Latest Finance News
IMF and World Bank show their hand in East Africa’s budgets
Kenya’s Treasury Cabinet Secretary, Prof Njuguna Ndung’u, in his last budget speech,…
Nine African countries join Afreximbank’s PAPSS platform in push for ‘de-dollarization’
A pan-African payment system that would allow African nations to trade among…
Kenyan MPs vote to double taxes on fuel
Kenyan MPs have voted in favour of doubling of the value-added tax…
Egypt cabinet approves draft law lifting tax exemptions for state bodies
Egypt's cabinet has approved a draft law to eliminate tax exemptions for…
Nigeria should target exchange rate of 500 to 600 naira, policy document says
Nigeria should target an exchange rate of between 500 and 600 naira…
Rwanda to spend over Rwf5 trillion in next fiscal year
Rwanda will spend slightly over Rwf5 trillion in the fiscal year 2023/24,…
Rwanda cut Import tax on cooking oil by 10% in new budget
Rwanda has cut import tax on cooking oil by 10% in a…
I&M Bank Plc Rwanda appoints new CEO
The Board of Directors of I&M Bank Rwanda Plc, on Wednesday, June…
Equity snaps up Rwanda bank in $47m deal
The Equity Group Holdings L is set to acquire a controlling stake…
Tanzania sees spending rising 7% in 2023/24 budget – finance minister
Tanzania plans a 7% increase in overall government spending in the next…