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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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Countries
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
In the US, cheap and accessible shale gas is rapidly displacing coal. And in China, concerns about poor air quality and related health issues have caused demand for coal to fall three years in a row, from 2014 to 2016. So is coal demand about to decline globally? Is coal headed for the ash heap of history? Such a development is unlikely.”
The relegation of coal to the dustbin of energy sources, the Boston Consulting Group (BCG) does not believe is likely. They are not the only ones who hold this view.
McKinsey & Company, another highly regarded consulting company, does not believe coal will not have a role in the energy mix of the world going forward. They are not as blunt in expressing their views as their counterparts at the BCG however. McKinsey & Company featured an article on their website proclaiming that the adoption and development of renewable energy will be an evolution that is gradual as opposed to a sudden revolution.
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…