Tuesday, October 20, 2026
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CATEGORY

Business

World bank disburses $500 million loan to Tunisia

The World Bank has now disbursed a $500 million loan to support Tunisia’s budget, Reuters reports.According to Reuters news of the disbursement was confirmed...

Kenya’s president signs bill with new taxes into law

Kenyan President Uhuru Kenyatta signed a new finance bill into law on Friday, cutting in half a new fuel tax that had led to...

Nigeria suspends launch of national airline

Nigeria’s government says it has suspended pans to launch a new national airline – Nigeria Air. The new airline was due to start operations...

Kenya to increase taxes on mobile money transfer

Kenya plans on increasing taxes on mobile money transfer services as the country makes efforts to increase its revenue base.The new proposed tax hikes...

South African cities are the wealthiest in Africa

South African cities dominate the latest list of Africa's most wealthiest cities. The list was put together in a report by New World Wealth...

Nigerian Finance Minister resigns over forgery claims

Nigerian President Muhammadu Buhari on Friday accepted the resignation of Finance Minister Kemi Adeosun, who said she stepped down over allegations of using a...

Kenyan President, Kenyatta to reduce tax on fuel

Kenyan President Uhuru Kenyatta on Friday said a new and unpopular tax on petroleum products was necessary, but that he wanted to cut it...

EU to create 10 million jobs in free trade deal with Africa

The European Union says it has offered Africa a free trade deal which will bring new investments to the continent.European Union Commission President Jean-Claude...

Ethiopia and Eritrea re-open border after two decades

Ethiopia and Eritrea are re-opening a key border between the two nations after closing it for two decades.The reopening is following the restoration of...

Alibaba’s co-founder Jack Ma ‘to step down’

One of China's richest men, Jack Ma, is to step down as executive chairman of the Alibaba e-commerce empire on Monday, the New York...

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