Dodoma: In a fiery exchange on X on June 12-13, 2025, Tanzania’s Finance Minister, Dr. Mwigulu Nchemba, and opposition leader Zitto Kabwe clashed over a proposed withholding tax (WHT) on retained earnings. Nchemba defends the tax as an anti-avoidance measure to ensure tax equity, while Kabwe calls it what it is: blatant double taxation that will choke Tanzania’s economic…
1. Executive Summary This report provides an expert analysis of the Central Bank of Kenya’s (CBK) regulatory framework governing Digital Credit Providers (DCPs) and the broader category of Non-Deposit Taking Credit Businesses (NDTCBs). It examines the official directory of licensed entities and delves into the significant legislative and regulatory shifts that have shaped this dynamic sector. The Kenyan digital…
Nairobi, Kenya – The Central Bank of Kenya (CBK) maintains and regularly updates a public directory of all licensed Digital Credit Providers (DCPs) in a move to enhance transparency and consumer protection within the rapidly growing digital lending sector. This directory serves as a crucial resource for consumers, researchers, and publications seeking to verify the legitimacy of digital lenders…
DAR ES SALAAM, Tanzania – June 12, 2025 – Tanzania has launched an ambitious new strategy to industrialize its agricultural backbone, uniting public and private sector forces in a landmark partnership aimed at boosting food security, creating a new generation of entrepreneurs, and positioning the East African nation as a competitive force in continental trade. A five-year agreement signed…
Airbnb in East Africa: Goldmine or Gamble? By John MWANGI As East Africa’s cities pulse with growth and digital platforms reshape industries, a burning question grips aspiring entrepreneurs: Is Airbnb a ticket to wealth or a risky bet? From Nairobi’s vibrant suburbs to Zanzibar’s historic Stone Town, the Airbnb wave is sweeping the region. But beneath the glossy listings…
Antony John Johannesburg, South Africa — The Vodacom Group’s latest executive appointment marks more than just a leadership shuffle—it signals a bold new chapter in Africa’s digital transformation. On June 3, 2025, Vodacom Group announced the appointment of Mohamed Abdallah as the Chief Executive Officer for International Markets and Vodafone Egypt. This strategic move places one of Africa’s most…
CEGE WA MAHIGA In 2025, youth unemployment remains one of Kenya’s most significant socio-economic challenges, casting a pervasive shadow over national stability and future growth. With nearly 80% of its population under 35, and youth constituting a staggering 68% of the nation’s unemployed, this crisis transcends mere policy debate—it has escalated into a generational emergency. Echoing this sentiment, young…
Nairobi, Kenya – The screens of smartphones across Kenya are ablaze, not just with memes and music, but with a potent call to action: #RejectFinanceBill2025. A year after similar protests forced a government U-turn, Kenya’s streets and digital forums are once again the stage for a dramatic showdown between a determined youth and a government grappling with immense economic…
DAR ES SALAAM, Tanzania – May 28, 2025 – The East African literary community celebrates a significant achievement today as Tanzanian author Beda Msimbe was honoured among the Top 11 Winners in the highly competitive 2025 Short Story Competition on Insurance. The contest was organised by the Mfuko wa Fasihi Tanzania (TAFF), a leading literary fund in the region….
By Antony John MuchokiLilongwe, Malawi – May 2025 Africa is not short of vision. It is not short of bold declarations, compelling roadmaps, and frameworks filled with potential. For more than two decades, a steady stream of strategies—Maputo, Malabo, CAADP, Agenda 2063, AfCFTA, and most recently, the Kampala Declaration—have attempted to lay a foundation for agricultural transformation, rural development,…