Flowers Rot in Farms Over Standoff With Kenya Airways

Flowers Rot in Farms Over Standoff With Kenya Airways

A government policy that favours struggling national carrier Kenya Airways (KQ) against its cheaper competitors to transport fresh produce to other countries continues to hurt other exporters. They have complained about the lack of capacity on KQ to ferry their produce and the airline’s expensive airfreight charges. They now fear they could be forced in […]

CMA bars ailing companies from share buybacks

CMA bars ailing companies from share buybacks

The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]

CMA bars ailing companies from share buybacks

CMA bars ailing companies from share buybacks

The Capital Markets Authority (CMA) has barred listed firms with negative equity from rolling out share buybacks, locking out cash-strapped companies from the process largely applied to correct perceived undervaluation of stock. The regulator has ruled that directors of the companies which intend to repurchase stock from the market should ensure “assets … are equal […]

Rwanda: Performance of Rwanda Media Development Indicator Drops

Rwanda: Performance of Rwanda Media Development Indicator Drops

The Rwanda Media Barometer (RMB) 2021 has indicated that the media development and professional capacity indicator scored 62.4 per cent, the least performance compared to other indicators it considered. This media development and professional capacity performance implies a 10 per cent drop compared to the previous RMB which was published in 2018 in which it […]