Sri Lanka has closed schools and halted all non-essential government services, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund (IMF) opened talks with Colombo on …
EAST AFRICA
- AgricultureBusinessEconomyFood ProductionINVESTMENT
Traders Begin to Import Maize to Address Shortages
Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …
Global technology company, Mastercard, has signed a three-year partnership with the Kenya Tourism Board (KTB) which seeks to drive the growth of tourism numbers in Kenya by leveraging various Mastercard …
- BusinessEconomyEntrepreneurshipFood ProductionUncategorized
Reprieve For Fish Traders After Kenya Brokers A Truce With Uganda
Fish traders in Busia are a happy lot after the Kenya and Uganda government came up with a framework to ensure smooth transit of the commodity from Lake Turkana to …
Crossboundary, (CBEA) a Kenya-based Energy Access has raised $25 million to finance solar-powered minigrids across Africa. The funding was raised from ARCH Emerging Markets Partners limited, Bank of America, and Microsoft Climate …
- BusinessGlobal NewsInformation TechnologySafaricomTechnologyUncategorized
Safaricom Customers To Enjoy 100pc Bonus Data In Revamped Campaign
Safaricom has announced the return of Nyakua 100 per cent Data Bonus, a campaign that was unveiled earlier this year for customers to enjoy 100 per cent bonus data upon …
Energy Cabinet Secretary Monica Juma says there is need for Kenya to embrace green energy production in the wake of the skyrocketing fuel prices. Juma who is also the acting …
- BusinessEconomyEntrepreneurshipINVESTMENT
Kenya, Zambia Commit To Joint Efforts Towards Removals Of Trade Barriers
Kenya and Zambia have agreed to work together towards removing barriers that hinder trade and investment between the people of the two countries. President Kenyatta said his discussions with visiting …
- Food ProductionKenyaManufacturing & Consumer Goods
Blow as KRA Shuts Down Keroche Breweries in Fresh Tax Dispute
The Kenya Revenue Authority (KRA) has shut down Keroch Breweries again, on claims that the latter had defaulted in their earlier agreement on the settlement of tax arrears. The company …
Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%. …