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Trade and Investment

Kenya stands to gain as European leaders struck deal to bail out debt ridden Greece

By Ben Kinyanjui and agencies

Kenya is one of the countries in Africa that is likely to benefit from Wednesday’s bailout plan seeking to resolve the two year old Eurozone debt crisis.Kenya is a major exporter of flowers to EuropeKenya is a major exporter of flowers to Europe

European leaders and bankers meeting in Brussels struck a last-minute, "three-pronged" deal overnight Wednesday on solving the debt crisis that has partly contributed to the sharp depreciation of currencies in East Africa.

Saccos set to take over the multibillion shilling matatu industry



By Ben Kinyanjui

Can you imagine waking up one day and there are no matatus on the road?  Nancy Maingi, a 27 year-old civil servant from one of the newly created districts in Eastern province cannot imagine life without them.

They been called all sort of names, play loud music and some had gone to an extent of showing pornographic videos, all in the name of attracting passengers and mainly the youth.

CMC unveils expansion plan despite boardroom wars

By Today Financial News Reporter

CMC motors have embarked on a business transformation process that will increase its market share in Kenya from 14 to 20 per cent in the next one year.

Troubled CMC eying the EAC marketTroubled CMC eying the EAC market

The company also intends to increase its presence in Uganda and Tanzania as well as venture into Southern Sudan where demand for agricultural inputs including tractors is high.

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