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 ...

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 ...

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 ...

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.

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 ...

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.

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 ...

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 ...

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 ...

Forty-seven inmates have escaped from a maximum security prison in Liberia's Margibi County, a rural area east of the West African country's capital Monrovia, the justice ministry said on Monday.