Kenya inches closer to collecting digital taxes

In current times, Nigeria and Kenya are two countries expanding the discussion on digital taxes. However they are not leaders. In 2014, South Africa ended up being the very first country on the continent to introduce taxes on e-services. South Africa’s method was to make registration within the country a responsibility once companies crossed a limit of over ZAR50,000 ($3500 at the time). The limit has actually altered since then and from April 2019, ended up being ZAR 1 million ($70,500). Other nations on the continent are now playing catch-up…

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Egypt’s “Uber-For-Last-Mile-Deliveries” Start-up, Bosta, Raises 7-Figure Series A From Global Delivery Giant

The Egyptian start-up which has developed a platform for effective last-mile shipments, Bosta, has actually reportedly raised Series A financing from European parcel shipment champ, DPDgroup. The Series A round also drew participation from a previous Bosta investor, Fawry, the Egyptian payments company that went public in 2015. MENAbytes, which declared to have gotten a statement from the start-up, reports that the specific amount raised was not divulged though the startup stated that the round deserves seven-figures in United States dollars (USD). Bosta launched in 2017 as a company of…

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