Trade and Financial Service Round-Up: Issue No. 46 of 2025
Kenya
Government Fees Income Supports Revenues As KRA Misses All Targets
Income from fees on government services increased by 28% in the first quarter of the 2025/26 financial year, reaching KSh136 billion, helping partially offset shortfalls in tax collections. Appropriations in Aid (A-I-A), collected by ministries, departments, and agencies, exceeded targets due to higher charges for services such as work permits, IDs, and passports. Despite this, total revenues fell short by KSh 83.6 billion, as the Kenya Revenue Authority collected only KSh 562.1 billion against a target of KSh 655.8 billion, with shortfalls across PAYE, VAT, excise, and customs duties. Grants also underperformed, with only Sh2.9 billion received of the projected KSh 4.4 billion, leaving total revenue at Sh709.6 billion, a modest increase from last year but 10% below target.
(Source: Business Daily)
Tanzania
CRDB Introduces Early Payment Service for Suppliers
CRDB Bank has launched a specialised financing facility to assist suppliers serving corporate and institutional clients in accessing funds swiftly, ensuring liquidity and enabling them to take on more work. Under the scheme, companies verify suppliers’ invoices, and CRDB pays them ahead of the scheduled due date, with repayment made by the client later. Suppliers do not need to provide collateral, reducing delays associated with typical tender payments. The facility carries a competitive interest rate of 1.5 per cent per month and aims to support business growth, strengthen supplier-client relationships, and boost the national economy.
(Source: Daily News)
Uganda
Museveni Promises Loan Scheme for Large-Scale Farmers as Mbabazi Endorses Him for Presidency
President Yoweri Museveni addressed a large rally in Kanungu District, announcing a new loan scheme to assist large-scale tea, coffee, and cocoa farmers in purchasing fertilisers and repaying through their SACCOs after selling their produce. He highlighted peace as a major achievement for border communities and outlined key infrastructure projects, including upgrades to several major roads. Museveni pointed to improvements in local schools and urged residents to prioritise household income alongside development. He revisited the history of tea growing in Uganda and noted the sector’s growth. Former Prime Minister Amama Mbabazi and Speaker of Parliament Anita Among praised his leadership, with Among announcing new funding for regional road projects and thanking the President for supporting the tea sector and ensuring security in Kanungu.
(Source: The Independent)
Rwanda
Nuclear Energy: How Rwanda Could Benefit from Global Initiative
At the 30th UN Climate Conference in Brazil, Rwanda signed the International Declaration to Triple Global Nuclear Energy Capacity by 2050, joining 33 countries in recognising nuclear energy as vital for reaching net-zero emissions. Rwanda Atomic Energy Board officials say the move will attract finance, technology transfer, and international support for safe and sustainable nuclear deployment. The country intends to develop its first nuclear power programme using Small Modular Reactors, aiming to generate 110 MW within 10 years, diversify its energy mix, supply stable electricity for industries, and advance low-carbon development goals.
(Source: The New Times)
Ethiopia
Ethiopian Airlines Building Pan-African Aviation Powerhouse, Says Transport, Logistics State Minister
Ethiopian Airlines is leading the development of a pan-African aviation industry, according to Transport and Logistics State Minister Dhenge Boru. Speaking at the 5th General Assembly of the Association of African Aviation Training Organisations, he highlighted the airline’s strategic investments, including the $12 billion Bishoftu International Airport, and its Vision 2035 plan to accommodate over 67 million passengers and 3.73 million tonnes of cargo. Aviation is regarded as a key driver of Africa’s economic growth, trade, tourism, and the delivery of essential goods. Leaders emphasised the urgent need to develop skilled aviation professionals across the continent, with Ethiopian Aviation University training personnel in over 50 countries and more than 25,000 aviation professionals already certified, supporting sustainable growth and modernised air transport infrastructure.
(Source: ENA)
Sudan
Northern State Bans Transfer of Goods to RSF-Held Areas
Northern State Governor Abdel Rahman Abdel Hamid has issued an emergency decree banning the transport of goods from the Northern State to areas under the control of the Rapid Support Forces in Kordofan, Darfur, and parts of the western Northern State. The order targets supply lines running through Al Dabbah, a key hub that links RSF-held areas in Darfur with parts of Kordofan. Under the decree, anyone moving goods to these regions faces a prison sentence of at least five years and a substantial fine, with further jail time and confiscation of goods and vehicles if the fine is not paid. The restrictions come amid continued RSF expansion, including their seizure last June of the border triangle between Sudan, Egypt, and Libya after the army withdrew.
(Source: Sudan Tribune)
