Category Archives: Trainings and Workshops

Talks start for Kampala, Dar to scrap VAT on cellphones

November 29, 2016 0 Comments

Nokia Oyj wants the governments of Tanzania and Uganda to remove Value Added Tax (Vat) on mobile phones, a senior officer has said.Mr Kenneth Oyolla, the company’s general manager for East and Southern Africa told The Citizen in Nairobi on Thursday that the company has already initiated talks with the two […]

October 29, 2016 0 Comments

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M-Pesa hits $1bn mark transfer in EA states

October 29, 2016 0 Comments

At least $1.05 billion (more than Sh1.7 trillion) is transferred monthly through M-Pesa in East Africa.The mobile money transfer started in Kenya a few years ago, but has now spread across the region, and is replicated by almost all mobile phone companies. Information Technology (IT) experts are now worried over the increasing […]

EABL’s mini-IPO opens today

October 29, 2016 0 Comments

The public can buy some shares of the Tanzania Breweries Limited (TBL) starting today as the EABL releases some of its shares through a public offering. The East African Breweries Limited entered a production partnership with SABMiller, the parent company of TBL in 2002 in which the latter produced and marketed some […]

Set up common FDI policy

October 29, 2016 0 Comments

Legislators want regional members to co-operate on foreign investment promotion to enhance economic development.Members of the East Africa Legislative Assembly said in a meeting that EAC members should create common foreign direct investment legislation to attract more investors to the one of the largest markets in the continent. The East African Community […]