Economy

The Ethiopian Commodity Exchange (ECX) is in the process of starting to facilitate the trading of wheat on its floor. The crop will return to the Exchange’s trading floor after …

Electricity prices have risen for the second month in a row, attributed to high oil prices and a weak shilling. The Energy and Petroleum Regulatory Authority (EPRA) on Friday increased …

Chinese loans to Kenya have dropped for the first time in 15 years as Beijing adopts more cautious lending in Africa where some nations have reached the limit of their …

 Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …

Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …

Centum Investments Company plans to repay Sh2.3 billion worth of debt using part of the proceeds from the sale of its stake in Sidian Bank to Nigeria’s Access Bank. This …

Murang’a County will give farmers Sh5 per liter of milk as an incentive meant to increase the county’s production of milk from the current 600,000 liters per day to 1 …

 The Japanese International Cooperation Agency (JICA) has pledged to continue supporting the Kenya Ports Authority (KPA) in upgrading port infrastructure to accelerate growth of the East Africa regional economies. JICA …

President William Ruto Thursday promised ‘Hustlers’ money as the much-touted fund mutated from a small business loans programme to a savings plan with 50 percent returns. The President said borrowers …

 Incoming Ministry of Agriculture Cabinet Secretary (CS) Franklin Linturi has said prices of maize flour will not go down anytime soon unless the Government re-introduces the subsidy programme. Maize prices …