Congo is losing $750 million of all mining revenue due to corruption – Africa Business RoundUp
Africa News
In a report published on Friday, Global Witness said at least $750m paid by companies to the Congo’s tax agencies
By David Indeje
·Month: July 2017
Market turnover at the Bourse records 19.6pc decline
Stock Watch
By Amina Faki The NSE 20 and NASI indices gained 0.47 percent and 0.64 percent to close at 3,700.44 million shillings and 155.30 million
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Bidco Africa: Creating opportunities for Kenyan youth in agriculture
Investment
Leading consumer goods manufacturer Bidco Africa, has embarked on initiatives for Kenyan youth to be involved in agricultural value chain.
By David Indeje
·BAT Appoints Three Directors in Bid to Close Reynolds Acquisition Deal
Market News
By Amina Faki British American Tobacco PLC Company (BAT) has appointed appointed three independent non executive directors into its board
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Agency urged to toughen laws on counterfeit in the manufacturing industry
Market News
By Amina Faki The Anti-Counterfeit Agency (ACA) has been asked to toughen laws and penalties on counterfeiting as it poses
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Five Kenyan startups to compete for Sinapis Group one million prize
Entrepreneur's Corner
Sinapis Group,a business accelerator program has announced five Kenyan startups who will battle it out to win Kshs 1,000,000 capital
By David Indeje
·KRA misses Treasury’s revenue target by KSh50B FY2016/17
Market News
The Kenya Revenue Authority (KRA) has missed its target by KSh 50 billion (9 percent) collecting KSh1.365 trillion in the
By David Indeje
·Yields on Kenya’s Treasury bills dip at weekly auction
Stock Watch
Interest rates on short-term Treasury bills, 182-day, 364-day T-bills and 91-day fell in Thursday’s auction. The Central Bank of Kenya
By David Indeje
·CBK digs deeper into dollar reserves to bailout a weakening shilling
Stock Watch
By Amina Faki The Kenya Shilling depreciated against the US Dollar on Thursday to close at 103.0 shillings from Wednesday’s
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Kenyan Govt plans to let go its shareholding in Uchumi Supermarkets
Market News
The government will exit from Uchumi Supermarkets (NSE: UCHM) once the retailer stabilises under the ongoing restructuring plan. This is
By David Indeje
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