New Taxes, New Rules: What Finance Act 2026 Really Means for Kenyan Businesses and Taxpayers.
Kenya’s Finance Act 2026 took effect on July 1, introducing changes to income tax, value-added tax and excise duty as…
Absa Bank Kenya Half-Year Profit Falls 10% To $81.3 Million On Rate Pressure.
Absa Bank Kenya PLC reported a 10% drop in first-half profit after tax to 10.5 billion Kenyan shillings ($81.3 million),…
Tanzania Opens Government Securities Market to All Foreign Investors.
Tanzania Opens Government Securities Market to All Foreign Investors. Tanzania’s central bank said it has scrapped foreign exchange restrictions that…
Zimbabwe’s VFEX Changes Market Capitalisation Formula for Cross-Listed Firms.
The Victoria Falls Stock Exchange (VFEX) has changed how it calculates market capitalisation for companies with dual listings, a move…
Hong Kong Gold Trading System to Begin Pilot Operations In 2027.
The Hong Kong Gold Exchange (HKGX) and TGX Technology Limited said on Tuesday they have formed a joint venture, Hong…
Fintech Afriex Signs Banking Partnership with Global Innovations Bank to Speed Cross-Border Payments.
Cross-border payments company Afriex has entered a sponsor and settlement banking agreement with Global Innovations Bank (GIB), the companies said…
Arvocap’s Global Equity Fund Returns 24.14% Over Past Year; Assets Reach $119 Million.
Arvocap Asset Managers’ Equity Special Fund posted a 24.14% return over the 12 months to July 2026, according to the…
South Korea Watchdog Develops Framework to Test AI Risks in Finance.
South Korea’s Financial Security Institute has completed the country’s first dedicated framework for evaluating the reliability and safety of artificial…
Nextchange Adds Trading, Fiat Services and Crypto-Linked Mastercard to Platform.
NextChange, a digital-asset trading and payments platform, said on Friday it is expanding its services to combine cryptocurrency trading, fiat…
Eritreans Abroad Send Fresh Donations to Eritrea’s National Martyrs Trust Fund.
Eritreans living in Canada, the United States, Denmark, Sweden, Germany, Norway and Angola have made new cash donations to Eritrea’s…