Kenya has increased the excise tax on betting stakes from 12.5% to 15% under the Tax…
Category: Business
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Renew Capital and Witamax Capital Invest in Talaty to Drive AI-Powered Financing in Africa
Renew Capital and Witamax have made a strategic investment in Talaty, a Moroccan fintech company, to…
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…
Bolt Cautions Drivers and Riders Against Offline Trips
Bolt, one of the ride-hailing platform in Kenya, has cautioned riders and drivers to refrain from…
Absa Bank Aims to Improve SMEs in South Nyanza Region
Absa Bank Kenya has installed its branch in Migori, relocating to a more central location believed…
Mastercard, MTN Group, and Arifu Empower One Million SMEs in Africa
The Mastercard Center for Inclusive Growth, MTN Group Fintech, and Arifu have partnered to uplift nearly…
Equity Group Partners with ODDO BHF to Boost Africa-Europe Trade and Investment
Equity Bank Limited, during the German-Africa Business Summit held in Nairobi, signed a memorandum of understanding…