[ad_1] Savannah Cement plans to raise $350 million (KSh39.7 billion) via a bond on the London Stock Exchange (LSE) to build a clinker production plant. The...
[ad_1] Samsung Electronics has appointed Mr. Tae Sun Lee as the new East Africa Managing Director effective January 2022. He takes over from Mr. Seok Min...
[ad_1] The past week was very volatile for the US Markets with all the three major indexes falling for a third consecutive week. The S&P 500 index and Nasdaq...
[ad_1] Uganda’s earnings from export processing zones grew to a record high of $1.2 billion for financial Year 2020/21 from $154 million in Financial Year 2019/20,...
[ad_1] Kenya has begun oil and gas exploration activities in the Lamu Basin, ignoring the ICJ ruling over a maritime dispute with Somalia. Petroleum commissioner James...
[ad_1] IFC has announced it has extended a $15 million loan to Guaranty Trust Bank (Kenya) Ltd, a subsidiary of the Guaranty Trust Group, for lending...
[ad_1] The World Bank Group Board of Executive Directors approved a $750 milliondevelopment policy loan (DPL) for South Africa. The loan will support the Government’s efforts...
[ad_1] Airbus has cancelled a $6 billion contract with Qatar Airways for 50 of its new A321neo passenger jets, escalating a legal battle between the two...
[ad_1] The weekly Mombasa Tea Auction held on 17th, 18th, and 19th January 2022 had 13 million kilograms of tea offered for sale. The amount on offer increased...
[ad_1] The Central Bank of Kenya(CBK) top policy organ, the Monetary Policy Committee( MPC) is holding its first meeting on Wednesday this week. If the MPC...