Economy

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 …

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 …

The third Africa Fertilizer Financing Forum opened in Casablanca today, convening experts, agricultural specialists, as well as agriculturally-interested organizations to discuss solutions to improve Africa’s fertilizer ecosystem. Both Morocco’s OCP …

A two-kilo of sugar has risen by Sh 12 at a time when the country is facing a 34 per cent decline in cane production. In leading retail stores such …

French shipping company CMA CGM will launch a new maritime shipping service linking Morocco, France, and Spain. Operations of the new shuttle service, named “Morocco Shuttle,” will begin on November …

 The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company. Discussions for …

Kenyan households can now breathe a sigh of relief as prices of cooking gas drop by over Sh100. A spot-check by Capital Business showed that a six-kilogram cylinder price of Rubis Energy …

As Nigeria’s federal budget proposal surges past an unprecedented N20 trillion, capital expenditure which covers projects with direct impact on citizens is receiving no extra funding from last year, according …

Kumba Iron Ore, a subsidiary of Anglo American, has warned its production will be hit by the organization-wide strike at Transnet. Kumba on Monday said it had received a notice …