Tag: Domestic market

Kenya bans sugar imports to protect domestic industries

In a move by the Kenyan Government to boost the agriculture sector and curb influx of cheap sweetener in the domestic market, the country has banned sugar imports with immediate effect and suspended trading licences. Nick Kwolek, Founder of KwolCo joins CNBC Africa for more.

South Africa’s Vodacom reports 8.9% jump in full-year earnings

South African mobile operator Vodacom Group reported a 8.9% rise in annual earnings on Monday, buoyed by an improved second half performance in its domestic market and the sustained growth of its international businesses.