Kakuzi PLC is set to export its first hass variety avocado consignment to China this weekend. The firm began field harvesting on Friday as part of the firm’s systems trial …
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- AgricultureBusinessEastern AfricaUncategorized
The owner of Mdantsane City Mall and Cape Town’s Gugulethu Square has acquired one of Alexandra’s biggest shopping centers. Vukile Property Fund has bought Pan Africa Shopping Centre and its future extension …
The World Bank approved a $100 million grant to support the continuation of Somalia’s reform efforts in reaching the Completion Point of the Heavily Indebted Poor Countries (HIPC) Initiative when Somalia …
- BusinessEastern AfricaEconomyUncategorized
Kenya flags betting jackpots for money laundering
by Omolaraby OmolaraThe mega jackpots paid to punters in Kenya have been flagged as possible avenues for laundering proceeds of theft, drug dealings and terrorism as the State heightens focus on the …
- BusinessEconomyGlobal NewsUncategorized
IMF Cuts Global Growth Outlook Warning High Inflation Browbeat Recession.
The International Monetary Fund (IMF) cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy …
New vehicle dealers recorded a marginal sales growth of 3.9 percent in the half year ended June, a performance they attributed to a wait-and-see posture by customers ahead of the …
Eskom has warned that it could implement load-shedding at short notice after all five running units at Kriel power station tripped on Monday morning. “During the early hours of this …
- AgricultureBusinessEconomyUncategorized
Tanzania Launches Cultivation Of Over 11,000 Hectares Of Block Farms For Youth
Tanzanian authorities on Sunday launched the cultivation of 11,453 hectares of block farms for the youth in the country’s central region of Dodoma. Hussein Bashe, the Minister for Agriculture, the …
Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country’s newly elected President Hassan Sheikh Mohamud arrived in Arusha to attend the ongoing 22nd …
Kenya has had increasing cases of counterfeit electrical products which have continued to pose significant risks to consumers. The Anti-Counterfeit Authority (ACA) in July 2021 confiscated suspected counterfeit electronic products …