KTDA to pay small holder tea farmers 649 million

KTDA gives farmers Kshs 649M in dividends from non-tea profits

The Kenya Tea Development Agency has released Kshs 649 million as dividends from profits made by its subsidiaries to be distributed to smallholder farmers affiliated to its managed factories for the financial year ending...

Local industries upscaling production of personal protective equipment

The government has committed to support local producers of personal protective equipment to ensure they reach all parts of the country in the wake of the Coronavirus outbreak. Speaking during a tour of various industries...

Coronavirus: Experts warn of possible negative economic growth

Kenya is likely to register a negative economic growth this year due to the Coronavirus pandemic, experts have warned.  Ally Khan Satchu says with disruption in the export sector, declining tourism numbers and low diaspora...

President Kenyatta encourages farmers to continue production

President Uhuru Kenyatta has lauded all County Governments for waiving local fees for trade in food items.  Speaking in a state address on enhanced measures in response to Covid-19 on Monday, the President encouraged traders...

Jubilee Insurance to provide value-added services

Jubilee Holdings Limited (JHL) has embarked on a journey to increase insurance penetration in the region built around a focus on customer insurance needs at different levels of income and through the provision of...

Local banks urged to develop tailor-made financial products

Insufficient financial linkages is a constrain to the deepening of trade between Kenyan traders and their Chinese counterparts. Local commercial banks are now being urged to develop tailor-made financial products that will ensure small...

HassConsult urge gov’t to focus on low income earners

HassConsult wants the government to refocus its focus on the affordable housing agenda on the lower end market since the private sector has capability to meet demand for the high end market.  HassConsult Head...

20 counties sign MoU with National Government for development

Small townships would be formed in densely populated areas to house the populace under the affordable housing plan so as to leave room for agricultural activities. The plan that targets to check subdivision of...

Tea farmers to get Kshs16 per kilo in advance payments

Kenya Tea Development Agency has announced increasing by one shilling to 16 shillings per kilo in advance payment for farmers. However good weather has pushed up production with warehouses in Mombasa filled to capacity. This is...

KQ challenged to explore flying into more US cities

President Uhuru Kenyatta has challenged national carrier Kenya Airways to explore flying into more cities in the United States. President Kenyatta says the planned launch of direct flights between Nairobi and New York from...
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