Local agribusiness firm Kakuzi Plc has secured pre-shipment approvals from the Kenya Plant Health Inspectorate Service (KEPHIS) for its second fresh avocado shipment to China. The firm is expected to …
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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 …
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 …
Tourism within the East African Community region will soon receive a shot in the arm after The Tembea Tujenge Kenya team launched a campaign to promote the region’s tourist destinations. The Tembea …
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 …
Nairobi’s international financial centre has signed up three companies on the day of its launch including Prudential plc, ARC Ride Kenya and AirCarbon Exchange (ACX). Prudential, one of the world’s …
- 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 …
- 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 …