NAIROBI, (Xinhua) — Kenya’s Special Economic Zones, currently being set up in Naivasha, a resort town 100 km outside Nairobi, have demonstrated the drive by the government to ease doing business, executives of an audit firm said Thursday. Rodl and Partner, a European international tax advisory and audit firm, which opened a new office in...
October 7, 2026
Category: Market Bazaar
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Kenya to ‘purge’ land ministry of corrupt cartels: official
By Katy Migiro NAIROBI (Thomson Reuters Foundation) – Kenya’s lands ministry is reshuffling its staff and digitizing its services to combat corrupt cartels, a senior official said on Wednesday, as the government steps up the acquisition of land for ambitious infrastructure projects. Corruption is seen as a major obstacle to development in Kenya, where some...
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Ethiopian Airlines confirms Increase in Flight Frequency to Seychelles to five a week as from 16 December
Ethiopian Airlines confirms Increase in Flight Frequency to Seychelles to five a week as from 16 December. Ethiopian Airlines, the fastest growing and most profitable African airline, have said that they are delighted to announce that they will add a 5th weekly flight to Seychelles as of 16th December 2016. Group CEO Ethiopian Airlines, Mr....
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Kenyan President lauds Dubai’s growth model
DUBAI: In its quest to strengthen bilateral economic ties between Dubai and Kenya, the Dubai Chamber of Commerce and Industry-led business delegation met the Republic of Kenya’s Head of State, Uhuru Kenyatta, during their current visit to the strategic East African country. On the sidelines of the trade mission to Kenya, SS Lootah International, the...
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Ethiopia to Overtake Kenya As Eastern Africa’s Top Economy
By Victor Juma, Business Daily Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn of Africa nation in the list of the world’s fastest economies in the past 10 years. The International Monetary Fund’s (IMF) latest statistical estimates indicate that Ethiopia’s gross domestic...
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Ethiopia says 11 factories damaged by ‘anti-peace forces’
ADDIS ABABA, Ethiopia (AP) — Ethiopia’s government says 11 factories and dozens of vehicles have been damaged in attacks by what it calls “anti-peace forces.” This East African country has seen months of protests demanding wider freedoms. An American woman was killed this week in a rock attack by protesters. Some businesses have been targeted...
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Marriott International Rapidly Expands its Footprint across Africa
KIGALI, Rwanda, — Marriott International continues its robust expansion across the African continent with news of brand-new signings of new properties in Cape Town, Nairobi, Cairo and Mauritius. This announcement comes hot on the heels of Marriott’s recently completed acquisition of Starwood Hotels and Resorts, which has created the world’s largest hospitality. The transaction has...
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An Interview with Nigusu Worku, Regional Director of the USA for Ethiopian Airlines
Editor’s note: Africa is home to some of the fastest growing economies in the world with East Africa leading the region in terms of GDP growth, lifting millions of consumers out of poverty to mid-income category. Air Travel is expected to continue its historic relationship with GDP thus increasing demand in air travel. Ethiopian Airlines is...
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IMF: Anti-Trade and Immigration Rhetoric Put the U.S. At Risk
By David Francis On Tuesday, the International Monetary Fund downgraded its forecast for the U.S. economy while warning of “persistent stagnation” both at home and abroad if there’s continuing backlash against trade and immigration. In other words, says the 189-member fund meant to foster international economic cooperation, if Donald Trump becomes president, it’s not going...
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Hilton to Open Hotel in Africa’s Tallest Development
Iconic $110 Million Hilton Nairobi Upper Hill Marks Hilton Hotels & Resorts’ 50th Property in Africa NAIROBI, Kenya, — Hilton Worldwide, has signed a management agreement with Jabavu Village Ltd to open a 255 guest-room and suite hotel in Kenya’s capital. The hotel is set to open in 2020 and joins 50 Hilton Hotels &...