Economy

His Excellence the President of Uganda, Yoweri Kaguta Museveni ordered the Communication companies in general, to refund back the 1% percent mobile money tax that was paid by Ugandans. Check also: Museveni Sends A Sweet Loving Message To Janet On Her Birthday According to the statement issued yesterday, President Museveni seriously cautioned that the 1% tax should be decelerated to 0.5%. ...

Abidjan, Cote d’Ivoire – The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa, that may be worth more than $1 trillion each year by 2030 to substitute imports with high value food made in Africa.  This is the main ...

The tourism sector on Tuesday got a major boost as President Uhuru Kenyatta opened two international hotels and laid the foundation stone for the tallest building in Africa. Check also: Top 10 Most Expensive Buildings On The African Continent The Nairobi hotels are the Park Inn in Westlands with a bed capacity of 140 managed by Radisson Hotel, and Lazizi Premier ...

The strength or value of a currency is an index of its purchasing power, reflecting the current economic situation of a country in comparison with other countries in the world. Using the dollar as a benchmark, here Face2Face Africa ranks the seven strongest currencies in Africa. Check also: This is What Will Happen When You Give Money To The Poor The list includes ...

The City of Kigali, yesterday, hosted a news conference to shed light on the rationale behind a directive requiring businesses and nonprofit entities working from residential buildings to relocate. Check also: 5 Business Lessons From One Of Africa’s Most Successful Oil Multi-millionaire, Muhammadu Indimi Parfait Busabizwa, the City vice mayor in charge of economic development, said the move aims at promoting ...