Business
Tea payment for farmers in December up 16.2% to Ksh.3 billion
January 7, 2022
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…
Why you will need EAC pass to cross Kenyan borders
January 7, 2022
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…
Kipevu Oil terminal to enhance supply, cost stability of petroleum products
January 7, 2022
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…
List of African nations which performed best on stock market in 2021
January 6, 2022
List of African nations which performed best on stock market in 2021
The Lusaka Securities Exchange in Zambia finished 2021 as the best-performing stock market in Africa, registering a 93.2 percent gain…
KTDA, Kenya Railways enter into transportation deal for Kenyan tea
January 6, 2022
KTDA, Kenya Railways enter into transportation deal for Kenyan tea
Kenya Railways and the Kenya Tea Development Agency (KTDA) have entered into a partnership which will see KTDA managed factories…
Equity Bank, IFC sign Ksh.18.6 billion deal for SME financing
January 6, 2022
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…
Kakuzi issues profit warning on low avocado production
January 6, 2022
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…
Brace for high cost of energy on imminent dry season
January 6, 2022
Brace for high cost of energy on imminent dry season
The cost of electricity in the country is set to rise due to an imminent dry season that is expected…
Mumias Suagr investor begins work after Odinga directive
January 6, 2022
Mumias Suagr investor begins work after Odinga directive
The new Mumias Sugar investor, Sarrai Group has kicked off work in what could appear as the miller’s revival after…
NSE extends suspension from trading KQ share for further 12 months
January 6, 2022
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…