Kenyan tea firms post mixed results

Profits halve at Kenya's Kakuzi as tea, avocado turnover drops

Kenyan agricultural firm Kakuzi Ltd said its pretax profits halved in 2013.

Kenya's first budget carrier Jambojet targets bus travellers

Kenya's first budget airline aims to carry 600,000 passengers in its first year and triple that within four years.

Islamic banking hits Kenyan shores

Standard Chartered (StanChart) Bank in Kenya launched Saadiq on Tuesday, their first Islamic banking offering.

Uganda to announce oil refinery investor in July

Uganda will announce the lead investor and operator for its planned oil refinery in July.

Kenya govt to shave down slice of public sector wage bill

President Uhuru Kenyatta plans to slash public servants’ wages in an effort to allocate more funding to the country’s development.

Burundi sets the bar with thorough tax system

The Burundi Revenue Authority has set the benchmark in the continent as an effective and accountable taxation authority.

Kenya reels in support for local film industry

Kenya’s film industry is expected to gain significant momentum in the next few years following growing support from government.