The British government has scrapped a proposed top rate tax cut of 45%, the country’s finance minister announced Monday. The decision to announce a major U-turn from the tax cut …
Category:
Economy
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsNigeriaWestern Africa
Nigeria secures a $750m loan from World Bank
The World Bank has approved a $750 million International Development Association (IDA) credit to the Nigeria State Action on Business Enabling Reforms (SABER) Program-for-Results to help Nigeria accelerate the implementation …
Nairobi Business Ventures (NBV) is set to become the first company at the Nairobi bourse to graduate from the Growth and Enterprise market Segment (GEMS) to the main investment segment …
- Banking, Finance & InvestmentBusinessEconomyKenya NewsUncategorized
Ecobank Kenya introduces Ellevate Program To Empower Women Entrepreneurs
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Dubbed ‘Ellevate’, the program is designed for businesses owned by women, businesses managed by women, …
- BusinessEconomyInsuranceKenya News
KenTrade Targets Insurance Companies’ Systems Integration to upgrade maritime Trade
Kenya Trade Network Agency(KenTrade) has embarked on a sensitization programme targeting insurance companies aiming at onboarding them in the Trade Facilitation Program(TFP) in a bid to enhance efficiency in maritime …
- EconomyMarketsMoroccoOil & GasUncategorized
Fuel Prices increases in Morocco and rising pressure on Government
While Moroccan politicians often invoke inflation and adverse geopolitics to justify rising fuel prices, Morocco’s market watchdog is currently arguing that extortionate practices, and a lack of political will to …
While Morocco imposed tariffs on Turkish imports in response to a “commercial invasion,” Turkish textile and raw materials exports increased by 30.4% between January and August 2022 to reach 44,000 …
- BusinessEconomyFinance & ServicesKenya News
Ruto pledges to introduce a wealth tax on tycoons to raise cash for national budget
President William Ruto has revived a proposal to impose higher taxes on Kenya’s super-rich and high-income earners, endorsing the introduction of a wealth tax that failed to sail through Parliament …
- AfricaAFRICA NEWSBusinessEconomyNewsSouth AfricaSouthern Africa
Eskom employees receive an additional 1.5% wage increase
Employees of troubled South African power company Eskom have been awarded a further 1.5% wage increase, backdated to July 2021. The Commission for Conciliation, Mediation and Arbitration (CCMA) ruled on Thursday (29 …
- BusinessEconomyINVESTMENTKenya News
Sustainable Investment In Kenya is projected to hit Sh2.3trn by 2030
The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change …