SABC Proposes TV License Fees for Streaming Services to Boost Revenues
The South African Broadcasting Corporation (SABC) has proposed a change in regulations to boost its revenue collection. The proposed regulations presented by Deputy Communications Minister Pinky Kekana seek to expand [...]
G20 Extends Debt Repayment Suspension for Another 6 Months
Officials from the G20 creditor countries (Group of 20 major economies) have announced plans to extend the debt repayment suspension for the world's poorest countries. The suspension of repayments has [...]Immaculate Kassait Nominated as Kenya's First Data Commissioner
President Kenyatta nominated Immaculate Kassait for the Data Commissioner Position. Justin Bedan Muturi, the Speaker at the Kenya National Assembly, announced her nomination today. ..I wish to report to the [...]Kenya begins 2021/22 Budget-making process
Kenya's National Treasury and Planning Ministry is inviting institutions, private sectors, non-governmental organizations, and the general public to submit their taxation proposals. These suggestions, to be contained in the Finance [...]
Kenya's Huge Public Debt Bill raises Red flags
Kenya has been warned over its bulging debt repayment bill and the fact that it is increasingly using more of its tax revenue to settle debt rather than provide services. [...]Petrol Price Rises by KSh 1.12 After KRA Adjusts Excise Duty Upwards
Motorists will pay Ksh 106.55 for a litre of super petrol, up from Ksh 105.43 for the period between October 3 to 14th, after the Energy Petroleum Regulatory Authority (EPRA) [...]New Formula for Sharing County Revenue to Take Effect in 2021
Parliament has approved, without any amendments, the third County revenue sharing formula, paving way for it to kick in when the 2021/22 financial year begins in July next year. On [...]Legislators Seek New Terms for the KSh 488 Billion Chinese SGR Loan
The Transport Committee in parliament wants the Kenya Government to renegotiate with China on outstanding loans for the Standard Gauge Railway(SGR) and operational costs including the price of wagons. The [...]Ethiopia Spends $ 97 Million on New Banknotes
Ethiopia is spending $ 97 Million (KSh 10.5 Billion) to print new banknotes, a move authorities say will lock out illicit financial flows, hoarding, and other illegal activities. According to [...]12 Shortlisted for Position of Data Protection Commissioner
The Public Service Commission (PSC) has shortlisted 12 candidates for interviews for the position of Data Protection Commissioner. The Commission received 126 applicants following an advert that was placed in [...]Uganda Inches Closer to Building a Crude Oil Pipeline
Uganda and French oil conglomerate Total have inked a deal that will open the way for construction of an oil pipeline to neighbouring Tanzania, Total's local subsidiary has disclosed. While [...]Credit Guarantee Scheme for MSMEs Receives Cabinet Approval
It is a sigh of relief for many cash-strapped micro, small and medium-sized enterprises (MSMEs), presently struggling to remain afloat. This follows cabinet approval of plans to set up a [...]
