#Ugandan traders have called off strikes after the government agreed to additional demands.

The protests had erupted in opposition to the URA's push towards digital tax administration, aimed at enhancing tax collection.

Here's the full story 🔽
independent.co.ug/traders-call-o…

Women’s unpaid care work is the backbone of our capitalist society. It nurtures today’s workforce and prepares the next, all without a paycheck.

Akosuah Darkwah's latest piece offers 'Reflections on the Care Economies of Africa.'

Get your copy 🔽
drive.google.com/file/d/14-JQWi…

#RWANDA : According to a bill under scrutiny in parliament, Rwanda is seeking to amend its mineral tax law to promote value addition for higher revenues and discourage the exportation of valuable natural substances in raw form.

Learn more 🔽
newtimes.co.rw/article/16157/…

Construction is #Kenya ’s top money laundering sector.

Individuals use this entity for corruption, tax evasion, sanctions evasion, shielding assets from confiscation, money laundering, terrorist and proliferation financing, and other crimes.

theeastafrican.co.ke/tea/business/c…

The United Nations Conference on Trade and Development (UNCTAD) has warned developing countries facing a high risk of debt distress against issuing more Eurobonds.

Learn why 🔽
theeastafrican.co.ke/tea/business/g…

Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a 'tepid' economic recovery. Risks from geopolitics, domestic instability and climate change to blame.

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theeastafrican.co.ke/tea/business/s…

#EastAfricanCommunity : Traders across the region are up in arms against heavy taxation by the ruling regimes that are hard-put to fund burgeoning budgets amid a cash crunch caused by debt servicing and slowing economies.

Learn more 🔽
theeastafrican.co.ke/tea/business/e…

#IMFSpringMeetings : This week, the world’s financial leaders gather at the IMF Spring Meetings to steer the global economy in these turbulent times.

Yet, will the outcomes reflect the needs of the many or the interests of a few?

We’re watching closely, and so should you.

#DevelopingStory : The AU is developing a credit rating agency that is envisaged to issue more informative and detailed ratings than those issued by the international rating agencies which are seen as unfair.

Learn more 🔽
theeastafrican.co.ke/tea/business/a…

#Somalia is banking on new opportunities coming out of recent debt relief to seek new credit lines and open up for #trade .

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theeastafrican.co.ke/tea/business/d…

#UGANDA : The URA and small traders have been feuding over the taxman’s attempt to impose an electronic fiscal receipting and invoicing solution ( #EFRIS ), which recovers the value-added tax in a ‘daunting” period of slow business.

Here's more 🔽
theeastafrican.co.ke/tea/business/u…

#Kenya , #DRC among African nations with firms making $1bn revenues.

Africa has at least 345 companies with revenues of $1 billion or more per annum of which 3 percent (11) of the firms are located in East Africa.

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theeastafrican.co.ke/tea/business/k…

#EAC : Taxation is a good idea. The problem is #tax redistribution.

Read more 🔽
theeastafrican.co.ke/tea/oped/comme…

#Kenya and #Ghana take the lead in testing opportunities within the AfCTA.

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theeastafrican.co.ke/tea/business/k…

Tee Ngugi: This is chaos, not governance, and we must stop it.

Learn more about how tribalism, punitive taxation, mismanagement, incompetence, and greed have become hallmarks of #Kenya 's social, political and economic administration. 🔽
theeastafrican.co.ke/tea/oped/comme…

Happy Eid Al-Fitr to all of those celebrating!

Eid Mubarak to you and your loved ones. #Eid2024

#Tanzania 's central bank raised its key interest rate on Thursday to stay ahead of lingering inflationary pressure from global economic developments despite satisfactory local conditions.

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theeastafrican.co.ke/tea/business/t…

New data shows that volatile macroeconomic conditions, rising interest rates, soaring inflation, depreciating currencies, and dwindling forex reserves are hurting the operations of firms trying to raise capital in #Africa .

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theeastafrican.co.ke/tea/business/w…

The US says #Kenya ’s Integrated Financial Management Information System (IFMIS) is vulnerable to manipulation and hacking, which could lead to the loss of billions of shillings of taxpayer money.

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theeastafrican.co.ke/tea/business/k…

In a bid to cover revenue shortfalls and cut borrowing, #Uganda is proposing a raft of taxes on key products such as fuel and building materials in the next financial year, raising fears of an increase in the already high cost of living.

Learn more 🔽
theeastafrican.co.ke/tea/business/u…