Rwanda Reintroduces VAT on Hybrid Vehicles to Promote Electric Mobility
Rwanda has reintroduced value-added tax (VAT) on hybrid vehicles in an effort to encourage the transition to pure electric mobility,…
Category: Business
Nigerians Protest Telecom Data Price Hikes Amid Economic Struggles
Nigerians are expressing outrage over significant increases in mobile data prices by telecom giants MTN and Airtel, saying the move…
Rwanda to Increase Taxes on Alcohol, Tobacco, and Foreign Digital Services
The Rwandan government has announced plans to increase taxes on alcohol, tobacco, and foreign digital services as part of its…
Dangote Refinery Set to Begin Full Operations Within a Month
Nigeria’s Dangote Oil Refinery, the largest in Africa, is set to begin full operations within the next 30 days, marking…
Rwanda Increases 2024/25 Budget by Rwf126 Billion in Revised Plan
The Rwandan government has proposed increasing the national budget for the 2024/25 fiscal year by Rwf126.3 billion, raising total spending…
China to Build Tanzania-Burundi Standard-Gauge Railway
Tanzania and Burundi have signed a $2.15 billion agreement with two Chinese firms to construct a 282-kilometer standard-gauge railway (SGR)…
China Retaliates With New Tariffs on U.S. Imports
China announced Tuesday that it will impose new tariffs on U.S. imports in response to Washington’s recent tariff hikes, escalating…
African Leaders Push for Energy Access, Economic Growth at Mission 300 Summit
At the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, global and African leaders reaffirmed their commitment to…
Banki Livestock Market Reopens After Boko Haram Destruction
The Banki International Livestock Market has officially reopened, years after being destroyed by Boko Haram insurgents. The market, a key…
Kenyan Farmers Challenge Seed Sharing Ban in Court
A group of Kenyan farmers has filed a lawsuit challenging a 2012 law that prohibits seed sharing, arguing it has…