MV Liemba Returns to Lake Tanganyika After US$12.9m Refit
MV Liemba resumes commercial service on Lake Tanganyika on 1 September 2026 after a US$12.9 million overhaul, with final sea...
August 17, 2026Topic
East Africa
Kenya Orders Tax Ruling on US$7.7 Million Dubai Firm Case
Kenya's Court of Appeal has given KRA until 29 September 2026 to decide a US$7.7 million tax objection by Dubai-registered...
August 17, 2026
Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm
Absa Group is selling its 63.32% stakes in two Kenyan insurers to First Assurance Investments, a Mudavadi-linked firm, for at...
August 15, 2026
Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit
Kenya's budget deficit is set to widen to about US$8.9 billion (KSh1.15 trillion) in 2026/27, as weak revenue and heavy...
August 15, 2026 Kenya Diesel Prices Fall as Petrol and Kerosene Hold Steady
Kenya diesel prices fell Sh5 per litre from August 15, 2026 while petrol and kerosene held steady, as EPRA cited...
August 15, 2026
KCB Profit Jumps 21% as Banks Outside Kenya Carry More Weight
KCB half-year profit rose 20.8% to KSh49.3 billion before tax, with regional banks outside Kenya contributing 27.7% of group earnings...
August 14, 2026
Tanzania’s Stanbic Bank Launches Direct Yuan Settlement for China Trade
Stanbic Bank Tanzania launched direct yuan settlement on Aug. 12, 2026, letting businesses trade with China without converting through the...
August 14, 2026
Tanzania Revises Investment Laws to Court Technology Investors
Tanzania investment laws are being revised to court technology, AI and digital payments capital, with faster approvals, clearer rules and...
August 13, 2026
Tanzania Social Media Tax Rules Start 1 July 2026
Tanzania social media tax rules force businesses to display tax identifiers publicly from 1 July 2026, raising privacy and cybersecurity...
August 13, 2026