The middleman gets a bad rap as part of the value chain most innovators aim to disrupt. Source: Shipping & Logistics
British currency printer De La Rue’s Kenyan subsidiary recorded a 58 per cent drop in profit for the six months to September 2022. Source: Shipping & Logistics
The majority of alleged victims of human rights abuses at Kakuzi faked medical records in a bid to receive compensation from the agricultural firm. Source: Shipping & Logistics
Agricultural firm Kakuzi has signed a collective bargaining agreement (CBA) that will see its unionisable workers get a pay rise of nine percent this year and a similar hike in 2023. Source: Shipping & Logistics
Safaricom’s dominance of the voice market plunged to a two-year low while that of Airtel rose to a record high, highlighting the increasing competition between these telcos. Source: Shipping & Logistics
The Employment and Labour Relations Court has ordered the Teachers Service Commission (TSC) to reinstate Kennedy Juma Mulunda as deputy commission secretary with immediate effect. Source: Shipping & Logistics
<p><img data-src=”https://biz-file.com/c/2212/680319-208×117.jpg?2″ class=”lazyload” width=208 height=117 alt=”Africa’s air cargo market contracts over 8%” align=”left” loading=...
The Kenya Re-Insurance Corporation (Kenya-Re) has initiated the process of recruiting a new managing director to replace Jadiah Mwarania whose term ends in April next year. Source: Shipping & Logistics
Power producer KenGen has cut its dividend payout by a third even as its net profit surged 157 per cent to Sh4.7 billion in the year ended December. Source: Shipping & Logistics