Safaricom Market Cap Crosses Ksh 1.5 Trillion

Posted on :Friday , 19th February 2021

Kenya’s largest listed company hit a market capitalization Ksh 1.52 Trillion after the company’s shares touched a new record high of Ksh 38.

On 11th Feb, the Nairobi Securities Exchange listed firm announced it was paying an interim dividend of KSh 0.45 per ordinary share, amounting to KSh 18.029 Billion for the year ended 31st March 2021. The company’s boar. . .

Kenya & United Kingdom Sign Trade Agreement

Posted on :Monday , 11th January 2021

Kenya and the United Kingdom on 8th December 2020 formally signed a trade agreement in London.

Betty Maina, Trade cabinet secretary signed on behalf of Kenya while Ranil Jayawardena, international trade minister signed on behalf of the UK.

The trade deal will enable Kenyan exporters to continue accessing the UK market under a duty free, quota-free arrangeme. . .

Pharmaceutical Industry to Create Opportunities for Manufacturers and Exporters in Kenya

Posted on :Monday , 2nd November 2020

The pharmaceutical industry in Kenya is growing at a speedy pace and offers great opportunities for manufacturers and exporters to establish their products and services in the lucrative market for pharmaceuticals in East Africa. Kenya is presently the largest producer of pharmaceutical products in the Common Market for Southern and Eastern Africa (COMESA) region, supplying more than 50% of the . . .

Electronic manufacturer Anker Innovation set to launch in Kenya

Posted on :Wednesday , 7th October 2020

Anker Innovation Technology Co. Ltd, a manufacturer of electronic products, has announced that they have picked Kenya as its launch pad in the East African market.

They intend to tap into Kenya's exponential growth in use of technology and smart devices to transact business.

Anker's Innovations Regional Sales Head, Faraz Mehdi said, "We are extremely excited to venture into the Ke. . .

Kenya's Mabati Rolling Mills commissions new manufacturing plant

Posted on :Tuesday , 6th October 2020

Mabati Rolling Mills Limited (MRM), a member of the Safal Group has launched the SAFBUILD manufacturing plant at its Athi River facility in the outskirts of capital city Nairobi.

MRM's SAFBUILD brings to the market a new way of building quality steel framed buildings using their custom designed Proprietary Software.

The cold formed high strength frames are completely factory-produ. . .