The volume of fresh produce from Tanzania and Uganda exported using reefers through the port of…
Category: Business News in Kenya
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…
Finance Bill 2024 Bad For Kenyans And The Economy – Deloitte
The proposed Finance Bill 2024 has been described as a burden for Kenyans and a setback…
Is Kenya’s Lamu port soon getting a lifeline?
New Ethiopia, Uganda business could hand Lamu port a lifeline. The interest by Ethiopia and Uganda…