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Local sugar production slumps to four-year low on cane shortage

Nairobi, Feb. 16 -- Sugar production by Kenyan millers fell by 40 percent in 2023 - a four-year low- due to sugarcane shortages putting pressure on prices of the sweetener. Data from the Kenya Nation... Read More


Airtel, ATC under Comesa watchdog probe over towers deal

Nairobi, Feb. 16 -- The Comesa watchdog has launched investigations into alleged anti-competitive conduct by telecommunication firms American Tower Corporation (ATC) and Airtel Africa. The Common Mar... Read More


Airtel, ATC under Comesa watchdog probe over towers deal

Nairobi, Feb. 16 -- The Comesa watchdog has launched investigations into alleged anti-competitive conduct by telecommunication firms American Tower Corporation (ATC) and Airtel Africa. The Common Mar... Read More


East African IDs under attack as 'digital' identity fraud shoots up

Nairobi, Feb. 12 -- Attempts to fake East African identification documents during registration of online financial service firms surged to a record high last year as fraudsters turned to digital ident... Read More


CEOs signal higher pay for employees in talent wars

Nairobi, Feb. 12 -- Talent management and reward strategy is now the top priority for Kenyan CEOs, laying the ground for talent 'battles' that will likely lead to improved wages and working terms for ... Read More


Safaricom parent faces Sh170bn bill in suit

Nairobi, Feb. 8 -- A South African man could receive up to Sh170 billion from Safaricom's parent company, Vodacom, as compensation for his innovation of the 'Please Call Me' (PCM) service used in Keny... Read More


Treasury faces uphill task of raising Sh2trn in six months

Nairobi, Feb. 7 -- The government faces pressure to raise Sh2.226 trillion in revenue in the six months to June this year, an analysis by a public-funded think-tank showed after it only collected Sh1.... Read More


S&P backs Kenya's Sukuk bond plans

Nairobi, Feb. 5 -- Global credit ratings agency Standard and Poor's (S&P) has exuded confidence that Kenya's plans to tap into Islamic financing to raise money to repay the Eurobond maturing in June t... Read More


UK guarantees Kenya $59m loans for electricity lines

Nairobi, Jan. 28 -- The United Kingdom will guarantee up to $59 million of the loan Kenya is set to receive from the African Development Bank (AfDB) to improve transmission lines to boost the country'... Read More