Tea farmers selling their produce to KTDA-managed factories recorded improved earnings in the July to mid-October period as volumes sold increased. Average prices for teas from KTDA-managed factories increased to …
Economy
- BusinessEconomyFinance & ServicesKenya NewsMarkets
Kenya Ranked Eighth In The 2022 Absa Africa Financial Markets Index
Kenya has moved up two positions in the latest Absa Financial Markets Index (AFMI) attributed to better environmental, social, and governance (ESG) market frameworks in the financial sector The country …
- EconomyMoroccoTransportation & Logisitics
Spain set to Reactivate the Undersea Railway Tunnel Linking It With Morocco
The Spanish government has announced their plan to reactivate the undersea railway project set to link Morocco and Spain through the Strait of Gibraltar. The project was first conceptualized in …
Russian news agency TASS reported on Wednesday that Russia approved the nuclear cooperation agreement which it had signed with Morocco in 2017. In line with Morocco’s strategy to prioritize greener …
Caps on wholesale prices of fuel will be reintroduced following an end to the subsidy on pump prices, in a move meant to shield independent dealers who have for months …
- AgricultureBusinessEconomyKenyan News
Farmers in Nyeri County Count Losses As Drought Destroy Coffee Bushes
Coffee farmers in Nyeri County are set to earn less as prolonged drought revenged bushes. Delay of October short rains have caused berries to wither in Kirichu. Godfrey Muthodu, a …
- BusinessEconomyMorocco
Morocco’s Rhamna Is Emerging as a National Beacon for social innovation and Sustainable Development
Morocco’s Rhamna province is emerging as a national beacon of knowledge, social innovation, and sustainable development, Governor of Rhamna Province Aziz Bouigane said yesterday. The official made the statement in …
Kenya bought half of its imported sugar from Uganda in August, making Nairobi a leading destination for Kampala’s exports during the month. Data from the Sugar Directorate shows that Uganda …
- BusinessEastern AfricaEconomy
Ruto-Led Meeting With KRA to collect Sh3 Trillion by December to fund the country’s development budget.
The government is betting on the Kenya Revenue Authority (KRA) to collect Sh3trillion by the end of the year to fund the country’s development budget. Speaking during a meeting in …
The International Monetary Fund (IMF) on Tuesday , citing Russia’s ongoing war against Ukraine, widespread inflationary pressures and higher interest rates boosting borrowing rates for both businesses and consumers. The 190-nation …