Ian Fernandes, former CEO of Mediamax Networks, MD of Nation Broadcasting and Digital and MD of KTN has been appointed to the Board of Engage BCW, a Kenyan Public Relations and Communication agency. With his addition to the Engage BCW Board as Executive Director, Ian is expected to add value to the PR agency as […]
Data by the Ministry of Industrialisation shows the number of registered companies in Kenya stands at over 310,000 Out of the figure, only 65 are listed at the Nairobi Securities Exchange (NSE) Safaricom tops the list of the richest companies in Kenya followed closely the East African Breweries Ltd Data by the Ministry of Industrialisation […]
One of the few remaining tobacco farmers in Busangwa village in Hoima prepares the tobacco leaves for drying. PHOTO | MORGAN MBABAZI | NMG At the peak of production in 2013, tobacco leaf was one of Uganda’s biggest foreign exchange earners, raking in $120 million in exports revenue and employing over 75,000 farmers who were […]
Kenya Airways Boeing plane at the Jomo Kenyatta International Airport. FILE PHOTO | NMG Boeing says Africa’s strong, long-term growth prospects for commercial aviation are closely tied to the continent’s projected three percent annual economic growth over the next 20 years. The US-based manufacturer also notes that the continent will require aftermarket services such as […]
A Kenya Airways plane. FILE PHOTO | NMG Kenya Airways (KQ) and its partners have been accused of commercial collaborations that amount to monopolistic practices on the routes they control, according to a report by Africa’s regulatory agencies. KQ has commercial agreements and joint ventures with Tanzania’s Precision Air and Europe’s Air France and KLM. […]
A Kenya Airways plane. FILE PHOTO | NMG Kenya Airways (KQ) and its partners have been accused of commercial collaborations that amount to monopolistic practices on the routes they control, according to a report by Africa’s regulatory agencies. KQ has commercial agreements and joint ventures with Tanzania’s Precision Air and Europe’s Air France and KLM. […]
A clinker is offloaded at the Port of Mombasa on August 16, 2020. PHOTO | WACHIRA MWANGI | NMG In a report dated September 2021, the National Independent Clinker Verification Committee noted that an increase in duty on imported clinker is likely to have a trade redirection in favour of Egypt. In 2020, the supply […]
Kenya’s Parliament approves deal which will allow Kenya Airways to access US routes and American carriers to access the Kenyan market. PHOTO | FILE | NMG Kenya’s Parliament has approved a new deal, which will see Kenya Airways expand its route network in the US beyond New York. MPs on Thursday voted to endorse the […]
Tech giants are lining up billions of shillings to pump into Africa with eyes on the millions of people expected to join them over the coming years. PHOTO | FILE | NMG Last week, global internet giants Google and Facebook laid down their infrastructure investment strategies in plans that will see hundreds of billions poured […]
Kenya Airways Boeing plane at the Jomo Kenyatta International Airport. FILE PHOTO | NMG Boeing says Africa’s strong, long-term growth prospects for commercial aviation are closely tied to the continent’s projected three percent annual economic growth over the next 20 years. The US-based manufacturer also notes that the continent will require aftermarket services such as […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.