China-Africa relations thrive on interpersonal ties of mutual dependence, obligations, and reciprocity that African elites tend to skew to their benefit at the expense of the public interest. Rwandan President Paul Kagame hosting Chinese President Xi Jinping. (Photo: paulkagame) Guānxì (关系) is a defining feature of how China cultivates its diplomatic partnerships. Guānxì is a […]
The footbridge intersecting the Nairobi Expressway at Bellevue, South C, Nairobi County. A report by the Chinese firm undertaking the construction of the Nairobi Expressway shows a Ksh7.6 billion cost increase from the Ksh65 billion figure initially announced by the Ministry of Transport. China Communications Construction Company (CCCC), the parent firm of China Road and […]
Directorate of Criminal Investigations (DCI) officers have seized over Sh60 million in fake United States dollars destined for Muscat, Oman. The consignment from a money-laundering syndicate that is under investigation was seized from a transport logistics facility located on Lusaka Road within Industrial Area in Nairobi. DCI sleuths raided the facility on Thursday after receiving […]
Express Kenya Plc will hold its 2021 Annual General Meeting (AGM) on Thursday 1st October 2021 by electronic means. For the latest key economic events use the free ECONOMIC CALENDAR
Kenya has been working since 2014 to establish the Nairobi International Financial Centre (NIFC), aiming to become a gateway for capital flowing in and out of Africa and to compete with Mauritius, Morocco and South Africa. PHOTO | FILE | NMG Efforts to establish the centre have met several hurdles over the years, delaying its […]
Kenya has been working since 2014 to establish the Nairobi International Financial Centre (NIFC), aiming to become a gateway for capital flowing in and out of Africa and to compete with Mauritius, Morocco and South Africa. PHOTO | FILE | NMG Efforts to establish the centre have met several hurdles over the years, delaying its […]
A son-in-law to the late billionaire businessman Chris Kirubi has been appointed to the board of Centum Real Estate, pointing to a possible ongoing re-organisation of the deceased tycoon’s empire. Centum Real Estate, a subsidiary fully-owned by the Nairobi Securities Exchange (NSE) listed Centum Investment Company, has appointed Andrew Musangi to sit on its board […]
Ongoing construction of the Nairobi Expressway in Kenya. Regional economies are borrowing more to plug deficits but economists warn the misuse of borrowed cash through wastage and corruption risks pushing countries into debt overhang. PHOTO | FILE | NMG East African finance ministers are walking a tightrope as they try to fix economies ruined by […]
NAIROBI, Kenya, Jan 28- Astrazeneca Company has been recognized as a top employer in Kenya by The Top Employers Institute for 2021. The company has also been ranked as a top employer in South Africa this year. The ranking follows the release of fresh data by the global institute, which ranked Becton Dickinson East Africa […]
Overall sentiment on African equity markets was bearish with 10 of the markets we cover losing grounds, 1 remaining flat, and 5 advancing in local terms this week. The downward trend on the BRVM continued for another week. The Western African exchange’s benchmark shed another 0.10% in a thinly traded week that saw XOF 339m […]
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