Audit firm, Ernst and Young, Kenya (EY Kenya) faces blight on its reputation after the World…
Category: Business News in Kenya
Kenya to open market for duty-free EU imports after trade deal takes effect
Kenya and the European Union have enforced a trade deal after a decade of negotiations, opening…
Uganda, Tanzania fresh produce volume via Mombasa on the rise
The volume of fresh produce from Tanzania and Uganda exported using reefers through the port of…
Kenya to host second US-African nuclear summit
Kenya will in August host the second nuclear forum between the US and Africa as the…
Shilling rallies to 15-month high against dollar
The shilling has climbed to a 15-month high against the dollar, backed by inflows from agriculture…
Access Bank completes acquisition of Tanzanian lender in East African foray
Nigeria’s Access Bank Plc has completed the acquisition of the African Banking Corporation Tanzania (BancABCT) as…
Northern Corridor truckers mull shift to Dar over tax
The cost of transporting cargo on the Northern Corridor is set to increase in the next…
Blow to Nairobi bourse as US firm announces exit
American fund management firm BlackRock Inc is selling off its equity investments in emerging and frontier…
MTN Uganda’s parent offers major discount in $58m shares sale
South Africa’s MTN Group has made a new offer to sell 1.57 billion shares in its…
Microsoft, UAE-based AI firm G42 to invest $1bn in Kenya data center
Microsoft is partnering with UAE-based AI firm G42 to invest $1 billion in a data center in…