Economy

The price of 12.5kg of Cooking gas rose by 61 per cent to N9,906 in September 2022 from N6,165 in September 2021. This was disclosed by the National Bureau of …

Kenya Breweries Limited (KBL) is seeking to enroll over 5,000 new farmers to grow sorghum for the production of its Senator Keg Lager. The brewer seeks to increase the number …

Uber and Bolt drivers have staged demonstrations after the Government failed to implement a commission cap of 18 per cent on fares. Digital drivers accuse the National Transport and Safety …

 Moroccan energy group Afriquia Gaz is in the process of acquiring the Mauritanian subsidiary of French energy group Total Energies. According to a report from the Mauritanian news agency, the regional …

Safaricom has rolled out 5G networks in five counties, enabling customers to access faster internet speeds. The telco has unveiled the networks in Nairobi, Mombasa, Kisii, Kakamega, and Kisumu. Faster …

East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …

South-African retailer Massmart that runs Games Stores will close its Kenyan stores on or about December 25, rendering hundreds jobless.  In a letter notice to the Kenya Union of Commercial …

Poultry farmers are calling the Government to crackdown on unregulated poultry hatcheries as cases of day-old chick dying rises. The Kenya Poultry Breeders Association (KPBA) is requesting farmers to buy …

The laundry list of challenges confronting South Africa is a massive headache for Cyril Ramaphosa heading into governing-party elections in December and a national vote in 2024. The economy is …

Maroc Telecom, Morocco’s largest telecommunication operator, announced positive financial results at the end of September 2022, with a 0.3% rise in revenues. The company’s revenues exceeded  MAD 9 billion ($842 …