Author: Francis Mwema

Kenya revenue authorities formerly known as (KRA) has been one of the government agency programs in charge of collecting, accessing, and accounting for all taxes around the country, it started way back in 1995  by the national assembly. The Kenya revenue authorities headquarters is located at Times Tower, Haile Selassie Avenue in Kenya’s capital Nairobi.

In Kenya when one hears or comes across the name Kenya Revenue Authority (KRA), what automatically comes to mind immediately is tax. in other words KRA is mostly referred to as the taxman by Kenyans. it is also a facilitator of global trade.

Kenyans have always found themselves on the other side of the law most so students. Every individual and company in possession of a Personal Identification Number (PIN) should file their tax return at the end of the year with the collection agency which is the Kenya Revenue Authority.

Kenya operates a self-assessment …

• Senegal´s gas discoveries have generated a great deal of hope among the country’s young population about future opportunities in the energy sector.
• The Greater Tortue Ahmeyim (GTA) LNG is the largest gas project currently underway in Senegal
• In the near future, Senegal will no longer be hampered by what had been up to now some of the highest energy costs in West Africa.

Senegal continues to grow its Oil and Gas industry since its first discoveries between 2014 and 2017 with so far, Gas and Oil reserves worth more than 1 billion barrels of oil and more than 40,000 billion cubic feet of gas having been unlocked in Senegal. The West African country is on the road to guaranteeing its citizens of energy security.

Natural Gas Projects

One of the single largest gas projects currently underway in Senegal is the Greater Tortue Ahmeyim (GTA) LNG gas project, located in offshore …

• According to the Namibia representative at the GBF Africa 2021 Namibia is looking to build a dynamic economic structure focused on specific industries and 97 products.
• The secretary general of COMESA H.E Chileshe Kapwepwe, says the Zambian government is working effortlessly to increase focus on creating strong business enabling environments that will attract foreign investments their top most agenda.
• All three speakers confirmed the need to build solid infrastructure across the African
  continent, stressing that it was the backbone of today’s economies.

Africa’s potential as a growth market for business remains both underestimated and misunderstood as does the potential for business to play a transformative role in solving the continent’s biggest challenges a reason enough why business leaders who attended GBF Africa 2021 drawn from different nations came together to spend a considerable time sharing knowledge on rapid changes in the business world and their implications for the future of …

• Africa’s growth prospects are among the highest in the world according to IMF
• H.E. Sultan Bin Sulayem, Group Chairman and CEO of DP World Group says African countries should work to provide opportunities for business success by enacting legislation, laws and policies to attract major investments.
• He says Dubai is committed to expanding its presence in Africa because of all the ingredients it possesses that stimulate the building of sustainable companies

H.E. Sultan Bin Sulayem, the Group Chairman and CEO of DP World Group speech at the Expo 2020 resonates with the Chinese proverbial saying the best time to plant a tree was 20 years ago and the second-best time is now- contextually put this when he offered insights on what Africa potentially can provide as far as investment and areas of partnership are concerned.

Speaking during a session titled Partnerships for Prosperity, at the Global Business Forum Africa …

• Egypt’s automotive industry is one of the sectors benefiting from the wider economic uplift.
• New vehicle sales in Egypt have recently surged to more than 200,000 units per year, with around half of this figure assembled locally, the whitepaper found.
• The country is home to one of Africa’s largest vehicle fleets with around six million vehicles on the country’s roads, the majority of which are passenger cars (approximately 4.6 million).

A boom in Egypt’s automotive parts industry is being fueled by a burgeoning population, vehicle sales growth and government moves to combat auto emissions, according to a new report highlighting the sector.

The combination of these factors, against a backdrop of post-pandemic economic growth, has accelerated the Egyptian market for car spare parts, accessories, and vehicle components, which is now worth between $1-2 bn, German consultants Africon GmbH say.

This is despite Egypt’s crisis with international companies with whom they …

The Spanish on demand delivery platform Glovo is on course to conquer Africa’s online delivery business space as it continues to become a major thing.

This is after the company announced its plans of expanding Glovo services and operations to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.

Earlier this year, the Spanish on demand delivery platform launched its service operations in Accra in Ghana, and in the following month it saw extending the service to the city of Tema, and it expects to launch in Tunis in Tunisia next month [October].

Also Read: Glovo expands in Kenya

we take it completely for granted that you can push a button on your smartphone and something happens nearly instantly in the real world.

This trend is fast expanding to all sorts of use cases due to our ever growing need for instant …

The Moroccan government is now shifting focus to developing its south which in other words was neglected development wise.

The south of Morocco, has largely benefitted the country from its number of natural resources which includes Pelagic fish, solar power, and mineral reserves hence the government’s efforts to transform this region will not only improve the living standards of its citizens but also open new business opportunities.

With some of the richest fishing waters in the world, desert and coastal scenery, and opportunities for agricultural development and mining exploration, Morocco’s southern provinces have solid resources on which to base growth.

Phosphate reserve which is found in the southern region produced nearly 2 million tons to the Moroccan economy in 2018 according to Forbes.

The government is on target to transform the region from being resource-based to a wider development framework. The new ambitious development model for Morocco consists of a …

An extended road trip, an excursion to the other side of town or going somewhere that is different from your daily life is ultimately one of the things many of us would like to experience. But the ideal Dream holiday vacation is different for each of us.

So what is your idea of recreation? Do you budget for what allows you to recharge? what exactly nourishes you? For some, it’s soaking up the sun by the water. For others, it’s a creative pursuit, exploring a new location, trying new cuisine or engaging in an adventure sport.

But in as much as many of us are knowledgeable about our potential destinations and activities- planning and saving towards this course in one way or the other is arguably a bit difficult, that’s why SaveApp group in partnership with Hotel Online has come to bridge this gap, to ease your planning headache , …

The two days much anticipated Global Business Forum Africa that will take place at Dubai Exhibition Centre, Expo 2020 Dubai in October continues to bring African leaders together to partake in the most Impactful session promoted by the UAE’s Dubai, a forward thinking capital and strategic partner thats capable of driving Africa’s transformation.

Heads of state, plus more than 30 ministers, high-ranking government officials and prominent influential business leaders from Africa have already confirmed their attendance in the sixth edition of the Global Business Forum Africa (GBF Africa), which will take place on October 13-14, 2021, at Dubai Exhibition Centre, Expo 2020 Dubai.

This event has been organised by the Dubai Chamber in partnership with Expo 2020 Dubai under the theme “Transformation Through Trade”.

The high-level event is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE …

Namibia is showing promising signs of attracting real private investment. with the recent wave of investor interests in the country including a promising mix of private equity, venture capital, and other asset classes, which could be directed towards infrastructure, commercial real estate, and technical development.

This is according to Namibia’s Ambassador to China Elia Kaiyamo who was speaking in Beijing, China at the International Economics and Technology Administration Forum.

“Of late, private investors have shown increased interest in various economic sectors other than the traditional extractive investments in projects such as Green Hydrogen development,” said Kaiyamo.

Addressing leaders and other invited high profile officials, Namibia’s ambassador to China noted that in terms of bilateral trade in 2019, the total volume of trade between China and Namibia was about US$709 million, with a year-on-year decrease as compared to 2018 when the volumes recorded 14.28% from US$800 million.

“Obviously, the pandemic has …