A tax tribunal has cleared the Kenya Revenue Authority (KRA) to collect an additional Sh586.3 million from Germany-based multinational technology company Siemens AG on money it received from its local ...

India’s Adani Group got the green light for its proposal to manage the Jomo Kenyatta International Airport (JKIA) in a record 17 days as Kenya sat on a similar pitch by an Argentinian firm for months.

In Mozambique, Presidential elections are scheduled for October 9. And this, as with every poll in the past four decades, will bring a duel between the ruling Frelimo party and opposition groups. Only ...

Treasury Cabinet Secretary John Mbadi is setting up a team to verify claims that an estimated Sh90.3 billion pension savings for county staff had not been remitted to manager schemes. The Retirement ...

Bond buyers pushed back against the Central Bank of Kenya’s (CBK) efforts to lower domestic interest rates with an undersubscription of the reopened 10- and 20-year bonds that closed on Wednesday.

Six savings and credit co-operatives (Saccos), including the once giant Metropolitan National, are to have their licences revoked by the industry regulator for failing to meet minimum capital ...

Tanzanian President Samia Suluhu Hassan on Tuesday warned against meddling by foreign countries, as Dodoma seeks to get to the bottom of a spate of mysterious abductions and killings. The crimes have ...

Kenya’s President William Ruto and German Chancellor Olaf Scholz announced that the two countries had an agreement that would allow skilled workers from Kenya to live and work in the European country.

Safaricom customers can now buy airtime for as little as Sh1 from their M-Pesa mobile wallets, a significant reduction from the previous minimum of Sh5, as the telco targets to mop up additional ...

The Whistleblower Protection Bill, 2024, proposes Sh3 million fine and a prison term of up to 24 months for CEOs who fail to set up a whistleblower system. Chief executive officers (CEOs) of public ...

According to the UN, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the ...

Banks and microfinance banks have started testing the upgraded system for messaging high-value financial transactions to increase speed of transfers while heightening the screening for fraud. The ...