Commodities
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Limuru Tea Issues Profit Warning on Eroding Shilling Value
Limuru Tea Plc, a key player in the green-leaf tea industry and a major supplier to eKattera Tea Kenya PLC…
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Kenya Sets Aside Ksh.5.9 Billion to Boost Coffee Farming
The Kenyan government has earmarked Ksh.5.9 billion for the Coffee Cherry Advance Revolving Fund to revitalize the coffee industry and…
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How the VAT hike on Fuel Affected Kenyan Economy in Q1 2023/24
The Finance Act 2023, which came into effect on July 1, 2023, increased the Value Added Tax (VAT) on petroleum…
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Oil Prices Dip as Saudi Arabia Slashes Selling Price
Oil prices were on a downward trend Monday morning following Saudi Arabia’s decision to reduce the prices it charges its…
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Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa
Taifa Gas, a Tanzanian company that supplies liquefied petroleum gas (LPG), has started building a Ksh.300-billion ($1.9 billion) plant and…
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Raila Files Investigation Request into Petroleum Importation
Zimio chief Raila Oginga, through his lawyer Paul Mwangi, has submitted a formal letter requesting an investigation into the G-to-G…
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Edible Oil Scandal: Senior Officials From KNTC Apprehended by DCI
Senior managers from the Kenya National Trading Corporation (KNTC) were apprehended on Tuesday and brought to the Directorate of Criminal…
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Williamson Tea Kenya PLC announces Ksh.10 interim dividend after 76.4% profit surge
Williamson Tea Kenya PLC has reported a substantial increase in profits, resulting in an interim dividend of Ksh.10 per share…
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Why Uganda is Walking Away from Kenya over Fuel Storage Reliance
Kenya has lost the Ugandan market over the storage of petroleum products due to its oil deal with the United…
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Sugar Price in Kenya Surge Raising Concern
Sugar prices are soaring in Kenya, causing widespread concerns among consumers and local businesses as sugar is one of the…
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