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Kenya
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Unilever starts sale of tea business unit after restructuring, seeks to divest from Kenya’s Limuru Tea
KENYA – Multinational consumer goods company, Unilever is seeking to divest from its Kenyan tea subsidiary, Limuru Tea, to a new owner Holdco UK Limited…
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Kenyan retailer QuickMart fuels expansion plans, opens 46th outlet
KENYA – QuickMart, Kenyan retailer majority owned by Mauritius-based private equity firm Adenia Partners, has opened a new branch in Kisii town as part of…
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Kenyan rice farmers to benefit from newly installed rice mill by Lake Basin Development Authority
KENYA – The Lake Basin Development Authority of Kenya has purchased a new rice milling equipment for the Lake Basin Rice Mill in Kisumu County…
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Kenya’s tea export volumes increase by 19% despite decline in production
KENYA – Kenya’s tea production in the half-year to June 2021 declined by 26 million Kgs compared to the corresponding period last year on the…
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Unga Group benefits from past business dealings increasing its full year profit by 344%
KENYA – Kenya’s leading milling company, Unga Group Plc, has seen its full-year profit for the year ended June 2021 grow by three-fold to Ksh.293.5…