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Kenya
Business News: IMF gives KRA thumbs up for digital excise stamps system
Kenya Revenue Authority (KRA) has received the backing from International Monetary Fund (IMF) for its new system of putting stamps on excisable goods.
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Kenya
Business News: Private sector slowdown a new challenge for Uhuru Kenyatta
Growth in Kenya's private sector plateaued last month, adding to the challenges for President Uhuru Kenyatta as he seeks re-election in August by touting his strong economic performance.
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Kenya
Business News: Energy regulator approves coal-fired Amu Power plant in Lamu
In a notice in the Kenyan Gazette, the Energy Regulatory Commission (ERC) approved construction of Kenya's first coal-fired power plant in Lamu.
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Kenya
Business: Private sector slowdown a new challenge for Uhuru Kenyatta
Growth in Kenya's private sector plateaued last month, adding to the challenges for President Uhuru Kenyatta as he seeks re-election in August by touting his strong economic performance.
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Kenya
Business: Energy regulator approves coal-fired Amu Power plant in Lamu
In a notice in the Kenyan Gazette, the Energy Regulatory Commission (ERC) approved construction of Kenya's first coal-fired power plant in Lamu.
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Nigeria
Economic growth uncertain this year — Report
Ife Ogunfuwa Many chief financial officers of business organisations in Nigerian say they are not confident about economic and business growth in 2017 but are optimistic about an improvement in the next two to three years Speaking at a press conference on Friday, a Partner and Head, Audit services, KPMG ...
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Nigeria
Nigeria recorded N63tn cashless transactions in 2016
Ozioma Ubabukoh Nigerians carried out about N63tn worth of transactions on various electronic channels in 2016, SUNDAY PUNCH learnt on Saturday. Statistics showed that the figure was the highest transaction value ever recorded in the nation’s e-payment sector, following the introduction of a cashless economy policy by the Central bank ...
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Nigeria
Ensuring knowledge-led economy through technology
Analysts have repeatedly warned that Nigeria’s oil reserves will, at best, last for another 50 years. This is definitely a warning sign that the future of our dear nation, with a population growth rate that many say is unsustainable, might be bleak if we do not engage in proper planning. ...
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USA
I’m yet to make profit —Tricia Ikponmwonba-Yusuf
Tricia Ikponmwonba-Yusuf, 29, is the Managing Director of Omose kids, a children wear line. She speaks with JOY MARCUS about her desire to bridge the gap in the children’s fashion industry Can you briefly tell us about yourself? As a marketing professional and fashion entrepreneur, I explore both fields to ...
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Nigeria
Nigerian banks battling with forex liquidity – Moody’s
BAYO AKINLOYE A global rating body, Moody’s, has said many banks in Nigeria are struggling to handle diminishing foreign currency liquidity. The rating body noted that the reduced foreign currency deposits would increase the monetary institutions’ funding costs. “The reduction in foreign currency deposits is credit negative for Nigerian banks ...