Facebook announced on Monday that it has shut down accounts of top Uganda officials who have been accused of seeking to manipulate public debate ahead of the presidential and legislative …
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EGX ends Monday in green, market cap. gains LE2.17B
The Egyptian Exchange (EGX) ended Monday in green, adding LE 2.17billion to market capitalization, amid Arab buying. The benchmark EGX30 rose 0.58 per cent, or 65.24 points, to end at …
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Taxpayers To Find Relief After KRA Eases Penalties On Undisclosed Taxes
Taxpayers will now get full or partial relief of penalties and interest on undisclosed taxes for the last five years. According to the Kenya Revenue Authority, this will be effected …
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Pfizer, Moderna vaccines could vanquish Covid today, cancer tomorrow
The best news about the mRNA shots from BioNTech and Moderna is that the same technique could also defeat many other diseases. The night is darkest just before dawn, they …
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Africa airlines see fall in air cargo demand in November
The International Air Transport Association (IATA) has released its data for global air freight markets in November showing that freight volumes improved compared to October, but remain depressed compared to …
The South African Breweries (SAB) is heading to court to challenge the constitutionality of the third alcohol ban, which came into effect when South Africa moved to an adjusted Level …
Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, …
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A guide to understanding investment styles and strategies
Different styles of money management excel at different times. If there’s one thing investors have been reminded of in 2020, it is that investing is certainly not a linear journey. …
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Bitsika Africa, A Ghanaian Startup Processed $40 Million in Crypto Remittances in 2020
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the …
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High-risk banks start paying higher premiums from July
Banks with higher risks exposures will start paying increased premiums to the Kenya Deposit Insurance Corporation (KDIC) starting July 1 following the expiry of the one-year suspension due to the …