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...

Published 12 hours ago
Mitumba traders
On Monday, February 20th, 2012
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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...

Proffesor Garth Frazer.
On Sunday, February 19th, 2012
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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...

Nigel Morris-Cotterill, Head of The Anti Money Laundering Network
On Saturday, February 18th, 2012
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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...

East African Community
On Saturday, February 18th, 2012
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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...

CEO, Mrs Louise Wanjira Njeru
On Friday, February 17th, 2012
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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...

On Friday, February 17th, 2012
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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...

On Friday, February 17th, 2012
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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...

Eric Manzi, Secretary General of CESTRAR
On Thursday, February 16th, 2012
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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...

Traders at a border point. Concentrating trade on coastal areas, might rob citizens of some partner states of job opportunities.
On Thursday, February 16th, 2012
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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...