Category : East African Business

By JAMES ANYANZWA The International Monetary Fund (IMF) executive board has approved the release of an additional $407 million budgetary support for Kenya after being

By JAMES ANYANZWA East African Community partner states are in the process of creating micro-pension schemes for employees in the informal sector to address the

By BOB KARASHANI Three of Tanzania’s profitable public companies will be subject to tighter government controls over their spending habits under a proposed fiscal law.

By EMMANUEL ONYANGO Tanzania’s Members of Parliament have unanimously approved the national budget estimates. They voted Tuesday through open ballot as outlined in parliamentary standing

By REUTERS Kinshasa, The Democratic Republic of Congo has said exploration permits from companies controlled by Israeli investor Dan Gertler for two huge oil concessions

By LUKE ANAMI Tanzania attracted more citizens of other partner states to live and work within its borders in the past years, a new scorecard

By JAMES ANYANZWA Kenya’s financial services sector players top the global list of institutions that have become a prime target of tech-savvy fraudsters preying on

By EMMANUEL ONYANGO The World Bank has approved a $292 million fund for infrastructure projects in Zanzibar. This will enable Zanzibar residents to benefit from

By JULIUS BARIGABA French company Total has awarded the $1.9 billion deal for the construction of its Lake Albert oil production Tilenga project in Uganda

By BOB KARASHANI Tanzania passed a Tsh36.36 trillion ($15.61 billion) budget for 2021/22 with just 37 percent of the total budget (Tsh13.33 trillion or $5.75