Africa Global Logistics, Yusen Logistics Launch East African Joint Venture
Africa Global Logistics (AGL) and Yusen Logistics have launched Yusen Africa (East Africa) Limited, a new joint venture company headquartered in Nairobi, just weeks after securing regulatory approval.
Safaricom's Market Valuation Briefly Crosses US$ 10bn
Safaricom declared a record interim dividend of KSh 0.85 after bumper profits, sending its shares to a three-year high and briefly above a US$10bn valuation.
Why All Bank Deposits Are Taxable Unless Proven Otherwise
KRA is entitled to treat all money flowing into a company’s bank account as taxable income, unless the taxpayer explains otherwise, the Tax Appeals Tribunal has ruled.
Standard Group’s KSh 1.5 Billion lifeline hits pause after 18 months
Standard Group Plc has suspended its previously proposed KSh 1.5 billion rights issue, putting its flagship recapitalization plan on hold.Asset Manager Lofty Corban Launches Private-Debt Focused Special Fund
The Lofty Corban Private Debt Special Fund will invest primarily in commercial paper and privately originated credit opportunities, offering capital to businesses and organisationsKenya’s Global Business Outsourcing Firms Form Sector Alliance
Major business outsourcing operators in Kenya have launched the The Outsourcing Alliance of Kenya (OAK), a unified private-sector coalition dedicated to accelerating Kenya’s growth as a global hub for business services.US President Trump Signs AGOA Extension, Pushes for More Market Access
The United States has extended the African Growth and Opportunity Act (AGOA) trade preference programme to December 31, 2026State to Buy Local Rice Before Duty-Free Imports Resume
Court has ordered the government to first purchase locally produced rice nationwide before proceeding with the remaining half of a planned 500,000-tonne duty-free importHow Regulatory Overreach Forced Uber Out of Tanzania
At the center of Uber’s departure lies a prolonged standoff with Tanzania’s Land Transport Regulatory Authority (LATRA), whose rules have steadily narrowed the operating space for digital mobility platforms.Kenya's New Trade Framework to Boost Exports, Cut Business Costs
Kenya is seeking to accelerate export growth and lower the cost of doing business through the proposed National Trade Development Bill, 2025,KRA Shifts to User-Owned Cargo Tracking Seals
The Kenya Revenue Authority (KRA) is transitioning to a "Multi-Vendor, User-Owned Seals" model for its Regional Electronic Cargo Tracking System (RECTS) to improve the efficiency of goods moving through Kenya. Under this new arrangement, transporters and traders will purchase and own their own electronic tracking devices from various approved suppliers for both containerized and liquid cargo, such as fuel.The Full List of 176 Back-Office Savings and Credit Saccos Authorised to Operate in 2026
