UAE Becomes Africa’s Top Investor with $110B in Projects

The United Arab Emirates has emerged as Africa’s leading investor, committing $110 billion to new business…

Safaricom Seeks For Comprehensive Device Insurance

Safaricom, Kenya’s leading telco has begun looking for proposals for a comprehensive device insurance solution, aiming…

Spiro to Build First EV Assembly Plant in Nigeria

SPIRO electric mobility company plans to establish its first electric vehicle assembly facility in Ogun State,…

Zephiir Enters Kenya’s Market with Peer-to-Peer Vehicle Sharing Platform

Zephiir vehicle sharing marketplace, has launched its peer-to-peer platform in Kenya. Founded by CEO Nancy Afandi,…

Equity Bank Recognized For Leadership in Advancing SDG

Equity bank Kenya has taken pride to have been recognized for its leadership in advancing Sustainable…

Kenya Betting Tax Skyrockets to 15%

Kenya has increased the excise tax on betting stakes from 12.5% to 15% under the Tax…

Fight Over M-PESA Unit Trusts Erupts Between Safaricom and Investment Bank

Safaricom and Investment Bank Genghis Capital have generated dispute between them, over M-Pesa-backed unit trusts, following…

HF Group PLC Makes 3rd Successive Achievement, Earning Oversubscription on Rights Issue

HF Group PLC, a financial solutions provider, has achieved an oversubscription on its just concluded Rights…

Mastercard and Boost Partner to Digitize FMCG Distribution for African MSMEs

Mastercard and Boost have partnered to support small businesses in last-mile fast-moving consumer goods (FMCG) distribution…

KRA Announces Changes to PAYE Computation, Affecting Deductible Contributions

The Kenya Revenue Authority (KRA) has issued guidance regarding December 2024 payroll processing in view of…

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