Economy

Young Kenyans Encouraged to Pursue Barista and Mixology Studies to Meet Growing Global Demand

Kenyan youth are being encouraged to explore barista and mixology studies to meet the increasing demand for professionals both locally and globally. The founder of the Worthstart Barista and Mixology Institute, Zoey Naik, issued this challenge during the graduation of 43 trainees. Naik urged more young individuals to enroll in …

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Equity Bank Kenya Recognized as Global Leader in Climate Financing by IFC

Equity Bank Kenya has been acknowledged as the top global performer by the International Finance Corporation (IFC), a member of the World Bank Group, in the 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting. Out of 258 participating financial institutions worldwide, Equity Bank reported the highest number …

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Carrefour Fined Ksh.1.1 Billion For Exploitative Practices Against Suppliers

The Competition Authority of Kenya (CAK) has imposed a Ksh.1.1 billion fine on the French retail chain Carrefour for the misuse of its buyer power in relation to suppliers. In a statement released on Tuesday, CAK revealed that the supermarket chain, operated by UAE-based Majid al-Futtaim, was found to have …

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Revival Of Nzoia Sugar Company Brings Relief To 67,000 Farmers

The Nzoia Sugar Company factory has resumed its operations, providing relief to more than 67,000 sugarcane farmers who have faced challenges due to its prolonged shutdown. The revival of this once influential milling plant follows a government directive and a period of inactivity caused by a shortage of cane. Acknowledging …

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