Kenyan craft beverage maker African Originals has received $1 million (Ksh130 million) in fresh funding from Phoenix Beverages Ltd (PBL), the Mauritian drinks company that invested in the business two
Kenyan craft beverage maker African Originals has received $1 million (Ksh130 million) in fresh funding from Phoenix Beverages Ltd (PBL), the Mauritian drinks company that invested in the business two
Africa Logistics Properties Holdings (ALPH) has launched the ALP Industrial Real Estate Investment Trust (ALP REIT) following approval from the Capital Markets Authority, offering investors a USD-denominated income REIT with
The Central Bank of Kenya (CBK) has publicly endorsed the government’s proposed sale of a 15 percent stake in Safaricom to South Africa’s Vodacom Group, affirming that the transaction is unlikely
Organisers, brokers and buyers at the regional tea auction in Mombasa have been directed to deposit cash proceeds from sales directly into the bank accounts of 54 Kenya Tea Development
Several Kenyan counties — Tana River, Trans Nzoia, Busia and Elgeyo Marakwet — have failed to implement the transition from a cash‑based to an accrual accounting system for public finances,
Kenya is among the top African countries in collecting environment‑related tax revenue, driven mainly by transport and energy levies rather than pollution or natural resource taxes, according to revenue data
The High Court of Kenya has declared unconstitutional the creation of President William Ruto’s advisory offices and voided the appointments of the 21 individuals serving in those roles. The ruling
Copia Kenya has announced a major restructuring aimed at securing new capital and stabilising operations amid tough market conditions. The ecommerce and fintech firm has appointed KPMG partners Makenzi Muthusi
South Africa’s Nedbank Group has moved to acquire a controlling stake in Kenya’s NCBA Group PLC in a transaction valued at about $856 million. The proposed purchase of roughly 66
East African Breweries Limited (EABL) can proceed with regulatory approval processes for the proposed sale of Diageo’s controlling stake to Japan’s Asahi Group. The High Court of Kenya ruled that