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Economy & Politics
LAGOS: Dangote’s $450m sugar complex to create over 15k jobs
Dangote Group in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the…
Nairobi: Stanchart profit hits Kes4.98Bn
Standard Chartered Tuesday announced a pre-tax profit of Kes 4.98 billion for the first half of 2017 buoyed by…
Lagos: Allianz acquires Nigeria’s Ensure
Allianz Group announced today a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc.…
Deacons EA net loss widens to Sh180.4m
Fashion retailer Deacons East Africa has announced a net loss after tax of Sh180.4million for the first half of…
Rising cost of raw materials upsets Crown Paints profit
Paint manufacturer Crown Paints, posted half year profit before tax of Sh110.1 million for the period ended June…
Coca-cola bets on new brand to consolidate Kenyan market
Beverage Coca-Cola Thursday launched Coca-Cola Zero Sugar, in a bid to modify its brand portfolio and further…
Kenya’s inflation rises to 8.04 per cent in August
Kenya’s inflation rose to 8.04 per cent year-on-year in August from 7.47 per cent last month, the statistics office…
Bidco Africa picks Denmark’s CO-RO for new beverages business
Bidco Africa has partnered with Danish drinks giant CO-RO to roll out a new beverages business in Kenya.
The…
Value of African hotel market increased in 2016: Report
HVS, the global hospitality consulting firm and host of the THINC Africa conference, have launched their 2017…
Nairobi: Sanlam’s Kes2.7Bn Office Complex nearing completion
The ongoing construction works of Kes 2.7billion eco-friendly 18-storey office complex by financial services firm…