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Investors shun Kenya over Mututho law
Kenya is now the least attractive beer market in the region, thanks to the recently introduced law regulating the alcohol industry, a market report by an international investment bank...
08/24/11-09:48 AM by JOSEPH BONYO
Maize prices fall as harvest season starts
Maize deliveries to the National Cereals and Produce Board (NCPB) are expected to increase following a good season in the South Rift, pushing down the cost of the staple food crop.“Buying ...
08/24/11-09:45 AM by BARNABAS BII
British-American IPO raises Sh3.5bn, a 60pc uptake
The British-American Group has raised Sh3.5 billion through the initial public offering, a 40 per cent under-subscription. The offer, which opened on July 12 and closed on August 5, sought...
08/24/11-09:42 AM by MWANIKI WAHOME
Investors downgrade Kenya over delays in key laws
Delays in the legislation of three key laws on business has made Kenya slide behind some countries in the region in attracting investors, a World Bank expert said on Tuesday.“Delays in...
08/24/11-09:35 AM by MWANIKI WAHOME
Why McDonald's wins in any economy
FORTUNE -- Jim Skinner, CEO of McDonald's, is inspecting the kitchen of one of his restaurants in Oak Brook, Ill., with the rigor many of his peers might reserve for financial reports. He...
08/24/11-09:30 AM by Beth Kowitt
Libyan oil could take years to come back
NEW YORK (CNNMoney) -- If Libyan rebels are successful in their bid to oust the country's longtime dictator, Moammar Gadhafi, analysts say Libya's prized "light oil" should begin...
08/24/11-09:26 AM by Steve Hargreaves
UBS to cut 3,500 jobs
NEW YORK (CNNMoney) -- Swiss bank UBS said Tuesday that it is reducing its staff by 3,500 jobs, including some reductions in the United States, through a mixture of layoffs and "natural...
08/24/11-09:19 AM by Aaron SmithTop 3
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