Cashew nut farmers get paid as little as Sh20 per kilo, compared to Sh70 per kilo in 2009 when the government introduced an export
Business
Gold Crown Files Insolvency Petition against Nakumatt
Gold Crown Beverages, a tea-brewing company, has filed an insolvency petition against Nakumatt, with an aim of recovering Sh. 60 million debt from the
Kenya and Tanzania end trade dispute
Kenya and Tanzania have resolved their trade disputes over various restrictions on some products. One of these products that had particularly impacted trade hostilities
KRA narrowly misses revenue collection aim
KRA’s revenue collection for the 2016/2017 financial year ended in June 2017, falling short by a marginal 0.8% according to the report they released
Jack Ma In Kenya With 38 Other Billionaires
Jack Ma, the founder and executive chairman of Chinese e-commerce behemoth Alibaba, jetted into Nairobi Wednesday evening, starting a packed two-day visit that peaks
Lending rate remains at 10%, better weather cited
The Monetary Policy Committee yesterday retained the base lending rate at 10 per cent for the fifth consecutive time. The rate has been unchanged
Kenya Airways changes ownership
National carrier Kenya Airways has a new management team following a major financial shake-up. The government is the major shareholder, followed by KQ Lenders
Tea Prices Hit A Month High At The Weekly Sales
Tea prices at the Mombasa auction rose marginally last week to touch a month high after a losing streak in the previous four sales.
Treasury seeks for toll operator on major Kenyan roads
The treasury seeks for a private company that will manage Kenya’s busiest roads, the Mombasa-Nairobi highway as well as the Nairobi-Nakuru-Mau Summit highway, as
Shilling down to six-month low on high dollar demand
The shilling yesterday depreciated to a six-month low of 104 units against the US dollar, which has been ascribed to the increasing demand of