China’s Huaxin Cement has bought the Tanzanian unit of Athi River Cement (ARM) Cement, Maweni Limestone Limited, according to its…
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The latest business and financial market news and analysis from East Africa and the Continent.
Kenya’s National Emergency Response Committee on Covid-19 has ordered malls, eateries, restaurants to close in response to the rising number…
The World Bank has approved US $1 billion for Kenya to support the county’s budget according to National Treasury Secretary…
Tullow Oil has declared force majeure on its main licences in Kenya according to a statement from Africa Oil Corp…
Safaricom remains the most profitable company in East Africa with a net income of $598 Million according to an annual…
Sameer Africa PLC, ( SAMR.NR) revenue reduced by 15 percent from Ksh 2.07 billion in 2018 to Ksh 1.76 billion…