Africa is Losing Billions Exporting Cocoa, Gold, and Cashews Unprocessed
Africa is losing out on billions of dollars each year by shipping out raw cocoa, gold, and cashews instead of turning them into chocolate, refined bullion, and packaged nuts, experts [...]
Kenya's Vehicle Assembly Up 16% in H1 2025, EV Projects Boost Recovery
Kenya’s vehicle assembly sector has recovered from two years of declining half-year output, with 6,723 units assembled in the first half of 2025, up 16.4% from 5,778 units in H1 [...]
Crown Paints H1 Profit Jumps 483% to KSh 437M on Higher Sales
Listed paint manufacturer, Crown Paints PLC, has posted a 483% spike in net profit to KSh 437 million from KSh 75 million for the same period in 2024, lifting earnings [...]Kensta Group to Manufacture Sanitary Pads In Uganda After Norwegian Backing
Kensta Group, the Kenyan-based printing and packaging business, is expanding into sanitary pads manufacturing with a new production facility in Uganda. “This investment marks a transformative chapter for our company. [...]Factories in Crisis, Hospitals in Distress as CEOs Warn of Uneven Recovery-CBK Study
Kenya’s economy may be on the mend, but two critical sectors-manufacturing and health-are buckling under financial strain, threatening to drag down the broader recovery, a new Central Bank of Kenya (CBK) survey [...]Proctor Allan Loses Bid to Block KCB Takeover
The High Court has thrown out a case by breakfast cereals processor, Proctor Allan (EA) Ltd, that sought to halt KCB Bank’s takeover of the company through receivership, ruling [...]Court Rules Bottles Are Not Raw Materials in KSh 15.7mn London Distillers' Tax Case
Diageo Eyes KSh 258Bn EABL Sale Amid Broader Africa Exit Strategy
British multinational alcoholic beverage company Diageo Plc has launched a review of its majority stake in listed brewer East African Breweries Ltd. (EABL), according to a report by Bloomberg. The [...]Sugarcane Price Hike to Squeeze Millers' Margins Further
The government has increased the minimum price of sugarcane effective to Kshs. 5,750 per tonne, a Kshs. 250 increment from the previous Kshs. 5,500, which was set in the last hike just [...]BAT Kenya Doubles Dividends on Flat Revenue, Flags Impact of Counterfeits
British American Tobacco Kenya (BAT Kenya) has reported its half-year results for the period ended 30 June 2025, highlighting a sharp divergence between shrinking sales, rising profits, and an unprecedented [...]SKL Debuts on Nairobi Bourse at KSh 5.90, Eyes Expansion in Packaging Sector
Shri Krishana Overseas (SKL) has officially listed on the Nairobi Securities Exchange (NSE) under the ticker $SKL, with its shares debuting at KSh 5.90 per share. Listing on the NSE's SME Market [...]Rivatex Teeters as Sales System Collapses, Losses Deepen Ahead of AGOA Expiry
Rivatex East Africa Ltd, a state-owned textile manufacturer once hailed as a cornerstone of Kenya’s industrial revival, is facing mounting financial strain amid serious revenue integrity concerns and rising losses, [...]
