Kenya has concluded plans to invest in Uganda’s proposed oil refinery project which is expected to gulp $2.5 billion, after host country offered regional nations an invitation to acquire a.
Kia Motors, a South Korea auto-giant, has signed an agreement with Dana Motors Limited to set up a vehicle assembly plant in Nigeria within the next 2 years. The agreement,.
Global investors are showing an increased interest in Kenya, with the expected issuing of Sh172 billion ($2 billion) Eurobond attracting interest from leading global investment firms. Already, a minimum of.
In a bid to boost the country’s revenue generation, Federal Inland Revenue Service (FIRS), has introduced a new tax regime that will ensure appropriate taxation of multinationals and business enterprise.
Kenya Revenue Authority (KRA) has implemented a new tax management system which will curb tax evasion and see revenue grow by 20 percent. Dubbed the Excisable Goods Management System is.
British luxury automaker Rolls Royce Motor Cars will extend its business into Nigeria by partnering with local auto dealer Coscharis Motors and opening an ultra-modern showroom and workshop for its.
In line with women empowerment and entrepreneurship, the Central Bank of Nigeria (CBN) has earmarked 60 percent (N132 billion) of its N220 billion Micro, Small and Medium Enterprises Development Fund.
The cedi has lost almost a quarter of its value over the past year Ghana has defended its decision to limit foreign exchange withdrawals in a bid to halt the.
Microsoft has announced the appointment of Satya Nadella as its new CEO, in a series of internal top level movement that also sees founder Bill Gates step down as Chairman..
Despite the international media’s tendency to speak in sweeping statements about the landmass called Africa, it is as economically diverse as it is geographically and culturally varied. The historical discourse.
