Runaway inflation, new taxes and depreciation of the shilling have hit hard manufacturers of fast-moving consumer goods, who are now warning of reduced profitability which will lead to job losses. …
Johnson & Johnson, an American pharmaceutical company, says it will stop selling its talc-based baby powder globally in 2023. The company said talc will be replaced by cornstarch. The move …
The management of Sarrai Group of Uganda has started a test run of the mills at the debt-ridden Mumias Sugar factory after the rehabilitation and maintenance of the run-down equipment. …
Italian multinational oil and gas company, Eni has commenced production of the first Kenyan vegetable oil for bio-refineries at its oilseed collection and pressing plant in Makueni. The agrihub will …
Henson Africa has announced a distribution partnership with Mobica an Egyptian furniture system manufacturing company. Founded in 1979, Mobica has grown to be the largest furniture system manufacturer in the …
The Kenya Association of Manufacturers KAM Board has appointed Mr Tobias Alando as the Acting Chief Executive Officer from 1st July 2022 following Ms Phyllis Wakiaga’s exit on 30th June 2022. Tobias joined the Kenya …
The Kenya Bureau of Standards (KEBS) has called on local manufacturers and importers to conform to the 205 new standards which have been developed targeting various products to boost their …
The Nairobi Securities Exchange(NSE) recorded a significant decline in daily equity turnover on the first day of this trading week to KSh 515.6m compared to KSh 1.2 billion when trading …
Tanzania has doubled the cost of export permits by 93 percent, a move likely to open another round of trade dispute between Nairobi and Dar es Salaam. The authorities in …
The Competition Authority has named the insurance industry as the top abuser of buyer power accounting for 72 percent of all cases investigated by the authority. This is an increase …