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A worker at ARM cement

Athi River Mining (ARM) cannot pay back its debts

Investors who lent Athi River Mining (ARM)money may be left with losses after ratings agency predicted the cement maker will continue defaulting on its obligation. South African agency, Global Credit Ratings downgraded ARM on Friday...
Uhuru meets trump

President Uhuru Kenyatta witnesses signing of investment deals worth $238 million in Washington DC

WASHINGTON DC, 27 August 2018 (PSCU) – President Uhuru Kenyatta today witnessed the signing of two agreements that will see two US companies invest $238 million worth of projects in Kenya as he urged...

Digifarm to revolutionize Kenya’s agribusiness sector

For decades, small-scale farmers in Africa have been confronted with the irony of propping up the continent’s economy while remaining at the bottom of the income pyramid. In Kenya for example, six out of ten...
Choppies Kenya

Choppies lines up new stores for the region

Botswana retailer Choppies plans to launch two new stores in Kenya investing Sh243 million in capital expenses. This will bring the number of the retailer’s stores to 14 outlets in just three years. The retailer...

I&M Burbidge top deals of 2018

Kenya’s bitcoin remittance company has led this year’s dealmakers acquiring online money transfer platform TransfferZero that specializes in sending money to consumers and companies in 200 countries using over 50 different currencies. The firm in...

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