Top grade Kenyan coffee price jumps at auction
NAIROBI, Feb 22 (Reuters) – The top price of the benchmark Kenyan coffee grade AA rose to $600 per 50 kg bag at auction this week from $491 at the previous sale, the Nairobi Coffee Exchange said on Wednesday. Although the east African nation is a small producer compared with other regional growers such as Ethiopia and Uganda, its specialty beans More...
Mitumba traders threaten to quit Kenya
Traders dealing in used clothes commonly known as mitumba are crying foul over the move by Kenya Revenue Authority (KRA) to increase of import duty on second-hand clothes and delays at Mombasa port, which they claim, More...
Rwanda: Focus on service exports to boost trade, Frazer
Proffesor Garth Frazer. Rwanda needs to increase efforts to increase service exports and reducing inland trade costs to boost trade in the country. The advice was given by Garth Frazer, a Professor at the University More...
Global Anti-Money Laundering Head arrives in Nairobi for a pre-conference workshop ahead of AITEC Banking COMESA Conference
Global Anti-Money Laundering Head arrives in Nairobi for a pre-conference workshop ahead of AITEC Banking COMESA Conference Anti-Money Laundering Network boss will raise the bar on counter money laundering skills More...
Include Kenya in new trade agreement, say EAC officials
East African Community (EAC) Governments have been asked to ensure Kenya is treated as a Least Developed Country (LDC) in the Economic Partnership Agreements (EPAs) talks to avoid undermining regional integration. Participants More...
Kenya to Crack Down on Illegal Coffee Exports to Boost Output
Feb. 17 (Bloomberg) — Kenya’s coffee board plans to crack down on illegal exports of the beans to boost official production to 51,000 metric tons of the crop this year, Managing Director Loise Wanjira Njeru More...
Used Goods Importers to Pay More Tax in Z’bar
Zanzibar Finance and Economic Development Minister Omar Yussuf Mzee Zanzibar — Zanzibar is planning to act tough on importation of used goods by raising import duty, the minister responsible for Finance and Economic More...
Turnover shoots up at Rwanda Stock Market
Rwandan stock exchange The Rwanda Stock Exchange Thursday recorded high turnover compared to the previous trading session, despite share prices remaining stable. According to the RSE daily market report, the trading More...
Rwanda Trade union to advocate for domestic workers
Eric Manzi, Secretary General of CESTRAR The Workers’ Trade Union (CESTRAR), is pushing to have all employees in the country sign contracts before commencing work. According to Eric Manzi, Secretary General of More...
World Bank’s recommendation to shift trade to coastal areas refuted
Traders at a border point. Concentrating trade on coastal areas, might rob citizens of some partner states of job opportunities. Kampala – Trade experts have contested recommendation by the World Bank suggesting More...
