Economy
The Kenyan Digital Tax Goes Into Effect As Other Nations Watch The Implementation Closely
Kenya Revenue Authority (KRA) has declared that the recently presented Digital Service Tax (DST) happened on January 1. “The Finance Act 2020 introduced a …
5G To Reach 30m Subscriptions In MEA By 2024, Mobile Subscription In Africa To Hit 1.6b In 2024
5G hasn’t even started rolling out in many parts of the world yet but it is now said that the ultra-fast 5G technology to …
Bitcoin Now Above $1,000 And Is Valued At About $16b; Same As An Average FTSE 100 Company
Bitcoin is starting the year by rising above $1,000 for the first time in three years after its value reached $1,163 in 2013. With …
The Agricultural Drone Market Could Be Worth $32b At The Moment In The US
Agriculture could be one of the biggest drone markets. You might be familiar with the idea of drones delivering consumer packages or monitoring security …
Ireland And Apple To Formally Appeal EU $14b Tax Ruling
We’re back to that landmark EU ruling which says that Apple should pay $14b in taxes it may have enjoyed from the Irish government …
Investment In The Nigerian Telecom Sector Hits $68b And FDI Makes Up For Half Of That Figure
Local and foreign investments in the Nigerian telecoms sector has now reached $68b and this is according to the former Secretary-General of the International …
Americans And Africans Are Buying BitCoin Than Ever And Here’s Why
After Donald Trump’s victory, a lot happened as was expected but an unexpected one was from the financial markets. The Dow Jones Industrial Average, …
The Nigerian Senate Is To Investigate MTN’s $13.9bn Transfer Out Of Nigeria In The Last 10 Years
Its MTN again. After a widely publicised disagreement with the federal government over fines it saw as overbearing earlier in the year, the South …
The Bot Future Is Inevitable And Here’s How Nigerian Banks Can Leverage On It In dealing With The Future
Banking has come a long way and if you live in Nigeria or any other African nation for that matter, it would seem like …
Report Says Consumer Spending Will Grow In These African Cities And This Is Good For The Tech Industry
Shipments of new tech products to African cities has been largely hampered due to economic challenges across the region. Nigeria which has the biggest …