Investors gained Sh42.1 billion in paper wealth in the highest daily gain at the Nairobi Securities Exchange (NSE) in three weeks as markets welcomed the Supreme Court ruling upholding the …
marketing
Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand. The …
- BusinessEastern AfricaEconomy
Ghana Lawmakers Approves Plan to Borrow $750 Million Loan From Afreximbank
Ghana lawmakers approved a plan by the government to borrow up to $750 million from the African Export-Import Bank for the 2022 budget. The vote by the nation’s hung parliament removes …
The Capital Markets Authority (CMA) has forced a US-based private equity to make a takeover offer to minority owners of Limuru Tea, including tycoon Joe Wanjui, in the wake of …
- BusinessEconomyGlobal NewsINVESTMENT
Government To Implement AfCFTA Strategy To Boost Country’s Trade
The government has embarked on a sensitization campaign countrywide to create awareness amongst the business community on the opportunities offered by the African Continental Free-Trade (AfCFTA) and how to exploit …
A significant number of South African companies are still not paying minimum wage to their workers, despite mandatory changes and increases over the past year, says employment and labour minister …
- BusinessEconomyEntrepreneurship
Business At Standstill As Traders Protest Construction Of Kiosks On Top Of Sewer
Business came to a halt at Port Victoria market after 300 traders protested Busia county government officials’ move to construct kiosks on top of a sewer system. Led by their …
The Nairobi Securities Exchange (NSE) PLC has hosted the inaugural NSE CFO Conference. The conference brought together finance leaders from leading companies in Kenya and the region to deliberate on …
- BusinessEconomyEntrepreneurshipFood Production
Frenchman shuts startup Kune after failing to raise Sh30m for operations
Kune, a Kenyan food start-up founded by Frenchman Robin Reecht in 2020, has closed its doors after failing to raise Sh30 million from a French investor for operations amid rising …