Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has voiced strong criticism over Transnet’s recent wage increase deal, warning that it sends the wrong message to South African businesses already …
NATIONAL TREASURY
-
EconomyLabourPoliciesSouth Africa
-
AFRICA NEWSEconomyPolicies
South Africa finance minister says dropping VAT hike would have severe consequences
South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …
-
AfricaEastern AfricaEconomyKenyaKenya NewsPolitics
Kenyan Governors Issue 14-Day Ultimatum to Treasury Over Sh116 Billion Funding Dispute
The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
-
EconomyFinance & ServicesKenya News
Incoming Treasury CS To Focus On Sustainable Reforms In Reviving Economy
Incoming Treasury CS Njuguna Ndung’u has committed to instill sustainable reforms in his new office in a bid to stabilize the economy which has been battered by multiple shocks. Speaking …
-
AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern Africa
South Africa bans Bain & Co. from public sector contracts for a decade
National Treasury has banned global consultancy firm Bain & Co. from tendering for public sector contracts for a period of 10 years, citing fraud. “The effective date of restriction is …
-
Eastern AfricaEconomyFinance & Services
Kenyans Given Up To August 5 To Comment On Draft National Tax Policy
Kenyans have been given up to August 5 to submit their comments on the draft National Tax Policy which sets out broad parameters on tax policy and related tax matters …
-
Investors have taken up over 80 percent of the land on offer for the first phase of the Konza Technopolis, reigniting interest in the technology city that had a false …
-
The dollar crisis being experienced in the country could be attributed to Kenya’s high dependence on imports whose costs have risen drastically, Kenya Bankers Association Chairman John Gachora has said. …
-
AgricultureBusinessEconomyFood ProductionINVESTMENT
Traders Begin to Import Maize to Address Shortages
Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …
-
The Council of Governors (CoG) on Monday warned of an imminent shutdown in Marsabit after the devolved unit run out of cash. The Governors’ Council demanded an urgent disbursement of …