The Competition Authority of Kenya (CAK) has approved the acquisition of Cemtech Company Limited by Simba Cement Company Limited. “CAK…
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The latest business and financial market news and analysis from East Africa and the Continent.
Kenya Reinsurance Corporation (Kenya Re) has issued a profit warning for the full financial year ended December 2018 citing higher…
Kenya’s National Treasury raised KSh197 million from its mobile-based infrastructure bond, M-Akiba which had a 79% subscription rate. The overall…
The Energy Regulatory Commission data showed rising global oil prices since January has led to revising the domestic prices upwards…
Mumias Sugar Company is seeking a strategic investor to enable full business recovery after posting KSh15.1 billion loss in the…
The British government suffered another significant defeat as MPs voted by 321 to 278 votes to reject a ‘no-deal’ Brexit’.…