KRA Records Landmark achievement in Customs Tax Collection
Kenya Revenue Authority (KRA) has recorded another landmark achievement in customs tax collection, recording a historic monthly performance of Ksh 85.146 billion in September 2025. This represents the highest amount ever collected…
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Axmed Launches Health-Tech Platform to Improve Medicine Access
Axmed, a health-tech social impact company, has introduced the Axmed Medicines Platform, a digital solution designed to improve access to essential medicines. The platform was unveiled at the Axmed Access…
OLEA Expands African Presence with Acquisition of Marsh Uganda and Botswana
OLEA, the Pan African insurance broker, has announced its agreement to acquire Marsh Uganda and Marsh Botswana, pending local regulatory approval. The move follows a successful five-year collaboration between the…
Mastercard Opens First Office in Uganda to Boost Financial Inclusion
Mastercard has launched its first office in Uganda, a move that signals its commitment to enhancing financial inclusion and accelerating digital transformation in East Africa. Positioned in Kampala, the office…
AstraZeneca Champions Early Detection, Patient Care on World Cancer Day 2025
In recognition of World Cancer Day 2025, AstraZeneca reaffirms its commitment to advancing early detection, innovative treatments, and holistic patient care under this year’s theme, “United by Unique.” The theme…
Airtel Africa Reports Strong Growth, Launches Second Share Buyback Program
Airtel Africa has announced a robust performance in its latest trading update, showcasing significant growth in its customer base and financial metrics, despite ongoing challenges posed by currency devaluation. The…
South Africa to Host Finance in Common Summit in February 2025
South Africa officially prepares to host the Finance in Common Summit (FiCS) from February 26 to 28, 2025. The event coincides with South Africa’s presidency of the Group of 20…
A booming continent needs a new payment infrastructure
Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is…
MTN’s MoMo Rwanda, Mastercard Partner to Launch Secure Virtual Payment Solution
Mobile Money Rwanda Limited (MoMo Rwanda) and Mastercard have collaborated to introduce the "Virtual Card by MoMO." This new virtual payment solution empowers MoMo customers to make secure and convenient…
NCBA Group Profits Up 3% to KES 15.1 Billion in Q3 2024
NCBA Group PLC has posted a profit after tax of KES 15.1 billion in its Q3 2024 financial results, a 3.0% increase compared to KES 14.6 billion reported during the…
I&M Group Records 24% Growth in Profit Before Tax for Third Quarter
I&M Group PLC has announced a spike in its financial performance, reporting a 24% increase in Profit Before Tax for the third quarter of 2024, reaching KES 14.1 billion—up from…
Shelter Afrique Partners With BRVM To Boost Affordable Housing Financing in Africa
Shelter Afrique Development Bank (ShafDB) partnered with the Bourse RĂ©gionale des Valeurs Mobilières (BRVM) and Monetary Union (WAEMU) on Tuesday to mobilize capital for affordable housing projects across the continent.…
StanChart launches ESG-linked Cash Account
Standard Chartered has announced the launch of a new ESG-linked Cash Account for corporate banking clients1Â that rewards them for meeting material environmental, social and governance (ESG) related targets. The solution…
I&M Bank (Rwanda) Partners With Network International To Accelerate Digital Payment
I&M Bank (Rwanda) Plc has partnered with Network International to provide advanced digital payment solutions in support of the bank’s efforts to boost the country’s financial inclusion strategy. The agreement…
Kenya secures Ksh 350 billion from Japan to fund crucial projects
Financial agreements worth KSh350 billion have been signed during President William Ruto’s visit to Japan. These agreements will support projects and programmes in sectors that are aimed at turning around…
Catching Every Beat of World News as it Happens
Modern technology has become a total phenomenon for civilization, the defining force of a new social order in which efficiency is no longer an option but a necessity imposed on…
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