Persistent high production and a global
oversupply have pushed down the average tea prices for factories managed by
Kenya Tea Development Agency (KTDA) to Ksh.239.35 ($2.22) in the nine months to
March 2021, a 12 percent drop.
According to KTDA, the average price
dropped from Ksh.271.70 ($2.52) for a
The first recipients of the AstraZeneca COVID-19 vaccine in
Kenya are expected to receive their booster dose during the first week of June
Cabinet Secretary for Health, Mutahi Kagwe revealed this in a presentation to the Senate Standing Committee on Health, where he said that a
KRA investigations established that culprits use false payment slips to facilitate the clearance of foreign-registered motor vehicles, thus evading payment of transit road toll fees.
The World Bank (WB) has revised the real Gross Domestic Product (GDP) growth in Sub-Saharan Africa up by 0.2 percentage points in 2021.
According to the World Bank’s Africa Pulse Report, the
Sub-Saharan Africa region is projected to rebound to 2.3 percent this year and to
The Institute of Economic Affairs (IEA) has
urged the Government to review its tax regime on solar energy equipment.
A report by IEA in collaboration with Sydenham Solar dubbed “Enhancing Reliable Electricity Access Through Solar Power Energy,” singled out the imposition of Value Added Tax (VAT)
The Government has extended the planned closure of Daadab and
Kakuma refugee camps to the end of June 2022.
The decision followed a meeting between President Uhuru
Kenyatta and the United Nations High Commissioner for Refugees (UNHCR), Filippo
Grandi on the status of the Dadaab and Kakuma camps on
Meta Electric, a business unit of META Group Africa, has launched Kenya’s first Electric service delivery vans
Speaking during the unveiling of the vehicles dubbed The BYD
T3 Electric Vans (EVs), Meta Electric General Manager, Mr. Brian Chege said the
initiative is to promote greener transportation and pave
By Vincent Odhiambo | Local Real Estate Company, Optiven Ltd. has joined the Nairobi Securities Exchange’s (NSE) Ibuka incubation program.
The move seeks to fast-track
companies’ development by accessing financial advisors and consultants who will
improve their visibility and exposure to investors before finally listing at
Africa has appointed Olusegun Ogunsanya as the company’s Chief Executive Officer
and Managing Director, effective October 1, 2021.
delighted to appoint Segun Ogunsanya as the Group's next Chief Executive
Officer. He has displayed significant
drive and energy in turning around the Nigeria business by focusing on network
The Central Bank of Kenya (CBK) has extended the list of third
party Credit Information Providers (CIP) to 1,994 institutions, which will see
more data, provided to Kenya’s Credit Reference Bureaus (CRBs).
This means that CRBs will now collaborate with third party
institutions to provide credit history of borrowers