Prostate cancer patients covered by the National Hospital Insurance Fund (NHIF) can now access an innovator prescription drug manufactured and distributed by Janssen Kenya, one of the pharmaceutical companies of …
EAST AFRICA
Pesapal Uganda has received a nod from the Bank of Uganda to operate as a Payment System Operator. The firm’s Uganda Country Director Martin Barungi said with the license, pesapal will be …
- BusinessEntrepreneurshipINVESTMENTReal Estate
Olympia Capital posts Net Profit of KSh 17.5m
by Omolaraby OmolaraOlympia capital holding limited has recorded a net profit of ksh 17,496,000 for the financial year ended 28th February 2022. This is compared to a net loss of KSh 1,113,000 …
State-owned National Oil Corporation of Kenya will from August start shipping fuel from Saudi Arabia at lower prices than the global rates in the latest push by the government to …
- Banking, Finance & InvestmentBusinessManufacturing & Consumer GoodsUncategorized
NSE Daily Equity Turnover Drops 57% to KSh 515.6m
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 …
Kenyan-based cloud kitchen Kune foods has shut down operations barely a year after its launch with its founder and Chief Executive Officer Robin Reecht blaming the “economic downturn and investment …
- BusinessEducationINVESTMENTProduct ComparismTransportation & Logisitics
Government Launches Kenya’s ETrade Readiness Assessment
The government is developing a national e-commerce Strategy (ECS) to boost Kenya’s economic opportunities that are supportive of the country’s strategic goals and Vision 2030. Industrialization, Trade, and Enterprise Development …
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 …
- 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 …
- AgricultureBusinessEconomyFood Production
Govt Urged To Build Sustainable Rice Seed Systems To Boost Production
The First ever rice symposium organized by the Korea-Africa Food and Agriculture Cooperation Initiative (KAFACI) is being held in Kenya, under the Kenya Agricultural Livestock Research Organization (KALRO). The symposium …