Tag "World Bank"

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Business highlights – November 14, 2017

Kenyan startups compete with rival innovators at World Bank’s Digital Acceleration Program Twenty of the most promising African digital start-ups are taking part in the XL Africa residency, the flagship initiative of

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Afternoon business highlights – November 1 2017

Kenya ranked 3rd most reformed country in Sub Saharan Africa Kenya has moved up 12 spots to rank at number 80 in a survey dubbed the 2018 World Bank Global

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Business highlights – October 31 2017

Flour shortage looms as supplies dwindle Three ships carrying the last batch of 1.1 million bags of subsidised maize docked at Mombasa port last week and flour is expected to

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Business highlights – October 12 2017

Government urged to improve urban infrastructure or face imminent congestion crisis The World Bank Group has urged Kenya’s government to invest in urban infrastructre or risk facing an otherwise unstopable congestion

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Business highlights – Trade Ministry opens Ksh618 million lingerie factory in Athi River

Indian hospitality firm to open low-cost Sarovar Hotel in Nairobi Sarovar, a Mumbai-based hospitality company, plans to open its first-ever budget hotel under the Hometel brand in Nairobi The upcoming

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Business highlights – Wealthy Nairobians unfazed by high commodity prices as number of poor Kenyans continues to rise

Sugar prices likely to rise as cane poaching and drought put Nzoia Sugar on the brink of collapse Nzoia Sugar Company in Bungoma County faces collapse due to a sugar

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Increased policy uncertainty, maturing global value chains weakened trade growth in 2016, World Bank says

Kenya witnessed the lowest trade volumes in 2016 since the Global Financial Crisis Some cyclical factors, notably slow global growth and low commodity prices also contributed to the slow paced

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Tea earnings likely to surpass last year’s revenue as sector grapples with ongoing dry spell, KTDA confirms

KTDA is optimistic that this years’ tea earnings will supersede that of 2016 The appetizing results is as a result of the unique KTDA structure which has shielded external political

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Reducing fishing habits will boost revenue, improve food security, says World Bank

Lake Turkana’s water levels have dropped about 1.5 meters in the past two years The organization recently confirmed that the shoreline has receded as much as 1.7 kilometers in one

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Business highlights – ERC threatens to shut down 500 petrol stations over safety and quality standards

ERC threatens to shut down 500 petrol stations over safety and quality standards   More than 500 petrol stations across the country are facing closure after they were found in

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