Fuel prices have hit new highs in Tanzania as tensions in eastern Europe continue to impact the global oil market. According to the latest cap prices for May for petroleum products, announced late Tuesday by the Energy and Water Utilities Regulatory Authority (EWURA), petrol prices in
Countries in Eastern Africa have embraced digital market space and are looking to tax digital services in an attempt to enhance revenue collections, tame excessive borrowing as well as narrow their fiscal deficits. Rwanda has become the latest in East Africa after Kenya to take up
Rwandan authorities said early Friday they would reopen the border with Uganda, ending nearly three years of a standoff that appeared to hurt both countries’ economies and raised fears of armed hostilities. The announcement came after a period of quiet diplomacy during which Ugandan President Yoweri
Eight Kenyans are among 12 people who were arrested in Rwanda following an attempted cyber fraud on Equity Bank based in Kenya and Uganda. Others arrested were three Rwandese and a Ugandan, according to a revelation by Rwanda Investigative Bureau (RIB). “This group was arrested while in the
