Financials & Economy
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Duty-free imports arrival helps tame high sugar prices in Kenya
KENYA – In a welcome relief for consumers, sugar prices in Kenya experienced a notable drop in August, marking the first decline in two months.…
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Chocolate prices could rise further amidst concerns of cocoa crop shortage
GHANA/IVORY COAST – The world could see further increases in chocolate prices as concerns mount over a potential cocoa crop shortage in Ghana and Ivory…
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Zimbabwe’s dairy sector thrives as milk production surges by 13%
ZIMBABWE – Zimbabwe’s dairy industry is experiencing a remarkable growth, with August witnessing a significant 13% increase in national raw milk production compared to the…
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Tongaat Hulett’s investors face bleak prospects as creditors take priority in business rescue
UGANDA – Investors in Tongaat Hulett are grappling with a harsh reality as the business rescue practitioners confirm that there’s little hope of them receiving…
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Tea Board of Kenya announces new regulations aimed at curbing illegal tea trade
KENYA- The Tea Board of Kenya (TBK) has announced a new set of rules that the regulator hopes will solve the perennial issue of illegal…