Collins Ogutu
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Agriculture
Tea payment for farmers in December up 16.2% to Ksh.3 billion
Smallholder tea farmers in the country are poised to receive payment for the December 2021 green leaf deliveries to their…
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Economy
Why you will need EAC pass to cross Kenyan borders
The East African Community (EAC) is pushing for the adoption of EACPass to facilitate cross-border movement due to the perennial…
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Markets
Kipevu Oil terminal to enhance supply, cost stability of petroleum products
Kenya will double the capacity of handling petroleum products when the Ksh.40 billion New Kipevu oil terminal becomes fully operational…
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Economy
Equity Bank, IFC sign Ksh.18.6 billion deal for SME financing
The International Finance Corporation, a member of the World Bank has lent Ksh18.6 billion to the Kenyan banking subsidiary of…
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Agriculture
Kakuzi issues profit warning on low avocado production
Kakuzi PLC has issued a profit warning notice to their investors on anticipated lower full-year earnings. The company’s earnings will…
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Corporate
NSE extends suspension from trading KQ share for further 12 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading of Kenya Airways (KQ) shares for an additional 12…
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Corporate
Wakanda completes 85% acquisition of Choice Microfinance Bank
Wakanda Network Limited (Wakanda) has successfully finalized the acquisition of an 85 percent shareholding of Choice Microfinance Bank Limited (Choice…
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Markets
Why consumers now prefer product purchase in installments against cash first payment
Demand for Pay-As-You-Go financing for products in the East African Market is set to skyrocket in 2022 as more consumers…
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Finance
Toyota Kenya launches Hiace assembly plant with 95% asset financing deal
Toyota Kenya has commissioned Hiace assembly line at the Associated Vehicle Assemblers Mombasa. In line with the Buy Kenya Build…
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Regions
UK premier Johnson, wife Carrie welcome baby girl
British Prime Minister Boris Johnson and his wife Carrie have announced the birth of a baby girl. Johnson’s office says…
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