Business
Why Tanzania is Dropping Sunflower Industry Boost for 2024
December 5, 2023
Why Tanzania is Dropping Sunflower Industry Boost for 2024
Tanzania’s sunflower sector industrialization efforts have been hindered by a deal to bulk-source high-yield seeds for its one million sunflower…
Moody’s on Why Ruto’s Privatisation Agenda Might Take a Long Time
December 4, 2023
Moody’s on Why Ruto’s Privatisation Agenda Might Take a Long Time
President William Ruto signed into law the Privatisation Bill, 2023 – paving the way to privatise State Owned Enterprises (SOE)…
What You Must Know About Mining Bill (Amendment), 2023 in Kenya
December 1, 2023
What You Must Know About Mining Bill (Amendment), 2023 in Kenya
Despite the existence of a regulatory framework and the sector’s immense potential, the contribution of the mining sector to Kenya’s…
Govt Changes Tune on Sale of a Parastatal
December 1, 2023
Govt Changes Tune on Sale of a Parastatal
In a recent development, the Kenya Cooperatives Creameries (KCC) will no longer be privatised, marking a significant shift in the…
Some of Successful Companies, Holdings Dr. James Mwangi Oversees
December 1, 2023
Some of Successful Companies, Holdings Dr. James Mwangi Oversees
Dr. James Njuguna Mwangi is the third largest shareholder of Equity Group Holding (at 3.9% of the 7.75 billion shares…
A Breakdown of How Kenyans Have Borrowed, Saved from Hustler Fund
November 30, 2023
A Breakdown of How Kenyans Have Borrowed, Saved from Hustler Fund
Kenyans celebrate the Hustler Fund programme’s one-year anniversary with Ksh.39.7 billion in loans, reaching 21.8 million individuals and groups.President William…
Ibom Air Boosts Fleet with First of Ten A220-300s
November 30, 2023
Ibom Air Boosts Fleet with First of Ten A220-300s
Nigeria’s Ibom Air has delivered its first A220-300 aircraft, a collaboration between the airline and Airbus Canada, at the Airbus…
AfDB Approves €73 Million Phase 3 Loan For Kenya
November 30, 2023
AfDB Approves €73 Million Phase 3 Loan For Kenya
The African Development Bank (AfDB) has approved a €73 million (Ksh.12.2 billion) loan to Kenya for Phase III of the…
Kenyan Currency Value Bleeds on Against Peers as MSCI Denies Local Companies Entry
November 29, 2023
Kenyan Currency Value Bleeds on Against Peers as MSCI Denies Local Companies Entry
The Kenyan Shilling (Ksh) is experiencing significant fluctuations in its exchange rate against other East African Community (EAC) currencies.As of…
James Finlay’s Tea Estate Changes Hands in New Acquisition
November 29, 2023
James Finlay’s Tea Estate Changes Hands in New Acquisition
James Finlay, a prominent Kenyan tea grower, manufacturer, and supplier, has completed the sale of its tea estates in Kericho,…