economy

economy

Chesire Elected Head of Global Sugar Body Historic First

Chesire Elected Head of Global Sugar Body Historic First

Africa-Press - Kenya. Kenya has scored one of its biggest global wins in decades after Sugar Board CEO Jude Chesire was unanimously elected chairman...
Amsons Group Targets NSSF Shares for Cement Control

Amsons Group Targets NSSF Shares for Cement Control

Africa-Press - Kenya. Pan-African Energy and manufacturing business conglomerate, Amsons Group, has sealed a share purchase agreement (SPA) to acquire a further 27 per...
HF Group's Q3 profits more than doubles on increased revenue

HF Group’s Q3 profits more than doubles on increased revenue

Africa-Press - Kenya. Integrated financial solutions provider HF Group has posted a profit before tax of Sh1.14 billion, a 265 per cent increase compared...
Kenya Tightens Digital Insurance Rules Amid Insurtech Harmonization

Kenya Tightens Digital Insurance Rules Amid Insurtech Harmonization

Africa-Press - Kenya. Kenya’s Insurance Regulatory Authority is preparing new rules to strengthen cybersecurity, data protection and oversight of digital insurance services, as regulators...
Kenya Faces Costly Imports Amid Container Shortage

Kenya Faces Costly Imports Amid Container Shortage

Africa-Press - Kenya. Kenya is staring at a major trade hitch as a shortage of containers hits the main import source of China, amid...
Kenyan Investors Explore Economic Opportunities in Rwanda

Kenyan Investors Explore Economic Opportunities in Rwanda

Africa-Press - Kenya. A group of Kenyan investors left Rwanda impressed by the abundance of business opportunities during a three-day trade mission organised by...
Cooperative Bank, UNDP Sign Deal to Boost Rural Finance

Cooperative Bank, UNDP Sign Deal to Boost Rural Finance

Africa-Press - Kenya. Cooperative Bank of South Sudan has tapped the United Nations Development Programme (UNDP) in what experts are calling one of the...
China-Backed Lender Approves Ksh400 Million Grant

China-Backed Lender Approves Ksh400 Million Grant

Africa-Press - Kenya. The Multilateral Cooperation Center for Development Finance (MCDF) has approved a USD3.15 million (Ksh408,586,500) grant to support the preparation of the...
Mosiria Warns Absentee Staff in Nairobi County

Mosiria Warns Absentee Staff in Nairobi County

Africa-Press - Kenya. Nairobi Chief Officer for Citizen Engagement and Customer Service, Geoffrey Mosiria, has spoken for the first time on his surprise move...
World Bank Upgrades Kenya's Growth Outlook Amid Risks

World Bank Upgrades Kenya’s Growth Outlook Amid Risks

Africa-Press - Kenya. High debt obligations and low revenue collection put Kenya's fiscal space at a crossroads, a move likely to further negatively impact...