The Big Story
Kenya slashes 2012 economic growth prospects
Kenya has slashed its 2012 economic growth projections to between 3.5 and 4.5 per cent from last month’s forecast of 5.2 per cent,...
News
Power, politics and money behind KenolKobil
TOO BIG? Kenol is not only a well-connected firm rescued from the dead 30 years ago; with $2.1 billion in sales, it is East...
Corporate News
Rwandan brewer records 42pc growth in net profit
Bralirwa records 41.9 per cent growth in net profit to Sh2.04 billion (Rwf14.7b) for full year ended December 2011...
News
Tanzania leads East Africa in secretive land sell-offs
Tanzania leads East African countries in secretive land investment deals, with the government signing off huge chunks of land...
Business
Safaricom’s days of windfall profits appear to be numbered
Its first-half pre-tax profit dipped by 48 per cent for the second successive year, as ruinous price wars took their toll...
Business
Privately armed ‘navies’ to protect ships off Somalia coast
Each vessel will have four crew, eight armed security personnel and inflatable speedboats ...
Business
Health insurers attract PE funds
IMG recently received $3.2m from two equity funds and $5.5b from IFC, while AAR got $8.9m three years ago...
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