Port of Mauritius to Charge Levies to Decongest
(3 Minutes Read)
This new surcharge is a hard blow that importers and, by extension, consumers must bear. The surcharge applies to both dry and...
Ethiopia’s Kurmuk Gold Mine PLC to Start Commercial Production
(2 Minutes Read)
The plant is set to produce nearly nine tons of gold annually in its initial phase, supported by a USD 500 million...
Investments Surge in Ethiopia in First Quarter of FY 2025
(3 Minutes Read)
The commission has initiated field monitoring to ensure new investors commence operations promptly, with any challenges identified during the process addressed immediately.
The...
Ethiopian Airlines Restarts Liberia Operations After Hiatus
(3 Minutes Read)
Ethiopian Airlines, the largest airline in Africa and a leader in the continent's aviation sector, has resumed passenger flights to Monrovia, the...
Experts Urge Tanzanian Government to adopt UN Tax Convention to boost revenue collection
(3 minutes Read)
Large corporations often shift untaxed profits through illicit financial flows, making it difficult for Tanzania to collect taxes due to legal limitations
Tax...
Ease of Doing Business in East Africa Deteriorated: Industry Survey
(3 Minutes Read)
The East African Business Council (EABC) noted that the ease of doing business in the region was rated moderate, with an average...
Mauritius to Review Earlier Dispensations Decision to Handover Diego Gracia to Britain
(3 Minutes Read)
The deal was agreed in October before Ramgoolam shot to power with his Change Coalition in elections in November. During campaigning,...
South Sudan to Hold Elections in 2026
(3 Minutes Read)
Elections were initially scheduled for December of this year, but they were postponed in September - in line with the two-year extension...
NCBA Group of Kenya Posts Marginally Increased Profit
(3 Minutes Read)
The Kenyan banking group reported a 0.6% increase in operating income to KES 46.9 billion while operating expenses rose 1.6% to KES...
IMF Reviews Second Time Ethiopia’s ECF Eligibility: Says Economy on Track
(3 Minutes Read)
IMF staff, led by Álvaro Piris, conducted extensive discussions with Ethiopian officials, including Finance Minister Ahmed Shide and National Bank Governor Mamo...