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Zanzibar legislators project 7.5% economic growth. President Mwinyi advocates private sector participation. Zanzibar recent talks with Brazil, US expected to bare fruits. Zanzibar has…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections,…
UAE has cemented its spot as the main refining, and…
In Tanzania, the Fair Competition Commission (FCC) is responsible for promoting and protecting effective competition in trade and commerce as well as protecting consumers from unfair and misleading market conduct.
Without such an entity, companies use false advertising to capture markets, mergers of large firms occur undermining smaller businesses unfairly and the end-user, the consumer, is put at threat.
It is for this reason that Tanzania has recently passed the Fair Competition Order which sets out the thresholds for mergers that should be reported to the Fair Competition Commission (the FCC). In this most recent Order, Tanzania moved the merger notification threshold from USD 360,000 to USD 1.6 million.
Protectionism and non-tariff barriers persist between the two countries countries have varying processes which seriously…
Smart Africa represents over 815 million people and more than 40 Private Sector members committed…
The hydropower project is worth an estimated US$1.3 billion that will see Ethiopia import 400…
On October 14, 2018, the Kenya Space Agency (KSA) presided over the launch of a 1U nanosatellite, Kenya’s first space mission. The event took place at Konza Technopolis, a large technology hub planned on the outskirts of Kenya’s capital, Nairobi.
At the launch, some five Kenyan top universities competed for top position each presenting its own satellite model with the primary payload being a low-resolution camera.
The competition was meant to see which university’s satellite camera would be able to perform remote sensing applications. The project primarily focused on using satellites to provide imagery for crop monitoring to assist in smart agriculture.
Cashlet has been developed by Sycamore Capital Ltd, and it works in partnership with regulated fund managers in Kenya, to allow users to invest in unit trust products in simple, fully digital, and modern way.
The initial partner fund managers include ICEA Lion Asset Management, Old Mutual, and Genghis Capital.
The app seeks to pioneer saving and investing flexibility, life goals creation and tracking, market interest rates, financial visibility, and expert support.
