04/09/2018

SARS warns on cryptocurrencies

The onus was on taxpayers to declare all cryptocurrency-related taxable income in the tax year in which it is received or accrued, SARS said in a statement.

03/23/2018

Ballooning Uganda debt poses default risk, central bank says

Over the last decade the government of long-ruling President Yoweri Museveni has ramped up borrowing, mostly from China, to fund infrastructure projects including roads, power plants, fibre cable networks and an airport expansion.

03/21/2018

Commercial Bank of Africa starts operation in Rwanda

“Rwanda stands out amongst its peers in East Africa because the economy has grown impressively and sustainably from 2000 to 2017, with a GDP growth rate averaging 7.2% annually,” said CBA Group Chairman, Desterio Oyatsi.