Kenya’s new “Uber” tax on digital businesses and services could spark US trade retaliation
Kenya will start levying new tax on digital markets under a new lawsigned by the president early in November. The Finance Act seeks to broaden the Income Tax Act net to include income accruing through a digital market place. The law defines the digital marketplace as “a platform that enables direct interactions between buyers and sellers of goods More...
Africa Wired: Artificial intelligence offers benefits for Africa
Source: Africa Renewal BY: HUGO BOURHIS – Africa Renewal When some people think of artificial intelligence (AI), they think of humanoid robots turning against their creators in an apocalyptic science fiction More...
Kenya 1st in Africa to Use Generic of Current AIDS Drug
Kenya is the first country in Africa to introduce a generic version of the current drug of choice for people living with HIV, officials said Wednesday. Kenya’s government and the global health initiative Unitaid More...
Africa Wired : Anti-malaria drug developer wins innovation prize
By Pavithra Rao A ground-breaking anti-malarial drug extracted from a local plant, and a computer software that enables health care workers to determine the appropriate drug treatment for patients with HIV/AIDS, More...
Are East Africa Countries doing enough to invest in Human capital to be able to manage the oil & gas wealth?
Op -ed By Thuo Daniel Njoroge Mr Thuo Njoroge Daniel Introduction The East African community (EAC) countries are about to join the league of oil producing countries. There are many parts of the world where More...
Petroleum contracts and taxation: Is East Africa prepared? – OPED
By: Thuo Njoroge Daniel Introduction Gas and oil exploration and production companies in Africa face enormous challenges, ranging from gang extortion in local communities to government regulation and taxation.1 More...
Kenya records massive growth in international-bandwidth
The improvement in infrastructure has seen the increase of international bandwidth to Kenya more than double to record a 117.9% increase between January and March 2015. According to Q3 sector statistics released More...
Record 85.5% mobile penetration, Sh. 1.3tr in mobile money transfers in 6 months – Kenya
Mobile penetration in Kenya surged to 85.5%, a 2.9% jump from the previous quarter, as competition in the mobile telecommunications industry heats up. New entrant Equitel has so far managed to capture 1.9% (or 665,661 More...
Kenya’s Equity Bank starts mobile pay service to challenge Safaricom
Kenya’s Equity Bank said it would press ahead with offering mobile phone transfer services, stepping up competition to telecoms firm Safaricom’s money transfer product. Equity Bank, the biggest in the More...
Global investment increasing dramatically in Africa’s telecoms industry
Power Plant upgrade in Rwanda Africa’s telecoms industry forms a vital component to the country’s economic growth, affecting all aspects of the business and social sphere. Dramatic expansion in the telecoms More...
