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Boost for Kenya tea exporters as Tanzania lifts imports ban

Nairobi, Feb. 16 -- Tanzania has reversed its decision to suspend imports of tea, presenting a window for Kenyan traders to resume exports to the neighbouring country. In a memo on Wednesday, the Tea... Read More


KenGen pays Sh545m private shareholders dividend

Nairobi, Feb. 16 -- Electricity producer KenGen has paid its private shareholders a first and final dividend of Sh0.3 per share totalling Sh545.21 million for the financial year ended June 2023. The ... Read More


Petrocity, Spiro ink battery charging deal targeting electric car users

Nairobi, Feb. 16 -- Electric vehicles infrastructure firm Spiro has inked a deal with Petrocity that will see it set up battery swapping stations at the oil marketer's outlets. Swapping stations allo... Read More


Maize prices fall 12.7pc on better local harvests

Nairobi, Feb. 14 -- Maize prices dropped by 12.7 per cent last year, driven by improved local harvests courtesy of good weather, and the fertiliser subsidy programme. Data from the Kenya National Bur... Read More


Kenya's power imports from Uganda rise 18pc in January on high demand

Nairobi, Feb. 13 -- Kenya's electricity imports from Uganda increased 18.4 percent in January, fuelled by a bigger demand. Data from the Energy and Petroleum Regulatory Authority (Epra) shows that Ke... Read More


Cane supply to factories rises steadily as ban ends

Nairobi, Feb. 13 -- The volume of sugarcane delivered to factories for milling more than doubled in December compared to the previous month, coinciding with the end of a four-month ban on the producti... Read More


Cooking gas prices up marginally despite value-added tax cut

Nairobi, Feb. 13 -- The price of cooking gas increased by 1.7 percent over last year amid a rally in global prices and a weak shilling which negated the tax cut on the product. A 13-kilogramme filled... Read More


Kenyan exports fall marginally on subdued global demand

Nairobi, Feb. 12 -- Kenya's exports declined 2.2 percent in 2023 despite a weaker shilling, which increases the earnings of exporters when they convert their income into local currency. The Central B... Read More