The ever-rising smuggling of counterfeit products in the manufacturing industry has forced both Eveready and Cadbury companies to shut down and relocate to other countries.
Philips has rolled out an initiative to highlight the existence of counterfeit products in Kenya in-order to create awareness and educate consumers on how to identify original appliances.
Kenya could "leapfrog" ahead in the rankings of a World Bank survey on ease of doing business thanks to a drive to cut red tape, a leading business group said, after a relatively disappointing result this year.
CFC Life Insurance has re-branded itself to Liberty Life.
Jack Ma, founder of e-commerce giant Alibaba, is China's richest person with a fortune of nearly $20 billion, as billionaires increase despite a slowdown in the country's economy, Forbes magazine said.
28 October 2014, 12:36
Kinangop MP, Stephen Kinyanjui Mburu has made a U-turn on the intended construction of a multi-billion shilling Wind Park project in his constituency, which he has been opposing.
28 October 2014, 07:00
Kenya will host an international investment conference with the aim of encouraging more global investors to take up business opportunities in the country.
27 October 2014, 15:04
Dairy farmers across the country have written a petition to the National Assembly’s Agriculture, Livestock and Co-operatives committee challenging the Government’s plan to privatise the New KCC.
27 October 2014, 10:36
East African Portland Cement posted a net loss of 386 million shillings ($4.32 million) for the year ended June 30, saying it had been hurt by price competition, high staff costs and the weakening shilling.
27 October 2014, 09:43
Global development lenders pledged more than $8 billion to boost economic growth and reduce poverty in eight countries in the Horn of Africa.
27 October 2014, 07:19
East African governments' efforts to engage major oil companies which are fully equipped to deploy modern and versatile petroleum exploration technologies is boosting oil and gas discoveries.
26 October 2014, 09:25
Tanzania and China have signed investment deals to build a $1 billion satellite city and $500 million financial centre in the commercial capital Dar es Salaam, the latest sign of Beijing's deepening ties with East Africa.
25 October 2014, 08:26
Somalia said it was reviewing several oil and gas deals that U.N. investigators say lack transparency and risk hindering development of the country's energy industry.
24 October 2014, 07:26
Zambia plans to export 850,000 tonnes of maize to neigbouring countries after producing its bigggest harvest on record.
23 October 2014, 08:44
Kenya Power reported a 55 percent jump in its full-year pre-tax profits to 10.2 billion shillings driven by increased sales of electricity, higher tariffs and reduced loses due to improvements in the power grid.
22 October 2014, 14:20
Airtel has partnered with the Kenya Revenue Authority (KRA) to offer Kenyans an opportunity to pay their taxes through Airtel Money.
22 October 2014, 12:24
Kenya Airports Authority and Dufry have signed a Concession Agreement for development and management of Duty Free Retail Services under a Single Master License at Jomo Kenyatta International Airport (JKIA).
21 October 2014, 13:03
The International Monetary Fund (IMF) has warned African countries against rushing to issue Eurobonds, saying they may face exchange rate risks and problems repaying debts.
20 October 2014, 18:12
Taipan Resources, the multinational firm, announced an increase in prospective resources on Block 1 Kenya.
18 October 2014, 09:47
Africa's under used gas reserves, either exported or burnt away into the sky, are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies and small-cap energy firms.
17 October 2014, 08:24
Kenya is currently in discussions with the European Union (EU) in order to get a refund on duties paid for the country's exports to the EU since Oct. 1.
16 October 2014, 13:02
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump the region's new oil bonanza to the coast for export.
16 October 2014, 10:03
Airtel has launched a mentorship program for Mukuru Promotion Centre, St. Bakhita Primary School in Nairobi.
15 October 2014, 08:20
The government said talks between the East African Community (EAC) and the European Union on the new Economic Partnership Agreements (EPAs) have been concluded and the deal has been signed.