Rwanda Partners With IFC to Develop Vaccine Manufacturing Capacity
Rwanda has joined forces with the International Finance Corporation (IFC) to develop the nation's capacity to produce essential vaccines for the African continent. IFC will assist the fast-developing nation to [...]
Unga Group Board Appoints Joseph Choge as New Managing Director
The Board of Unga Group Plc has confirmed the appointment of 39-year-old Joseph Malel Choge as the new Managing Director of the Company, effective December 1st 2021. Choge is a [...]
Kenya Orchards makes a Half-Year Net Loss of KSh 3.7 Million
Kenya Orchards Limited, a listed firm primarily involved in distributing processed fruits, vegetables and other food products, made a net loss of KSh 3.7 Million at the end of the [...]Kenya Launches Web Portal to Attract Investments in Special Economic Zones
The Ministry of Industrialization, Trade and Enterprise Development and the Special Economic Zones (SEZ) Authority recently launched a web portal where current and potential investors will access key information such [...]NBV Reports KSh32 Million Full-Year Profit
Nairobi Business Ventures (NBV) full-year net profit for the period that ended on 31st March 2021 rose to KSh32.9 million from a net loss of KSh39.4 million last year. The [...]BOC Gases Kenya Limited Net Earnings Up 165.8% to KSh 38.3 Million in H1, 2021
BOC Gases Kenya Limited more than doubled its Half-Year earnings to KSh 38.8 Million at the end of the first six months of this year, compared to a net profit [...]Bamburi Cement Plc Half-Year Net Earnings rise 7.6% to KSh 776 Million
Bamburi Cement Plc posted a net profit of KSh 776 Million for the first six months ending 30th June 2021, compared to KSh 721 Million over the same period in [...]Flame Tree Group Half-Year Net Profit rises 21% to KSh 66.9 Million
Flame Tree Group Holdings, a listed manufacturer and distributor of plastic tanks, cosmetics, snacks, spices and playground equipment, saw its net earnings for the first six months of this year [...]Special Economic Zones Authority launches Web Portal
The Special Economic Zones(SEZ) Authority has unveiled a web portal to boost communication, transparency, and services to current and potential investors within the zones. With support from the International Finance [...]KEBS Bans Substandard Maize Meal, Fortified Flour Brands
Kenya Bureau of Standards(KEBS) has listed 12 maize meals and 15 composite flour brands that should not be sold to the public for failing to meet the required standards. The [...]EABL to Hold Virtual AGM Next Month
East African Breweries Limited (EABL) plans to hold its Annual General Meeting (AGM) on Tuesday 14th September through electronic means. The company has announced that it intends to change its [...]BAT Kenya Eyes New Export Markets
British American Tobacco (BAT) Kenya is eying new export markets, seeking to compensate for a dip in Kenyan sales. The firm targets South Sudan, Madagascar, and Djibouti with cut rag [...]
