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The Regional Validation Workshop on the EAC Artificial Intelligence Strategy has officially kicked off this morning in Kampala Uganda. The meeting is being co-convened by the EAC @jumuiya, and EASTECO, with support from @eacgiz under the EAC AI Alliance Programme. The two-day workshop brings together key stakeholders from across the region to review, refine, and validate the EAC Artificial Intelligence Strategy (2026–2031). This milestone engagement follows extensive regional consultations in all EAC Partner States and marks a critical step toward establishing a harmonized, inclusive, and forward-looking AI framework for the region. Over the next two days, participants from government, academia, research institutions, and the private sector will work collectively to shape a Strategy that will guide the responsible adoption of AI, strengthen regional collaboration, and unlock innovation-driven growth across East Africa.
DTB exited Burundi in 2025 by selling its entire 83.67% stake in DTB Burundi to a consortium of local investors led by the existing minority shareholder. — DTB exited Burundi in 2025 by selling its entire 83.67% stake in DTB Burundi to a consortium of local investors led by the existing minority shareholder. — The sale was broadly around book value, with expected proceeds of KES 1.27B against Group net assets of KES 1.23B, but transaction expenses of KES 41.45M resulted in a small Group disposal loss of KES 2.66M. — At the Bank level, DTB booked a KES 592.5M gain on disposal, reflecting expected proceeds of KES 1.27B against an investment carrying amount of KES 636.9M. — The main P&L drag was the KES 585.65M translation reserve reclassified to profit or loss, which pushed the discontinued operation from a KES 55.7M profit before disposal/translation effects to a KES 532.6M net loss. — DTB Burundi’s operating income was essentially flat at KES 341.8M in 2025 versus KES 345.3M in 2024, while PBT eased to KES 108.9M from KES 114.9M. — The disposal removed Burundi balance sheet items including KES 2.66B in loans, KES 846.9M in government securities and KES 2.61B in customer deposits, simplifying DTB’s regional footprint to Kenya, Tanzania and Uganda.
Rwanda officially ends the "tax-free" era for the internet. Under a sweeping new regulation, a 18% VAT now applies to all foreign digital services, including Netflix, Google, Spotify, and Uber. To ensure compliance, the government has turned banks and mobile money providers into gatekeepers: if a tech giant fails to register, the tax will be automatically withheld from your payment. Whether it’s via your IP address or SIM card, the "borderless" economy is now localized directing digital profits back into Rwanda’s national development. Expect a price shift on your favorite subscriptions as this "clean, enforceable" law takes full effect. #Rwanda #DigitalTax #Tech #Economy ktpress.rw/2026/04/if-you…
