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KRA reports record KES2.84 trillion (up 10.6%) in tax collections, but PAYE grew just 6.7%…
East Africa’s Kenya and Tanzania are among the strongest value creators in Africa over three…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections, but PAYE grew just 6.7%…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections, but PAYE grew just 6.7% as formal sector employment shrank to 15.3% of total jobs, the narrowest tax base in years. Manufacturing contributed KES 462 billion (16.2% of revenue) while excise tax on betting services…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections, but PAYE…
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Kenya-DRC and Tanzania-DRC Corridors have been identified as the key links that…
Industry & Trade
When governments across East Africa talk about economic diversification, tourism invariably features…
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KRA reports record KES2.84 trillion (up 10.6%) in tax collections, but PAYE grew just 6.7% as formal sector employment shrank to 15.3% of total…
UAE has cemented its spot as the main refining, and export terminal…
Tanzania has just passed mining tax exemption law binding the country to…
Kenya has awarded $1.2bn JKIA modernization contract to China’s CRBC, with the…
Regional Markets
Family Bank marks largest private-sector listing on the Nairobi Securities Exchange (NSE) in more than 17 years. On Tuesday, the…
Tech & Innovation
In what could easily be mistaken as a scene from the TV series Knight Rider, an autonomous bot delivery vehicle took to the streets of London.…
Editor's Picks
The CRDB alone offers at least 40 per cent of all loans issued to the sector and also unveils a vast opportunity package for local farmers via financing climate-resilient and adaptation projects in Tanzania, making available $200 million in agri-loans for the taking.
According to The Citizen, the adaptation projects target six million beneficiaries in Tanzania’s agriculture industry.
Top bankers are now taking agriculture as a viable product to invest in and develop. Tanzania’s best-performing retail bank, NMB, has set up a specialised agri-business department to serve and effectively attend to all farming financial aspirations.
Tanzania’s agriculture ministry has ramped up funding in research and development from $3.15 million to $4.86 million in the financial year 2022/2023. Further, irrigation is taking a new shift in Tanzania. According to the ministry, the area irrigated has increased from 695,045 hectares in 2020/2021 to 727,280 hectares in 2021/2022.
Industry & trade
Dangote Group’s major refinery in East Africa needed deep-water berths for supertankers…
Money Deals
Paris-based Kulipa’s seed round co-led by Flourish Ventures and 1kx will expand…
Investing
East Africa’s Kenya and Tanzania are among the strongest value creators in…