A delegation of seven Members of the European Parliament (MEPs) from the Committee on Development will…
Category: Business
The Minister of Planning, Economic Development, and International Cooperation Meets the Minister of Sustainable Development, Chief Executive Officer (CEO) of the Economic Development Board of Bahrain
H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, met with Noor…
People are trapped in a climate of insecurity amidst clashes in Uvira
In recent days, the security situation around the city of Uvira, in South Kivu province of Democratic…
Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability
Africa’s young population faces high unemployment and inflation, stifling economic progress. Despite better education, many struggle…
Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy
Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax…
Uncertainty Surrounds AGOA’s Future Amid Trump’s Trade Policies
The African Growth and Opportunity Act (AGOA), granting duty-free access to the U.S. market for eligible…
Anglo American Writes Down De Beers by $2.9 Billion Amid Market Challenges
Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking…
Kenyan Tea Exports Threatened by Diplomatic Rift with Sudan
Kenya’s tea industry faces potential setbacks following a diplomatic dispute with Sudan. The Sudanese government recalled…
South Africa’s VAT Increase Proposal: Balancing Revenue and Economic Impact
Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address…
UAE’s Loan to Plug Kenya’s Budget Deficit
Kenya is set to receive a $1.5 billion loan from the United Arab Emirates (UAE) by…