BUSINESS NEWS

The Hustler’s Digest – Safaricom is Resisting a Tax Hike on MoMo Services

Today’s Quote “They steal our taxes and donor money… leaving public services to near-collapse and now when donors get angry and cut them off, then they come to us and punish us again by raising taxes to grab even the little income we struggle to make. A report said the drop totaled 1,087.6 Megawatts.

Why Taxing Companies’ Turnovers Will Choke Cameroon’s Economy

In 2011 when the government carried out a survey to understand Cameroon’s business climate, their aim was to make life easier for business people. From direct to indirect taxes, the country has over 14 different taxation schemes that directly hit on the economic activities of its populace.   With this pile of taxes to pay, business owners in Cameroon have over the years, been suffocating.

Audrey Cheng Brings Moringa School to Cameroon

Since its launch in Kenya in 2014, Moringa School, a learning accelerator Audrey Cheng co-founded, has already placed more than 95% of graduates into leading companies across Africa. Moringa School has recorded a tremendous success as the best Nairobi coding Bootcamps of 2018. “We are thrilled to be able to impact more lives by teaching students the skills they need for today’s job market,” Cheng said.

Africa Without Borders: Ethiopia Follows Rwanda’s Footsteps

For years, borderless travel has been a dream across Africa, with the potential to boost the continent’s growth. Now, some African countries are taking bold steps to encourage borderless travel that could spur trade and economic growth on a continent in desperate need of both. After Kenya, Rwanda, and others, Ethiopia is now the latest African nation to join the bandwagon.

Africa Squaring up to Combat Power Crisis through Solar Energy

Electrical energy supply has been, and is still a major challenge in Africa. Most African countries have seen the need to overcome this challenge with the help of solar energy. Soon, most African countries like Morocco and Zimbabwe will be saying goodbye to blackout as they embrace this new initiative.

The Hustler’s Digest – Trump-Kim: A Technology to Denuclearize North Korea?

Today’s Quote “Anyone can make war, but only the most courageous can make peace” US President Donald Trump Africa Morocco and Nigeria take on next steps for gas pipeline deal Morocco and Nigeria signed a joint declaration on Sunday, laying out the next steps to complete the gas pipeline deal. Rumors of this agreement first emerged in December 2016. Both countries launched feasibility studies to this effect and ended with a plan to build the pipeline onshore and offshore.

Lenali Oral App to Provide ‘Illiterates’ in Africa the Comfort of the Online World

Illiteracy has been one of the factors of underdevelopment in Africa. To solve this problem, it was necessary to create the Lenali Oral App for ‘illiterates’. Congratulations to Malian entrepreneur, 44 year old Mamadou Gouro who has created the Lenali app, an oral-based platform.

China’s Infrastructure Grants to Africa and the Missing Local Content in Usage

Is it fair to say that China, through her infrastructure grants is Africa’s “Santa Claus”? As what can be described as the “second scramble” for Africa heightens, China’s influence on the continent is ever alarming. It’s a mission in which she certainly wants to assert herself as the world’s future center of global economic determinism. This, probably, explains her massive infrastructure grants/loans to African institutions and states.

Ambitious Entrepreneur Turns Desire into an International Humanity Travel Agency

In the heart of every entrepreneur lies an unseen burning desire to do something special. The story of Njoka Walter Laye, founder of the outstanding travel agency, Fly International Company (FICO) Limited is a rare one and cannot go unnoticed. “I came up with the idea of starting FICO because it’s something I had in mind a long time ago to help people towards their desire or motive to travel.

Digital Renter Wants To Help Students Make Money From Their Hostels

With a goal to bring consistency and order in the accommodation sector, Digital Renter has launched a campaign for students who wish to rent their rooms to submit their requests on Digital Renter’s platform. Digital Renter is known for its goal to provide accommodation with less stressful procedures. It does this just by providing houses for rent and their locations on its platform.

The Hidden Truth about Cameroonian Startups and their Successes

Cameroonian startups have become innovative and now curbing the ultimate worries of unemployment. These startups are gaining international recognition. Cameroonian startups are becoming successful in the international markets as their products/solutions solve local problems and problems at the international level.

A 3-Month Digital Marketing Workshop at ActivSpaces Buea

ActivSpaces Buea is organizing a 3-month workshop on Digital Marketing for members and the general public. However, interested persons who can’t make it to Buea can follow the full workshop online on Skademy.com.

Konga Has a New Boss. He’s a Former UAC Foods and Unilever Exec

The Zinox Group recently acquired Konga in a deal that shook the African e-commerce industry. Olusiji’s new mission is to steer Konga’s course towards a fresh start in dominating the Nigerian e-commerce market. He replaces former owner of Konga, Mr.

This African Clothing Online Store went from $500-$2Million

What started as a compliment ended with this young African woman showing the green light to many African designers. Zuvaa was founded two years ago by this New York-based entrepreneur . When Kelechi Anyadiegwu started her  African clothing online store Zuvaa with $500 two years ago, her idea was to share African-inspired designs with consumers around the world.

Egyptian e-health startup SmartCare raises $1.2m funding

The Egyptian e-health startup SmartCare has decided to boost the company’s tech infrastructure by raising the sum of US$1. This will also go a long way to expand its customer base and grow its team. SmartCare is a Health management startup that was launched in 2010.