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 …
Some sectors of the Nigerian economy, like the marine and blue economy, entertainment and arts, and hospitality, are expected to benefit from the ongoing recapitalisation of banks. This was made …
PremiumTrust Bank, a leading commercial bank in Nigeria, has opened a new branch in Osogbo, the capital of Osun State. The bank made this announcement in a statement on Thursday. …
MTN Uganda has announced a major restructuring plan that will separate its mobile money business, MTN MoMo, from the main telecom operations. The new move is aimed at turning the …
he Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the country’s growing financial needs. The move …
Parliament has voted to establish the Ethiopian Disaster Risk Response Fund, in a landmark move designed to reduce the country’s growing reliance on foreign aid in the face of recurring …
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …
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 …
A proposed amendment to Ethiopia’s Income Tax Proclamation is facing growing backlash from civil society groups, tax experts, and salaried workers over the absence of clear tax brackets for individuals, …
Foreign debt servicing is set to consume nearly 30% of Ethiopia’s proposed federal budget for the 2025/26 fiscal year, Finance Minister Ahmed Shide told lawmakers on Tuesday, as the country …
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