Markets | The East African Business Mirror
Thursday, November 24, 2022
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Traders fear Kenyan goods could face stiff competition in AfCFTA

Kenya’s manufacturers are worried about losing out on the benefits of the African Continental Free Trade Area (AfCFTA),...

Kenya banks on Iran for tea sales as Pakistan cuts imports

Kenya is considering increasing its tea export share to Iran and other countries in Asia to cover for...

IMF wants M-Pesa shielded in CBK digital shilling plan

The International Monetary Fund (IMF) has recommended special safeguards for M-Pesa and banks from unfair competition by the...

Tax disputes, trade wars headache for new EABC board

The East African Business Council (EABC), which last week elected a new executive committee, says it will expedite...

Buganda’s Shs 157b budget to focus on cooperatives

The three key revenue drivers were, land rentals and premiums, government payment towards debt, and kingdom-affiliated Saccos.  Buganda Kingdom...

Ukraine conflict cuts tea exports to Russia by 74pc

The Ukraine war cut the tea exports to Russia by more than half a billion in March, highlighting...

Crypto market meltdown linked to sell-offs triggered by inflation

The cryptocurrency market witnessed one of the worst meltdowns last week, with the total market capitalisation falling by...

Africa unveils new platform to cushion countries from Ukraine crisis shocks

African countries will be able to jointly procure basic commodities, whose supply has been affected by the Ukraine...

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