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magazine

Economy

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Amount paid by Somalia to the EAC budget: $7.8m
06 Jul
FCM0 Comments

Amount paid by Somalia to the EAC budget: $7.8m

For the fiscal year 2024–2025, Somalia has paid the whole amount owed
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Consumer prices have decreased, while Kenya’s core inflation has remained steady
06 Jul
FCM0 Comments

Consumer prices have decreased, while Kenya’s core inflation has remained steady

Core inflation, or inflation that isn’t related to food or fuel, was
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Peru receives a 300-million-euro credit for digital transformation from the German bank KfW
06 Jul
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Peru receives a 300-million-euro credit for digital transformation from the German bank KfW

The Peruvian government announced on Saturday that it would get a credit
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The additional 9.1 percent stake in Airtel Uganda will be sold by its parent company
05 Jul
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The additional 9.1 percent stake in Airtel Uganda will be sold by its parent company

Airtel Africa, the majority shareholder of Airtel Uganda, is preparing to sell
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Letshego of Botswana defaults on loans to Kenya and Uganda
05 Jul
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Letshego of Botswana defaults on loans to Kenya and Uganda

Just 15 months after warning of an imminent exit from the region
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Modi will address the trade deficit and hold meetings with Putin with Indian soldiers
05 Jul
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Modi will address the trade deficit and hold meetings with Putin with Indian soldiers

One of Prime Minister Narendra Modi’s major concerns during negotiations in Moscow
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Mpox outbreak endangers DR Congo’s and its neighbors’ regular business
04 Jul
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Mpox outbreak endangers DR Congo’s and its neighbors’ regular business

In an effort to stop the Mpox virus from spreading further from
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Ugandan oil imports land, ending the fuel transit activity of Kenyan companies
04 Jul
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Ugandan oil imports land, ending the fuel transit activity of Kenyan companies

On Wednesday, the first oil shipment headed for Uganda arrived at the
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Tanzania accelerates its progress with the implementation of new electric railroads and an express service
03 Jul
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Tanzania accelerates its progress with the implementation of new electric railroads and an express service

Two new electric multiple-unit (EMU) trains from South Korea have arrived in
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In the midst of tax complaints from diplomats and merchants, Tanzania’s Samia replaces the TRA chief
03 Jul
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In the midst of tax complaints from diplomats and merchants, Tanzania’s Samia replaces the TRA chief

The abrupt dismissal of Tanzania Revenue Authority (TRA) Commissioner General Alphayo Kidata
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