The shortage of raw materials to run Rivatex has handed producers in the East African Community (EAC) a major windfall, with the Eldoret-based textile manufacturer now relying on the region …
SARS, The South African Revenue Service has finally won its bid to deny Capitec the R71.5 million VAT return it claimed back in 2017. The tax collector and the bank have …
The government is developing a national e-commerce Strategy (ECS) to boost Kenya’s economic opportunities that are supportive of the country’s strategic goals and Vision 2030. Industrialization, Trade, and Enterprise Development …
The Nigeria Senate has passed the bill seeking to establish a National Youth Service Corps Trust Fund. The NYSC Trust Fund (Establishment) Bill was passed on Tuesday after its third …
Kenyan businesses have been urged to explore capital raising options in the capital markets to reduce in reliance on credit to fund their growth and expansion. This was during the …
Virgin Active says its clubs in South Africa are showing good traction on membership recovery following a lift in the restrictions around capacity, in line with lockdown regulations in February …
The World Bank has stated that Nigeria’s external reserves are expected to decline as the Central Bank of Nigeria (CBN) is expected to clear $1.7 billion worth of FX backlog …
The Competition Authority has named the insurance industry as the top abuser of buyer power accounting for 72 percent of all cases investigated by the authority. This is an increase …
Sri Lanka has closed schools and halted all non-essential government services, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund (IMF) opened talks with Colombo on …
Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …