East Africa business news from Kenya, Ethiopia, Tanzania, Uganda, Rwanda and the wider EAC region.
President Samia Suluhu Hassan has directed all local councils in Tanzania to increase efforts in collecting taxes and levies, stressing the urgent need for the country to grow financially independent …
The governments of Uganda, Tanzania, and Zanzibar have signed a tripartite Memorandum of Understanding (MoU) aimed at strengthening cooperation in the petroleum and energy sectors. The signing ceremony took place …
Tax experts and policy makers have called on East African countries to fully embrace digital systems in the collection of Value Added Tax (VAT) to improve compliance, close revenue gaps, …
The Volta River Authority (VRA) has issued a firm warning to Municipal and District Assemblies, as well as traditional authorities, to strictly halt all forms of farming and construction within …
The Ethiopian government is set to begin selling government bonds through the newly launched Ethiopian Securities Exchange (ESX) starting from July 2025, a move expected to boost domestic financing and …
Commercial banks in Ethiopia are currently grappling with a serious liquidity crisis, raising concerns across the financial sector. According to insiders who spoke to The Reporter, the problem is being …
The United States Ambassador to Ethiopia, Ervin Massinga, has softened his tone over recent criticisms of the Ethiopian government, calling instead for a political solution to the country’s ongoing internal …
Tanzania’s economy is projected to grow by approximately 6% in 2025, up from 5.4% in 2024, according to Finance Minister Mwigulu Nchemba and Central Bank Governor Emmanuel Tutuba. The optimistic …
DAR ES SALAAM, TANZANIA — In a major boost to Tanzania’s industrialization drive, ALAF Limited has launched a new Color Coating Line (CCL) with an annual production capacity of 75,000 …
The government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first …
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