubles to $1 Billion in Q3 2023

Tanzania has witnessed a significant surge in its Foreign Direct Investments (FDI) in the third quarter of 2023, doubling the…
Why Tanzania is Dropping Sunflower Industry Boost for 2024

Why Tanzania is Dropping Sunflower Industry Boost for 2024

Tanzania’s sunflower sector industrialization efforts have been hindered by a deal to bulk-source high-yield seeds for its one million sunflower…
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