Kenya News & Headline Stories

Kenya News & Headline Stories

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Tuesday, July 27th, 2010

July 2010
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< Tuesday 27th >
• Sameer Sees Slight Decline in Profits: Sameer Africa recorded a decline in profits for the first half of the year as a rise in global rubber prices and a strong dollar pushed up the firm's production costs.
• Country Loses the Battle for FDI to Uganda, Tanzania: Kenya is losing the battle for foreign direct investments (FDI) to Uganda and Tanzania as heightened political tensions and restrictions on foreign ownership in some sectors turn away multinationals.
• World Bank Teams Up With Companies to Fund Small Businesses: The World Bank has stopped dealing directly with individual businesses, preferring to work with organisations that transact business with firms.
 
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