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<p>Kenya’s Finance Bill 2020 proposes to introduce a 1.5 per cent tax on the gross transaction value of digital Services as well as levy VAT at 14 per cent on a number of goods that are currently exempt. This is in efforts to boost tax revenue in the country. Edna Gitachu, Tax Policy Lead at PwC Kenya joins CNBC Africa for more.</p>


Here’s what you need to know about Kenya’s proposed digital tax

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<p>There have been arguments for a postponement of the July Start of Trade under the African Continental Free Trade Area (AfCFTA) due to the Covid-19 pandemic. However, trade experts on the continent say that the AfCFTA will help African economies recover from the impact of the pandemic and should stay on track. CNBC Africa spoke to Edem Adzogenu, Co-Chair of the Afro-Champions Initiative Executive Committee for more.</p>


COVID-19: How the pandemic is affecting Africa’s free trade plans

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<p>The International Monitory Fund executive board approved US$491.5 million under the Rapid Credit Facility, to help Uganda address the economic impact of the COVID-19 pandemic. Moreover, According to Uganda Electricity Transmission Company Limited there has been a marginal drop of in demand for electricity by 10 per cent since the country went into lock-down in March. Oscar Emasu, Research Analyst at Crested Capital joins CNBC Africa for more.</p>


Uganda secures $491.5mn loan from IMF to address economic impact of COVID-19

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<p>At a time when people are restricted to move as a measure to curb the spread of COVID-19, finding consumers has never been harder for vendors. To help tackle this, the United Nations Development Programme partnered with Jumia Uganda to launch an online platform that will enable small and medium enterprises to connect with consumers. Elsie Attafuah, UNDP Resident Representative in Uganda joins CNBC Africa for more.</p>


This new digital platform seeks to link vendors with consumers in Uganda

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<p>With the change in the school systems in Rwanda due to measures to contain spread of COVID-19, parents have a responsibility to keep their children learning. Currently, Rwanda has more than 2.5 million pupils out of school. CNBC Africa joins Amos Furaha, Director of Global User Engagement at NABU on digital channels that can help parents keep track of their child&#8217;s reading.</p>


Here’s how e-learning developers are keeping children focused during COVID-19 lock-down

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<p>Last night during a televised interview, Ugandan President Yoweri Museveni addressed concerns around Covid-19, touching on topics such as the upcoming elections and the country&#8217;s economic performance amid the virus. CNBC Africa spoke to Analyst and Chief Strategist at Impact Communication Strategies, Kenneth Agutamba for more.</p>


Uganda considers postponing presidential elections due to Covid-19

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<p>It’s been announced here in Rwanda that due to the on-going global pandemic, schools will remain closed until the beginning of the next school year in September. So where does that leave vulnerable students who have already been studying from home for some time? How will this impact their scholastic development? CNBC Africa spoke to the Country Manager of Educate!, Donnalee Donaldson for more.</p>


COVID-19: Inside Rwanda’s plan to reopen schools in September

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<p>In Kenya, there’s a plan to postpone interest payments on bonds held by insurance firms in the form of pension funds in a proposal that insurers have criticized. Tom Gichuhi, Executive Director, Association of Kenya Insurers joins CNBC Africa for more.</p>


Kenyan insurers react to proposed postponement of interest payment on government papers

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<p>High end luxury tourism players have not been spared the effects of COVID-19 either with many still unsure what next, CNBC Africa spoke to Bonita Mutoni, Sales and Marketing Manager, One And Only Nyungwe on how best players like them are handling the fallout from the crisis.</p>


The cost of COVID-19 on high end tourism

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<p>The Democratic Republic of Congo Mining Week was slated to be held in June; now because of the global pandemic, the date has been postponed to a hopeful October 7th, 2020.</p>


Covid-19 takes a dig at DRC mining plans

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<p>Kenya’s flower industry is now facing another setback amid the COVID-19 outbreak; lack of freight, even as demand begins to grow steadily. According report by the Kenya Flower Council, demand for cut flowers in the international market has begun to rise, with export demands hitting 3,500 tons per week. However, the available freight capacity cannot accommodate the rise in volume demand, seeing that it stands at only 1,300 tons for all commodities; flowers, vegetables, and fish. Alex Owiti, Communication Consultant, Horticulture Industry in East Africa joins CNBC Africa for more.</p>


COVID-19: Lack of freight holds back Kenya’s flower industry

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<p>The government of Rwanda has set up a $100 million COVID-19 relief fund so as to mitigate the economic effects of the pandemic on Rwanda&#8217;s economy. CNBC Africa&#8217;s Arnold Kwizera spoke to Rwanda&#8217;s Minister of Finance and Economic Planning, Uzziel Ndagijimana for more.</p>


These are the COVID-19 relief measures Rwanda’s government is offering to SMEs

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<p>Covid-19 has disrupted various supply chains with global travel and movement of goods halted in some places. This has affected industries such as Ndemezo the garments but could this be an opportunity for Africa&#8217;s garments sector? CNBC Africa spoke to Dennis, Deputy Managing Director of C&#038;D Group Pink Mango for more.</p>


How Africa’s garments sector can benefit from the supply chain disruptions during Covid-19

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<p>The informal sector has been the worst hit as a result of the enforced lockdowns and curfew across various members of the East African Community as a result of COVID-19.</p>


COVID-19: How to get the informal sector back on its feet

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<p>To pay or not to pay is the question many African countries are grappling with even as they swim in an ocean of foreign debt, amid the global pandemic. African leaders are now calling for debt cancellation to enable them channel their resources to saving lives and salvaging their economies. CNBC Africa spoke to Dr. Andrew Mold, Chief Regional Integration and AfCFTA, Sub-Regional Office for Eastern Africa, UNECA, for more.</p>


African countries seek debt relief amid COVID-19 pandemic

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<p>In an effort to boost home ownership, Kenyan workers could soon be allowed to use up to 40 per cent of their retirement savings to buy residential houses in new changes that economic analyst, Reginald Kadzutu helped us explore.</p>


Inside Kenya’s proposed changes in pension law

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<p>Despite the Covid-19 pandemic leaving the cinemas and movie theatres closed, festivals cancelled, Film releases pushed and also leaving film production stuck, here seems to have been a silver lining for the industry. CNBC Africa spoke to Eric Kabera, Founder of Kwetu Film Institution on the impact of the pandemic on the industry.</p>


East Africa

Here’s what you need to know about Kenya’s proposed digital tax

COVID-19: How the pandemic is affecting Africa’s free trade plans

Uganda secures $491.5mn loan from IMF to address economic impact of COVID-19

This new digital platform seeks to link vendors with consumers in Uganda

Here’s how e-learning developers are keeping children focused during COVID-19 lock-down

Uganda considers postponing presidential elections due to Covid-19

COVID-19: Inside Rwanda’s plan to reopen schools in September

Kenyan insurers react to proposed postponement of interest payment on government papers

The cost of COVID-19 on high end tourism

Covid-19 takes a dig at DRC mining plans

COVID-19: Lack of freight holds back Kenya’s flower industry

These are the COVID-19 relief measures Rwanda’s government is offering to SMEs

How Africa’s garments sector can benefit from the supply chain disruptions during Covid-19

COVID-19: How to get the informal sector back on its feet

African countries seek debt relief amid COVID-19 pandemic

Inside Kenya’s proposed changes in pension law

COVID-19: Dramatic impact on film industry

News Tips

Advertise With Us

East Africa

Here’s what you need to know about Kenya’s proposed digital tax

COVID-19: How the pandemic is affecting Africa’s free trade plans

Uganda secures $491.5mn loan from IMF to address economic impact of COVID-19

This new digital platform seeks to link vendors with consumers in Uganda

Here’s how e-learning developers are keeping children focused during COVID-19 lock-down

Uganda considers postponing presidential elections due to Covid-19

COVID-19: Inside Rwanda’s plan to reopen schools in September

Kenyan insurers react to proposed postponement of interest payment on government papers

The cost of COVID-19 on high end tourism

Covid-19 takes a dig at DRC mining plans

COVID-19: Lack of freight holds back Kenya’s flower industry

These are the COVID-19 relief measures Rwanda’s government is offering to SMEs

How Africa’s garments sector can benefit from the supply chain disruptions during Covid-19

COVID-19: How to get the informal sector back on its feet

African countries seek debt relief amid COVID-19 pandemic

Inside Kenya’s proposed changes in pension law

COVID-19: Dramatic impact on film industry

News Tips

Advertise With Us

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