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The future of insurance: Lessons from global markets and opportunities for Tanzania

DAR ES SALAAM, July 16 -- ACROSS the world, the insurance industry is undergoing one of the most significant transformations in its history. What was once perceived primarily as a mechanism for transf... Read More


Horohoro border trade surges on streamlined clearance

HOROHORO, July 16 -- TRADE through the Horohoro One Stop Border Post (OSBP) on the Tanzania-Kenya border has recorded remarkable growth over the past three years, reflecting the success of regional tr... Read More


Kwimba unlocks 517m/- to grow small businesses

MWANZA, July 16 -- KWIMBA District Council in Mwanza Region has injected 517m/- in interest-free loans to women, youths and people with disabilities, providing fresh capital to strengthen small busine... Read More


Port City Colombo targets India as key growth partner

Sri Lanka, July 16 -- The $15-billion Port City Colombo, a special economic zone (SEZ) in Sri Lanka, is placing India at the centre of its growth strategy. India which is the South Asian country's big... Read More


Raghuram Rajan joins US Fed review panel alongside two Indian origin experts

India, July 16 -- Former Reserve Bank of India (RBI) Governor Raghuram Rajan has been appointed to a high-level task force set up by the US Federal Reserve to review its monetary policy framework. He ... Read More


#startupoftheday 9 - Gabify

India, July 16 -- Inception - 2023 Location - New Delhi, India Industry domain - Healthcare Founder - Sahil Chopra, Prachi Sood, Vasyl Leshchuk Total team strength - 25 Total funds raised - 1.6 C... Read More


Billionaire Kirima's firm locked in rental income tax row

Nairobi, July 16 -- A company linked to the estate of the late billionaire businessman and former Starehe MP Gerishon Kamau Kirima, Kirima & Sons Limited, is embroiled in a Sh52.8 million rental incom... Read More


Court: Export logistics services qualify for zero-rated VAT

Nairobi, July 16 -- The Court of Appeal has ruled that logistics services for exports qualify for zero-rated Value Added Tax (VAT), dealing a blow to the Kenya Revenue Authority (KRA), which sought to... Read More


Rupee ends at 96.34 against dollar as global uncertainty keeps pressure on currency

India, July 16 -- The Indian rupee closed at 96.34 against the US dollar on Thursday, slipping slightly despite gains in several Asian currencies and a decline in global crude oil prices. Market analy... Read More


Nairobi should make good use of its own-source revenue collections

Nairobi, July 16 -- Nairobi County posting Sh15 billion in own-source revenue is no small achievement. Put in perspective, it is nearly equivalent to its equitable share of national revenue, which sta... Read More