Africa

Uganda Revenue Authority (URA) collected sh1.8 trillion in tax in January, according to the Ministry of Finance.…

Fund manager Amana capital is seeking to raise $2 million (Sh227.8 million) in the form of debt and/or equity. The…

The Treasury has opposed West Kenya’s bid for lease of Mumias Sugar Company  on concerns that its billionaire owner…

The Uganda Investment Authority, the investment arm of the country, has embarked on building the capacity of…

About 109,661 former university students have defaulted on payments to the Higher Education Loans Board (Helb) in…

Indian investors are increasingly seeking investment opportunities in Tanzania in their quest to grab the…

Retail prices of fuel in Tanzania have risen despite the government intervention by scrapping off Sh100 of levies.…

Micro Finance institutions have been asked to acquire the 2022 operational licenses to enable them to work…

The Uganda Investment Authority (UIA), the investment arm of the country, has embarked on building the capacity of…

Vision Group has said the profitability of the company is gradually recovering from the impacts of the pandemic as…

Canadian oil explorer Africa Oil, which holds a 25 percent stake in Turkana exploration venture, has run out of…

Growth in usage of cheques has slowed down in the last decade, losing out to digital payments channels which are…

The Agri-Business Capital Fund today announces that it has received its first investment from a corporate global…

While the war between Russia and Ukraine is projected to raise fuel prices, the government of Tanzania has scrapped…

AgDevCo the specialist investor in early-stage African agribusinesses, today announced a $90m package of new…

The latest performance of the economy report released on Monday by the finance ministry indicates that Uganda has…

Yields on Kenya’s Eurobonds rose sharply last week as Russia’s invasion of Ukraine caused investors to flee to…

The National Treasury spent an additional Sh13.42 billion or 6.58 percent more on domestic interest repayments…

The Kenyan shilling is under fresh pressure against the dollar after it hit a new record low on Monday, setting up…

The Consul General of the Ghana High Commission, Samata Bukari,  has said the increased synergy fostered by the…

Continued demand during Friday’s trading session led to further weakening of the Uganda shilling, with the unit…

Twenty-year-old Kagiso Asset Management is now Camissa Asset Management. The company changed its name following…

Over the past two years, the financial services sector has weathered a variety of changes directly stemming from…

Negotiations are almost complete to enable the Board of Directors of the Komenda Sugar Factory to acquire 20,000…

The Director-General of the National Office for Technology Acquisition and Promotion, DanAzumi Ibrahim, has said…

Ghana has restored its image as an example to West African peers in the fight against the illicit flow of funds to…

The report states that revenue collection has increased from shs13.4 trillion in 2016/2017 to shs21.1…

The National Treasury is seeking to raise Sh50 billion from three bond sales in March, comprising reopening of…

The market capitalisation closed at Sh2.453 trillion compared to Sh2.546 trillion on Wednesday, with…

Kenya Airways will pilot electric vehicles that take off and land vertically to beat traffic from 2025 as part of…