Furniture manufacturer, PG Bison Kenya has expanded its manufacturing factory in Nairobi as part of the company’s plans to grow its investment in the Kenyan market. The move is also …
INVESTMENT
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BusinessEastern AfricaINVESTMENT
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AfricaAFRICA NEWSBusinessINVESTMENTNewsSouth AfricaSouthern Africa
Commission approves Heineken’s takeover of Distell with conditions
South Africa’s Competition Commission approved Heineken’s purchase of wine and cider company Distell Group in South Africa as long as the merged entity invests more than R10 billion over five years …
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The Nairobi Securities Exchange (NSE) has extended the waiver of its fees on equity day trades to December 31. The extension is aimed at boosting market activity and creating an …
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AfricaAFRICA NEWSBusinessINVESTMENTNewsSouth AfricaSouthern Africa
South Africa to get first listing of Cannabis SPAC in Africa
Africa is about to get its first listing of a medical cannabis-focused SPAC, or special purpose acquisition company, when Cilo Cybin Holdings raises money in Johannesburg later this year. The …
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BusinessEastern AfricaINVESTMENT
Nairobi Garage Opens CBD Hub On Increased Demand For Versatile Workspaces
Nairobi Garage has opened a two-floor business hub in Nairobi’s Central Business District, on the back of increased demand for stylish and versatile workspaces in the city. The hub will …
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BusinessINVESTMENTMoroccoReal EstateUncategorized
Morocco has been ranked as the fifth Expensive African Country to Rent One-Bedroom Apartment
Morocco has ranked as the fifth most expensive African country to rent a one-bedroom apartment, Business Insider Africa reported on Sunday. Basing its ranking on data obtained from Numbeo, a …
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BusinessEastern AfricaFinance & ServicesINVESTMENT
Naivas founders acquire Sh3.8bn in sale of stake to three firms
The family of Peter Mukuha Kago –the founders of supermarket chain Naivas— has pocketed an estimated $32.29 million (Sh3.8 billion) from the sale of an 8.5 percent stake to a …
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BusinessGlobal NewsINVESTMENTKenya News
Kenya and China Set to Sign Double Taxation to Spur Trade and Investments
Kenya plans to sign an agreement with China to end double taxation of income or gains arising from one country and paid to residents of the other. The deal, which …
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BusinessINVESTMENTMoroccoUncategorized
Tel Aviv Stock Exchange to Host Moroccan-Israeli Conference to discuss Investment opportunities
The Tel Aviv Stock Exchange will host a Moroccan-Israeli conference to discuss investment opportunities in Morocco on September 5. Described by the organizing law firm Firon-UGGC as the first of …
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Britam Holdings has posted a net profit of Sh667.5million for the half-year period ending June 30, a 77 per cent jump from Sh376 million posted in a similar period last …