Business

Asian shares jump on ‘phase one’ Sino-U.S. trade deal

Asian shares jump on ‘phase one’ Sino-U.S. trade deal

Asian shares hit their highest in nearly eight months on Monday after the united states and china agreed on a…
U.S exports to China to nearly double in ‘totally done’ trade deal

U.S exports to China to nearly double in ‘totally done’ trade deal

The “phase one” US-China trade deal will nearly double U.S. exports to China over the next two years and is…
Fitch affirms Kenya at ‘b+’; outlook stable

Fitch affirms Kenya at ‘b+’; outlook stable

Fitch ratings have affirmed Kenya’s long-term foreign-currency issuer default rating at ‘b+’ with a stable outlook. The ‘b+’ rating reflects…
Coffee farmers to sell coffee directly to the US

Coffee farmers to sell coffee directly to the US

Kenyan farmers can now through the Zabuni platform sell coffee direct to the United States and double their returns. Zabuni…
Telkom-Airtel merger conditions

Telkom-Airtel merger conditions

349 employees out of 674 employees of Telkom Kenya will be spared from being laid off once Airtel Kenya completes…
Choppies to exit Kenya

Choppies to exit Kenya

Botswana-based retailer, Choppies is set to exit the local market by February next year. The supermarket has indicated in its…
Ex-Sudan president Bashir sentenced to two years in detention for corruption

Ex-Sudan president Bashir sentenced to two years in detention for corruption

Omar al-Bashir, the former Sudan President was on Saturday sentenced to two years in detention after being found guilty over…
Kenyan shilling firm on diaspora remittances

Kenyan shilling firm on diaspora remittances

The Kenyan shilling was firm on Monday with inflows from diaspora remittances meeting dollar demand from merchant importers and the…
West Kenya counties challenged to harness their potential

West Kenya counties challenged to harness their potential

Counties in Western Kenya have been challenged to formulate strategies to grow their contribution to the country’s Gross Domestic Product…
Outlook for African banks in 2020 turns negative as operating conditions weaken

Outlook for African banks in 2020 turns negative as operating conditions weaken

The 2020 outlook for African banks has changed to negative from stable, reflecting their weakening operating environment, Moody’s Investors Service…
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