Business
Business news, announcements, funding, reports, in-depth graphs and much more to help you understand the world better
- News
Kenyan Tax Tribunal Rules Withholding Tax Inapplicable on Foreign Agency Fees, Providing Relief for Businesses
The Kenyan Tax Tribunal ruled withholding tax inapplicable on foreign agency fees, providing significant relief for businesses using non-resident agents.
- Opinion
Op-Ed: Starlink, Disruption, and the Future of Internet Regulation in Kenya
Starlink's entry in Kenya sparks debate on regulation, digital disruption, and the future of equitable internet access for all.
- Startups
FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA
FlapKap secures $34M pre-Series A funding to expand SME financing across MENA, leveraging data-driven technology and innovative solutions.
- Opinion
African Companies Should Embrace Strategic M&A as the Key Exit Path, Says Investment Bank CEO
African companies should prioritize M&A for profitable exits, leveraging strategic preparation and targeting buyers, says DAI Magister CEO.
- Announcements
New Stanbic Money Market Fund Promises 15.12% Annual Yield
Stanbic Money Market and Fixed Income Funds launched in Kenya, offering accessible, low-risk investments with 15.12% and 5.56% yields respectively
- Startups
Africa Early Stage Investor Summit (#AESIS2024): Exploring Investment Pathways in Africa’s Startup Ecosystem
Attend the Africa Early Stage Investor Summit (#AESIS2024) in Cape Town on November 28-29, 2024, to explore investment pathways in…
- Announcements
NSE to Launch Fractional Stock Trading by End of 2024
The NSE will introduce fractional stock investing by December 2024, increasing accessibility and market participation for retail investors.
- News
Mastercard Partners with Fintech Startup Scale to Accelerate Digital Payment Solutions Across Africa and the Middle East
Mastercard partners with fintech startup Scale to accelerate digital payment solutions across Africa and the Middle East, enhancing financial inclusion.
- News
Kenya’s Growing Dominance in the Global Business Services Market: A Comprehensive Look at the Future of Digital Work
Kenya's Global Business Services market thrives, driven by skilled human capital, AI advancements, and strategic partnerships with Sama.
- Startups
Wasoko and MaxAB Complete Landmark Merger, Form Africa’s Largest B2B Platform
Wasoko and MaxAB merged to create Africa's largest B2B platform, expanding from e-commerce to fintech, serving 450,000 retailers.
- Opinion
Why Adopting ESG Principles Are Essential To Business Growth
Adopting ESG principles drives business growth by attracting investment, fostering community loyalty, and promoting sustainability through strategic partnerships.
- Announcements
iColo Expands Solar Capacity in Kenya, Enhancing Sustainability at Nairobi and Mombasa Data Centers
iColo expands solar capacity in Kenya, adding 650 kW at Nairobi and Mombasa data centers to boost sustainability and growth.
- Startups
Workpay Secures $5M Series A Funding to Revolutionize HR Tech Across Africa
Workpay raises $5M Series A funding to expand its cloud-based HR and payroll solutions across Africa, enhancing financial services and…
- Startups
Twiga Foods Faces Second Round of Layoffs Amid Strategic Restructuring
Twiga Foods lays off 59 employees, restructures under new CEO, aiming for profitability amid financial and operational challenges.
- Announcements
Ben Roberts Bids Farewell to Liquid Intelligent Technologies After 22 Years
Ben Roberts departs Liquid Intelligent Technologies after 22 years, leaving a legacy of innovation, leadership, and transformative impact on Africa's…
