Economy

Morocco’s governing council chaired by Head of Government Aziz Akhannouch, adopted a draft decree to temporarily suspend import duties on domestic cattle on Wednesday October 19. The draft decree seeks …

Morocco’s fertilizer giant OCP Group inaugurated this week its first ultramodern fertilizer blending plant on the continent in Kaduna, in northern Nigeria.  The aim of the new Kaduna facility is …

The Federal Government said there is no need to declare a state of emergency over the tragic flooding incidents across the country. This was made known on Thursday night by the …

Tea prices at the weekly Mombasa auction rose slightly this week amid an increase in the volumes traded. At this week’s auction, a kilo averaged USD2.37(Sh287.24) up from USD2.33(Sh282.40) last …

Kenya plans to import an additional 6-million bags of fertilizer ahead of the long rainy season of March 2023. President William Ruto said his Government will import varieties of fertilizers …

Sales of new motor vehicles dropped marginally in the nine months ended September, with the slowdown linked to the economic uncertainty in the context of the recent General Election. Formal …

Maize prices have dropped drastically below KES 5,000 for a 90Kg (kilogramme) bag for the first time in months as farmers in Kenya’s food basket, Uasin Gishu, start harvesting the …

Banque Central Popularize (BCP), Morocco’s second-largest banking group, signed a partnership agreement with the European Investment Bank (EIB) today in Rabat, aiming to enhance the competitiveness of small and medium-sized …

Moroccan insurance provider Sanlam, formerly known as Saham, has said that “Morocco is a key market” for its pan-African operations. In June, Saham officially changed its name to Sanlam after its …

Kenya’s miraa exports to Somalia have earned the country Sh4 billion in three months since the resumption of sales of the stimulant to the Horn of Africa nation in July …