The latest decision by the National Bank of Ethiopia (NBE) to reduce the surrender requirement from 70/30 to 50/50 percent for local exporters is an encouraging move to boost the sector, leaders of exporters associations said.Recall that NBE issued rec…
A Brazilian company engaged in sugar processing expressed its desire to start business in industrial parks in Ethiopia.The company announced its interest when the representative had a discussion with Chief of Staff of the Ethiopian Industrial Parks Cor…
Minister of State for Economic Coordination José de Lima Massano announced Wednesday in Johannesburg, South Africa, that the Angolan Government will set, in the coming weeks, minimum prices for certain products, as part of the strategy to ensure food s…
Maasai bead traders have made a lifetime fortune during the ongoing Maa Cultural Festival at Sekenani Gate, Maasai Mara National Reserve.The bead traders who spoke to KNA confessed to minting millions of shillings from the thousands of international a…
Kenya’s competition regulator has fined nine steel companies a record amount for price fixing.The fines comes to a total of 338m Kenyan shillings ($2.3m, £1.8m) – with Corrugated Steel getting the largest penalty of 86.9m Kenyan shillings.The Competiti…
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Kericho: Kericho County Assembly Speaker Dr. Patrick C. Mutai, on Saturday evening, joined grieving family members, friends, and residents of
Kisumu: Chaos and political recriminations overshadowed the burial of the father to Seme Member of Parliament (MP) James Nyikal in
Kedowa: Kipkelion East Member of Parliament Joseph Cherorot has lauded quarry workers in Kedowa for their resilience and contribution to
