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​   ​  Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The investigation centers on alleged underreporting […]

​   ​  The African Growth and Opportunity Act (AGOA), granting duty-free access to the U.S. market for eligible African countries, is set to expire on […]

​   ​  Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. […]

​   ​  Kenya’s tea industry faces potential setbacks following a diplomatic dispute with Sudan. The Sudanese government recalled its ambassador after Kenya hosted a political […]

​   ​  Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal led […]

​   ​  Kenya is set to receive a $1.5 billion loan from the United Arab Emirates (UAE) by the end of next week, according to […]

​   ​  Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue […]

​   ​  The African Development Bank (AfDB) has officially unveiled five candidates for its upcoming presidential election, scheduled for May 29, 2025. The contenders are: […]

​   ​  The recent G20 foreign ministers’ meeting revealed significant economic divisions, as global economic challenges, including inflation, trade tensions, and the ongoing Ukraine conflict, […]