Tea Auction Records Slight Increase in Prices
Theweekly MombasaTea Auction held on 26th and 27th, and 28th April 2021 had 12 million kilograms of tea offered for sale. The amount on offer decreased from 12.3 million kilograms [...]
Kenya Tanzania Lift Barriers on Cross Border Trade, Ink Gas Pipeline Deal
Kenya and Tanzania have agreed to lift barriers on cross border trade, which has hindered the smooth flow of people and trade between the countries. Therefore, a joint team of [...]World Bank Approves $380 Million for Malawi Mozambique
Through the International Development Association (IDA), the World Bank has approved $380 million in financing to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop [...]Kenya, US Seek to Strengthen Relations
President Uhuru Kenyatta yesterday held talks with Antony Blinken, the US Secretary of State who advises the US President on foreign policy matters. It is the first meeting with select [...]
Carrefour Supermarkets Cleared of Abuse of Buyer Power by Tribunal
Carrefour Supermarkets has been cleared of accusations that it engaged in abuse of buyer power against Orchards Limited-a a limited liability firm primarily involved in the dairy processing business. This [...]
The Suez Canal Blockage Costing Global Trade $9.6 Billion Daily
A large container ship on Tuesday this week blocked ship traffic in the Suez Canal after getting stuck sideways within the canal. According to media reports from the scene, attempts [...]
Kenya UK Trade Agreement Now Operational
Kenya's trade agreement with the United Kingdom is now operational after both sides' officials completed the ratification process. Kenya aims to enhance its market share in the UK by 5% [...]Equity Group signs KSh 8.25 Billion deal with AGF to support MSMEs
Equity Group has signed an agreement worth US$ 75 Million (KSh 8.25 Billion) with African Guarantee Fund (AGF) Group to support the Bank scale up its lending activities to Micro, [...]Kenyan Mangoes to re-enter EU in September as fruit fly is suppressed
Kenya will resume its mango exports to the European Union (EU) in September this year. This follows the EU's tests, which showed low fruit fly infestation levels, allowing Kenya's re-entry [...]Maize imports from EAC to Kenya to comply with Tougher Rules
Maize imports from the East African Community(EAC) member countries will have to meet stringent sanitary standards before entering the Kenyan market. Contrary to reports that Kenya had banned all maize [...]UK-Kenya Trade Deal finally ratified by both countries
The Kenya-UK post-Brexit trade agreement has received approvals from lawmakers of both countries, ending months of anxiety between the business community in Kenya and the UK. When the trade deal [...]TMEA Signs KSh1.38 Billion Financial Agreement with Finland
TradeMark East Africa (TMEA) has signed aKSh1.38billionfinancial agreement with Finland, seeking to support regional trade and the fight against the global coronavirus pandemic. Through this funding, TMEA will be able [...]
