State eyes fresh buyers of stakes in Hilton, InterCon

The government has restarted the sale of its stakes in tourist hotels including Hilton, InterContinental and Mountain Lodge. The Privatisation Commission is seeking consultants to carry out due diligence on the hotels…

Uganda govt now slaps taxes on Bibles and Korans

Kampala The Uganda Revenue Authority (URA) has reversed a long-standing tradition and ordered religious groups to start paying taxes on Bibles, Korans, prayer and hymn books. Clerics across faith groups Monday reacted…

Equity ranked best bank in Kenya

Equity Bank #tricker:EQTY has been voted the best lender after it shrug off effects of the legal cap on lending rates to beat rivals in the profit growth race. Think Business banking…

Safaricom’s Bonga points can now buy you cement

East African Portland Cement Company (EAPCC)  and Safaricom  have signed an agreement allowing the telecoms operator’s customers to pay for their cement purchases using their loyalty Bonga points. Under the partnership, 10 Bonga points…