Platform to give SMEs a boost in intra-Africa trade
Thursday January 21 2021
Summary
Small and medium enterprises eyeing a slice of intra-Africa trade will now have a platform to ease transactions.
The Africa Continental Free Trade Area (AfCFTA) app will enable the SMEs to sell and buy goods via a cashless and contactless platform under the low duty regime that satisfies the “know-your-customer” requirements at banks and financial institutions.
AfCFTA trade promotion and programmes director Francis Mangeni said SMEs admitted onto the app will be issued with a mark of identity.
Small and medium enterprises eyeing a slice of intra-Africa trade will now have a platform to ease transactions.
My Career Journey In Corporate Communications – Sally Kahiu
Sally Kahiu, 37, is the head of Corporate Communications and Marketing at Kenya Association of Manufacturers.
The strategic communications and brand development expert holds a Master’s degree in Communication from Coventry University in the United Kingdom.
She shared her career path with Nation.africa.
Tell us about your childhood and family life.
When I was about five years old my mother threw a birthday party for me and invited all the neighborhood kids and their parents. She cooked up a storm, so to speak, and was in the kitchen most of the time, making sure that the food does not run out. I remember running into the kitchen to get more fries onto the serving tray. My mum then asked, “Do the other children want fries too?”
The East African
Wednesday December 23 2020
Nigerian President Muhammadu Buhari signs the AfCFTA in July 2019. The trade agreement is set to be implemented on January 1, 2020. PHOTO | AFP
Summary
The African Continental Free Trade Area had initially been scheduled to be launched on July 1, 2020, but was postponed to January 1, 2021.
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African businesses are gearing up for the opening of the 1.2 billion people market, amid challenges on tariff concessions, rules of origin and trade in services.
The African Continental Free Trade Area (AfCFTA), which brings together 55 countries with a combined gross domestic product of $3 trillion, had initially been scheduled to be launched on July 1. The implementation was postponed for six months due to the Covid-19 pandemic that led to restricted movement and lockdowns.
MPs back workers salary cut, halts Covid tax relief
Wednesday December 23 2020
By EDWIN MUTAI
Summary
Lawmakers last evening defied pressure from manufacturers, employers and business lobbies and passed the Treasury-backed Bill that will see the tax reliefs introduced in the wake of Covid-19 scrapped from January 1.
MPs approved the Tax Laws (Amendment) (No 2) Bill 2020 at a special session called to fast-track debate and approval of the proposed law that seeks to reinstate the higher taxes.
The Bill now waits the signature of President Uhuru Kenyatta to become law, which will cut workers net pay in a year when employers are not likely to increase salaries to protect earnings hit by the pandemic.
Over the past 3 days, a report published by The New York Times has created buzz about an industry group representing the world’s largest fossil fuel companies and chemical makers allegedly set to spell doom into Kenya’s continuing efforts to end plastic pollution. A dump in Tudor, Mombasa Kenya. (Photo Credit: Sustainable Inclusive Business) The Director of … [Read more…]