kenya

British multinational Diageo Plc’s proposed purchase of additional shares in EABL values the company at Sh151 billion, signaling an undervaluation of the brewer at the prevailing market price prior to …

Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate by the biggest margin …

The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …

 Kenya has moved up two positions in the latest Absa Financial Markets Index (AFMI) attributed to better environmental, social, and governance (ESG) market frameworks in the financial sector The country …

Caps on wholesale prices of fuel will be reintroduced following an end to the subsidy on pump prices, in a move meant to shield independent dealers who have for months …

 Coffee farmers in Nyeri County are set to earn less as prolonged drought revenged bushes. Delay of October short rains have caused berries to wither in Kirichu. Godfrey Muthodu, a …

Moko Home + Living, a Kenyan furniture company has raised Sh786.6 million ($6.5 million) to grow its business line. The Serie B debt-financing round was led by Swiss investor AlphaMundi …

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 …

Oil marketers have declined to lower cooking gas prices four months after halving Value Added Tax (VAT) to eight percent, denying consumers accruing benefits. The 13-kilogramme cylinder is retailing at …

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 …