PHOTO | File West Valley Sugar Company has commenced sugar milling operations in Kericho County with a daily milling capacity of 1,250 tonnes. The Ksh 2.8 billion Kericho County-based factory which is a subsidiary of Kipchimchim Group, said it targets to source sugarcane from farmers in targeting cane farmers from Kericho, Nandi and Nyando regions. […]
The Ministry of Investments, Trade and Industry has hiked farmgate prices of cotton by 25pc with immediate effect. Farmers in cotton-growing areas will now be paid Ksh 65 for a kilogram of cotton from the current Ksh 52 per kilogram by ginneries in the country. According to Industry Principal Secretary Dr Juma Mukhwana, the new […]
The government has extended Ksh 175.9 million to the first group of small and medium enterprises under the Kenya Industrialisation and Enterprise Project (KIEP) 250+. Each of the 23 SMEs from Cohort 1 of the project is expected to receive at least Ksh 7.7 million to help them enhance innovation, technology adoption, productivity, and international competitiveness. […]
African Union meeting in session to deliberate on the report proposal The African Union has supported a report calling for a total ban of trade in donkey skins to save the animals from extinction. The report was adopted during the Specialised Technical Committee (STC) on Agriculture, Rural Development, Water, and Environment’s 5th Ordinary Session, which […]
The Ministry of Agriculture and Livestock Development has come up with a raft of measures in reducing the use of agrochemicals in protecting food systems. Speaking during the launch of the Kenya Food Systems and Land Use Action Plan 2024-2030, Principal Secretary for Crop Development and Research Paul Ronoh said there is need to maximize […]
Deputy President Rigathi Gachagua Deputy President Rigathi Gachagua is expected to lead government delegation for the Consumers International Global Congress which kicks off today in Nairobi today. The Global Congress which is held every four years brings together the consumer movement with leading influencers from across business, civil society and academia to in order to […]
Bluewave Insurance Agency is gearing up for a strategic relaunch and regional expansion in Africa. Bluewave microinsurance digital system offers low-income users easy access to an array of insurance products while leveraging mobile technology to cut down overheads and operational costs. This further significantly reduces the insurance premiums compared to what traditional companies charge for […]
Chair – Africa Group of Negotiators Ephraim Shitima The African continent will have three representatives on the yet to be formed board that will manage the loss and damage fund. The fund which is critical in financing climate related losses in the developing countries has so far received more that 700 million dollars in commitment […]
Smallholder tea farmers in Kiambu County are set to receive increased payment for every kilo of green leaf sold to Kenya Tea Development Agency from January next year. Kiambu County KTDA board member, David Muni said the increased pay is as a result of improved cash flows by the agency from the successful implementation of […]
PHOTO | BBC There is no evidence some investors profited from knowledge of Hamas’s attack on Israel before it took place on 7 October, the Israel Securities Authority (ISA) has said. One academic study had suggested investors betting against the Israeli economy made large sums. It said it found significant short-selling in the run-up to […]
Deputy President Rigathi Gachagua has commended the Competition Authority of Kenya (CAK) for its work in the protection of consumers in the country. However, the Deputy President told the government agency that it needed to do more particularly in raising public awareness to ensure the consumer is protected from unsafe practises. The DP singled out […]
George Soros, a renowned billionaire investor and philanthropist with a net worth of $6.7 billion, has announced his decision to pass on a substantial portion of his wealth to his son, Alex Soros. This monumental transition involves a transfer of $25 billion, an inheritance that will undoubtedly have significant implications for both the Soros family and […]
