Category: Economy&Finance
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Equity Group Director of Trade Relations AQ Hamza speaks at the delegates’ reception in Lubumbashi Equity Group has brought together more than 50 delegates from 16 nationalities for a five-day trade mission in Lubumbashi, Democratic Republic of Congo. The mission is aimed at opening new business opportunities, strengthening economic ties, and linking investors with partners…
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Standard Chartered Standard Chartered Bank Kenya is bracing for a steep decline in profits this year as it sets aside billions to honour a pension settlement owed to former employees. The lender, one of Kenya’s Tier 1 banks, told investors that its net earnings for the year ending December 31, 2025, will be at least…
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Kenyan meat processor QMP logo. Kenya’s Quality Meat Packers (QMP) is stepping up its expansion drive with new deals in the Gulf region and the Democratic Republic of Congo. The Nairobi-based meat processor has partnered with Lulu Hypermarket and Nesto Group to distribute its products in Dubai and Riyadh, while also securing a presence in…
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The average price at the auction stood at US$ 413 per 50-kg bag. Neumann Kaffe Gruppe, a global coffee dealer in Germany, was last week the top buyer at the Nairobi Coffee Exchange (NCE) auction. Through its local subsidiary Ibero Kenya Ltd, the German firm was the market leader, purchasing 5,187 bags at the weekly…
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Mr. Mulwa is the Chief Executive Officer of Liaison Group. The Board of the Nairobi Securities Exchange PLC (NSE) has announced the appointment of Mr. Thomas Mulwa as an Independent Non-Executive Director. Mr. Mulwa is the Chief Executive Officer of Liaison Group. He joined the organization in 1991 and was appointed CEO in 1999. Mr.…
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Economists Society of Kenya helps in shaping development agenda. The Economists Society of Kenya (ESK) is set to hold its Annual National Conference, which takes place between September 28 and October 3, 2025, in Diani, Kwale County. The conference’s theme is “The Kenya We Want: Achieving Sustainable Development for Inclusive Prosperity. ESK is a professional…
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The ceremony was witnessed by Afreximbank President and Chairman of the Board of Directors Prof. Benedict Oramah and Arise IIP Founder and Chief Executive Officer Gagan Gupta. KCB Group PLC has signed a partnership with pan-African lender African Export-Import Bank (Afreximbank) to provide financial and trade facilitation support to investors eyeing opportunities in the Vipingo…
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Nairobi City County Governor Johnson Sakaja during a meeting with Senate Standing Committee on Energy on April 1,2025. PHOTO/Parliament Nairobi County staff have been directed by their union to stay at home and abscond all duties. This follows delays that have left workers without pay for weeks. In a letter dated September 17, 2025, the…
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A photo of Kenyans at KRA offices in Mombasa. PHOTO/KEVIN ODIT. The Kenya Revenue Authority (KRA) has announced a four-hour scheduled maintenance of the iTax system, warning users that the platform will be temporarily unavailable. The maintenance will take place from Thursday, 18th September 2025, at 10:00 PM to Friday, 19th September 2025, at 2:00…
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A group of Journalists at a past press briefing. PHOTO/Nation. Setting up a media company in Kenya involves navigating a detailed legal and regulatory process, from business registration to securing licenses from the relevant authorities. Kenya’s media space is tightly governed by law, and aspiring media owners must comply with requirements set out in the…