The United Kingdom market closed higher on Thursday (on 7 th May 2020) before the bank holiday on 8 th May 2020. The market sentiments were encouraging with China’s export data. Meanwhile, the Bank of England indicated the worst economic slump in over 300 years. As the COVID-19 mayhem has significantly impacted economic conditions and […]
Times are turbulent for airlines right now. Many are in the process of massive layoffs or have asked their staff to take unpaid leave in order to slow the rate of cash burn. Most would agree that ‘good leadership’ is one that leads by example. To that end, here is a list of airline CEOs […]
Meru County — For many farmers in Kenya, a bout of prolonged rain and flooding, as the East African nation has experienced since March, can wipe out a whole season of crops. But for herb grower Silas Mutuma, heavy rains often mean a year of solid profits. Mutuma, the managing director of herb exporter Jambofresh […]
A second flight carrying Kenyans who were stranded in the United Kingdom amid the Covid-19 pandemic has left London for Nairobi. The Kenya Airways (KQ) chartered flight departed London’s Heathrow Airport on Friday afternoon, according to Kenya’s High Commissioner to the UK Manoah Esipisu. Kenya High Commission in London in a statement early this week […]
Border closures and plummeting demand have put a strain on Kenya’s key export sectors, but the country’s sizeable tea industry has seen little of the disruption caused by Covid-19 to other sectors. Tom Collins reports. Covid-19 is testing the Kenyan economy, and the projections are grim. The Central Bank of Kenya (CBK) has cut this […]
Kenya Airways raked in Sh214 million from its cargo business in the month of April 2020. This comes after the government banned all international passenger flights on March 22nd as part of the measures to contain the spread of Covid-19 in the country. In April alone, the national carrier made 53 cargo flights to various […]
Dar es Salaam . Tanzania yesterday reopened its airspace to both scheduled and non-scheduled international flights following its closure last month in the wake of the Covid-19 outbreak. The decision came a day after President John Magufuli directed Works, Transport and Communication minister Isack Kamwelwe and his Tourism counterpart Hamisi Kigwangalla to allow aircraft to […]
Rosemary, a herb added as a flavour to foods and believed to have health benefits. By Caroline Wambui, Thomson Reuters Foundation Despite heavy rains bringing a good harvest, producers have seen orders dive because of Covid-19 lockdowns in Europe and North America. For many farmers in Kenya , a bout of prolonged rain and flooding, […]
NSE market watch board at Nairobi securities Exchange in Nairobi. [Jonah Onyango/Standard] Business Covid-19 has dashed all hopes of recovery this year after one of the worst economic slowdowns in recent history. While 2020 is by all indications likely to be the worst year for the global economy in history in the wake of the […]
The African Exchanges Linkage Project (AELP) is a joint initiative of the African Securities Exchanges Association (ASEA) and the African Development Bank (AfDB). Together, the two institutions wish to promote cross-border trading and liquidity in Africa’s markets by linking seven pilot exchanges in Africa, namely: 1. Bourse Régionale des Valeurs Mobilières 2. Casablanca Stock Exchange […]
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