Business

Kenya Extends Oil Import Deal With Gulf Firms for Two More Years

The Kenyan government has extended its oil import arrangement with three Gulf-based companies for another two years under the Government-to-Government (G-to-G) framework, allowing continued...

Govt announces 50pc duty waiver on imported yellow maize

The government has introduced a duty waiver on imported yellow maize to address rising maize prices, which have been driven by increased competition between...

Airtel Kenya Expands Mobile Money Access with New Bank Partnerships

Airtel Kenya is ramping up efforts to grow its Airtel Money service by leveraging the extensive networks of microfinance and commercial banks across the...

EABL’s Tender Offer for Uganda Breweries Shares Falls Short, Secures Just 7.9% of Target

East African Breweries Limited (EABL) has concluded its tender offer to buy out minority shareholders in Uganda Breweries Limited (UBL), securing only a small...

Precious Metals and Stones Dealers Face Trade Ban as Kenya Tightens Anti-Money Laundering Measures

Hundreds of traders in Kenya’s booming precious metals and stones sector risk losing their trading licenses starting next week unless they register with the...

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