Business & Economy
East Africa Portland Cement. Tanzanian tycoon Edhah Abdallah Munif’s Kalahari Cement Ltd wants to acquire a 29.2 per cent stake in EAPC for Sh718.5 million. [File, Standard] A parliamentary committee probing the proposed sale of a substantial stake in East…
Mombasa Port. [Photo, Courtesy] South Sudanese importers are facing a crisis at Kenya’s Mombasa port, where they claim inefficiencies in managing empty shipping containers have driven the cost of imported goods to triple. Delays in returning containers, coupled with port congestion and high security bonds, are strangling trade…
Parliament has launched a landmark effort to free millions of Kenyan borrowers from the grip of…
Former Seafarers Union of Kenya Secretary General Steve Owaki (left) and young sea cadets during a media briefing in…
President William Ruto harvests sugar cane during the launch of the issuance of bonuses for sugarcane farmers in Mumias,…
Suspended Kenya Reinsurance Corporation Group MD Dr Hillary Wachinga. [File, Standard] Kenya Reinsurance Corporation has announced the extension of Managing Director Dr Hillary Wachinga’s suspension for an additional 21 working days, effective from Thursday. In a public notice issued on…
Deputy President Kithure Kindiki during the opening of the 2025 Magical Kenya Travel Expo at Uhuru Gardens, Nairobi. [DPCS] Kenya is seeking to develop new…
Business Weekly Round Up
The Bank of Uganda’s Monetary Policy Committee (MPC) has raised the Central Bank Rate(CBR) to 10.25% at its April meeting. The Monetary Authority said…
Kenya Bureau of Standards has engaged the Quality Inspection Services Inc. Japan (QISJ) to carry out validation of import documents. [File, Standard] The decision…
The Kenya Revenue Authority (KRA) says tax waiver under it’s amnesty programme has hit Ksh 158 billion. The Tax Amnesty Programme which begun in…
Alliance for Commodity Trade in Eastern and Southern Africa Chief Executive Dr John Mukuka. [Paul Mbugua, Standard] Kenya is preparing to host the 24th Common…